Global Vehicle Scanner Market is anticipated to reach US$ 2.31 Bn by 2027 from US$ 1.60 Bn in 2019 at a CAGR of 6.3 % during a forecast period.
Global Vehicle Scanner Market Overview
A vehicle scanner is an electronic device that interfaces with, analyses, and, in certain cases, recreates vehicle control modules. These devices use an under vehicle scanning system to scan beneath the vehicle for objects or threats, and they can also use CCTV cameras to scan the inside of the car for unidentified objects or threats. Scanners of many types, such as small and fixed, assist in detecting, illuminating, inspecting, imaging, and preparing the vehicle. Air terminals, seaports, military designated zones, renowned royal homes, thermal energy facilities, line junctions, and synthetic organizations are only a few of the places where vehicle scanners can be used.
Global Vehicle Scanner Market
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The report has covered the market trends from 2015 to forecast the market through 2027. Where 2019 is considered a base year to forecast the market from 2021 to 2027. However, 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe.
Global Vehicle Scanner Market Dynamics
Driving factors like rising security and safety concerns, as well as infrastructure development, have a significant impact on the vehicle scanner market. Increased installation of vehicle scanner systems to prevent activities like border trespassing, smuggling, and human trafficking, as well as increased availability of advanced security solutions, are among the major factors driving the vehicle scanner market. As a result, market growth is expected to be aided by increased demand for full-body vehicle scanners from military and government facilities.
Ports, toll booths, border crossings, and oil refineries all use these scanners. The continued growth of toll roads is a major element driving the growth of the Vehicle Scanner Market. Similarly, the market is also driven by rising automobile production, rising electric vehicle sales, technical advancements in the automotive sector, rising government backing, and attempts to build intelligent transportation networks. Furthermore, in developing countries, the rising popularity of electric cars, and global security concerns all present attractive growth opportunities for the growth of the global vehicle scanner market.
The market's growth is being hampered by factors such as high operating costs and a scarcity of trained labor. In addition, the limited growth ratio caused by the over-saturation of the product in developed regions is one of the potential restraints to the global vehicle scanner market's overall growth.
Global Vehicle Scanner Market Segmentation Analysis
By Scanner Type, the fixed segment market is the largest contributor, accounted xx% of market share in 2019 Due to high adoption rates in nations like the United States, Saudi Arabia, Germany, and the United Kingdom. The fixed vehicle scanner can scan the vehicle at speeds ranging from 30 to 60 kilometres per hour. The technology can automatically scan, detect, and compare photos, making the job of security personnel easier, safer, and more effective.
The portable scanner segment is expected to grow at a rate of xx percent during the forecast period. The portable scanner segment of the market is driven by high efficiency and advanced features. The convenience of handling portable scanners and an increase in the demand for portable vehicle scanners in defense camps are likely to positively boost the segment's growth.
By Application, in 2019, the critical infrastructure protection segment held the largest market share of xx%, and this dominance is expected to continue throughout the forecast period.
Global Vehicle Scanner Market 1
The rising need for vehicle scanning systems to safeguard critical sites like nuclear reactors and oil refineries is fuelling the growth of this segment. Thus, Vehicle scanner systems have been installed in several countries to safeguard military sites, defense infrastructure, and cross-border checkpoints. This is likely to boost the segment's growth during the forecast period.
Global Vehicle Scanner Market Regional Insights
Global Vehicle Scanner Market 2
In 2019, North America had the largest market share of 33 percent. The region's rising highway construction operations have raised the demand for these scanners at toll booths, portable car scanners in parking checkpoints, and ongoing projects, which are expected to enhance the market in North American countries. Furthermore, the region's continual growth in terrorist activities has driven demand for high safety and security systems in numerous countries. To counteract dangers, governments and private and commercial establishments are concentrating more on safety concerns.
Global Vehicle Scanner Market 3
Asia Pacific is expected to grow at a CAGR of 6.5 percent during the forecast period. Vehicle manufacturing is increasing in countries such as China, Japan, and India, which is boosting market demand.
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Global Vehicle Scanner Market Scope: Inquire before buying
Global Vehicle Scanner Market 4
Global Vehicle Scanner Market by Region
• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Vehicle Scanner Market Key Players
• Gatekeeper Security
• Leidos
• UVIScan
• SecuScan
• Godrej & Boyce
• UVeye
• UVIScan
• IRD
• Leidos
• IntelliScan
• Omnitec Solutions Inc
• Tescon AG
• International Road Dynamics
• Rapiscan Systems
• Leidos
Frequently Asked Questions
1. What is the projected market size & growth rate of the Global Vehicle Scanner Market?
Ans- Vehicle Scanner Market was valued at USD 1.60 Billion in 2019 and is projected to reach USD 2.31 Billion by 2027, growing at a CAGR of 6.3 % during the forecast period.
2. What are the key driving factors for the growth of the Global Vehicle Scanner Market?
Ans- Increased installation of vehicle scanner systems to prevent activities like border trespassing, smuggling, and human trafficking, as well as increased availability of advanced security solutions, are among the major factors driving the vehicle scanner market.
3. Which region accounted for the largest Global Vehicle Scanner market share?
Ans- In 2019, North America had the largest market share of 33 percent. The region's rising highway construction operations have raised the demand for these scanners at toll booths, portable car scanners in parking checkpoints, and ongoing projects, which are expected to enhance the market in North American countries.
4. What Makes Asia Pacific a Lucrative Market for the Global Vehicle Scanner?
Ans- Asia Pacific is expected to grow at a CAGR of 6.5 percent during the forecast period. Vehicle manufacturing is increasing in countries such as China, Japan, and India, which is boosting market demand.
5. What are the top players operativing in the Global Vehicle Scanner Market?
Ans- The major players operating in the WES market include Gatekeeper Security, Leidos, UVIScan, SecuScan, Godrej & Boyce, UVeye, UVIScan, IRD, Leidos.
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