LAMEA Vehicle Scanner Market Size, Share & Industry Trends Analysis Report By Scanner Type (Fixed and Portable), By Structure Type, By Application (Government and Private), By Component, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Vehicle Scanner Market would witness market growth of 9.3% CAGR during the forecast period (2022-2028).
The UVSS is a ground-breaking invention that is extremely useful in the current environment. The UVSS is a full camera system that combines software with hardware to scan the underside of cars as they pass through checkpoints. This guarantees that all car components are automatically tested, eliminating the necessity for manual inspections. As terrorism grows, more businesses are finding that they need this crucial safety element. For many firms, under-vehicle scanning has evolved into a crucial security tool.
Administrators can conceal harmful items like illegal substances and explosives without the owner or driver's knowledge. The vehicle scanning device uses a camera system to show photos of the entire underside. In addition to image processing software, the system uses a range of high-end electro-mechanical assemblies, cameras, LEDs, and sensors to produce accurate results quickly. Countries are compelled to tighten their border and customs security due to the rise in terrorist and hostile actions. In this context, concerns about airport security have grown, motivating passenger vehicle terminal screening systems.
Furthermore, the growth in the number of tourists choosing air travel makes it challenging for airports to manage a heavy influx of travelers. Also, when there are more passengers, it is necessary to take additional security precautions, which calls for greater expenditures on screening equipment. In addition, technological advancements like robust body scanners, AI and machine learning, facial & biometric identification, and blockchain technology propel market expansion.
In the Middle East, high-profile incidents, like hijackings and bombings, unsuccessful attempts, and prompt arrests by the police, have transformed the aviation security environment during the past fifty years and revealed new information about the attackers' methods. In recent years, air traffic towards the Middle East has increased owing to tourism and international events. For example, in 2022, Qatar hosted the FIFA Football World Cup in November and December. Bookings to Qatar consequently increased by over 87% compared to November 2019 and by 77% compared to October. The Middle East provided the majority of the visitors to Qatar. Therefore, all these factors are propelling the advancement of the vehicle scanner market in the LAMEA region.
The Brazil market dominated the LAMEA Vehicle Scanner Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $69.8 million by 2028. The Argentina market is experiencing a CAGR of 9.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9% during (2022 - 2028).
Based on Scanner Type, the market is segmented into Fixed and Portable. Based on Structure Type, the market is segmented into Under Vehicle Scanning Systems (UVSS) and Drive-through. Based on Application, the market is segmented into Government and Private. Based on Component, the market is segmented into Camera, Software, Barrier, Lighting Unit, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Vehicle Scanner Market is Projected to reach USD 4.1 Billion by 2028, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Godrej & Boyce Mfg. Co. Ltd. (Godrej Security Solutions), International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.), Leidos Holdings, Inc., Gatekeeper Security, Inc. (OSI Systems, Inc.), Omnitec Group, Tescon Sicherheitssysteme AG, UVeye Ltd., Advanced Detection Technology, LLC (HWH Investments Ltd), VMI Security (Prime Holding Group), and SCANLAB GmbH (TecInvest Holding AG).
Scope of the Study
Market Segments Covered in the Report:
By Scanner Type
By Structure Type
- Under Vehicle Scanning Systems (UVSS)
- Lighting Unit
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Godrej & Boyce Mfg. Co. Ltd. (Godrej Security Solutions)
- International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.)
- Leidos Holdings, Inc.
- Gatekeeper Security, Inc. (OSI Systems, Inc.)
- Omnitec Group
- Tescon Sicherheitssysteme AG
- UVeye Ltd.
- Advanced Detection Technology, LLC (HWH Investments Ltd)
- VMI Security (Prime Holding Group)
- SCANLAB GmbH (TecInvest Holding AG)
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