By Scanner (Portable/Mobile and Fixed Static Scanner), By Technology (Scanning, Processing, Illuminating, Sensing and Imaging), By Structure (Under Vehicle Scanning System and Drive Through), By Component (Camera, Lightning Unit, Barrier and Vehicle Scanning Software), By Application (Private/Commercial Facilities and Government/Critical Infrastructure Protection)By Region (North America, south America, Europe, Middle East, Africa and Asia-Pacific), By Country (US, Canada, Mexico, Colombia, Argentina, Brazil, Spain, France, Germany, Russia, Turkey, United Kingdom, Iran, South Africa, Israel, China, India, Japan and South Korea), By Company
Vehicle manufacturers are increasingly focusing on providing user-friendly vehicle scanning systems to improve the overall transport system. The governments in some countries are actively taking initiatives to build an intelligent transportation system with the use of AI. Some governments are also focusing to increase their PPPs for traffic management and vehicle scanning and monitoring. The Vehicle Scanning market is estimated to boost in the coming years, coupled with the growing concerns of the government to ensure safety and security.
Historical Data: 2015-19
Base Year: 2019
Forecast Period: 2020-25
Middle East & Africa
According to MarkNtel Advisors’ research report titled “Global Vehicle Scanner Market Analysis, 2020”, the CAGR of the Global Vehicle Scanning System market during 2020-25 is expected to be around 6.30%. In 2019, North America acquired the major market share of vehicle scanners due to technological development in the region at locations such as seaports, airports, checkpoints, and toll roads; thus, the Vehicle Scanner market is anticipated to grow significantly in the coming years.
Governments and private commercials in the United States and other emerging countries are engaged in initiatives to deploy vehicle scanners for security concerns to combat any terrorist or illegal activity. In the Middle East region, Saudi Arabia is an emerging market that has a large number of vehicles and imports most of the products from other regions have a high level of threat. Saudi Arabia’s Ministry of Transport implemented the deployment of tolling systems across six roads from 2020. In Asia-Pacific, India and China are emerging countries which are growing at a consistent rate. In addition, the National Highway of India (NHAI) agreed to transfer rights to Macquarie Group to manage Toll Operate Transfer (TOT) for the collection of toll taxes for the next 30 years in India in 2018.
Strategic Alliances by the Companies Result in Stiff Competition Among Players
According to MarkNtel Advisors’ research report “Global Vehicle Scanner Market Analysis, 2020”, leading players in the market are Omnitec, Safeways Systems, Vehant Technologies, Rapiscan System, Amba Defence, Leidos, Bharat Electronics, El-Go Team, Secuscan and Godrej and Boyce, among others. OEMs are manufacturing vehicle scanners inclusive of software to store data of vehicles passing through the toll gate. The Vehicle Scanner market is anticipated to grow at a considerable rate in the coming years.
Key Questions Answered in the Market Research Report
What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Vehicle Scanner Market?
What are the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Global Vehicle Scanner Market?
Who are the key competitors or market players and how they perform in Global Vehicle Scanner Market on the basis of competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Global Vehicle Scanner Market study?
Market Outlook, Segmentation and Statistics
Market Size & Analysis
Market Share & Analysis
By Scanner Type
Under Vehicle Scanning System (UVSS)
Vehicle Scanning Software
Private/ Commercial Facilities
Government/Critical Infrastructure Protection
Strategic Factorial Indexing
Competitor Placement in Markntel Quadrant
Global Vehicle Scanner Market Policies, Regulations, Technology Standards
Global Vehicle Scanner Market Hotspot and Opportunities
Global Vehicle Scanner Market Key Strategic Imperatives for Success and Growth
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Global Vehicle Scanner Market during 2020-25?
A. The market size of Global Vehicle Scanner Market during 2020-25 is forecast to be around 6.30%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that North America will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Vehicle Scanner Market?
A. Omnitec, Safeways Systems, Vehant Technologies, Rapiscan System, Amba Defence, Leidos, Bharat Electronics, El-Go Team, Secuscan and Godrej and Boyce are few of the leading players in the Global Vehicle Scanner Market.
Q. Does the report scope cover Global Vehicle Scanner type wise market statistics also?
A. Yes, the scope of the report encompass detailed aircraft component wise statistics based on various subcategories.
Q. Which application segment would emerge as an opportunity area for players in Global Vehicle Scanner Market?
A. Based on application, the private and commercial segment will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Vehicle Scanner Market.
1.1. Product Definition
1.2. Research Process
1.4. Market Segmentation
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Vehicle Scanner Market Analysis, 2015-2025F