Market Highlights: Vehicle scanners includes scanning technology in vehicle premises as it helps in identifying threats, foreign objects and contraband etc. The market has many applications such as border crossings, military checkpoints, airports and seaports, hotels and royal palaces, government buildings and several others. These scanners are also used to scan toll passes and the number plates of vehicles to charge them automatically through their daily pass. Rapidly increasing government initiatives for developing intelligent transport system will trigger the vehicle scanner system market growth. The market study is being classified by Type (Fixed Vehicle Scanner and Portable Vehicle Scanner), by Application (Government/Critical Infrastructure and Private/Commercial Facilities) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Vehicle Scanner are Gatekeeper Security (United States), SecuScan (Germany), UVIScan (Netherlands), Leidos (United States), IRD (Canada), Godrej & Boyce (India), Omnitec (United States), Tescon Security System (Germany), Uveye (United States), International Road Dynamics (Canada), El-Go Team (United States), Infinite Technologies, Inc. (United States), Rapiscan Systems (United States), Chemring Group (United Kingdom) and Amba Defence (United Kingdom).
Major Market Development Highlights In November 2018, UVeye partnered with Toyota Tsusho Corporation to strengthen its presence in Japan for vehicle inspection with the help of AI. This system will be deployed in auction sites and used on Toyota‘s used cars., and In April 2018, SecureOne International BV, which is the parent company of UVIScan, acquired the PlateCatcher brand and activities from Topguard/Heras Group. In December 2018, Roadway Electric LLC awarded a contract to International Road Dynamics (IRD) Company to supply and maintain a statewide port of entry truck screening system as part of a design-build project valued at USD 2.8 million for the Arizona Department of Transportation. IRD will supply and supervise the installation of the truck screening system at 5 locations throughout the state, including Ehrenberg, Topock, Sanders, San Simon, and Parker Weigh stations. IRD will maintain the systems for 5 years as part of this contract.
Key Questions Answered in the Report What will the Vehicle Scanner Market size and the growth rate be in Future? What are the key factors driving the Vehicle Scanner Market? What are the key market trends and macro-economic impacting the growth of the Vehicle Scanner Market? What are the challenges to market growth? Who are the key vendors in the Vehicle Scanner Market? What are the market opportunities and threats faced by the vendors in the Vehicle Scanner Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Vehicle Scanner Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Vehicle Scanner market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Vehicle Scanner market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Vehicle Scanner Manufacturers, Potential Investors, Government and Regulatory Bodies, Industry Associations and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.