Airport Baggage Screening Systems Market By Product Type (Advanced Imaging Systems, X-Ray Systems, Explosive Detection Systems, Computed Tomography Systems), By Application (Cabin Baggage, Hold Baggage), and By Region - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2024 - 2030

Machinery & Equipment Syndicate Market Research Pages: 128 Report ID: 13984

Key Industry Insights

The report covers forecast and analysis for the airport baggage screening systems market on a global and regional level. The study provides historic data from 2018 to 2023 along with a forecast from 2024 to 2030 based on revenue (USD Million). The study includes drivers and restraints for the airport baggage screening systems market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the airport baggage screening systems market on a global as well as regional level.

The global airport baggage screening systems market was estimated at XX (USD Million) in 2023 and is projected to be valued at XX (USD Million) by 2030 at a CAGR of XX%.

Market Key Trends Analysis

The report also provides an in-depth analysis of different drivers, restraints and opportunities in the airport baggage screening systems Market. Key drivers are discussed in the report, along with its impact on the growth of this industry during the historic period as well as throughout the forecast years.

The report will also help all the prospective readers to identify major restraining factors for the industry participants. As well, major growth opportunities prevailing in the industry will help understand the rapidly changing dynamics of industry and plan for the future strategies accordingly.

Market Strategic Analysis 

Also, the report covers key strategic developments of the market including acquisitions & mergers, new type launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the airport baggage screening systems market on a global and regional basis.

To give the users of this report a comprehensive view on the airport baggage screening systems market competitive landscape and analysis of Porter’s Five Forces model for the market are included in the report. The study encompasses market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate and general attractiveness.

Market Key Segment Analysis

The study provides a crucial view on the airport baggage screening systems by segmenting the market based on product type, application, and region. All the segments of airport baggage screening systems market have been analyzed based on present and future trends and the market is estimated from 2024 to 2030. This report will identify dominating sub-segments in terms of revenue contribution for the base year as well as during the forecast period. The fastest-growing sub-segments with its major growth driving factors are also presented in the report.

Based on Product Type, global airport baggage screening systems market is bifurcated into Advanced Imaging Systems, X-Ray Systems, Explosive Detection Systems, Computed Tomography Systems. Detailed qualitative as well as quantitative product type segment analysis will be provided in the report from 2018 to 2030.

Based on Application market is segmented into Cabin Baggage, Hold Baggage. Trend analysis amongst the application will be provided in detail.

The market has huge growth prospects and this will help industry players with different potential opportunities to explore the market. The segment analysis will help in determining how each segment will influence the market growth in the coming years will be displayed in the report.

Market Regional Trends and Market Player’s Analysis

Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Wherein, North America dominated the global airport baggage screening systems market in 2023. Asia Pacific region will be a rapidly growing market for airport baggage screening systems. On the other hand, Latin America will experience moderate growth in the coming years. The Middle East and Africa will register slower growth in the years to come.

Airport Baggage Screening Systems Market Size By Region

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The report provides company market share analysis to give a broader overview of the key players in the airport baggage screening systems market. Major players in airport baggage screening systems market are Analogic Corporation, Gilardoni S.p.A., Glidepath Group, Astrophysics Inc, C.E.I.A. S.p.A., Rapiscan Systems, Smiths Detection, L3 Security & Detection Systems, Nuctech Company Limited, American Science & Engineering, among others.

Scope of the report

Attribute Details
Base year for estimation 2023
Actual estimates/Historical data 2018 - 2022
Forecast period 2024 - 2030
Market representation Revenue in USD Million & CAGR from 2024 to 2030
Regional scope North America, Europe, Asia Pacific, Central & South America, and MEA
Country scope U.S., Germany, U.K., Italy, China, Japan, Brazil
Report coverage       Revenue forecast, company share, competitive landscape, growth factors and trends
Free customization scope (equivalent to 5 analyst working days) If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

 

The report segment of the global airport baggage screening systems market as follows:

Global Airport Baggage Screening Systems Market: By Product Type

  • Advanced Imaging Systems
  • X-Ray Systems
  • Explosive Detection Systems
  • Computed Tomography Systems
Global Airport Baggage Screening Systems Market: By Application
  • Cabin Baggage
  • Hold Baggage
Global Airport Baggage Screening Systems Market: By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China 
    • Japan
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Key Highlights & Touch Points of the Global Airport Baggage Screening Systems Market for the Forecast Years 2024-2030:

  •     CAGR of the market during the forecast period of 2024-2030
  •     Extensive information on factors that will amplify the growth of the airport baggage screening systems market over the upcoming seven years
  •     Accurate estimation of the global airport baggage screening systems market size 
  •     Exact estimations of the upcoming trends and changes observed in the consumer behavior
  •     Growth of the global airport baggage screening systems industry across the North & South America, EMEA, Asia Pacific, and Latin America
  •     Information about airport baggage screening systems market growth potential
  •     In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
  •     Furnishing of detailed information on the factors that will restrain the growth of the airport baggage screening systems manufacturers

Frequently Asked Questions

These players adopted different strategies so as to hold major market share in this market. Some of the major players in Airport Baggage Screening Systems industry includes.

  • Analogic Corporation
  • Gilardoni S.p.A.
  • Glidepath Group
  • Astrophysics Inc
  • C.E.I.A. S.p.A.
  • Rapiscan Systems
  • Smiths Detection
  • L3 Security & Detection Systems
  • Nuctech Company Limited
  • American Science & Engineering

Based on the Airport Baggage Screening Systems market analysis, North America is predicted to held the highest share in the Airport Baggage Screening Systems market during the forecast period.

The statistical data of the top market players of Airport Baggage Screening Systems industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the Airport Baggage Screening Systems industry as well as their last five-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue produced.

The study offers a decisive view on the Airport Baggage Screening Systems by segmenting the market based on Product Type, Application, and region.

The report gives a nitty-gritty assessment of the market by featuring data on various viewpoints that incorporate drivers, restraints, opportunities, and threats. This data can assist stakeholders in making suitable decisions before investing.

The sample for Airport Baggage Screening Systems market report can be received on-demand from the website as and when required.Direct call services or 24*7 chat support are provided to procure the sample report.

  1. Preface
    1. Report Description and Scope
    2. Research Scope
    3. Research Methodology
      1. Market Research Process
      2. Market Research Methodology
  2. Executive Summary
    1. Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
    2. Airport Baggage Screening Systems Market: Snapshot
  3. Airport Baggage Screening Systems - Industry Analysis
    1. Airport Baggage Screening Systems: Market Dynamics
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Restraints
      1. Restraint 1
      2. Restraint 2
    4. Opportunity
      1. Government funding and support
    5. Porter’s Five Forces Analysis
    6. Market Attractiveness Analysis
      1. Market attractiveness analysis By Product
      2. Market attractiveness analysis By Application
      3. Market attractiveness analysis by Region
  4. Airport Baggage Screening Systems Market - Competitive Landscape
    1. Company market share analysis
      1. Global Airport Baggage Screening Systems Market: company market share, 2019
    2. Strategic development
      1. Acquisitions & mergers
      2. New Product launches
      3. Agreements, partnerships, collaborations and joint ventures
      4. Research and development and Regional expansion
    3. Price trend analysis
  5. Global Airport Baggage Screening Systems Market -Product Type Analysis
    1. Global Airport Baggage Screening Systems Market overview: By Product Type
      1. Global Airport Baggage Screening Systems Market share, By Product Type,2019 and 2026
    2. Advanced Imaging Systems
      1. Global Airport Baggage Screening Systems Market by Advanced Imaging Systems, 2018-2030 (USD Million)
    3. X-Ray Systems
      1. Global Airport Baggage Screening Systems Market by X-Ray Systems, 2018-2030 (USD Million)
    4. Explosive Detection Systems
      1. Global Airport Baggage Screening Systems Market by Explosive Detection Systems, 2018-2030 (USD Million)
    5. Computed Tomography Systems
      1. Global Airport Baggage Screening Systems Market by Computed Tomography Systems, 2018-2030 (USD Million)
  6. Global Airport Baggage Screening Systems Market -Application Analysis
    1. Global Airport Baggage Screening Systems Market overview: By Application
      1. Global Airport Baggage Screening Systems Market share, By Application,2019 and 2026
    2. Cabin Baggage
      1. Global Airport Baggage Screening Systems Market by Cabin Baggage, 2018-2030 (USD Million)
    3. Hold Baggage
      1. Global Airport Baggage Screening Systems Market by Hold Baggage, 2018-2030 (USD Million)
  7. Global Airport Baggage Screening Systems Market - Regional Analysis
    1. Global Airport Baggage Screening Systems Market overview: by Region
      1. Global Airport Baggage Screening Systems Market share, by Region, 2019 and 2026
    2. North America
      1. North America Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
      1. North America Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      1. North America Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      1. U.S. Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      2. U.S. Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      3. Canada Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      4. Canada Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      5. Mexico Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      6. Mexico Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
    3. Europe
      1. Europe Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
      1. Europe Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      1. Europe Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      1. UK Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      2. UK Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      3. Germany Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      4. Germany Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      5. France Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      6. France Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      7. Italy Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      8. Italy Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      9. Spain Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      10. Spain Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      11. Netherlands Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      12. Netherlands Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      13. Rest of Europe Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      14. Rest of Europe Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
      1. Asia Pacific Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      1. Asia Pacific Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      1. China Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      2. China Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      3. Japan Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      4. Japan Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      5. India Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      6. India Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      7. Australia Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      8. Australia Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      9. South East Asia Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      10. South East Asia Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      11. South Korea Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      12. South Korea Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      13. Rest of Asia Pacific Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      14. Rest of Asia Pacific Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
    5. Latin America
      1. Latin America Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
      1. Latin America Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      1. Latin America Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      1. Brazil Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      2. Brazil Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      3. Argentina Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      4. Argentina Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      5. Chile Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      6. Chile Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      7. Rest of Latin America Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      8. Rest of Latin America Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
      1. Middle East & Africa Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      1. Middle East & Africa Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      1. GCC Countries Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      2. GCC Countries Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      3. Nigeria Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      4. Nigeria Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      5. South Africa Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      6. South Africa Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
      7. Rest of Middle East & Africa Airport Baggage Screening Systems Market revenue, By Product Type, 2018-2030 (USD Million)
      8. Rest of Middle East & Africa Airport Baggage Screening Systems Market revenue, By Application, 2018-2030 (USD Million)
  8. Company Profiles
    1. Analogic Corporation
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. Gilardoni S.p.A.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. Glidepath Group
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. Astrophysics Inc
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. C.E.I.A. S.p.A.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. Rapiscan Systems
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    7. Smiths Detection
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    8. L3 Security & Detection Systems
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    9. Nuctech Company Limited
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    10. American Science & Engineering
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments

 

List of Figures

  1. Market research process
  2. Market research methodology
  3. Global Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Airport Baggage Screening Systems Market attractiveness, By Product Type
  6. Global Airport Baggage Screening Systems Market attractiveness, By Application
  7. Global Airport Baggage Screening Systems market share, By Product Type, 2019 and 2026
  8. Global Airport Baggage Screening Systems Market by Advanced Imaging Systems, 2018-2030 (USD Million)
  9. Global Airport Baggage Screening Systems Market by X-Ray Systems, 2018-2030 (USD Million)
  10. Global Airport Baggage Screening Systems Market by Explosive Detection Systems, 2018-2030 (USD Million)
  11. Global Airport Baggage Screening Systems Market by Computed Tomography Systems, 2018-2030 (USD Million)
  12. Global Airport Baggage Screening Systems market share, By Application, 2019 and 2026
  13. Global Airport Baggage Screening Systems Market by Cabin Baggage, 2018-2030 (USD Million)
  14. Global Airport Baggage Screening Systems Market by Hold Baggage, 2018-2030 (USD Million)
  15. Global Airport Baggage Screening Systems Market share, by Region, 2019 and 2026
  16. North America Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
  17. Europe Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
  18. Asia Pacific Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
  19. Latin America Airport Baggage Screening Systems Market, 2018-2030 (USD Million)
  20. Middle East & Africa Airport Baggage Screening Systems Market, 2018-2030 (USD Million)

 

List of Tables

  1. Global Airport Baggage Screening Systems Market: snapshot
  2. Drivers of the Airport Baggage Screening Systems Market: impact analysis
  3. Restraints of the Airport Baggage Screening Systems Market: impact analysis
  4. North America Airport Baggage Screening Systems Market revenue, By Product Type,2018-2030 (USD Million)
  5. North America Airport Baggage Screening Systems Market revenue, By Application,2018-2030 (USD Million)
  6. Europe Airport Baggage Screening Systems Market revenue, By Product Type,2018-2030 (USD Million)
  7. Europe Airport Baggage Screening Systems Market revenue, By Application,2018-2030 (USD Million)
  8. Asia Pacific Airport Baggage Screening Systems Market revenue, By Product Type,2018-2030 (USD Million)
  9. Asia Pacific Airport Baggage Screening Systems Market revenue, By Application,2018-2030 (USD Million)
  10. Latin America Airport Baggage Screening Systems Market revenue, By Product Type,2018-2030 (USD Million)
  11. Latin America Airport Baggage Screening Systems Market revenue, By Application,2018-2030 (USD Million)
  12. Middle East & Africa Airport Baggage Screening Systems Market revenue, By Product Type,2018-2030 (USD Million)
  13. Middle East & Africa Airport Baggage Screening Systems Market revenue, By Application,2018-2030 (USD Million)
  • Analogic Corporation
  • Gilardoni S.p.A.
  • Glidepath Group
  • Astrophysics Inc
  • C.E.I.A. S.p.A.
  • Rapiscan Systems
  • Smiths Detection
  • L3 Security & Detection Systems
  • Nuctech Company Limited
  • American Science & Engineering

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An Overview on Research Methodology used at Syndicate Market Research:

1.1 Research Methodology

The process of market research at Syndicate Market Research is an iterative in nature and usually follows following path. Information from secondary is used to build data models, further the results obtained from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new information is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the market providers. The revenue generated from the sales of market is calculated through primary and secondary research. The key players operating in the market across the globe are identified through secondary research and a corresponding detailed analysis of the top vendors in the market is done. The market size calculation also includes clinical trial phase segmentation determined using secondary sources and verified through primary sources.

1.2 Secondary Research

The secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The sources for secondary research includes but is not limited to: Factiva, Hoovers and Statista

1.3 Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ clinical trial phase managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4 Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data types to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways - Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.

1.5 Research Limitations

Inflation is not a part of pricing in this report. Prices of the products and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each type has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end user in each region.

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