Airport Security Market Report Information: by Type (Access Control, Perimeter Security, Screening, Others), Systems & Equipment (Metal Detector, Backscatter X-Ray System, Others), Technology (RFID, Biometrics, Others), & Region — Forecast till 2023
Market Scenario
Airport security includes numerous systems and technologies used to safeguard the passengers, staff, and planes from malicious activities, threats, and violence. The systems and technologies that are used for airport security include metal detectors, x-ray scanners, explosive detectors, biometrics, intrusion detectors, 3D scanners, and others. They are also essential to avoid loss of assets and the disruption of business. Explosive and intrusion detectors are used to avoid threats of cross-border terrorism, smuggling, and drug trade. Similarly, the need for providing access control to critical areas has increased the demand for fixed surveillance and biometric identification systems at airports.
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The need for stringent security to ensure passenger safety against critical situations is primarily driving the growth of this market. Moreover, strict government regulations to strengthen airport security is contributing to the market growth. However, high installation and maintenance costs of security solutions are the major restraints to the growth of this market.
Airport security market has been segmented into type, systems & equipment, technology, and region. By type, the market has been segmented into access control, cybersecurity, perimeter security, screening, surveillance, and others. Screening is the primary checking process that is performed in airports to check for any threatening and restricted item possessed by an individual, and is the largest sub-segment, by type. Millimeter wave machine, backscatter x-ray system, and walk-through metal detectors are some of the systems that are used to screen passengers.
By technology, the market has been segmented into Radio-Frequency Identification (RFID), biometrics, 3D scanning, and others. The 3D scanning segment, among technology, is expected to grow at the highest rate during the forecast period. 3D scanners can see through cluttered bags and give screeners the ability to zoom in and rotate a bag for a 360-degree view. It also saves time as travelers do not have to remove electronic items from their bags.
The market, by region, is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America. North America accounted for the largest shares of the market in 2017. This is due to the stringent government regulations and Transportation Security Administration (TSA) standards to strengthen security at airports. Moreover, the U.S. is one of the major suppliers of security systems. Asia-Pacific is expected to grow at the highest rate during the forecast period. This is due to the increasing demand for air travelers and increasing number of airports in this region. The number of air travelers is increasing in regions such as Europe, the Middle East and Africa, and Latin America. Therefore, the global airport security market is estimated to register a CAGR of more than 6% during the forecast period from 2018 to 2023.
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Key Players
The key players in the airport security market are American Science and Engineering, Inc. (U.S.), Autoclear LLC (U.S.), C.E.I.A. SpA (U.S.), FLIR Systems, Inc. (U.S.), L3 Security & Detection Systems (U.S.), OSI Systems, Inc. (U.S.), Robert Bosch LLC (U.S.), Siemens AG (Germany), Smiths Detection LLC (U.S.), and Westminster Aviation Security Services Ltd. (U.K).
Scope of Report
The report on the global Airport Security market by Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of the qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecast market size, in terms of value and volume, and the technological, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
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Global Airport Security Market growth is fuelled by increasing demand for smart technologies and IoT in the airports.
Increasing demand for the technologies including RFID baggage reconciliation systems, remote check-ins, e-gates, and sensor equipment drive the demand for airport security.
Other factors including rising traveler population, shift towards globalization, and increasing industrialization lead to the increasing movement of the goods and population from one country to another and thus, drive the market for airport security.Moreover, increasing passenger traffic in urban airports, lead to the upgradation of the existing technologies and development of high securities in the airports and thus, drive the market for airport security through the forecast period.
The increasing number of high profile terrorist and contraband smuggling activities across the world is also a major factor driving the Global Airport Security Market growth.Request a Report Sample with Toc and figures to click here: http://marketgrowthanalysis.com/reports/sample/301North America held the highest market share in 2017 driven by the high emphasis of the U.S government on security measures such as surveillance cameras and cybersecurity solutions.
A large airport that contains massive databases of critical customer financial and personal data are susceptible to these threats and are accounting to its high adoption.Request for enquiry on This Report at: http://marketgrowthanalysis.com/reports/enquiry/301Market SegmentationBy TechnologyAccess ControlSmart Card SystemsBiometric ReadersDual Proximity Readers & PIN KeypadsVideo & Audio Entry SystemsSecure Area Identity ManagementMulti-site Integrated Access ControlTime and Attendance SystemsGuard Tour SystemsOthersCyber SecurityIoTBig DataCloud StorageAdoption of Smart SolutionsOthersPerimeter SecurityAlarm SystemsSensorsElectronic Fences and GatesBollards and BarriersOthersScreeningX-RayBiometric Screening SystemsEDT (Electronic Data Transmission)Metal Explosive Trace DetectorOthersSurveillanceIP (Internet Protocol)Analogue VideoGround Radar SurveillanceVideo AnalyticsOthersBy ApplicationsSecurity Identification Display Areas (SIDA)Air Operations Areas (AOA)Sterile AreasHold Baggage ScreeningPassenger Pre-Board ScreeningCargo ScreeningNon-Passenger ScreeningOthersThe key players operating in the airport security market are IBM Corporation, Lockheed Martin Corporation, Thales Group, Fisher Research Laboratory, Siemens AG, G4S PLC, Bosch Security Systems, Auto Clear LLC and Smiths Detection LLC, among others.
These companies are increasingly investing in the development of advanced security solutions to help in combating security threats.
The report encompasses several factors that have contributed to the growth of the overall market in recent years.
With a bid to capitalizing on the massive potential held by this market, several large scale companies are looking to adopt newer strategies.
It is observed that company mergers and collaborations are a growing trend among major businesses across the world.
The global airport security market size is projected to reach USD 11.45 billion by the end of 2027.
Through this acquisition, the company plans to strengthen its portfolio of digital security solutions.
Thales’ acquisition of Gemalto will help the company establish a formidable position in the global market.
