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Airport Security Market: Leading Segments and their Growth Drivers 2020-2024

Author : Ronak Bora | Published Date : 2020-09-10 

Airport security market is gaining tremendous traction of late. Of late, the aviation industry has been highly prone to threats relating to terrorism, smuggling activities, and other crimes, a factor that has highly driven the demand for strict security measures in this space. In response to this fact, the airport security technologies that offer enhanced security to the existing surveillance systems and better situational awareness are witnessing increasing adoption in the aviation industry.

Furthermore, with the digital and connected solutions transforming the security landscape, companies are launching enhanced security systems to provide advanced surveillance and safety to the airports. Demonstrating a recent instance, Bosch, a leading supplier of security systems launched a Video Management System 7.5 software which has now allowed the security operators to have much faster access to video footage along with seamless management of space.

Such product advancement trends are considered one among many factors that is underscoring the extensive developments prevalent in airport security market, which as per analysts generated revenue close to USD 9 billion in 2016.

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As per the recent research study, increase in the number of travelers and rising globalization trends have been the most pronounced factors contributing to rising growth of airport security market. Development of new airports, owing to rising airline passenger, traffic has resulted in a tremendous demand for airport security systems.

As per the estimates provided by the Centre of Aviation, currently more than 2,500 aviation projects are under operation, with Asia pacific solely spending USD 125 billion on airport construction. Developing economies in the region including India and China are experiencing rapid industrialization trends which have led to a massive increase in passenger traffic.

The fad, in turn, has significantly led to rise in the demand for biometrics, full body x-ray scanners and other security technologies & processes at the airports which has fueled the airport security market.

Top Key Players In Airport Security Market are American Science and Engineering, Inc, Auto Clear LLC, Axis Communications, BOSCH Security Systems, CEIA, Fisher Research Laboratory, FLIR Systems, G4S PLC, Hitachi Ltd, IBM Corporation, L-3Communications Security & Detection Systems, Lockheed Martin Corporation, MilliVision Technologies, OSI Systems, Inc., RedXDefense LLC, Safran Identity and Security SAS, Scanna MSC Ltd, Siemens AG, Smiths Detection LLC, Thales Group, Westminster Group PLC

Speaking of the advanced technologies and product developments pertaining to airport security market landscape, Smiths Detection, a leading airport security industry giant has recently launched the HI-SCAN 6040 CTiX checkpoint scanner.

Reportedly, this scanner was developed to deliver higher levels of security, optimize checkpoint performance, and improve the operational efficiency. The new HI-SCAN 6040 CTiX is being incorporated at several airports across Europe.

Table Of Content:

Chapter 3.   Airport Security Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2013 - 2024

3.3.  Industry ecosystem analysis

3.3.1. Vendor matrix

3.4.  Technology & innovation landscape

3.4.1. Screening lanes

3.4.2. CT scanners

3.4.3. Automated document authentication

3.5.  Regulatory landscape

3.5.1. Liquids Rule

3.5.2. Regulation (EU) 2015/1998

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.    High risks associated with the terrorist attacks in the U.S

3.6.1.2.    Advent of new regulations associated with the security needs in Europe

3.6.1.3.    Airport construction and upgrade activities in Asia Pacific

3.6.2. Industry pitfalls & challenges

3.6.2.1.    Budget constraints

3.6.2.2.    Airport cybersecurity threats

3.7.  Growth Potential Analysis

3.8.  Porter's analysis

3.9.  Competitive landscape, 2016

3.9.1. Strategy dashboard

3.10.  PESTEL analysis

Chapter 4.   Airport Security Market, By Technology

4.1.  Airport security industry share by technology, 2016 & 2024

4.2.  Access Control

4.2.1. Market estimates and forecasts, 2013 – 2024

4.3.  Cybersecurity

4.3.1. Market estimates and forecasts, 2013 – 2024

4.4.  Perimeter Security

4.4.1. Market estimates and forecasts, 2013 – 2024

4.5.  Screening

4.5.1. Market estimates and forecasts, 2013 – 2024

4.6.  Surveillance

4.6.1. Market estimates and forecasts, 2013 – 2024

4.7.  Others

4.7.1. Market estimates and forecasts, 2013 – 2024

Chapter 5.   Airport Security Market, By Region

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.7   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/airport-security-market-report

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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