Market Overview:
Airport security market size was USD 11.45 billion by 2030, at CAGR of 9% By 2020-2030
Airport security consists of access control, cybersecurity, perimeter security, scanning systems, and others. These are the systems used to safeguard passengers from malevolent activities, such as hijacking, bombing, and violence. These systems comprise software for better monitoring, detection, and risk prevention.
The increasing need for stringent security to ensure passenger safety against terrorist activities is primarily driving the growth of this market. Similarly, stringent government regulations related to airport security are also contributing to the growth of this market. However, high installation and maintenance costs of the security solutions are the major challenges for the market growth.
Airport security market size has been segmented by region into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. Asia-Pacific is expected to grow at the highest rate during the forecast period. The growth of this region is attributed to the increasing demand for air travel and an increasing number of airports.
Key Players:
The key players in the airport security market size 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).
Market Analysis:
The study segments the global airport security market size by type, systems & equipment, technology, and region.
Type
Access Control, Cybersecurity, Perimeter Security, Screening, Surveillance, Others
Systems & Equipment
Metal Detectors, Fiber Optic Perimeter Intrusion Detection Systems, Backscatter X-Ray Systems, Explosives and Narcotics Trace Detector, Cabin Baggage Screening Systems, Others
Technology
Radio-frequency identification (RFID), Biometrics,3D Scanning, Others
By Region
North America, Europe, Asia-Pacific, Middle East & Africa, Latin America
Regional Analysis:
Airport security market size has been segmented by region into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. Asia-Pacific is expected to grow at the highest rate during the forecast period. The growth of this region is attributed to the increasing demand for air travel and an increasing number of airports.
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