Airport Security Industry Overview, Market Forecast and Key Players...

Airport Security Industry Overview, Market Forecast and Key Players Outlook by 2030

Posté 2023-02-15 11:03:10

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Market Overview:

Airport security industry 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 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 industry 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 insight by type, systems & equipment, technology, and region.

Type Insight

Access Control, Cybersecurity, Perimeter Security, Screening, Surveillance, Others

Systems & Equipment Insight

Metal Detectors, Fiber Optic Perimeter Intrusion Detection Systems, Backscatter X-Ray Systems, Explosives and Narcotics Trace Detector, Cabin Baggage Screening Systems, Others

Technology Insight

Radio-frequency identification (RFID), Biometrics,3D Scanning, Others

Region Insight

North America, Europe, Asia-Pacific, Middle East & Africa, Latin America

Regional Analysis:

Airport security industry 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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