openPR Logo
Press release

Airport Security Equipment Market expected to grow strongly by 2024

Airport Security Equipment Market expected to grow strongly

Airport Security Equipment Market accounted for a revenue of over USD 16 billion over the forecast timespan. Continuous evolution of criminal activities, such as data thefts, cyber-attacks, and hijackings, in terms of technological complexity and method of execution is a major factor driving the Airport Security Equipment Market. Rise in terroristic and smuggling attacks has led to governments of various economies to undertake stringent safety measures and protocols for the safeguarding of human life and protection of financial data and consumer trust.

Request for a sample of this research report @ https://bit.ly/2nLtwxF

Furthermore, occurrence of these activities can disrupt business for elongated periods of time, making the airport unusable. For instance, in June 2016, mass shooting and bombing attacks at Ataturk Airport in Instanbul was responsible for more than 230 casualties. Rapid industrialisation and globalization has propelled the global passenger traffic. Governments across various regions, primarily in the South-East region, are undertaking large scale construction activities for the development of new and modification of existing airport infrastructure, contributing to the growth of the Airport Security Equipment Market.

Technological advancements are revolutionizing the landscape of the Airport Security Equipment Market. To tackle the issues of passenger inconvenience stemming from long waiting times and physical body checks, the companies operating in the industry are highly focusing on the R&D activities. For instance, innovations including SmartGate passport processing, IP-based surveillance and biometric facial identification are currently being trailed at international hubs across the world and have led to massive improvements in efficiency and comfort levels as opposed to conventional systems.

The rising trend of IoT technology has further fuelled the demand for Airport Security Equipment Market. For instance, Birmingham Airport has implemented a solution that accurately measure queues and predict waiting times. These technologies, which include RFID baggage reconciliation systems, e-gates, and more. Smart technologies, however, owing to their increased dependence on the internet, are more susceptible to thefts and hacking attacks.

Make an Inquiry for purchasing this report @ https://bit.ly/2xsNJOG

The screening application segment of the Airport Security Equipment Market is anticipated to dominate in terms of revenue during the forecast timespan. Various governments, in light of rising attacks, have initiated stringent baggage and traveller scanning protocols. For instance, the Liquids Rule issued by the Transportation Security Administration in the U.S restricts the quantity of fluids in hand-held baggage. This is to dissuade terrorist attacks from the carriage of corrosive and acidic liquids that can pose a security threat.

Tourism and large-scale business development is anticipated to drive the Airport Security Equipment Market in the Middle East and Africa region. There is a substantial increase in internal and religious conflict and the need for advanced systems to cater to the increasing traveller population encountered per day. For instance, in 2015 the Abu Dhabi airport had deployed the automated document authentication systems to help the passengers in scanning their mobile or home-printed or traditional boarding pass and further speed up the validation process and reduce queue waiting times.

Chapter 4. Airport Security Market, By Technology
4.1. Airport security market 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

The companies operating in the global Airport Security Equipment Market include Axis Communication, CEIA, BOSCH Security Systems, IBM Corporation, G4S PLC, Hitachi Ltd, Lockheed Martin Corporation, Scanna MSC Ltd., Siemens AG, Vision-Box, and Thales Group. The vendors work in close collaboration with the end-users for the testing of their technologies. For instance, the testing of Vision-Box facial recognition software has been initiated in the Charles de Gaulle Airport to speed immigration processes while reinforcing security.

"Global Market Insights, Inc. has a report titled, “Airport Security Market Size By Technology (Perimeter Security, Cybersecurity, Surveillance, Screening, Access Control), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, China, India, Japan, ANZ, Brazil, Mexico, Saudi Arabia, UAE, Africa), Application Potential, Competitive Market Share & Forecast, 2017 - 2024” available at
https://bit.ly/2gajAZf

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Airport Security Equipment Market expected to grow strongly by 2024 here

News-ID: 1066852 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Airport

Duty-free Shopping Market May Set New Growth Story | Dubai International Airport …
Latest survey on Global Duty-free Shopping Market is conducted to provide hidden gems performance analysis of Duty-free Shopping to better demonstrate competitive environment . The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end use applications. The report bridges the historical data from 2015 to 2020 and forecasted till 2026*, the outbreak of latest scenario
Airport Market to See Strong Investment Opportunity | Ciudad Juárez Internation …
The “ Airport - Market Development Scenario ” Study has been added to HTF MI database. The study covers in-depth overview, description about the Product, Industry Scope and elaborates market outlook and growth status to 2027. At present, the market is developing its presence following current economic slowdown and its Impact. Some of the key players considered in the study are Ciudad Juárez International Airport, Mérida International Airport, Mexico City
Duty-free Shopping Market Projections Highlighting Primary Trends until 2027-Dub …
Duty-free Shopping Market 2021-2027 Financial Insights, Business Growth Strategies with Competitive Landscape The Duty-free Shopping Market Research study published by MarketInsightsReports, entitled Global Duty-free Shopping Market Growth 2021-2027 consists of the market share, size, segmentation, and current trends. The study also contains the numerical research of the global Duty-free Shopping market on a global level and offers planning and designing statistics to boost business development. The report author has included key competitive landscape (upcoming identifiers)
Airport IT Spending Market is Booming Worldwide| RESA AIRPORT DATA SYSTEMS, Rock …
HTF MI recently introduced Global Airport IT Spending Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Amadeus IT Group, RESA AIRPORT DATA SYSTEMS, Rockwell Collins, SITA
Aerotropolis Market Report 2018: Segmentation by Airport Type (greenfield airpor …
Global Aerotropolis market research report provides company profile for Skanska, Turner Construction, Walsh Group, Austin Industries, HENSEL PHELPS and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on
Global Airport Lighting Control System Market For Civilian and Commercial Airpor …
Latest industry research report on: Global Airport Lighting Control System Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Request For Sample Report @ https://www.marketresearchreports.biz/sample/sample/1234282 Geographically, this report split global into several key Regions, with sales (K sqm), revenue (Million USD), market share and growth rate of Airport Lighting Control System for these regions, from 2012 to 2022 (forecast), covering United States China Europe Japan Korea Taiwan Global Airport Lighting Control System market competition