Airport Security Market Size, Industry is growing at 7.4% CAGR to 2020

Airport Security Market

Summary

One cannot underestimate the importance of effective airport security. Since the end of the cold war, no single event has had a greater effect on the global geopolitics and defense than the 9/11 attacks which were made possible by the pre-9/11 airport security processes loopholes.

The airport security technologies, industry & markets are going through major shifts. Markets once dominated by the U.S. TSA are now moving to European, Middle Eastern and Asia-Pacific airports. New and maturing sectors and technologies such as automated border control kiosks, cargo screening, cyber security, airport perimeter security systems and advanced ICT technologies create new market niches and fresh business opportunities. According to the report, the aviation security market is forecasted to make a robust comeback, generating a 2014-2020 CAGR of 7.4%.

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The report includes an in-depth analysis of the industrial value chain, which provides a detailed view of the Airport Security Market. The Porter's Five Forces model for the market has also been studied, in order to help understand the competitive scenario in the market. The study includes market attractiveness analysis, wherein the end-users are standardized, on the basis of the market size, overall attractiveness, and growth rate.

This Airport Security market research report provides the existing competitive analysis of some of the major players profiled in the market, which includes: IBM, Lockheed Martin, ADANI, Red X Defense, Syagen Technology. Thermo Electron Corporation, Biosensor Applications, Hitachi, Scent Detection Technologies, Ketech Defence, Mistral Security Inc, Appealing Products Inc. (API), ChemSee, DetectaChem LLC, Scintrex Trace, Flir Systems.

The global air passenger volume growth, particularly in the Middle East and Asia-Pacific regions.

The growing importance of enhanced airport security.

Advancements in airport security technology and infrastructure.

The fast growth of the Asia Pacific airport sector (e.g., China new airports and upgrades, 2 out of every 3 new airport projects in the world are in mainland China).

The moderate growth of the aviation sector in other regions.

Worsening of radical Islamists terror threats to European & Middle East airports.

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Airports Security Screening Data at over 1300 airports in 40 countries: The airport security market report provides screening data at each and every airport segmented by over 1,300 airports which screen 2,552 million passengers (89% of the global aviation passengers). For each country, all the airports with over 100,000 annual screened passengers are presented, including details on the number of screened passengers.

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Questions answered in this 3-volume 819 page report include:

What are the procurement models, and how do they affect the industry’s business models?

What are the main end-user trends?

How can the supplier industry introduce new products and services to meet the security needs of future airport operating models?

What are the challenges to market penetration?

What will the market size be in 2015-2020?

What are the key and pipeline airport security technologies including airport security baggage scanners?

How does the balance of passenger satisfaction & operational efficiency versus stringent security measures affect the security industry?

What are the key market trends?

What are the opportunities to increase your market share?

Where are the most attractive business opportunities?

What is driving this market?

In the end, The main goal of this research study is to provide a clear picture and a better understanding of the market for Global self driving car sales market report 2018 to the manufacturers, suppliers, and the distributors operational in it. The readers can gain a deep insight into this market from this piece of information that can enable them to formulate and develop critical strategies for the further expansion of their businesses.

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