Global Passenger Screening System Industry 2018 Global Share, Trend, Segmentation and Forecast to 2023

Market Highlights:

The growing level of airline traffic globally is increasing the need for security and scanning systems that can be used to give security clearance to the passengers passing airports around the world efficiently. Market reports connected with the aerospace industry have been made accessible by Market Research Future who publishes reports on other sectors that have been presently published along with a report on this industry. The market is anticipated to develop at a 5% CAGR over the forecast period.

As the airports around the world are increasing their capacity in response to the growing air traffic, due to a mounting number of airlines, the market is gaining significant opportunities for growth. Threats related to security on airplanes are on the rise due to increasing terrorist activities which have prompted increased demand for the market. Moreover, the shortage of trustworthy and qualified professionals for security on airports has added to the demand for airport passenger screening systems market.

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Major Key Players

CEIA,
L-3 Communications Security & Detection Systems,
RapiScan Systems.
Smiths Detection,
American Science and Engineering,
Analogic,
AUTOCLEAR,
Nuctech, and Optosecurity.

As a result, it is expected that the Airport Passenger Screening System Market would grow at a CAGR of approximately 5%, during 2017-2023.

Industry Updates:
Sep 2018 The Metropolitan Washington Airports Authority along with U.S. Customs and Border Protection, have unveiled a new biometric screening system known as veriScan that uses facial recognition technology to streamline passenger verification and boarding on outbound commercial airline flights.

Segmental Analysis
The market segmentation of the airport passenger screening systems is carried out on the basis of type, airport type, and region. The segmentation of the market by type consists of explosive trace detectors, full body scanners, metal detectors, magneto static detectors, and advanced imaging technologies. On the basis of airport type, the market is divided into domestic airport and international airport. On the basis of region, the market consists of North America, Europe, Asia Pacific and rest of the world.

Detailed Regional Analysis

The regional analysis of the market states that the APAC region will dominate the air traffic globally by 2032. The growing APAC region has witnessed one of the highest growth rates in the aviation industry globally and is likely to propel the industry for the next two decades, as demands saturate in matured markets, such as Europe and North America. Close to 50% of the global traffic in the next 15 years is expected to come from APAC, and the region currently oversees about 27% of the air traffic globally. With the escalation in GDP and purchasing power in the region principally powered by the developing nations such as China and India, there is augmented demand for air travel. Moreover, APAC has seen a rapid expansion of airport terminals and new airport construction projects.

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Intended Audience
• Distributor & Supplier Companies
• End-users
• Consultants and Investment bankers

Table of Content

1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL

List of Tables

TABLE 1 GLOBAL AIRPORT PASSENGER SCREENING SYSTEM MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA AIRPORT PASSENGER SCREENING SYSTEM MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE AIRPORT PASSENGER SCREENING SYSTEM MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA-PACIFIC AIRPORT PASSENGER SCREENING SYSTEM MARKET: BY COUNTRY, 2017-2023
TABLE 5 ROW AIRPORT PASSENGER SCREENING SYSTEM MARKET: BY COUNTRY, 2017-2023

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