Airport Security Market is Anticipated to Exhibit Substantial Growth Via Surveillance Segment | Leading Players are Axis Communication, CEIA, BOSCH Security Systems, IBM, G4S PLC, Hitachi, Lockheed Martin, Siemens, Vision-Box, and Thales Group

Airport Security 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 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.

Rapid industrialization 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 market.

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Technological advancements are revolutionizing the landscape of the airport security 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 Smart Gate 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 fueled the demand for airport security 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.

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The airport surveillance system market is anticipated to exhibit substantial growth during the forecast time-period. These systems are required to be functional at all times and sense multiple movements occurring at varying ranges. Additionally, these systems are supposed to function effectively in intense environmental conditions such as fog and storms and capture images in reduced visibility settings. The advent of 4K cameras and video units has revolutionized the airport security market owing to their sharper and improved image quality and provide coverage for a wider area.

The North America airport security market is anticipated to dominate in terms of revenue in the following years. This is mainly attributed to the high emphasis of the U.S government on security measures such as surveillance cameras and cyber security solutions. The Transportation Security Administration (TSA) has launched the testing of 3D checkpoint scanning technology at the Phoenix Sky Harbor and the Logan International Airport. The computed tomography screening equipment improves the threat detection capabilities by providing a more through 3D image of the screened cargo.

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The companies operating in the global airport security 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.

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