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Airport Security Market Trends, Industry Analysis, Opportunities, Size, Competitive Analysis And Forecasts To 2023

07-09-2020 05:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: market research future.

Airport Security Market Trends, Industry Analysis,

The Airport Security Market Is Estimated To Register A CAGR Of More Than 6% During The Forecast Period From 2018 To 2023.

Key Players

The key players in the airport security market 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 Highlights

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.

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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.

Scope of the Report

This study provides an overview of the global airport security market, tracking three market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The study segments the global airport security market by type, systems & equipment, technology, and region.

Type

Access Control
Cybersecurity
Perimeter Security
Screening
Surveillance
Others
Systems & Equipment

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

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

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

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