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Airport Metal Detectors Market Analysis and Forecast 2020: By Keyplayers Ceia USA, Ltd., Cobalt Light Systems, Garrett Electronics Inc., L3Harris Security & Detection Systems, Rapiscan Systems, IRT ScanMaster Systems, Inc., Unival group GmbH,  ZKTECO CO.

07-31-2020 10:58 AM CET | IT, New Media & Software

Press release from: Coherent Market Insights

Airport Metal Detectors

Airport Metal Detectors

Market Overview

Metal detector is a device, which is used for detection of metals or weapons at airport, hotels, railways stations, and many other public and private places. Airports in particular are considered to be soft target by terrorists. Hence, airport are always deployed with various security measures. Majority of the weapons are metals in the form of knives, guns, scissors, razors blades, and others that are detected by these detectors. There are various types of metal detectors, which are used for airport security such as fixed type (walk-through metal detectors) and portable type (handheld).

The global airport metal detectors market is expected to exhibit a CAGR of 5.1% during the forecast period (2019-2027).

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Market Dynamics-Drivers

Growing demand for safety and security in the aviation industry is expected to drive growth of the global airport metal detectors market during the forecast period.    

Airports and aviation systems are considered a lucrative target by terrorist across the globe. Airplanes are more vulnerable compared to other forms of transportation. The reason being when flight is in the air, it is completely isolated from ground and it is difficult to engage with hijackers without harming the passenger. The Boeing 747 typically holds around 416 passengers on board and when it is in the air, it is one of the biggest targets for terrorist attacks. This has lead security agencies to focus on preventing these attacks at airports. Increasing threats in the aviation industry is expected to drive the global airport metal detectors market growth over the forecast period.

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Market Opportunities

Increasing government investments on airport security systems is expected to create lucrative growth opportunities for market players in the global airport metal detectors market

Governments are continuously investing in security infrastructure at airports. Among all countries all over the world, the U.S.  is considered as one of the safest countries to travel, owing to high government investments in airport security. For instance, in December 2018, a report published by Transportation Security Administration (TSA), a U.S. airport security body was formed just after 26/11 terrorist attack. TSA had a budget of US$ 7.6 Mn in 2017 and it is expected to increase to US$ 7.78 Mn in 2020. The majority of this funding is spend on new equipment in security infrastructures.   

Competitive Section

Key companies operating in the global airport metal detectors market include Ceia USA, Ltd., Cobalt Light Systems, Garrett Electronics Inc., L3Harris Security & Detection Systems, Rapiscan Systems, IRT ScanMaster Systems, Inc., Unival group GmbH,  ZKTECO CO., LTD, and others.

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Key Developments

• Key companies in the market are focused on partnerships, in order to gain competitive edge in the market. For instance, in January 2020, L3Harris Security & Detection Systems and Transportation Security Administration (TSA), a government body of the U.S. entered into a partnership. Through this partnership, L3Harris Security & Detection Systems will provide 100 metal detectors to the U.S. airports.

• Key manufacturers are focused on product launches, in order to enhance their product portfolio. For instance, in March 2019, ZKTECO CO., LTD, a China-based security equipment manufacturing company launched several metal detectors at Cebu Product Launch & Seminar 2019 in the Philippines. The products include FaceKiosk-V32 FD1032V and G4, GL300, ZKBio Security kits, and others.

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Coherent Market Insights
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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