Press release
The Global Airport Security Market accounted for over USD 8.6 billion in 2017 and is expected to grow at a CAGR of 5.7% during the forecast period, 2021–2026.
Airport Security Market 2021The demand for air travel is increasing around the world. With increasing terrorist activities, smuggling of goods, hijackings, and shoot-outs in high-risk locations such as airports, the need to ensure airport security is higher than ever before. Governments around the world have acknowledged this need and are taking appropriate measures. The 11 September 2001 attacks in the U.S. made airport security a global issue. After the attack, U.S. lawmakers made airport security a federal issue and formed TSA (Transportation Security Administration). Now, strict government rules exist for passenger and goods safety, which positively impacts the global airport security market.
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The Major Manufacturers Covered in this Report:
Bosch Sicherheits systems Gmbh (U.S.), Autoclear, LLC. (U.S), Lockheed Martin Corporation (U.S.), Smiths Detection Inc. (U.S.), Siemens Ag(Ge4rmany), Osi Systems, Inc (U.S.) and Safran ( France).
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026
Market Segmentation:
By Technology
Cybersecurity
Perimeter Security
Screening
Surveillance
Access Control
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Regional Analysis
Geographically, the global airport security market has been segmented into North America, Europe, Asia Pacific, and Latin America and the Middle East & Africa (LAMEA).
North America accounts for the highest revenue share in the global airport security market, owing to the prevalence of stringent government regulations and high adoption of innovative security technologies in the region. For instance, in 2018, TSA (U.S.) tested a new screening technology, a computed tomography (CT) scanner, for screening passenger carry-on luggage. The other technology in use is Credential Authentication Technology (CAT), which allows TSA to validate the security features of a passenger’s photo identification and match that information against the Secure Flight Vetting system.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Airport Security Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Airport Security Market sub-markets, depending on key regions (various vital states).
To analyze the Global Airport Security Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Airport Security Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Airport Security Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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