Transportation Security Technology Market 2023 Driving Factors Forecast Research 2029

Transportation security technology market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. The major factor driving the demand for transportation security technology is attributed to factors that include the growingintegration of technology to transit infrastructure.. Further growing launches of advanced tools for transportation security are some of the factors anticipated to fuel the demand for transportation security technology. For instance, in November 2020, Rapiscan Systems launched an advanced metal detection system the Orion Metor 900M. The system is suitable for both indoor and outdoor. Itis weatherproof with IP65 protection. The system is usefult for passenger screening at airports and other mass transit facilities, as well as for visitor screening at stadiums and critical infrastructure protection.It is designed to detect ferrous and non-ferrous metals such as handguns, knives, and other security threats.

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The global transportation security technology market is segmented based on its type and application. Based on type, the market is sub-segmented into video surveillance, passenger & baggage screening system, cargo inspection system, perimeter, intrusion detection, access control, nuclear & radiological detection, fire safety & detection system, tracking & navigation system, and others. Based on the application the market is categorized into airways, roadways, seaways, and railways.Among the application segment, the airways sub-segment is anticipated to register significant growth in the forecast period.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Transportation Security Technology Market by Type
o Video Surveillance
o Passenger & Baggage Screening System
o Cargo Inspection System
o Perimeter Intrusion Detection
o Access Control
o Nuclear & Radiological Detection
o Fire Safety & Detection System
o Tracking & Navigation System
o Others

Global Transportation Security TechnologyMarket by Application
o Airways
o Seaways
o Roadways
o Railways

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o AGT International SpA
o Anixter International Inc.
o Avigilon Corp.
o HID Global Corp.
o L3Harris Technologies, Inc.
o NICE Ltd.
o Northrop Grumman Corp.
o Nuctech Company, Ltd.
o ORBCOMM Inc.
o Rapiscan Systems, Inc.
o Raytheon Technologies Corp.
o Saab, Inc.
o Safran Group
o Siemens AG
o Smiths Group
o Southwest Microwave, Inc.
o Thales Group
o United Technologies Corp.

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global transportation security technology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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