Press release
Airport Security Market Forecasted to Surpass $25 Billion by 2031
Airport security, comprising a suite of techniques and methodologies aimed at safeguarding passengers, staff, aircraft, and airport assets against various threats including crime, terrorism, and malicious harm, has emerged as a critical priority in the aviation industry. The growth of this market is propelled by stringent governmental regulations governing airport security protocols and the escalating number of air passengers. Additionally, increased investments in bolstering airport security infrastructure present significant growth opportunities. However, challenges such as the complexity of upgrading existing security systems and the high costs associated with implementing comprehensive security solutions may pose obstacles to market growth.
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Scope of the report:
Airport Security Market Assessment, by Offering
• Systems
o X-Ray Machines
o Metal Detectors
Walk-Through Metal Detectors
Hand-Held Metal Detectors
o Surveillance Systems
o Biometric Devices
o Other Systems
• Services
o Support and Maintenance Services
o Deployment and Integration Services
o Consulting and Training Services
Airport Security Market Assessment, by Application
• X-Ray Access Control
• Perimeter Security
• Scanning and Screening
• Surveillance
• Other Applications
Airport Security Market Assessment, by Geography
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
• Latin America
• Middle East & Africa
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/airport-security-market-5772
The report delves into the segmentation of the airport security market based on offerings, encompassing systems (including X-ray machines, metal detectors, surveillance systems, biometric devices, among others) and services (encompassing support and maintenance services, deployment and integration services, consulting, and training services). It also evaluates industry competitors and provides a detailed analysis of market dynamics at regional and country levels.
In terms of offerings, the systems segment is anticipated to dominate the global airport security market in 2024, capturing the larger share and boasting the highest CAGR during the forecast period. This growth trajectory is attributed to the increasing adoption of airport security systems and a focused effort by key players on continuous product development and enhancement.
Similarly, in terms of application, the scanning and screening segment is projected to hold the largest share of the global airport security market in 2024, while the access control segment is expected to register the highest CAGR during the forecast period. This growth is fueled by the rising adoption of access control systems at airports to enhance security protocols.
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Geographically, North America is anticipated to maintain its dominance in the airport security market in 2024, while the Asia-Pacific region is poised to exhibit the highest CAGR during the forecast period. This growth is attributed to increased investments in modernizing airport infrastructure and the growing imperative to ensure operational efficiency and security.
Key Players:
Leading players operating in the airport security market include Teledyne FLIR LLC, Leidos, Honeywell International Inc., Robert Bosch GmbH, Siemens AG, Hart International, Covenant Aviation Security, LLC, Collins Aerospace, Smiths Group plc., Elbit Systems Ltd., SITA, Rapiscan Systems, Axis Communication AB, Thales Group, and Westminister Group Plc., among others.
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