Press release
Key Transportation And Security System Market Trend for 2025-2034: Innovative Security Screening Solutions In The Transportation Industry
Transportation And Security System Market Size
The size of the transportation and security system market has seen rapid expansion in the past few years. Projected growth indicates an increase from $18.4 billion in 2024 to $20.4 billion in 2025, with a compound annual growth rate (CAGR) of 10.9%. Factors contributing to this historical growth include enhanced efficiency in traffic reduction, an improved consumer experience due to intelligent transportation systems, growing urbanization, a rise in population, cybersecurity issues, and initiatives for smart cities.
The market size for the transportation and security system industry is projected to experience substantial growth in the coming years, reaching $29.13 billion in 2029 with a compound annual growth rate (CAGR) of 9.3%. Factors contributing to this surge within the forecast period include increasing urbanization driving sales in the cold storage sector, growing demand for intelligent transportation, government policies, environmental sustainability, and traffic congestion. In the forecast period, significant trends are expected to be seen, such as advancements in video surveillance and screening technologies, technological progress, improvements in surveillance technologies, the integration of artificial intelligence and machine learning, and cybersecurity solutions.
What Is Stimulating Growth in the Transportation And Security System Market?
The transportation and security system market is likely to experience growth due to the increasing needs for smart transportation. Smart transportation involves the use of innovative technologies and management methods in transportation systems to increase efficiency, safety, and comfort. Transportation and security systems contribute to smart transportation efforts by offering the necessary infrastructure, technology, and services to develop efficient, safe, and sustainable transportation networks. For instance, a report from the US-based non-profit - Insurance Institute for Highway Safety - in December 2022 projected that American roads will see an increase of 3.5 million autonomous or self-driving vehicles by 2025. That number is expected to reach 4.5 million by 2030. Consequently, the burgeoning demand for smart transportation is fueling the expansion of the transportation and security system market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14522&type=smp
Which Key Market Leaders Are Driving Transportation And Security System Industry Growth?
Major companies operating in the transportation and security system market are Bosch GmbH, Siemens AG, Raytheon Technologies Corporation, Lockheed Martin Corporation, Cisco Systems Inc., Honeywell International Inc., Broadcom Inc., ABB Ltd., BAE Systems plc, NEC Corporation, Safran SA, Thales Group, Alstom SA, L3Harris Technologies Inc., Leidos Holdings Inc., Assa Abloy AB, Hangzhou Hikvision Digital Technology Co. Ltd., ADT Inc., Fortinet Inc., Saab AB, Smiths Group plc, NortonLifeLock Inc., QinetiQ Group plc, Cubic Corporation, OSI Systems Inc., FLIR Systems Inc., Kapsch TrafficCom AG, Rapiscan Systems Inc., ORBCOMM Inc.
What Are the Emerging Trends in the Transportation And Security System Industry?
Leading businesses in transportation and security systems are bringing forth inventive products such as passenger screening systems to impede the infiltration of restricted items and threats into protected airport areas. These screening systems are specifically used for transportation security purposes. For instance, Vanderlande Industries BV, a Dutch provider of automated material handling systems and services, introduced the PAX MX2, a novel airport passenger checkpoint solution, in January 2023. The ingenuity of this system lies in its ability to match the productivity of two conventional lanes with fewer personnel and less equipment. This is accomplished by allowing passengers to deposit and reclaim their hand luggage from two parallel lines pre and post-security screening. The dual-lane feature of the PAX MX2 amplifies the efficacy of airport security checks, increasing overall efficiency. It also enhances the screening procedure pace while optimizing the use of checkpoint space and screening equipment.
What Are the Main Segments in the Transportation And Security System Market?
The transportation and security system market covered in this report is segmented -
1) By Component: Surveillance Systems, Access Control Systems, Perimeter Intrusion Detection Systems, Biometric Identification Systems, Command And Control Centers
2) By Modes: Roadways, Railways, Airways, Seaways
3) By Application: Critical Infrastructure Protection, Passenger Screening And Safety, Traffic Monitoring And Management, Freight And Cargo Security
Subsegments:
1) By Surveillance Systems: Video Surveillance Cameras (CCTV), Video Analytics, Video Management Software (VMS), Sensors And Detectors, Pan-Tilt-Zoom (PTZ) Cameras
2) By Access Control Systems: Card-Based Access Control, Biometric Access Control, Smart Card Access Control, Mobile-Based Access Control, Keypad And PIN Access Control
3) By Perimeter Intrusion Detection Systems: Fence Mounted Detection Systems, Ground-Based Detection Systems, Motion Detectors, Laser-Based Intrusion Detection, Radar And Acoustic Sensors
4) By Biometric Identification Systems: Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, Hand Geometry Recognition
5) By Command And Control Centers: Security Management Systems, Emergency Response Systems, Integrated Communication Systems, Data Analytics And Visualization Tools, Incident Management Systems
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/transportation-and-security-system-global-market-report
Which Geographic Area Leads the Transportation And Security System Market?
Asia-Pacific was the largest region in the transportation and security system market in 2024. The regions covered in the transportation and security system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Transportation And Security System Global Market Report?
- Market Size Analysis: Analyze the Transportation And Security System Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Transportation And Security System Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Transportation And Security System Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Transportation And Security System Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14522
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Transportation And Security System Market Trend for 2025-2034: Innovative Security Screening Solutions In The Transportation Industry here
News-ID: 3856286 • Views: …
More Releases from The Business Research Company
In-Depth Analysis of the Travel bags Market: Growth Opportunities, Key Trends, a …
What combination of drivers is leading to accelerated growth in the travel bags market?
The growth of the travel bags market is likely to be driven by the booming tourism sector. Tourism, the act of traveling to various destinations, either for leisure, entertainment or cultural exploration, is on an upward trend due to a variety of catalysts such as increased influence of social media and digital platforms, amplified mobility, a surge…
Transportation And Security System Market Poised for 9.3 % Growth, Set to Hit $5 …
What industry-specific factors are fueling the growth of the transportation and security system market?
The surge in demand for intelligent transit systems is predicted to drive the expansion of the transportation and security system market. Intelligent transit involves incorporating advanced technologies and management approaches into transport systems to improve efficiency, safety, and comfort. Transportation and security systems support intelligent transportation initiatives by supplying the required infrastructure, technologies, and services to create…
Key Trend Reshaping the Traffic Jam Assist Market in 2025: Innovative Digital Tr …
Which drivers are expected to have the greatest impact on the over the traffic jam assist market's growth?
The rise in smart city projects is anticipated to bolster the growth of the traffic jam assist market. By using information and communication technologies (ICT), smart cities amplify operational efficiency, provide public with information, and enhance government services as well as citizen welfare. The rise in these initiatives is attributed to improved infrastructure,…
The Impact Of Increasing Road Traffic Accidents On The Tow Truck Market Driver: …
What market dynamics are playing a key role in accelerating the growth of the tow truck market?
The escalating rate of road traffic accidents is projected to fuel the expansion of the tow truck market. Road traffic accidents, which involve vehicles and pedestrians and potentially inflict injury or damage, are primarily caused by distracted driving, speeding, and a rise in the number of vehicles on the road. Tow trucks play a…
More Releases for Security
Healthcare Cyber Security Market by Type (Service and Solution), Security (Appli …
Healthcare Cyber Security Market: 2023
The global Healthcare Cyber Security Market size was valued at USD 4,591 Million in 2016, and is projected to reach at USD 12,467 Million by 2023, with a CAGR of 15.6% from 2017 to 2023.
Covid-19 latest section covered in this report.
Get Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-1J168/Healthcare_Cyber_Security
Cyber security solutions and services enable healthcare organizations to protect their business-critical infrastructure and patient data, and meet regulatory compliance.
Increase…
Aerospace Cyber Security Market Analysis and Forecasts by Security Type (Network …
The aviation industry is one of the sophisticated industries across the globe and the industry is integrated with advanced technological solutions. This has created a major concern towards securing the enormous quantity of data being generated every day. With the advancements in the different technological fields, the cyber attackers are also finding newer process to gain desired insights. In the current market scenario, aerospace industry is also witnessing substantial upswing…
Security Assessment Market Report 2018: Segmentation by Security Type (Endpoint …
Global Security Assessment market research report provides company profile for Kaspersky (Russia), IBM (US), FireEye (US), Optiv Security (US), Qualys (US), Trustwave (US), Veracode (US), Check Point (Israel), Absolute Software (Canada), Rapid7 (US), CynergisTek (US) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth…
Security System Integrators Market | Worth 15.48 Billion USD By 2023 | By Securi …
New Market Research Reports Title "Security system integrators Market 2018" Has Been Added to Crystal Market Research Report database.
The Global Security System Integrators Market was worth USD 7.29 billion in the year 2014 and is expected to reach USD 15.48 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.72% during the forecast period. The security system integrators market is driven by factors, for example,…
The Mobile Security (mSecurity) Bible: 2014 - 2020 - Device Security, Infrastruc …
Mobile networks around the globe generate more than 86 Exabytes of traffic annually. The immense volume of traffic together with the growing adoption of open source Operating System (OS) platforms such as Android has opened up new security threats. Mobile malware, SMS spam, cyber attacks and unlawful eavesdropping are an ever-increasing problem for enterprises, consumers and mobile network operators around the globe.
This has in turn led to significant investments in…
Mobile Security (MSecurity) Market Analysis To 2020 - Device Security, Infrastru …
Mobile networks around the globe generate more than 86 Exabytes of traffic annually. The immense volume of traffic together with the growing adoption of open source Operating System (OS) platforms such as Android has opened up new security threats. Mobile malware, SMS spam, cyber attacks and unlawful eavesdropping are an ever-increasing problem for enterprises, consumers and mobile network operators around the globe.
This has in turn led to significant investments in…
