Key Trends Influencing the Growth of the Passenger Security Equipment Market in 2025: Advancements In Passenger Security With Smart Airport Solutions For Enhanced Intrusion Detection And Efficiency

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What Is the Expected CAGR for the Passenger Security Equipment Market Through 2025?
The market for passenger security equipment has seen a robust expansion in recent years. The figures are projected to go up from $71.66 billion in 2024 to $77.87 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 8.7%. The upward trend in the previous years could be due to a surge in terror attacks targeting public transport infrastructure, an increasing number of people using public and aviation transport, escalating security threats and global terrorist activities, a boost in worldwide passenger traffic as well as a rise in international travel and tourism activities.

What's the Projected Size of the Global Passenger Security Equipment Market by 2029?
Expect strong expansion in the passenger security equipment market in the upcoming years, with projections estimating its value at $102.68 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.2%. The surge in growth over this forecasted period can be linked to the rising implementation of biometric solutions at airports, enhanced identity verification and digital transformation integration, strict government rules and global security standards, creation of new ports and stations, and heightened warnings about terrorist threats and attacks. The forecast period also sees trends such as concerns over biometric data security, technological progress in surveillance and screening systems, advancements in high-end security equipment, and the adoption of blockchain technology.

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Top Growth Drivers in the Passenger Security Equipment Industry: What's Accelerating the Market?
The upsurge in smuggling and unlawful immigration activities is predicted to boost the expansion of the passenger security equipment market. The terms smuggling and illegal immigration signify the illicit transfer of goods or persons across national boundaries, usually infringing immigration or customs rules. Socioeconomic variations among nations or regions might impel people to pursue superior prospects through prohibited methods, like emigrating to wealthier countries seeking employment or improved living standards. Passenger security equipment plays a pivotal role in maintaining border safety and enforcing immigration laws, aiding authorities in identifying and dissuading smuggling and illegal immigration, while preserving national boundaries and assuring public security. For instance, data released by the Information Fusion Centre, based in India and focused on collecting, analyzing, and sharing maritime-related data, revealed in August 2022 that the total recorded smuggling incidents increased to 353 in 2022, demonstrating a 48% rise from 238 in 2021. Furthermore, illegal exodus activities heightened to 137 incidences in 2022, marking a substantial increase of 179% from 49 incidents noted in 2021. Consequently, the escalating incidents of illegal immigration are fuelling the expansion of the passenger security equipment market.

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What Trends Will Shape the Passenger Security Equipment Market Through 2029 and Beyond?
Major firms in the passenger security equipment industry are prioritizing perimeter security measures that boost the detection of intrusions, minimize false alerts, and maximize infrastructure efficiency for smart airports. These security solutions encompass pioneering developments in fiber optic sensing and wireless technology, aiming to facilitate uninterrupted, dependable security in a variety of environmental situations. For instance, Huawei, an ICT infrastructure and smart devices corporation based in China, launched the Smart Airport Perimeter Security with Fiber Sensing solution in November 2023. Engineered for 24/7 usage, the system boasts long-range monitoring features that ensure continuous oversight irrespective of the weather. This attribute significantly ups the safety quotient of airport management and fosters a safe space for both employees and travelers. The system harnesses distributed fiber optic sensing to sense vibrational changes brought about by environmental elements like wind and rain, empowering it to disregard false alerts and ensure only legitimate intrusion incidents elicit warnings.

What Are the Main Segments in the Passenger Security Equipment Market?
The passenger security equipment market covered in this report is segmented -

1) By Type: Baggage Inspection System, Video Surveillance, Intrusion Detection And Prevention, People Screening System, Biometric Solutions, Other Types
2) By Investment: New Demand, Up-Gradation
3) By End User: Airport, Railway Station, Seaports, Bus Station, Other End Users

Subsegments:
1) By Baggage Inspection System: X-ray Baggage Scanners, Explosive Detection Systems (EDS), Explosive Trace Detectors (ETD), Liquid Scanners
2) By Video Surveillance: CCTV Cameras, IP Cameras, Thermal Cameras, Video Management Systems (VMS)
3) By Intrusion Detection and Prevention: Perimeter Intrusion Detection Systems, Motion Detectors, Infrared and Microwave Detectors, Alarm Systems
4) By People Screening System: Walk-Through Metal Detectors (WTMD), Full-Body Scanners (Millimeter Wave, Backscatter), Handheld Metal Detectors
5) By Biometric Solutions: Facial Recognition, Fingerprint Scanners, Iris Scanners, Palm Vein Recognition
6) By Other Types: Access Control Systems, Chemical Detection Systems, Under Vehicle Surveillance Systems (UVSS)

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Which Top Companies are Driving Growth in the Passenger Security Equipment Market?
Major companies operating in the passenger security equipment market are Siemens AG, Raytheon Technologies Corporation, Lockheed Martin Corporation, Intel Corporation, Honeywell International Inc., WESCO International, Safran Group, Collins Aerospace, Texas Instruments Incorporated, L3Harris Technologies, Leidos Holdings Inc., Motorola Solutions, Adani Group, Microchip Technology Inc., Xilinx Inc., Smiths Detection Group Ltd., FLIR Systems Inc., SITA (Société Internationale de Télécommunications Aéronautiques), OSI Systems Inc., Axis Communications AB, Kapsch TrafficCom AG, Rapiscan Systems Inc., Bosch Building Technologies, The Infinova Group, Mantra Softech (India) Pvt. Ltd., Genetec Inc., Autoclear LLC, ORBCOMM Inc., Advanced Perimeter Systems Ltd., Cypress Semiconductor Corporation, Nuctech Company Limited

Which Regions Will Dominate the Passenger Security Equipment Market Through 2029?
North America was the largest region in the passenger security equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the passenger security equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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