Press release
Airport Passenger Screening Systems Market Expansion Continues, with Forecast Valuation of $3.55 Billion by 2029
Airport Passenger Screening Systems
Airport Passenger Screening Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for airport passenger screening systems has experienced robust growth in the past few years. The market is projected to expand from $2.31 billion in 2024 to $2.54 billion in 2025, demonstrating a Compound Annual Growth Rate (CAGR) of 9.8%. This substantial growth during the historical period can be connected to factors such as the expansion of global trade, economic development, a surge in e-commerce, optimization of supply chains, and fluctuation in fuel prices.
Airport Passenger Screening Systems Market Size Forecast: What's the Projected Valuation by 2029?
The market size of airport passenger screening systems is projected to witness robust expansion in the forthcoming years, escalating to a value of $3.55 billion by 2029 due to a compound annual growth rate (CAGR) of 8.7%. Factors such as sustainability endeavors, modifications in trade policies and geopolitical scenarios, recovery from the pandemic, regulatory alterations, and capacity issues are predicted to drive growth in the forecast period. Fundamental trends throughout this predicted period encompass technology integration and enhancements, investments into infrastructure, as well as sustainability and eco-friendly initiatives.
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What Are the Drivers Transforming the Airport Passenger Screening Systems Market?
The airport passenger screening systems market is expected to be driven by the growing number of passengers. Passengers are defined as individuals travelling by plane from one place to another who are not operating or serving on the flight. These screening systems at airports offer numerous advantages for passengers, including the assurance of their safety and the broad safety of air travel. The International Air Transport Association, a trade association for the world's airlines based in Canada, reported in March 2022 that the total number of airline passengers rose to 47% in 2021, and then further increased to 94% in 2023. Moreover, in 2022, the total number of air passengers in North America was 94% and it escalated to 102% in 2023. Hence, the surge in the number of passengers is fueling growth in the airport passenger screening systems market.
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What Long-Term Trends Will Define the Future of the Airport Passenger Screening Systems Market?
Leading businesses present in the airport passenger screening systems market are launching innovative products like OPENGATE with the intent to offer an unparalleled screening process for individuals and generate higher profits. CEIA USA Ltd., a prominent provider of security screening devices in the United States, unveiled a new generation weapons detection system called OPENGATE in July 2023. This advanced system facilitates rapid, automatic, and exceptional screening of people carrying belongings like purses, backpacks, and suitcases to identify potential mass shooting weapons. It is lightweight and portable, weighing no more than 25 pounds, and can be set up in less than a minute via an easy turn-on-and-go procedure. This simplistically designed system also avoids any potential trip hazard as there are no wires or obstacles between the two pillars. Moreover, there is also no need to install or assemble any mechanical or electrical equipment, including in the walkthrough area.
Which Segments in the Airport Passenger Screening Systems Market Offer the Most Profit Potential?
The airport passenger screening systemsmarket covered in this report is segmented -
1) By Type: Metal Detectors, Advanced Imaging Technologies, Full-Body Scanners, Explosive Trace Detectors, Magnetostatic Detectors
2) By Product: Passenger Screening, Carry-On Baggage Screening
3) By Airport Type: International Airport, Domestic Airport
4) By End-Use: Commercial Airports, Military Airports
Subsegments:
1) By Metal Detectors: Walk-Through Metal Detectors, Hand-Held Metal Detectors
2) By Advanced Imaging Technologies: Millimeter Wave Imaging, Backscatter X-ray Imaging, Full-Body Scanners
3) By X-ray Full-Body Scanners: X-ray Full-Body Scanners, Non-X-Ray Full-Body Scanners
4) By Explosive Trace Detectors: Ion Mobility Spectrometry (IMS), Mass Spectrometry, Other Explosive Trace Detectors
5) By Magnetostatic Detectors: Fixed Magnetostatic Detectors, Portable Magnetostatic Detectors
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Which Firms Dominate the Airport Passenger Screening Systems Market by Market Share and Revenue in 2025?
Major companies operating in the airport passenger screening systems market report are L3Harris Technologies Inc., Leidos Holdings Inc., Agilent Technologies Inc., Daifuku Co. Ltd., Smiths Group PLC, Vanderlande Industries BV, Rohde & Schwarz GmbH & Co KG, Unisys Corporation, BEUMER Group GmbH & Co. KG, OSI Systems Incorporated, FLIR Systems Inc., Spellman High Voltage Electronics Corporation, Nuctech Company Limited, Rapiscan Systems Limited, Analogic Corporation, Garrett Electronics Incorporated, Implant Sciences Corporation, Minelab Electronics Pty Limited, Autoclear LLC, Kromek Group PLC, Westminster Group PLC, Tek84 Engineering Group LLC, C.E.I.A. S.p.A., Gilardoni S.p.A., Braun & Co. Ltd., Brijot Imaging Systems Incorporated, Laurus Systems Inc., Point Security Inc., Adani Systems Inc., Cobalt Light Systems
Which Regions Offer the Highest Growth Potential in the Airport Passenger Screening Systems Market?
North America was the largest region in the airport passenger screening systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport passenger screening systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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