Airport and Marine Port Security Market: Analysis and Forecast by 2016-2024

Zion Market Research has published a new market research report analysing the latest trends and developments in the global Airport and Marine Port Security Market, titled “Airport and Marine Port Security Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024”.

Global Airport and Marine Port Security Market: Overview

Airways and seaways are the most frequently preferred modes of transportation across the world. Hence, government and other regulatory authorities take care of port security, which has become extremely vital these days. Different security technologies and services are required by port infrastructure that can cater to different security needs. Airport and marine ports bring large revenue to the global economy via passenger traveling and exchange of goods. Airports and marine ports have become an essential point of transit for the smooth operation of the global business; hence, security is the crucial aspect for sustaining in the business.

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Global Airport and Marine Port Security Market: Growth Factors

Growth in the airport and marine port security market is due to increase concerns regarding security parameters globally. In addition, airport and marine port security play an important role to restrict the percentage of terror threats through ports, driving the global market growth. Governments across many countries realize the significance of proficient security measures at ports, which has led to several government initiatives to strengthen port security. This is anticipated to propel the growth in the global airport and marine port security market. However, specific nation regulations on the port security may lead to inconsistency among the regulatory authorities, which may hamper the global market growth.

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Global Airport and Marine Port Security Market: Segmentation

The global airport and marine port security market it divided based on solutions as access control, network and cyber security, video surveillance and analytics, fire protection, asset and visitor management, screening and scanning, asset and visitor management, and perimeter intrusion detection. The access control segment is further sub-segmented as automatic vehicle identification (AVI), biometrics, and identity management. The screening and scanning segment is sub-classified as baggage screening, and cargo screening. Moreover, based on services, the global airport, and marine port security market is fragmented as maintenance and support, integration, consultation, and designing, and managed services. Furthermore, the global market is classified on the basis of types as a marine port and airport.

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Global Airport and Marine Port Security Market: Regional Analysis

North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa give the geographical representation of the global airport and marine port security market. North America contributed the highest revenue share, as it has implemented strict regulations against increasing terror threat from early days. Asia Pacific comprises the highest market owing to some new ports that have been developed in this region, which have security requirements. This may foster the global airport and marine port security market growth in this region.

Global Airport and Marine Port Security Market: Competitive Players

Key players dominating the global airport and marine port security market are Siemens, HCL Infosystems, Raytheon, Saab AB, Honeywell International, and FLIR Systems.

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