Press release
Airport Passenger Screening Systems Market Dynamics, Comprehensive Analysis, Business Growth, Prospects and Opportunities 2016-2021
Market SynopsisThe Global Airport Passenger Screening Systems Market is expected to grow at a CAGR of around 4.5% during 2016-2021. Infrastructural development, increase in air traffic, strict regulation to counter security threats are the major factors contributing to the growth and development of the market.
Europe Middle East and Africa (EMEA) is the leading market with approx. 35% of the market share as of 2015. Asia Pacific will grow at the highest CAGR to reach XX million by 2021. Countries such as China, India, Philippines and Indonesia, are planning to invest over $100 billion in new airports over the next decade to accommodate burgeoning passenger traffic in the region, which would have positive impact on the market.
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Key Findings
• The EMEA market was valued at $XX million in 2014 and is expected to reach $XX million by 2019, growing at a CAGR of around 3%
• About 30% of global air traffic are from Asia Pacific and is estimated to reach 50% in the next 20 years, which would propel the passenger screening systems market
Key Players
Some of the key p-layers in the Airport Passenger Screening Systems Market are CEIA, L-3 Communications Security & Detection Systems, RapiScan Systems, Smiths Detection, American Science and Engineering, Analogic , AUTOCLEAR, Nuctech, and Optosecurity
Market Segmentation
As per the MRFR analysis, the North American Airport Passenger Screening Systems market is poised to reach $XX Billion in 2021, to grow at a CAGR of around 4.5% during the forecasted period. Whereas, EMEA and Asia Pacific will grow at a CAGR of around XX% and XX% respectively.
Study Objectives
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global Airport Passenger Screening Systems market
• To provide insights about factors affecting the market growth
• To Analyze the Airport Passenger Screening Systems market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by Services, by type and by region as well as its sub segments
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Airport Passenger Screening Systems market
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The market report for Airport Passenger Screening Systems of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
Market Research Future
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