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Airport Security Industry Revenue Forecast and Key Players 2030
Market Overview:
Airport security industry size was USD 11.45 billion by 2030, at CAGR of 9% By 2020-2030
Airport security consists of access control, cybersecurity, perimeter security, scanning systems, and others. These are the systems used to safeguard passengers from malevolent activities, such as hijacking, bombing, and violence. These systems comprise software for better monitoring, detection, and risk prevention.
The increasing need for stringent security to ensure passenger safety against terrorist activities is primarily driving the growth of this market. Similarly, stringent government regulations related to airport security are also contributing to the growth of this market. However, high installation and maintenance costs of the security solutions are the major challenges for the market growth.
Airport security market has been segmented by region into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. Asia-Pacific is expected to grow at the highest rate during the forecast period. The growth of this region is attributed to the increasing demand for air travel and an increasing number of airports.
Key Players:
The key players in the airport security industry are American Science and Engineering, Inc. (U.S.), Autoclear LLC (U.S.), C.E.I.A. SpA (U.S.), FLIR Systems, Inc. (U.S.), L3 Security & Detection Systems (U.S.), OSI Systems, Inc. (U.S.), Robert Bosch LLC (U.S.), Siemens AG (Germany), Smiths Detection LLC (U.S.), and Westminster Aviation Security Services Ltd. (U.K).
Market Analysis:
The study segments the global Airport security market insight by type, systems & equipment, technology, and region.
Type Insight
Access Control, Cybersecurity, Perimeter Security, Screening, Surveillance, Others
Systems & Equipment Insight
Metal Detectors, Fiber Optic Perimeter Intrusion Detection Systems, Backscatter X-Ray Systems, Explosives and Narcotics Trace Detector, Cabin Baggage Screening Systems, Others
Technology Insight
Radio-frequency identification (RFID), Biometrics,3D Scanning, Others
Region Insight
North America, Europe, Asia-Pacific, Middle East & Africa, Latin America
Regional Analysis:
Airport security industry has been segmented by region into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. Asia-Pacific is expected to grow at the highest rate during the forecast period. The growth of this region is attributed to the increasing demand for air travel and an increasing number of airports.
Related reports:
Smart Airport Market Research Report: Information by Technology (Security Systems, Communication Systems, Cargo Baggage Handling Control, Air/Ground Traffic Control, Passenger, Endpoint Devices, and Other), Application (Aeronautical Operations and Non-aeronautical Operations), Terminal Type (Baggage Handling, Check-in Systems, Building Operations, and Sustainable Energy Management), Airside (ATM, Resource Management, Aircraft Parking, Aircraft Maintenance, and Others), Landside (Vehicular Parking, Security, and Intelligent advertising)-2027
Airport IoT Market Research Report: Information by Airport Type (Commercial Airport, Cargo Airport, and General Airport), Application (Passenger Handling, Operations, and Security), Technology (Sensing Layer Technology, Network Layer Technology, and Application Layer Technology), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America) - Global Forecast till 2027
About Market Research Future:
Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions
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