Gmi Research's blog : Airport Security Market Size, Share, Growth | Forecast Report 2020-2027

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Airport Security Market

The Airport Security is anticipated to grow at a remarkable CAGR during the forecast period (2020-2027).

The factors driving the growth of Airport Security Market includes growing air passenger travel, increasing cyber-attacks along with rising number of new airports along with continuous upgradation of existing airports. The Government of India is planning to increase the number of airports from 141 to 200 by 2025-26 and the expects the daily footfall of passengers to rise by 400 million in 2025-26, which will boost the Airport Security Market size in India. Moreover, the rising criminal attacks, increasing incidences of drug trafficking through airports network and growing terrorism activities and growing demand for customization in airport’s security, have boosted the market growth across the world. According to the report published by United Nations Office on Drug and Crime, cocaine was consumed by 16 to 17 million people worldwide in 2007 and 2008, Airports were often used as the transit points for their trafficking.

The prominent players operating in the market are FLIR Systems Inc., Leidos, Westminster Aviation Security Services, Autoclear LLC, C.E.I.A SpA, American Science & Engineering Inc., OSI Systems Inc., Robert Bosch LLC, Smiths Detection Group Ltd., and Siemens AG among others.

Security Type: Segment Analysis

Based on the security type, the Surveillance segment is anticipated to lead the global airport security market over the forecast period due to rising incidences of terrorism activities and smuggling along with its ability to provide effective and safe journey to passengers.

Systems: Segment Analysis

Based on the Systems and Equipment the Metal Detector segment is projected to capture the largest market share over the forecast period due to its capability to detect unregulated items such as explosives and weed.

Regional: Segment Analysis

Based on the region, Asia-Pacific region is expected to capture the largest market share over the forecast period due to increasing air traffic in Countries such as India, Indonesia, and Australia, as per the data available at BITRE, the total passenger’s footfall in Australia has increased from 2,348, 454 in 2020 to 3,031,107 in 2021.

Based on the region, Europe is expected to grow at a higher CAGR during the forecast period, owing to the increasing entry & exit checks on the passengers from the countries outside the Schengen zone to protect travelers at the airport.

Market Segmentation

Global Airport Security Market by Security Type

·         Access Control

·         Cyber Security

·         Perimeter Security

·         Screening

·         Surveillance

·         Others

Global Airport Security Market by Systems & Equipment

·         Metal Detectors

·         Fiber Optic Perimeter Intrusion detection systems

·         Backscatter X-ray Systems

·         Explosives and Narcotics Trace detector

·         Cabin Baggage Screening Systems

·         Others

Global Airport Security Market by Airport Model

·         Airport 2.0

·         Airport 3.0

·         Airport 4.0

Global Airport Security Market by Airport Class

·         Class A

·         Class B

·         Class C

Global Airport Security Market by Region

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         North America

o   United States of America

o   Canada

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

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On: 2022-06-17 12:52:29.826 http://jobhop.co.uk/blog/17049/airport-security-market-size-share-growth--forecast-report-2020-2027

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