Airport Security market is estimated to register a CAGR of 6% during the forecast period


Posted October 26, 2020 by nita01

Airport Security Market Is Estimated To Register A CAGR Of More Than 6% During The Forecast Period From 2018 To 2023.
 
Airport Security Market Is Estimated To Register A CAGR Of More Than 6% During The Forecast Period From 2018 To 2023.
Market Highlights
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 market 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).
Scope of the Report
This study provides an overview of the global airport security market, tracking three market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The study segments the global airport security market by type, systems & equipment, technology, and region.
Type
Access Control
Cybersecurity
Perimeter Security
Screening
Surveillance
Others
Systems & Equipment
Metal Detectors
Fiber Optic Perimeter Intrusion Detection Systems
Backscatter X-Ray Systems
Explosives and Narcotics Trace Detector
Cabin Baggage Screening Systems
Others
Technology
Radio-frequency identification (RFID)
Biometrics
3D Scanning
Others
By Region

North America
Europe
Asia-Pacific
Middle East & Africa
Latin America
Access Report @ https://www.marketresearchfuture.com/reports/airport-security-market-6298
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Categories Aerospace
Tags Airport Security Market
Last Updated October 26, 2020