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Global Airport Security Market: Recommendations to Deal with Industy Restraints 2020-2024

Airport security market is gaining tremendous traction of late. Of late, the aviation industry has been highly prone to threats relating to terrorism, smuggling activities, and other crimes, a factor that has highly driven the demand for strict security measures in this space. In response to this fact, the airport security technologies that offer enhanced security to the existing surveillance systems and better situational awareness are witnessing increasing adoption in the aviation industry.

Furthermore, with the digital and connected solutions transforming the security landscape, companies are launching enhanced security systems to provide advanced surveillance and safety to the airports. Demonstrating a recent instance, Bosch, a leading supplier of security systems launched a Video Management System 7.5 software which has now allowed the security operators to have much faster access to video footage along with seamless management of space.

Such product advancement trends are considered one among many factors that is underscoring the extensive developments prevalent in airport security market, which as per analysts generated revenue close to USD 9 billion in 2016.

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As per the recent research study, increase in the number of travelers and rising globalization trends have been the most pronounced factors contributing to rising growth of airport security market. Development of new airports, owing to rising airline passenger, traffic has resulted in a tremendous demand for airport security systems.

As per the estimates provided by the Centre of Aviation, currently more than 2,500 aviation projects are under operation, with Asia pacific solely spending USD 125 billion on airport construction. Developing economies in the region including India and China are experiencing rapid industrialization trends which have led to a massive increase in passenger traffic.

The fad, in turn, has significantly led to rise in the demand for biometrics, full body x-ray scanners and other security technologies & processes at the airports which has fueled the airport security market.

Top Key Player in Airport security market Are:

  • American Science and Engineering Inc
  • Auto Clear LLC
  • Axis Communications
  • BOSCH Security Systems
  • CEIA
  • Fisher Research Laboratory
  • FLIR Systems
  • G4S PLC
  • Hitachi Ltd
  • IBM Corporation
  • L-3Communications Security & Detection Systems
  • Lockheed Martin Corporation
  • MilliVision Technologies
  • OSI Systems Inc.
  • RedXDefense LLC
  • Safran Identity and Security SAS
  • Scanna MSC Ltd
  • Siemens AG
  • Smiths Detection LLC
  • Thales Group
  • Westminster Group PLC

Speaking of the advanced technologies and product developments pertaining to airport security market landscape, Smiths Detection, a leading airport security industry giant has recently launched the HI-SCAN 6040 CTiX checkpoint scanner.

Reportedly, this scanner was developed to deliver higher levels of security, optimize checkpoint performance, and improve the operational efficiency. The new HI-SCAN 6040 CTiX is being incorporated at several airports across Europe.

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List of Charts & Figures from Airport Security Market Report:

FIG. 1    Industry segmentation

FIG. 2    Global airport security market, 2013 – 2024 (USD Million)

FIG. 3    Industry ecosystem analysis

FIG. 4    Growth potential analysis

FIG. 5    Porter’s analysis

FIG. 6    Competitive landscape

FIG. 7    PESTEL analysis

FIG. 8    Airport security market share, by technology, 2016 & 2024

FIG. 9    Airport security market share by region, 2016 & 2024

FIG. 10    SWOT Analysis, American Science and Engineering, Inc.

FIG. 11    SWOT Analysis, Auto Clear LLC

FIG. 12    SWOT Analysis, Axis Communications

FIG. 13    SWOT Analysis, BOSCH Security Systems

FIG. 14    SWOT Analysis, CEIA

FIG. 15    SWOT Analysis, Fisher Research Laboratory

FIG. 16    SWOT Analysis, FLIR Systems

FIG. 17    SWOT Analysis, G4S PLC

FIG. 18    SWOT Analysis, Hitachi, Ltd

FIG. 19    SWOT Analysis, IBM Corporation

FIG. 20    SWOT Analysis, L-3 Communications Security & Detection Systems

FIG. 21    SWOT Analysis, Lockheed Martin Corporation

FIG. 22    SWOT Analysis, MilliVision Technologies

FIG. 23    SWOT Analysis, OSI Systems, Inc.

FIG. 24    SWOT Analysis, RedXDefense LLC

FIG. 25    SWOT Analysis, Safran Morpho

FIG. 26    SWOT Analysis, Scanna MSC Ltd.

FIG. 27    SWOT Analysis, Siemens AG

FIG. 28    SWOT Analysis, Smiths Detection LLC

FIG. 29    SWOT Analysis, Thales Group

FIG. 30    SWOT Analysis, Westminster Group PLC

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