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.
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
- 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.
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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