Airport Security Industry To Grow At High CAGR

Airport security industry size was USD 11.45 billion by 2030, at CAGR of 9% By 2020-2030

Market Overview:

Airport security industry size was USD 11.45 billion by 2030, at CAGR of 9% By 2020-2030

Access control, cybersecurity, perimeter security, scanning systems, and other measures make up airport security. These are the procedures that protect passengers from harmful actions like hijacking, violence, and bombing. Software for improved monitoring, detection, and risk prevention is part of these systems.

 

The primary factor fueling the expansion of this market is the growing demand for strict security to guarantee passenger safety against terrorist operations. Similar to how strict government regulations relating to airport security are fueling this market's expansion. The main obstacles to market expansion are, however, the high installation and maintenance costs of security solutions.


North America, Europe, Asia-Pacific, the Middle East Africa, and Latin America make up the regional segments of the airport security sector. The region with the highest projected growth rate is Asia-Pacific. The rising demand for air travel and the expansion of airports are credited with driving this region's growth.

 

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 industry 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

 

Full report @ https://www.marketresearchfuture.com/reports/airport-security-market-6298

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.

 

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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