Global Passenger Security Markets Report, 2017-2018 & 2019-2024
DUBLIN, June 20, 2019 /PRNewswire/ -- The "Passenger Security Market by Security Solution (Baggage Inspection Systems, Explosive Trace Detector, Hand Held Scanner, Full Body Scanner, Access Control), End User (Airport, Seaport, Railway), Investment Type, and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The Passenger Security Market Size is Projected to Grow from USD 4.8 Billion in 2019 to USD 6.8 Billion by 2024, at a CAGR of 7.2% During the Forecast Period.
The increasing need for passenger security systems to cater to the rise in global passenger traffic is driving the market
The market is driven by various factors, such as the increasing number of passengers, replacement of outdated security screening equipment, and development of new airports. Based on security solutions, the cybersecurity solutions market is estimated to account for the largest share of the passenger security market in 2019.
Based on security solutions, the cybersecurity solutions market is estimated to account for the largest share of the passenger security market in 2019 due to the rise in cyber threats and attempts to hack into airport and aircraft operations. The European Aviation Safety Agency (EASA) estimates that an average of 1,000 attacks occurs per month on aviation systems. The increasing use of data analytics, Artificial Intelligence, and video management software for security operations requires these systems to be hack-proof, which is also driving the cybersecurity solutions market.
Based on end user, the commercial airport segment estimated to account for a major market share in 2019 Commercial airports account for the largest share in the market due to the number of systems installed at each airport in 2019. To cope with the rising number of passengers, airport terminals need to be expanded, requiring investment in increasing the security lanes. The replacement of outdated equipment with new technology helps screen passengers faster and with greater reliability, increasng the efficiency of the security process.
Asia Pacific is estimated to account for the largest share of the passenger security market in 2019 Increasing passenger movement in Asia Pacific due to the rising demand for air travel is a major factor contributing to the growth of the passenger security market in this region. Countries such as China and India are investing heavily in airport infrastructure. For example, according to Business Television India, China is expected to build 74 new airports by 2020.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Attractive Growth Opportunities in Passenger Security Market 4.2 Passenger Security Market for Baggage Inspection Systems, By Type 4.3 Airport Passenger Security Market, By Hub 4.4 Passenger Security Market, By Region
5 Market Overview 5.1 Respondent Profiling 5.2 Respondent Profiling - Demand Side 5.3 Market Overview: Snapshot
6 Industry Trends 6.1 Introduction 6.2 Technology Trends 6.3 Innovations & Patent Registrations
7 By Security Solution 7.1 Baggage Inspection Systems 7.1.1 Computed Tomography 7.1.2 X-Ray Scanners 7.2 Explosive Trace Detectors 7.3 Hand-Held Scanners 7.4 Walk-Through Metal Detectors 7.5 Full-Body Scanners 7.6 Perimeter Intrusion Detection Systems 7.7 Video Management Systems 7.8 Access Control/Biometric Systems 7.9 Bar-Coded Boarding Systems 7.10 Cybersecurity Solutions
8 By End User 8.1 Commercial Airports 8.1.1 Large Hub (Above 9.5 Million) 8.1.2 Medium Hub (2.5-9.5 Million) 8.1.3 Small Hub (Less Than 2.5 Million)) 8.2 Seaport 8.3 Railway Stations
9 By Investment Type 9.1 Introduction 9.2 New Demand 9.3 Replacement
10 Regional Analysis 10.1 Introduction 10.2 North America 10.2.1 US 10.2.1 Canada 10.3 Europe 10.3.1 Russia 10.3.2 Germany 10.3 Europe 10.3.1 Russia 10.3.2 Germany 10.3.3 UK 10.3.4 Italy 10.3.5 France 10.3.6 Spain 10.4 Asia Pacific 10.4.1 China 10.4.2 Japan 10.4.3 India 10.4.4 South Korea 10.4.5 Philippines 10.4.6 Australia 10.5 Middle East & Africa 10.5.1 UAE 10.5.2 Saudi Arabia 10.5.3 Turkey 10.5.4 South Africa 10.6 South America 10.6.5 Brazil 10.6.6 Mexico
11 Competitive Landscape 11.1 Introduction 11.2 Major Players, 2018 11.3 Competitive Scenario 11.4 Competitive Leadership Mapping 11.5 Competitive Scenario
12 Company Profiles 12.1 Adani Systems Inc. 12.2 Advanced Perimeter Systems Ltd. 12.3 Autoclear, LLC. 12.4 Axis Communications AB. 12.5 Bosch Sicherheitssysteme GmbH 12.6 C.E.I.A. SPA 12.7 Flir Systems, Inc. 12.8 Honeywell International Inc. 12.9 L3 Security & Detection Systems 12.10 Navtech Radar 12.11 Rapiscan Systems 12.12 Sensurity Ltd. 12.13 Siemens 12.14 SITA 12.15 Smiths Detection Group Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/93zccg
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