Airport Security Market Disrupted by CT Walkways
High emphasis of the governments on security measures and technological advancements; rising trend of IoT technology; increasing passenger traffic; large-scale business developments, and vulnerability of airports to different threats are the factors driving the growth of the airport security market. Additionally, the aviation industry is highly prone to vivid menaces such as terrorism, smuggling, cybercrime, fraud, and vandalism, eventually increasing the demand for airport security, as per the findings of a business intelligence study by IndustryARC. As per the report, the global airport security market was estimated to be $8.15 billion in 2018 and is projected to grow at a compound annual growth rate (CAGR) of 9.30% during the forecast period 2019-2025.
The report is titled
Airport Security Market: By Technology Type (Access Control, Command Control,
Screening, Perimeter, Communication and Surveillance) and By Geography –
Forecast (2019-2025).” It explains in detail the prominent aspects of the
market including market drivers, market value chain, restraints, growth
indicators, market trends, challenges, future outlook, and market insights.
Airport Security Market: Leading Segments
North America dominated the global airport Security market in 2018, holding a market share of 46%. Connectivity, increase in people preferring air travel, rising investments in new airport constructions, growing number of terrorist attacks, penetration of smart technologies, implementation of high-degree security protocols and rapid globalization are the factors that helped North America accrue the maximum demand share in the airport security market.
Airport security is classified into different types, namely access control, command control, screening, perimeter, communication, and surveillance. Some of the electronic security products used in airports include explosive detection machines; millimeter wave scanners; metal detectors and explosive trace-detection portal machines; and X-ray machines. Surveillance systems can work in complex and cluttered environments such as fog and storms. They facilitate efficient and safe maneuvering of aircrafts, unmanned air vehicles, and unmanned ground vehicles operating within airport premises. These systems can function round the clock, sense multiple movements occurring at various ranges, and capture images in reduced visibility settings. The advent of 4K cameras and video units has revolutionized the surveillance systems. Resultantly, key market players have capitalized on this application segment, which is estimated to grow at a CAGR of 12.62% through 2025.
Airport Security Market Disruptive Trends
Certain number of innovative technologies are being developed in accordance with the increase in airport security protocols. Some of the latest disruptive trends are listed below:
Biometrics and Identity Verification:
The Transportation Security Administration (TSA) is progressing global aviation security standards every day. TSA is into testing and deploying biometrics and identity verification technology. This facilitates a passenger’s fingerprints to assist both as a boarding pass and ID. Facial recognition system is increasingly being adopted in airports. It provides an efficient and hassle-free boarding experience.
Computerized tomography, or CT scanners prove useful when scanning for prohibited liquids and perilous products in luggage moving into airport premises. Present conveyor belt security systems for carry-on luggage are being replaced by CT walkways that have advanced features. These play a vital role in airport security, with their ability to scan any uncertain items carried by passengers or in their luggage at a short span of time.
It is a method of sensing suspicious and abnormal behavioral responses from the passengers. It helps in ascertaining any potential security threats from passengers by interacting with them to appraise any variations in facial expressions, looks, posture, and gestures. In accordance to its non-intrusive and highly accurate results, it is one the most anticipated trend in the airport security market.
The Qylatron machine consists of multiple hexagonal boxes stacked on top of one another and looks like a bee hive. The machine uses a combination of chemical sensors, multi-view x-rays, and artificial intelligence. When the machine detects any banned and suspicious item, it locks the doors and makes the airport premises devoid of the baggage, thus making the airport security more stringent.
Airport Security Market: Competitive Landscape
Prominent companies that hold majority shares in the global airport security market are Autoclear LLC, American Science and Engineering, Inc, C.E.I.A. SpA, L3 Security & Detection Systems, OSI Systems, Inc, Robert Bosch LLC, FLIR Systems, Inc, Smiths Detection LLC, Westminster Aviation Security Services Ltd, and Siemens AG
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What can you expect from the report?
The airport security market is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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