Top 10 Global Airport Security Trends 2024: Insights from Spherical
According to a research report by Spherical Insights & Consulting, the global airport security market is projected to grow from USD 16 billion in 2021 to USD 26 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 8.1% during the forecast period. These security systems, which include both hardware and software, are designed to monitor, identify, and prevent threats at commercial airports. The rise in air travel and the growing number of passengers have heightened the need for robust and effective security measures. In response to the threat of terrorism and criminal activities, many countries have strengthened their security protocols.
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Airport security systems are specialized equipment designed to protect airports from threats such as smugglers, terrorists, and thieves. These systems are crucial for ensuring safety and are subject to strict regulations from various national governments and aviation organizations. In response to multiple aircraft hijacking incidents in recent decades, airport authorities have had to revise their security protocols to enhance flight safety while minimizing passenger inconvenience.
One major challenge in airport security is finding ways to strengthen measures without causing excessive delays for passengers. As a result, suppliers of airport security systems have been focused on developing user-friendly solutions that improve both airport and passenger security. The market has increasingly shifted towards this segment due to rising air travel demand and a surge in cybersecurity threats at airports. Over the forecast period, the growing number of passengers in the commercial aviation industry is expected to drive the demand for advanced airport security systems. Additionally, the International Air Transport Association projects that India and China will contribute an extra 44% to global air passenger traffic in the next decade.
Browse key industry insights spread across 220 pages with 120?market data tables and figures & charts from the report “ Global Airport Security Market Size, Share, and COVID-19 Impact Analysis, By Security Type (Access Control, Cybersecurity, Perimeter Security, Screening, Surveillance, Others), By System (Metal Detectors, Fiber Optic Perimeter Intrusion, Backscatter X-Ray Systems, Cabin Baggage Screening Systems, Others), By Airport Class (Class A, Class B, Class c), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) Analysis and Forecast 2021 – 2030 “
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The cybersecurity segment is expected to experience the fastest growth in the global airport security system market.
This rapid expansion is driven by the increasing demand for cybersecurity services and the need to protect critical aviation data.
In terms of system types, the backscatter X-ray systems segment is anticipated to grow the most quickly. This growth is fueled by heightened concerns about the safety of travelers and their belongings, making backscatter X-ray systems a priority for airport security.
When considering airport classes, the Class C segment is projected to see the fastest market growth.
This trend is attributed to the rising demand for customized security solutions and the deployment of advanced technology in airports globally.
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Europe is dominating the market with the highest CAGR of more than 9.5%.
Due to?the significant investments made in infrastructure modernisation, Europe has the biggest market share and is the industry leader in airport security with a CAGR of over 9.5%. Airport officials have started using cutting-edge technologies including x-rays, automated lanes, and integrated networks that aim to increase security parameters and the facility's efficiency in managing multiple passengers at once to eliminate problems in the checking and screening process.
Regional Segment Analysis of the Airport Security Market
Automatic and advanced airport security systems significantly streamline the boarding process at airports, but they come with substantial costs for development, design, and implementation. These systems require a combination of various subsystems and electronic components to deliver real-time data to airport authorities. The development, maintenance, and deployment of such systems involve considerable expenses. Due to these high costs, many airport authorities opt to outsource to third-party service providers. However, both the time and cost associated with these systems can potentially hinder the overall growth of the market.
Competitive Analysis:
Airport security systems are essential tools used for screening and protecting airports from threats such as smugglers, terrorists, and thieves. These systems are critical for safeguarding airport facilities and must adhere to strict guidelines established by national governments and aviation organizations. In response to several high-profile aircraft hijackings in recent decades, airport authorities have had to redesign security protocols to enhance flight safety. One of the major challenges in airport security is finding ways to strengthen measures while minimizing passenger inconvenience.The major players covered in the Axis Communication AB, Hitachi Limited, FLIR Systems, Raytheon Technologies, Honeywell International Inc., Siemens AG, Thales Group, Smiths Detection Inc.
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Airport Security Market, By Security Type
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Airport Security Market, By System
Airport Security Market, By Airport Class
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Airport Security Market, Regional Analysis
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About the Spherical Insights?& Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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