The global Airport Security Market size is projected to touch USD 12.70 billion by 2022, according to a new report by Million Insights, Growing focus on the security of airports amid a rising number of terrorism threats is driving the market growth. Recently, authorities have shifted their focus towards prevention of any security lapse from potential threat identification. The demand for efficient and quicker screening equipment is gaining traction over the past few years.
Key Players:
Bosch
Lockheed Martin
Safran Morpho
Smiths Detection
OSI Systems Inc.
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Market Synopsis of Airport Security Market:
Rapid construction of new airports across the world and focus on streamlining the security screening to reduce the passenger waiting time are attributing to the growth of the market. However, lack of budget owing to the economic slowdown and already advanced airports infrastructure are adversely affecting the market growth. Currently installed advanced security equipment discourage airport operators from investing for new technology, thereby, restraining market growth.
Various regulatory guidelines imposed by local and global bodies are driving airport authorities to procure the latest security technologies. Global bodies such as the European Civil Aviation Conference (ECAC) and TSA are mandating operators to include advanced technologies for security. Airports are prone to terrorist attacks and illegal transportation to prohibited materials. Advanced airport security screening equipment help in ensuring proper security.
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Airport Security: Market Variables, Trends & Scope
Chapter 4 Airport Security: Product Estimates & Trend Analysis
Chapter 5 Airport Security: Application Estimates & Trend Analysis
Chapter 6 Airport Security: End-use Estimates & Trend Analysis
Chapter 7 Airport Security: Industrial End-use Estimates & Trend Analysis
Chapter 8 Airport Security: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Airport Security: Manufacturers Company Profiles
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