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Airport Security Market Analysis

  • Report ID: GMI367
  • Published Date: Jan 2022
  • Report Format: PDF

Airport Security Market Analysis

The U.S. airport security market is expected to witness 7% growth rate through 2028 led by the rising importance of reducing the entry & exit processing time at airport security checkpoints. To develop the overall traveler experience, airport authorities are deploying smart technologies such as biometrics & digital panels. The deployment of such solutions post COVID-19 lockdown increased in several regions, as the airport management is focusing on implementing contactless access control systems to reduce any direct human touch. Government agencies are also supporting the technology implementation across the countries.
 

Europe Airport Security Market

Europe airport security market is estimated to attain a CAGR of 9% till 2028 owing to the growing investments in infrastructural modernization. To reduce the overall hassle during the checking & screening process, administrations are deploying high-end technologies such as automated lanes, x-rays, and integrated networks. They are focusing on improving security parameters and the efficiency of the facility to cater many passengers simultaneously.  Market leaders are partnering with airports to strengthen their position in the industry.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size of airport security was around USD 15 billion in 2021 and is expected to expand at a CAGR of 8% between 2022 and 2028 owing to the rising implementation of practices in accordance with strict government regulations and guidelines.

The U.S. market is anticipated to record a growth rate of 7% up to 2028 driven by the surging importance of reducing the entry & exit processing time at security checkpoints.

Europe market value is slated to exhibit a CAGR of 9% by 2028 considering the escalating investments in infrastructural modernization.

Key players across the industry comprise Leidos, Inc., Axis Communications AB, Honeywell International, Inc., IBM Corporation, Siemens AG, Auto Clear LLC, Westminster Group PLC, Smiths Detection Group Ltd., Biosensor Applications AB, FLIR Systems, and others.

Airport Security Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 22
  • Tables & Figures: 163
  • Countries covered: 22
  • Pages: 250
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