IMARC Group, a leading market research company, has recently released a report titled “Airport Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global airport security market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the airport security market?

The global airport security market size reached US$ 13.39 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.96 Billion by 2028, exhibiting a growth rate (CAGR) of 7.67% during 2023-2028.

What is Airport Security?

Airport security refers to the protective measures to ensure the safety of passengers, staff, and aircraft from harmful events at airports. It involves a variety of procedures and systems designed to monitor, manage, and control the movement of people and goods, ranging from physical checking to high-tech digital solutions. These processes include personnel screening, luggage inspection, surveillance systems, access control, biometric systems, cybersecurity measures, and others, all established to mitigate potential risks or threats. Additionally, it strives to maintain the integrity of aircraft operations from the point of departure to the destination, warding off activities such as terrorism, smuggling, and other unlawful interferences. In the present era, airport security has evolved into a sophisticated network, employing advanced technologies such as Artificial Intelligence (AI), biometrics, and advanced surveillance systems.

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What are the growth prospects and trends in the airport security industry?

The escalating number of airports majorly drives the global market. This can be supported by the rising threat of terrorism and cyber-attacks, which necessitates continual advancements in airport security measures. As air travel continues to surge globally, there is a growing emphasis on passenger safety, prompting significant investments in the airport security sector is impacting the market. Along with this, the proliferation of ‘smart airports’ utilizing IoT (Internet of Things) and data analytics for security optimization is significantly supporting the market. In addition, the implementation of stringent security standards by international and national regulatory bodies is also catalyzing the demand for airport security. Apart from this, the growing adoption of contactless security systems, propelled by the COVID-19 pandemic’s necessity for minimal contact procedures, is contributing to the market. Furthermore, advancements in technology, such as AI-powered surveillance, biometric identification, and integrated security solutions, are creating a positive market outlook.

What is included in market segmentation?

The report has segmented the market into the following categories:

Market Breakup by Type:

  • Access Control
  • Cyber Security
  • Security
  • Screening
  • Surveillance
  • Others

Market Breakup by Technology:

  • RFID
  • Biometrics
  • 3D scanning
  • Others

Market Breakup by Equipment Type:

  • Metal Detector
  • Backscatter X-Ray System
  • Cabin Baggage Screening Systems
  • Others

Market Breakup by Airport Type:

  • Civil airports
  • Military/Government Airports
  • Private Airports

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • Honeywell International Inc.
  • OSI Systems Inc.
  • Pelco Incorporated (Motorola Solutions Inc.)
  • Pure Tech Systems
  • Robert Bosch GmbH
  • Smiths Group Plc
  • Thales Group
  • Westminister Group Plc
  • Zhejiang Dahua Technology Co.

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