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Airport Security Trends and Forecast
The future of the global airport security market looks promising with opportunities in the civilian & commercial and military airport applications. The global airport security market is expected to reach an estimated $22.5 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing number of air traveling passengers, continous development of airport infrastructure, and rise on terrorism and cyber threats at airports.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Airport Security by Segment
The study includes a forecast for the global airport security by technology, system, application, and region.
Airport Security Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Access Control
• Cybersecurity
• Perimeter Security
• Screening and Scanning
• Surveillance
• Real-Time Locating System (RTLS)
• Others
Airport Security Market System [Shipment Analysis by Value from 2018 to 2030]:
• Metal Detectors
• Fiber Optic Perimeter Intrusion
• Backscatter X-Ray Systems
• Cabin Baggage Screening Systems
• Others
Airport Security Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Civilian and Commercial Airport
• Military Airport
Airport Security Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Airport Security Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies airport security companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airport security companies profiled in this report include-
• American Science and Engineering
• Arthur J. Gallagher
• Avigilon
• Axis Communications
• Bosch Sicherheitssysteme
• Dahua Technology
• Fiber Sensys
• Hangzhou Hikvision Digital Technology
• Honeywell International
• Ingersoll Rand
Airport Security Market Insights
Lucintel forecasts that cyber security is expected to witness highest growth over the forecast period due to its rising need to protect important aviation related data.
North America is expected to witness highest growth over the forecast period due to increasing terrorism threat, rising demand for advanced machinery for safety at airports, and presence of key players in the region.
Features of the Global Airport Security Market
Market Size Estimates: Airport security market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Airport security market size by technology, system, application, and region in terms of value ($B).
Regional Analysis: Airport security market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technologies, systems, applications, and regions for the airport security market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the airport security market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the airport security market size?
Answer: The global airport security market is expected to reach an estimated $22.5 billion by 2030.
Q.2 What is the growth forecast for airport security market?
Answer: The global airport security market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the airport security market?
Answer: The major drivers for this market are increasing number of air traveling passengers, continous development of airport infrastructure, and rise on terrorism and cyber threats at airports.
Q4. What are the major segments for airport security market?
Answer: The future of the airport security market looks promising with opportunities in the civilian & commercial and military airport applications.
Q5. Who are the key airport security market companies?
Answer: Some of the key airport security companies are as follows:
• American Science and Engineering
• Arthur J. Gallagher
• Avigilon
• Axis Communications
• Bosch Sicherheitssysteme
• Dahua Technology
• Fiber Sensys
• Hangzhou Hikvision Digital Technology
• Honeywell International
• Ingersoll Rand
Q6. Which airport security market segment will be the largest in future?
Answer: Lucintel forecasts that cyber security is expected to witness highest growth over the forecast period due to its rising need to protect important aviation related data.
Q7. In airport security market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing terrorism threat, rising demand for advanced machinery for safety at airports, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the airport security market by technology (access control, cybersecurity, perimeter security,screening and scanning, surveillance, real-time locating system, and others), system (metal detectors, fiber optic perimeter intrusion, backscatter x-ray systems, cabin baggage screening systems, and others), application (civilian & commercial airport and military airport), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Airport Security Market, Airport Security Market Size, Airport Security Market Growth, Airport Security Market Analysis, Airport Security Market Report, Airport Security Market Share, Airport Security Market Trends, Airport Security Market Forecast, Airport Security Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Airport Security Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Airport Security Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Airport Security Market by Technology
3.3.1: Access Control
3.3.2: Cybersecurity
3.3.3: Perimeter Security
3.3.4: Screening and Scanning
3.3.5: Surveillance
3.3.6: Real-Time Locating System (RTLS)
3.3.7: Others
3.4: Global Airport Security Market by System
3.4.1: Metal Detectors
3.4.2: Fiber Optic Perimeter Intrusion
3.4.3: Backscatter X-Ray Systems
3.4.4: Cabin Baggage Screening Systems
3.4.5: Others
3.5: Global Airport Security Market by Application
3.5.1: Civilian and Commercial Airport
3.5.2: Military Airport
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Airport Security Market by Region
4.2: North American Airport Security Market
4.2.3: North American Airport Security Market by Application: Civilian & Commercial Airport and Military Airport
4.3: European Airport Security Market
4.3.1: European Airport Security Market by Technology: Access Control, Cybersecurity, Perimeter Security, Screening and Scanning, Surveillance, Real-Time Locating System (RTLS), and Others
4.3.3: European Airport Security Market by Application: Civilian & Commercial Airport and Military Airport
4.4: APAC Airport Security Market
4.4.1: APAC Airport Security Market by Technology: Access Control, Cybersecurity, Perimeter Security, Screening and Scanning, Surveillance, Real-Time Locating System (RTLS), and Others
4.4.3: APAC Airport Security Market by Application: Civilian & Commercial Airport and Military Airport
4.5: ROW Airport Security Market
4.5.1: ROW Airport Security Market by Technology: Access Control, Cybersecurity, Perimeter Security, Screening and Scanning, Surveillance, Real-Time Locating System (RTLS), and Others
4.5.3: ROW Airport Security Market by Application: Civilian & Commercial Airport and Military Airport
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Airport Security Market by Technology
6.1.2: Growth Opportunities for the Global Airport Security Market by System
6.1.3: Growth Opportunities for the Global Airport Security Market by Application
6.1.4: Growth Opportunities for the Global Airport Security Market by Region
6.2: Emerging Trends in the Global Airport Security Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Airport Security Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Airport Security Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: American Science and Engineering
7.2: Arthur J. Gallagher
7.3: Avigilon
7.4: Axis Communications
7.5: Bosch Sicherheitssysteme
7.6: Dahua Technology
7.7: Fiber Sensys
7.8: Hangzhou Hikvision Digital Technology
7.9: Honeywell International
7.10: Ingersoll Rand
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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