Market Size of Airport Passenger Screening Systems Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 9.20 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Airport Passenger Screening Systems Market Analysis
The airport passenger screening systems market was worth USD 2.35 billion in 2022. During the forecast period, it is expected to register a CAGR of 9.20%.
Passenger traffic dropped due to the impact of COVID-19 around the world. It provided the aviation community, which comprises airports, civil aviation authorities, airlines, and related security suppliers, with a prospect to discover the potential of these new technologies to make security checkpoints flexible and contactless and be ready for passenger numbers to pick up, while efficiently addressing passenger concerns about aviation security and safety.
The growing number of terrorist attacks and other acts of violence around the world is making customs and border security tighter in every country.In this way, airport security has become a concern, which is why airport passenger screening systems are being put in place.Before the pandemic hit, the number of people who chose to fly rose quickly, making it hard for airports to handle such a large number of passengers.An increasing number of passengers presented the requirement for increased security measures.
Narcotic and chemical trace detectors are making it easy for airport security agencies to handle detection. Technology improvements have made it easier, faster, and more accurate than ever before to find a wide range of substances.