Airport Security Market Size
|Study Period:||2018 - 2028|
|Fastest Growing Market:||Asia Pacific|
|Largest Market:||North America|
|CAGR:||> 7 %|
*Disclaimer: Major Players sorted in no particular order
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Airport Security Market Analysis
The airport security systems market is anticipated to grow at a CAGR of above 7% during the forecast period (2022 - 2027).
The COVID-19 outbreak has preceded one of the major challenges to the sustainability of the air travel industry at the worldwide level. Despite the decrease in revenues of the airport operators due to the impact of the pandemic, the authorities have continued to invest in implementing advanced screening, scanning, and security systems. With the passenger traffic projected to witness gradual recovery, the airport operators are expected to increase their investments in security systems in the coming years.
The increasing number of travelers and significant security enhancements for intercepting the threat of terrorist attacks in airports are some driving factors for the airport security systems market, and this trend is anticipated to continue over the forecast period.
The increasing airport construction and investments in airport infrastructure are further boosting the growth of the airport security systems market during the forecast period.
The increasing adoption of artificial intelligence, robotics, and biometrics in various security systems for detecting suspicious persons, credit cards, fake currencies, abandoned objects, and explosives without disturbing the passenger flow at the airport are anticipated to propel the growth of the market in the future.
Airport Security Industry Segmentation
The airport security systems market includes a wide range of products like CCTV, video surveillance, terminal security, biometrics, security robots, passenger and cargo security systems like x-ray screening and substance detection systems, perimeter protection systems, wireless alarm systems, authenticating and identification equipment, fire detection, and alarm systems.
The airport security systems market is segmented based on the security system, type of airport, and geography. By security systems, the market is segmented into surveillance systems, biometric systems, screening and scanning systems, perimeter intrusion detection systems, and fire security. By type of airport, the market is segmented into greenfield and brownfield. The report also covers the market sizes and forecasts in major countries across different regions. The market sizing and forecasts for each segment have been represented based on value (USD million).
|Screening and Scanning Systems|
|Perimeter Intrusion Detection Systems|
|Fire Safety Systems|
Airport Security Market Trends
This section covers the major market trends shaping the Airport Security Market according to our research experts:
Biometric Systems Segment to Experience the Highest Growth During the Forecast Period
The Biometric Systems segment of the market is anticipated to grow at the highest CAGR during the forecast period. Various airports and airlines are currently testing and using biometrics to speed up various airport processes like check-in, security check, or passport control. Some airports in countries like the US, the UK, China, Japan, and Singapore are currently using this technology, and many other airports in smaller countries are in the testing phase of biometrics. The Transportation Security Administration of the United States released a roadmap for enhancing aviation security and passenger experience using biometrics with the vision to transform the commercial aviation ecosystem by 2026. Also, recently in June 2022, under the Digi Yatra initiative, the government of India announced its plan to implement a facial recognition System at Indian airports in a phased manner. In the project's first phase, these systems will be installed at airports of Bangalore, Hyderabad, Kolkata, Pune, Varanasi, and Vijayawada by March 2023. The biometric-based digital processing of passengers is expected to ease the passenger processes at various checkpoints like terminal entry gates, check-in/ bag drop, security check, and boarding gates. Such initiatives from the governments towards integrating advanced biometric technology for faster processing of passengers are acting as major drivers for the segment's growth during the forecast period.
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Asia-Pacific is Expected to Generate the Highest Demand During the Forecast Period
Asia-Pacific is expected to witness the highest demand during the forecast period. The growth of the demand for the market is due to the ongoing investment plans of the civil aviation authorities to construct new airports and the increasing threat of terrorist activities at the airports in the region. With the recovering passenger traffic at the airports in the region, countries like China and India are increasing their investments in constructing new airports, expanding existing airports, and modernization of aviation infrastructure in the region. Currently, more than USD 200 billion in airport infrastructure projects are ongoing in the Asia-Pacific region. China, India, South Korea, the Philippines, and Vietnam are major countries undertaking such projects. In addition to investments in constructing new airports, the airport operators are partnering with companies to introduce innovative security systems. On this note, in October 2021, Kansai Airports deployed Secom Robot X2 at Terminal 2 of Kansai International Airport and the airport’s railway station. The new robots can autonomously navigate patrol routes that feature a 360° camera, a stereo camera, a PTZ camera, sensing functions laser sensor, internal temperature and battery temperature sensor bumper sensor, ultrasonic sensor, and PSD sensor. Such investments are anticipated to generate demand for new airport security systems for airports and new facilities during the forecast period.
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Airport Security Industry Overview
The airport security systems market is highly fragmented, with many suppliers providing different security systems to airports around the world. Some of the prominent players in the market are Honeywell International Inc., Bosch Ltd, Smiths Group plc, L3Harris Technologies Inc., and Siemens AG. Developing new technologies (and innovation of new products) is anticipated to help the companies gain customers for expansion into new ventures and increase their geographic presence. For instance, in June 2022, Thales Group unveiled HELIXVIEW, a stationary, compact, and lightweight Cabin Baggage Explosive Detection System (EDS CB) C3-compliant scanner that deploys X-ray nanotechnology-based electronic scanning and 3D imaging reconstruction. The systems also integrate artificial intelligence (AI) to interpret threats and notify operators. Currently, airport operators and governments are testing and conducting trials with robots to support security officials in providing adequate security at the airport. To incorporate such technologies, they are partnering with the security system providers, which is expected to help the companies gain an advantage over others. Also, airlines are investing in security systems by partnering with providers to decrease passenger wait timing and for faster screening, which is anticipated to help companies expand their geographic reach. Furthermore, the latest trend of digitization of airports will open new market opportunities for the market players in the coming future.
Airport Security Market Leaders
Honeywell International Inc.
Smiths Group plc
L3Harris Technologies Inc.
*Disclaimer: Major Players sorted in no particular order
Airport Security Market News
In February 2022, Perth Airport announced its plan to invest USD 93 million (AUD 13 million) towards upgrading its checked baggage screening system across all terminals. The airport is modernizing its security screening equipment as part of its federal government’s mandate to further enhance Australia’s domestic and international aviation security.
In December 2021, Westminster Group was awarded a contract to deliver and install advanced screening and surveillance equipment at two Southeast African airports. Under the contract, the company will install an advanced CCTV surveillance system, new x-ray screening & metal detection equipment, and new control and command centers at both airports.
Airport Security Market Report - Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size and Forecast by Value - USD million, 2018 - 2027)
5.1 Security Systems
5.1.1 Surveillance Systems
5.1.2 Biometric Systems
184.108.40.206 Face Recognition
220.127.116.11 Iris and Retina Recognition
18.104.22.168 Fingerprint Recognition
22.214.171.124 Other Biometric Systems
5.1.3 Screening and Scanning Systems
5.1.4 Perimeter Intrusion Detection Systems
5.1.5 Fire Safety Systems
5.2 Airport Type
5.3.1 North America
126.96.36.199 United States
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
220.127.116.11 South Korea
18.104.22.168 Rest of Asia-Pacific
5.3.4 Latin America
22.214.171.124 Rest of Latin America
5.3.5 Middle-East and Africa
126.96.36.199 United Arab Emirates
188.8.131.52 Saudi Arabia
184.108.40.206 South Africa
220.127.116.11 Rest of Middle-East andAfrica
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 FLIR Systems, Inc.
6.2.2 L3Harris Technologies Inc.
6.2.3 Honeywell International Inc.
6.2.4 Bosch Ltd
6.2.5 Siemens AG
6.2.6 Hart International Solutions
6.2.7 Covenant Aviation Security, LLC (CAS)
6.2.8 Collins Aerospace (Raytheon Technologies Corporation)
6.2.9 Integrated Detection Systems Ltd.
6.2.10 Smiths Group plc
6.2.11 Elbit Systems Ltd.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Airport Security Market Research FAQs
What is the study period of this market?
The Airport Security Systems Market is studied from 2018 - 2028.
What is the growth rate of Airport Security Systems Market?
The Airport Security Systems Market is growing at a CAGR of >7% over the next 5 years.
Which region has highest growth rate in Airport Security Systems Market?
Asia Pacific is growing at the highest CAGR over 2018 - 2028.
Which region has largest share in Airport Security Systems Market?
North America holds highest share in 2021.
Who are the key players in Airport Security Systems Market?
Honeywell International Inc., Bosch Ltd, Smiths Group plc, L3Harris Technologies Inc., Siemens AG are the major companies operating in Airport Security Systems Market.
Airport Security Industry Report
Statistics for the 2023 Airport Security market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Airport Security analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.