Airport Security Market Size

Statistics for the 2023 & 2024 Airport Security market size, created by Mordor Intelligence™ Industry Reports. Airport Security size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Airport Security Industry

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Airport Security Systems Market Summary
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Study Period 2019 - 2029
Market Size (2024) USD 14.61 Billion
Market Size (2029) USD 22.98 Billion
CAGR (2024 - 2029) 9.49 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Airport Security Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Airport Security Systems Market Analysis

The Airport Security Market size is estimated at USD 14.61 billion in 2024, and is expected to reach USD 22.98 billion by 2029, growing at a CAGR of 9.49% during the forecast period (2024-2029).

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 Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)