Market Size of APAC Airport Passenger Screening Systems Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.69 Billion |
| Market Size (2029) | USD 1.07 Billion |
| CAGR (2024 - 2029) | 9.29 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Airport Passenger Screening Systems Market Analysis
The APAC Airport Passenger Screening Systems Market size is estimated at USD 0.69 billion in 2024, and is expected to reach USD 1.07 billion by 2029, growing at a CAGR of 9.29% during the forecast period (2024-2029).
- The rising number of terrorist and hostile activities around the world are forcing countries to increase their customs and border security. In this regard, airport security has become a matter of concern, thereby, acting as a driver for airport passenger screening systems.
- The number of travelers opting for air travel is increasing at a rapid pace, making it difficult for airports to handle a vast inflow of passengers. Also, an increasing number of passengers means that the security measures that need to be taken should also increase, which demands more investments in passenger screening systems.
- Technological developments such as powerful body scanners, Artificial Intelligence and Machine Learning, Blockchain technology, facial and biometric recognition is driving the market growth for passenger screening systems in Asia-Pacific countries such as India and China.
- The outbreak of COVID 19 pandemic has deeply affected the aviation industry in Asia-Pacific region. The growing demand to place thermal imaging camera systems at airports to check the temperature of visitors is expected to significantly fuel the growth of thermal screening systems during the forecast period.
