Market Size of Europe Airport Passenger Screening Systems Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 610.84 Million |
Market Size (2029) | USD 917.68 Million |
CAGR (2024 - 2029) | 8.48 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Airport Passenger Screening Systems Market Analysis
The Europe Airport Passenger Screening Systems Market size is estimated at USD 610.84 million in 2024, and is expected to reach USD 917.68 million by 2029, growing at a CAGR of 8.48% during the forecast period (2024-2029).
The aviation industry in Europe is witnessing a significant growth rate. The increase in the air passenger traffic in the region, especially in medium and small airports, has led to considerable development of airport infrastructure, such as new terminals and terminal expansion, to accommodate more passengers. Thus, such factors will bolster the growth of the airport passenger screening systems market in the region shortly.
The increase in terrorism activities and illicit drug trade in the region is causing the customs department and airports to deploy advanced passenger screening systems for threat identification. The safety concern at airports is a significant factor propelling the airport passenger screening systems market growth in Europe during the forecast period. Furthermore, adopting technology, such as augmented reality, machine learning, artificial intelligence, and biometric solutions at airports will also drive the market growth for airport passenger screening systems in the European region during the forecast period.