Market Trends of Mass Transit Security Industry
This section covers the major market trends shaping the Mass Transit Security Market according to our research experts:
Increase in Air Traffic is Anticipated to Generate Demand in Airways Segment
- The transit security in airways includes perimeter security, command, control and integration, cybersecurity, communications, surveillance, access control, and screening. Of these, the majority of developments are expected to take place in the screening, big data markets and these sectors are particularly witnessing upgrades and new investments as part of the airport security market.
- Aircraft fleet is expected to increase over the years. All regions including Asia-Pacific, North America, Europe, Latin America, Middle East, Africa, and Russia and Central Asia are expected to witness this rise.
- While air fleet size and passenger traffic are expected to rise significantly over the forecast period, it makes airports more prone to security threats such as bombs, loots, and robberies, etc. Therefore, with increasing passenger traffic in aircraft, airports are intensely focusing on security in the airport premises.
- According to the International Air Traffic Association (IATA), over 4,378 million number of passengers have traveled through airways in 2018, and 63.3 million tonnes of freight was transported through airways in the same period.
- Acknowledging the UN’s Security Council Resolution 2309, IATA passed a resolution on aviation security during the 73rd annual general meeting (AGM), held in May 2017, which requires all aviation stakeholders to develop a revolutionary framework to secure the air travel for passengers and crew.
- Further, International authorities such as ICAO, IATA, and ACI believe that the current airport security model is not efficient enough to tackle the threats raised by terrorism across the globe and needs to be addressed effectively, as enhancing the security of civil aviation is the first priority.
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North America to Hold a Significant Share
- The increasing number of passengers and freight from across the globe to the North American region has demanded the need for transit security at airports, ports, railway stations, and bus stations. According to US Customs and Border Protection, more than 11 million maritime containers arrive at its seaports. At land borders, another 11 million arrive by truck and 2.7 million by rail. To ensure public safety at these places the countries in the region are deploying video surveillance systems, security screening systems, narcotic detectors, etc.
- Increasing air freight traffic in the region is also providing significant opportunities for the market studied over the forecast period. According to the StatCan, in 2017, approximately 1.31 million metric ton of air freight was loaded and unloaded at Canadian airports. In order to deal with such cases, the Canadian Air Transport Security Authority uses Itemiser DX desktop explosives trace detection systems from Morpho Detection.
- Also, the increasing concerns of drug trafficking are rising demand for enhanced security in the region. Recently, there are various cases of drug trafficking at airports in places such as Dallas and various others, where smugglers were found to be exporting banned drugs out of the airport by dubious means.
- According to the World Drug Report, 2017 by the International Narcotics Control Board (INCB) and UNODC, illegal fentanyl and heroin exports from Mexico to the United States are on the rise. US Customs and Border Protection officers seized USD 180,000 worth of narcotics in 2018. Alarmed at the increasing attempts to smuggle out banned drugs, the adoption of narcotics scanner is likely to increase in such places. This, in turn, is expected to influence the demand for the mass transit security market over the forecast period.
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