Airport security highlights the essential role it plays in protecting aircraft, passengers, staff, and airport property from various threats. This market is driven by the need to safeguard airports from potential security incidents and to instill confidence in the traveling public. The market's focus is on providing effective security solutions and technologies to ensure the safety and well-being of people, thereby creating a secure and trusted environment within airports.
According to Data Bridge Market Research, the Airport Security Market accounted for USD 15,390.30 million in 2021 and is expected to reach USD 28,276.04 million by 2029, registering a CAGR of 7.90% during the forecast period of 2022 to 2029.
“Strict government protocols”
Governments over the globe are applying strict protocols to enhance airport safety and defend against terrorist attacks, ensuring the safety of passengers and personnel. These regulations compel airports to adopt advanced and high-quality security systems. Consequently, there is a growing demand for robust airport security solutions, leading to increased revenue growth in the market. The focus on regulatory compliance drives the industry's evolution and the development of innovative security technologies.
What restraints the growth of the airport security market?
“High maintenance and deployment costs”
The airport security market faces restraint due to the high maintenance and deployment costs related to applying strong security systems. The constant maintenance and monitoring of advanced security technologies require substantial financial resources. Furthermore, the early deployment cost for installing comprehensive security measures can be significant. These high costs limit the adoption and implementation of advanced security solutions, hindering the overall growth of the airport security market.
Segmentation: Airport Security Market
The airport security market is segmented on the basis of equipment, type, technology, and application.
- On the basis of type, the airport security market is segmented into Access Control , cyber security, security, screening, surveillance, and others.
- On the basis of equipment, the airport security market is segmented into metal detector, backscatter x-ray system, and others.
- On the basis of technology, the airport security market is segmented into rfid, biometrics, 3d scanning, others
- On the basis of application, the airport security market is segmented into civil airports, military/federal government airports, and private airports.
Regional Insights: North America dominates the Airport Security Market
North America dominates the airport security market in terms of market share and revenue. This is primarily driven by the increasing need for security against criminal and illegal activities in the region. Additionally, the constant advancements and innovations in airport security technologies contribute to North America's dominance in the market.
The Asia-Pacific region is projected to experience the highest growth rate in the airport security market during the forecast period of 2022-2029. This growth is fueled by the growing funds allocated for maintaining security measures in the region. As countries in Asia-Pacific focus on enhancing security infrastructure, the demand for advanced airport security solutions is expected to surge, leading to market development and expansion.
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Recent Developments in Airport Security Market
- In 2020, FLIR Systems Inc. introduced the Thermal Image Streaming fixed camera solutions and the FLIR A400/A700 Thermal Smart Sensor. These solutions were designed for monitoring equipment, critical infrastructure, production lines, and screening for elevated skin temperatures. The advanced thermal imaging technology provided by FLIR Systems aimed to enhance security and safety measures in various industries.
- In 2020, Heathrow Airport signed a contract with Aveillant, a subsidiary of Thales Group. Aveillant was tasked with developing an anti-drone product to mitigate flight disruptions caused by rogue drones. The system was deployed and tested at the London airport as part of a broader anti-drone initiative led by operational solutions provider, systems integrator. This collaboration aimed to strengthen Heathrow Airport's security infrastructure against unauthorized drone activities.
The Prominent Key Players Operating in the Airport Security Market Include:
- American Science and Engineering, Inc. (U.S.)
- Axis Communications AB (Sweden)
- Teledyne FLIR LLC (U.S.)
- Bosch Sicherheitssysteme GmbH (Germany)
- Honeywell International Inc, (U.S.)
- Dahua Technology Co., Ltd (China)
- Avigilon Corporation (Canada)
- Hangzhou Hikvision Digital Technology Co. Ltd. (China)
- Pelco (U.S.)
- Thales (France)
- Johnson Controls (Ireland)
- Fiber Sensys Inc, (U.S.)
- Arthur J. Gallagher & Co. (U.S.)
- Senstar Corporation (Canada)
- Ingersoll Rand (U.S.)
- The Infinova Group. (China)
- SOUTHWEST MICROWAVE, INC. (U.S.)
- Puretech Systems (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of airport security market companies contact, https://www.databridgemarketresearch.com/jp/contact
Research Methodology: Global Airport Security Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
