Global Airport Security Solutions Market is Expected to Expand at a Compound Annual Growth Rate (CAGR) of 5.1% Over the Forecast Period i.e. 2016-2024
Rising need for intelligent security solutions to protect travelers, assets and infrastructure amid emerging multifaceted threats, has significantly augmented the demand for airport security solutions
(EMAILWIRE.COM, October 04, 2018 )
Market Landscape
Growing air passenger traffic and volume led the airport authorities to adapt to the requirements and to become more active in moving aviation dynamics. The primary aim of the smart airports across the globe is to make systems connected, intellectual and uncomplicated access by everybody. Approximately two third of the airports across the globe are planning major IT developments in passenger effortless self-service solutions with precise smart security solutions to cope up with the emerging need for smart security solutions with growing passenger traffic. More than38% airports around the world will be incorporated by the digital technologies such as interactive way findings, smart tracking of passengers and smart check-in services. Many major international airports have adopted advanced security technologies to advance their security needs. For instance, the self-service check-in kiosk systems were installed at the London Heathrow Airport not only enhance passenger traveling experience but also to expedite the screening process precisely. The inclining interest of government authorities in various developing nation to build or upgrade smart airport is fuelling the growth of smart airport industry. Moreover, this will further boost the demand for airport security solutions to ensure the rising security concerns. On the back of these factors, airport security solution market is anticipated to reach USD xx Billion by 2024. Where the
“Global Airport Security Solutions Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders in airport security solutions industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others. Our primary research team conducted various interviews, surveys and group discussions of industry professionals, airport security solutions manufacturers, aftermarket vendors and component suppliers to analyze the future prospects of the overall airport security solutions industry.
Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-airport-security-solutions-market
Global Airport Security Solutions Market Segmentation
By Technology Type
o Access control
o Cyber security
o Perimeter security
o Screening
o Surveillance
By Component Type
o Software
o Hardware
o Services
By Geography
o North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}
Browse Full Report:https://www.goldsteinresearch.com/report/global-airport-security-solutions-market
Market Trends, Drivers and Challenges
Megatrends such as rapid urbanization and globalization in today’s world continue to influence on society through the ever-growing mobility of air passenger and goods. The major challenge for airports as entryways to the extensive world is to proficiently accommodate the hassles of the escalating passenger and cargo traffic. In addition to this, guaranteeing the complete safety and security of passengers, staff, airport possessions and structure remains a major concern at all times. Passenger traffic across the globe is swelling with 5% Y-O-Y growth coupled with rising IT expenditure by the airport authorities to lower their operating expenditures and to implement advanced technologies will significantly fuel the growth of global airport security solution market. However lack of funding and delayed airport development projects are some major challenges affecting the growth of smart airport security solution market. For instance approximately USD 20.0 billion average annual funding required for U.S. airports, which is expressively higher than the funding accessible through annual AIP grants and airport generated net revenue. It shows, existing authorized funding system cannot meet U.S. airport infrastructure needs for updating and expanding airport capacity which is importantfor a safe, effective and globally competitive aviation system.
“Global Airport Security Solutions Market Report” has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global airport security solutions market report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on ICT market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
Browse Similar Report: Asia Pacific Smart Airport Market
Market Landscape
Growing air passenger traffic and volume led the airport authorities to adapt to the requirements and to become more active in moving aviation dynamics. The primary aim of the smart airports across the globe is to make systems connected, intellectual and uncomplicated access by everybody. Approximately two third of the airports across the globe are planning major IT developments in passenger effortless self-service solutions with precise smart security solutions to cope up with the emerging need for smart security solutions with growing passenger traffic. More than38% airports around the world will be incorporated by the digital technologies such as interactive way findings, smart tracking of passengers and smart check-in services. Many major international airports have adopted advanced security technologies to advance their security needs. For instance, the self-service check-in kiosk systems were installed at the London Heathrow Airport not only enhance passenger traveling experience but also to expedite the screening process precisely. The inclining interest of government authorities in various developing nation to build or upgrade smart airport is fuelling the growth of smart airport industry. Moreover, this will further boost the demand for airport security solutions to ensure the rising security concerns. On the back of these factors, airport security solution market is anticipated to reach USD xx Billion by 2024. Where the
“Global Airport Security Solutions Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders in airport security solutions industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others. Our primary research team conducted various interviews, surveys and group discussions of industry professionals, airport security solutions manufacturers, aftermarket vendors and component suppliers to analyze the future prospects of the overall airport security solutions industry.
Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-airport-security-solutions-market
Global Airport Security Solutions Market Segmentation
By Technology Type
o Access control
o Cyber security
o Perimeter security
o Screening
o Surveillance
By Component Type
o Software
o Hardware
o Services
By Geography
o North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}
Browse Full Report:https://www.goldsteinresearch.com/report/global-airport-security-solutions-market
Market Trends, Drivers and Challenges
Megatrends such as rapid urbanization and globalization in today’s world continue to influence on society through the ever-growing mobility of air passenger and goods. The major challenge for airports as entryways to the extensive world is to proficiently accommodate the hassles of the escalating passenger and cargo traffic. In addition to this, guaranteeing the complete safety and security of passengers, staff, airport possessions and structure remains a major concern at all times. Passenger traffic across the globe is swelling with 5% Y-O-Y growth coupled with rising IT expenditure by the airport authorities to lower their operating expenditures and to implement advanced technologies will significantly fuel the growth of global airport security solution market. However lack of funding and delayed airport development projects are some major challenges affecting the growth of smart airport security solution market. For instance approximately USD 20.0 billion average annual funding required for U.S. airports, which is expressively higher than the funding accessible through annual AIP grants and airport generated net revenue. It shows, existing authorized funding system cannot meet U.S. airport infrastructure needs for updating and expanding airport capacity which is importantfor a safe, effective and globally competitive aviation system.
“Global Airport Security Solutions Market Report” has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global airport security solutions market report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on ICT market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
Browse Similar Report: Asia Pacific Smart Airport Market
Contact Information:
Goldstein Research
Steve Blade
Tel: +1-646-568-7747
Email us
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Goldstein Research
Steve Blade
Tel: +1-646-568-7747
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results