Airport Security Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theAirport Security Market?
The anticipation for both passenger and commercial vehicles is on the climb, due to the rising need for daily commuting and, in turn, automotive brake systems’ market seems to be benefiting from this surge. The leap in disposable personal income across developing and established nations has led to this growth in demand for both passenger and commercial means of transport. With the magnified call for these vehicle types, there will likely be an uptick in automotive brake system usage as they are essential to vehicle manufacture. For example, the UK’s Society of Motor Manufacturers and Traders notified in January 2024 that there had been an 18.5% increase in 2023 in UK commercial vehicle production, with a total of 120,357 vans, trucks, taxis, buses and coaches being produced in factories. Therefore, the augmented demand for both passenger and commercial vehicles will likely cause the demand for automotive brake system to also increase within the forecasted period.
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What is the Predicted Annual Growth Rate of theAirport Security Market Impact Industry Trends by 2034?
In recent times, the size of the airport security market has significantly expanded. It is expected to increase from a size of $17.11 billion in 2024 to an estimated $19.21 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 12.2%. The historical development of the market can be linked to the threats of terrorism, regulatory compliance, an increase in passenger volume, globalization, and infrastructural development.
The market size for airport security is anticipated to escalate swiftly in the coming years, with expectations pointing to a rise to $29.56 billion by 2029, featuring a compound annual growth rate (CAGR) of 11.4%. The forecasted period of growth owes its potential to mounting cybersecurity threats, the digitization of airport services, escalated investments in the aviation industry, booming tourism, and increased trade. The forecast period will witness trends like strategic partnerships, the adoption of biometrics, the mitigation and detection of drones, the integration of cybersecurity, and multi-modal security.
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What Are the Current Market Growth and Trends in theAirport Security Market That Industry Players Should Watch?
Major companies in aircraft security are focusing on advancements in technology such as Advanced security technologies to gain a competitive advantage and enhance their product offerings. Advanced security technologies, such as biometrics, AI, and machine learning, improve the detection of potential threats, including weapons, explosives, and hazardous substances. For instance, in May 2023, Cincinnati/Northern Kentucky International Airport, a US-based public international airport launched new technology at security checkpoints to enhance security and improve the passenger experience. The new technology is called Credential Authentication Technology (CAT), which is a security game changer that ensures ID authentication, reservation verification, and Secure Flight pre-screening status are known in near real-time at the airport security checkpoint. CAT is an effective tool for TSA officers, providing enhanced fraudulent ID detection capabilities while confirming the identity and flight information of travelers.
What Are the Major Market Players Making an Impact on theAirport Security Market Growth?
Major companies operating in the airport security market include American Science and Engineering Corp., Bosch Corporation, CEIA S.p.A., Hitachi Electronic Devices (USA) Inc., L-3 Communications Holdings Inc., Lockheed Martin Corporation, OSI Systems Inc., Safran Morpho Inc., Siemens AG, Smiths Detection Inc., Auto Clear LLC, Analogic Corporation, Bruker Corporation, Nuctech Company Ltd., MilliVision Technologies LLC, G4S Secure Solutions (USA) Inc., Securitas AB, Covenant Aviation Security LLC, ICTS Europe Holdings BV, Allied Universal Corporation, SM Group (America) Inc., Vantage Airport Group Ltd., Rapiscan Systems Inc., L3Harris Technologies Inc., IDEMIA Identity & Security USA LLC, Argus Global LLC, Clear Channel Airports Inc., Leidos Inc., Vision-Box Inc., Rohde & Schwarz USA Inc.
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How Are the Key Segments of the Airport Security Market Driving Opportunities and Innovations?
The airport security market covered in this report is segmented –
1) By Technology: Access Control, Cybersecurity, Perimeter Security, Screening and Scanning, Surveillance, Real-Time Locating System (RTLS), Other Technologies
2) By System: Metal Detectors, Fiber Optic Perimeter Intrusion, Backscatter X-Ray Systems, Cabin Baggage Screening Systems, Other Systems
3) By Application: Civilian and Commercial Airport, Military Airport
Subsegments:
1) By Access Control: Biometric Systems, Card-Based Systems, Keypad Entry Systems
2) By Cybersecurity: Network Security, Cloud Security, Endpoint Security
3) By Perimeter Security: Fencing, Intrusion Detection Systems, Ground Radar Systems
4) By Screening and Scanning: X-Ray Scanners, Full-Body Scanners, Explosive Detection Systems (EDS), Metal Detectors
5) By Surveillance: CCTV Cameras, Thermal Imaging Cameras, Video Analytics
6) By Real-Time Locating System (RTLS): RFID-Based Systems, GPS-Based Systems, Bluetooth-Based Systems
7) By Other Technologies: Command and Control Systems, Communications Systems, Data Analytics Systems
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theAirport Security Market?# Market Expansion?
North America was the largest region in the airport security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport security market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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