Airport Passenger Screening Systems Market Size Anticipeted to reach US$ 4 Billion by 2030, and at a CAGR of 10% by 2022-2030
Airport passenger screening systems are considered to be advanced screening techniques. It requires trained personnel or professionals to operate the screening devices designed to safeguard civil aviation against acts of terrorism, accidental harms, and other possible threats. These passenger screening systems are widely used to screen people and their belongings to prevent prohibited items entry like liquor products, metal objects, weapons, and other similar objects.
The global Airport Passenger Screening Systems Market is projected to witness higher growth due to the growing measures on airline safety and airport. The demand for air travel is increasing in emerging nations like South America, Asia Pacific, and Middle East Africa because of the rapid global air passenger traffic growth. At the airport security checkpoints, the advanced airport passenger screening systems and air traffic are being widely utilized, fueling the Airport Passenger Screening Systems Market Growth during the assessment period.
Further, the global Airport Passenger Screening Systems Market has witnessed higher growth with market segmentation. The metal detectors are most widely used in all airports of different countries. Moreover, advanced imaging technology has emerged as an advanced body scanner because many countries have banned full-body scanners for privacy issues.
These days, body scanners based on advanced imaging techniques are quite expensive, and it is replacing the metal decors and full-body scanners in various airports of the countries. Thus, the advanced imaging technology segment will face maximum growth in the analysis period. For instance, the intended audiences like distributor & supplier companies, consultants and investment bankers, and end-users also support the global market, fueling the Airport Passenger Screening Systems Market Size for the research period.
In the first half of the year 2020, several economies of different countries have faced harsh economic downturns. The Airport Passenger Screening Systems Market has been impacted negatively as many countries were on lockdown. Also, the supply chain and manufacturing chain were disrupted during the pandemic period.
As per the Airport Passenger Screening Systems Market Forecast report, the present situation of the global market has been changed due to the continuous efforts of the market players and vendors. Hence, the global Airport Passenger Screening Systems Market is predicted to account for the higher market growth in the upcoming years.
The increasing need to protect aircraft passengers and the aircraft is driving the global Airport Passenger Screening Systems Market growth in the forecast period. Moreover, the demand for airport passenger screening systems is surging because of the increasing number of passengers worldwide.
On June 28, 2016, a terrorist attack happened on Istanbul Ataturk International Airport, Turkey, where nearly 42 people dead, 238 people were injured. This led to adopting the Airport Passenger Screening Systems for the government. This kind of initiative by different regions might generate higher Airport Passenger Screening Systems Market growth in the research period.
Market Opportunities:
Nowadays, the airport authorities are becoming highly stricter with the baggage screening policies and passengers in terms of maintaining efficiency and security facilities. This results in increasing the air traffic in the present context and bringing more opportunities for the market leaders and vendors of the global Airport Passenger Screening Systems Market.
In addition, the domestic and international airports and governmental sectors are investing significantly in passenger screening to enhance performance and efficiency. This brings lucrative opportunities for the vendors and market players in the forecast period.
Market Restraints
The global Airport Passenger Screening Systems Market might face restraints due to the high maintenance costs of security solutions and its high installation costs.
Moreover, the Airport Passenger Screening Systems Market Value might get hampered due to the stringent regulation of the government regarding the safety of the airport passengers.
The global Airport Passenger Screening Systems Market Value might experience challenges due to the high cost of the security solution.
Another challenge for the global Airport Passenger Screening Systems Market can be the unavailability of raw materials and the unprecedented covid-19 pandemic that has disrupted the supply chain of the global market.
Cumulative Growth Analysis
Several factors are indirectly influencing the market growth positively. For instance, the Airport Passenger Screening Systems Market will witness significant market revenue and value in the analysis period.
As per the Airport Passenger Screening Systems Market Outlook report, a region like Europe and the Asia Pacific are rapidly enhancing market growth by constituting large numbers of market players in the region. This shows that the current market has more scope in the upcoming years.
The global Airport Passenger Screening Systems Market Outlook report explains that the present market has been segmented into type and airport type.
By Type:
Based on the type segment, the global Airport Passenger Screening Systems Market has been classified into metal detectors, advanced imaging technologies, full-body scanners, explosive trace detectors, and magnetostatic detectors.
Of these, the metal detector segment is projected to dominate the global market by generating the larger Airport Passenger Screening Systems Market Share during the forecast period of 2019. In major airports of different countries, full-body scanners have been installed to provide better service.
By Airport Type
The global Airport Passenger Screening Systems Market has been categorized as domestic and international airports depending on the airport type segment.
Recently, the German government has ordered the installation of more than 100 full-body scanners in the domestic airport, which is estimated to thrive in the global market. Also, this segment is projected to generate the larger Airport Passenger Screening Systems Market Share during the review period.
The Airport Passenger Screening Systems Market Analysis highlights that the current market has been segmented into different geographical areas such as Europe, Asia Pacific, North America, Latin America, Middle East Africa, and the rest of the world.
Of these, the Asia Pacific regional market is estimated to dominate the global market in 2023 by overtaking Europe and the North American region. Presently, the Asia Pacific region is projected to acquire nearly 27% of the global air traffic and is further expected to increase almost 50% of the global traffic in the coming 15 years.
Therefore, the Asia Pacific region is expected to witness the highest growth rates and the higher market value in the aviation industry for the upcoming two decades. Moreover, nearly 60% of the global population has a home in Asia pacific region out of more than four billion people. Thus, the demand for air travel is increasing in emerging nations such as India and China due to the increasing purchasing power and growth in the region's GDP. Apart from that, the Asia Pacific region has recently witnessed a rapid expansion of new airport construction projects and terminals, driving the Airport Passenger Screening Systems Market Size during the assessment timeframe.
As per the Airport Passenger Screening Systems Market Trends report, the global market is consists of different key players who are strengthening the development with all their efforts. These key players are:
The Airport Passenger Screening Systems Market Growth is expected to enhance in the upcoming years. This market is projected to engage more key players because of the growing demands in different regions and the shortage of players for production.
In December 2019, a contract of USD926 million valuation was awarded to the Leidos and the US transportation security system. This award has aimed to support the logistics support services and the maintenance of the passenger screening equipment.
According to Airport Passenger Screening Systems Market Analysis, the report has comprehensively evaluated all the market risks, challenges, and opportunities. Along with that, this report has involved market dynamics, segmentation, regional analysis, recent developments, competitive analysis, and overview.
Furthermore, this report has explained the key strategies of the market players to enhance the Airport Passenger Screening Systems Market growth in the forecast period.
By Type
Airport Passenger Screening Systems Market Highlights:
Frequently Asked Questions (FAQ) :
Airport Passenger Screening System Market at a CAGR of 10% by 2022-2030
By 2030, the airport passenger screening system market can value at substantial value.
RapiScan Systems (U.S.), L-3 Communications Security & Detection Systems (U.S.), and Smiths Detection (U.K) are some reputed companies in the airport passenger screening system market.
The expansion of airport terminals to support airport passenger screening system market expansion.
Europe airport passenger screening system market can rise exponentially.
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Senior Research Analyst She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. hands on expertise in management consulting, and extensive knowledge in domain including ict, automotive & transportation and aerospace & defense. she is skilled in go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.
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