Airport Security Market Report: Trends, Forecast and Competitive Analysis to 2030

Airport Security Market Report: Trends, Forecast and Competitive Analysis to 2030

Airport Security Trends and Forecast

The future of the global airport security market looks promising with opportunities in the civilian & commercial and military airport applications. The global airport security market is expected to reach an estimated $22.5 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing number of air traveling passengers, continous development of airport infrastructure, and rise on terrorism and cyber threats at airports.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Airport Security by Segment

The study includes a forecast for the global airport security by technology, system, application, and region.

Airport Security Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Access Control
• Cybersecurity
• Perimeter Security
• Screening and Scanning
• Surveillance
• Real-Time Locating System (RTLS)
• Others

Airport Security Market System [Shipment Analysis by Value from 2018 to 2030]:

• Metal Detectors
• Fiber Optic Perimeter Intrusion
• Backscatter X-Ray Systems
• Cabin Baggage Screening Systems
• Others

Airport Security Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Civilian and Commercial Airport
• Military Airport

Airport Security Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Airport Security Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies airport security companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airport security companies profiled in this report include-

• American Science and Engineering
• Arthur J. Gallagher
• Avigilon
• Axis Communications
• Bosch Sicherheitssysteme
• Dahua Technology
• Fiber Sensys
• Hangzhou Hikvision Digital Technology
• Honeywell International
• Ingersoll Rand

Airport Security Market Insights

Lucintel forecasts that cyber security is expected to witness highest growth over the forecast period due to its rising need to protect important aviation related data.

North America is expected to witness highest growth over the forecast period due to increasing terrorism threat, rising demand for advanced machinery for safety at airports, and presence of key players in the region.

Features of the Global Airport Security Market

Market Size Estimates: Airport security market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Airport security market size by technology, system, application, and region in terms of value ($B).

Regional Analysis: Airport security market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, systems, applications, and regions for the airport security market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the airport security market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the airport security market size?

Answer: The global airport security market is expected to reach an estimated $22.5 billion by 2030.

Q.2 What is the growth forecast for airport security market?

Answer: The global airport security market is expected to grow with a CAGR of 7.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the airport security market?

Answer: The major drivers for this market are increasing number of air traveling passengers, continous development of airport infrastructure, and rise on terrorism and cyber threats at airports.

Q4. What are the major segments for airport security market?

Answer: The future of the airport security market looks promising with opportunities in the civilian & commercial and military airport applications.

Q5. Who are the key airport security market companies?

Answer: Some of the key airport security companies are as follows:

• American Science and Engineering
• Arthur J. Gallagher
• Avigilon
• Axis Communications
• Bosch Sicherheitssysteme
• Dahua Technology
• Fiber Sensys
• Hangzhou Hikvision Digital Technology
• Honeywell International
• Ingersoll Rand

Q6. Which airport security market segment will be the largest in future?

Answer: Lucintel forecasts that cyber security is expected to witness highest growth over the forecast period due to its rising need to protect important aviation related data.

Q7. In airport security market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to increasing terrorism threat, rising demand for advanced machinery for safety at airports, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the airport security market by technology (access control, cybersecurity, perimeter security,screening and scanning, surveillance, real-time locating system, and others), system (metal detectors, fiber optic perimeter intrusion, backscatter x-ray systems, cabin baggage screening systems, and others), application (civilian & commercial airport and military airport), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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