The global air passenger traffic is growing at a steady rate and has generated the need for airport terminal extensions and construction of some new airports globally. New terminals and the need for efficient systems in existing terminals will drive the growth of the airport passenger screening systems market.
Newly constructed and modernized airport terminals will be equipped with modern passenger screening systems, which is expected to drive the screening systems market. With the increased terrorist threats faced worldwide, airport terminals have come up with advanced solutions for passenger and luggage security. The increasing number of air passengers and the growing security threats are expected to increase the demand for airport passenger screening systems.
The growth in middle-class population in the developing regions such as China and India have led to an increase in air passenger traffic, and this trend is expected to continue in the near future. Lower airfares, increasing living standards, and the growing middle-class population in large emerging markets, such as China and India, are major contributors to increasing air travel. The middle class, in both countries combined, grew from 80 million, in 2000, to 135 million in 2016, exhibiting an increase of nearly 70 percent. China has contributed significantly to global traffic growth over the last 10 years, as its passenger growth has increased at an average rate of more than 10% per year during.
Furthermore, in order to handle the growth in the air traffic, many airports in different parts of the world have been undergoing expansions which have led to an increase in the demand for passenger screening systems from the airports. Countries which are a part of the Gulf Cooperation Council are in the midst of expanding their airports owing to the fact that the region comprises a few of the busiest airports. The growth in the air traffic will provide seamless travel experience to the passengers. Additionally, India under its regional connectivity scheme has envisaged developing the underserved and unserved airports to boost domestic air travel. In addition, emerging economies, like China, are transitioning to a more service-based economy, supporting sustained air travel demand into the future. This trend is projected to continue in global economic outlooks.
Asia-Pacific Region: The Fastest Growing Market for Airport Passenger Screening Systems
Asia-Pacific is the fastest growing market for passenger screening systems, and its market share is set to increase during the forecast period. The market growth in the region would be backed by growth in traffic and improving infrastructure, especially in emerging economies such as India, China, Vietnam, and Indonesia. Beijing Daxing International Airport is Beijing's second international airport and is currently under construction. The terminal building is expected to be completed by July 2019 and the airport is expected to open by the end of 2019. After completion, the airport is likely to be capable of handling almost 100 million passengers annually.
Mar 2018: Amsterdam’s Schiphol airport introduced L-3 Security & Detection System’s 3D-technology to enhance screening capabilities at its checkpoints. The system is designed to scan electronic devices in the luggage without passengers needing to remove them from their bags at the checkpoint.
Jun 2017: Changi Airport Group announced that it is currently in the process of conducting trials at two boarding gates on terminal 3 in order to improve efficiency as at the screening checkpoints. The new airport passenger screening technologies shall help to reduce the waiting time for the passengers.
L-3 Technologies Inc., Analogic Corporation, Garrett Electronics Inc., Smiths Group, Rapiscan System Limited, and C.E.I.A. SpA among others.
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- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- The report which aircraft type segment is gaining popularity in the region
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1.1 Scope of Study
1.2 Executive Summary
2. Research Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Phases
3. Market Insights
3.1 Current Market Scenario
3.2 Market Trends
3.3 Industry Attractiveness - Porter's Five Forces Analysis
3.3.1 Bargaining Power of Buyers
3.3.2 Bargaining Power of Supplier
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products
3.3.5 Intensity of Competitive Rivalry
4. Market Dynamics
5. Airport Passenger Screening Systems Market, Segmented by Type
5.1 Metal Detectors
5.2 Full Body Scanners
5.3 Advanced Imaging Technology
6. Airport Passenger Screening Systems Market, Segmented by Geography
6.1 North America
6.1.1 United States
6.1.4 Rest of North America
6.2.5 Rest of Europe
6.3.4 Rest of Asia Pacific
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.3 South Africa
6.5.4 Rest of Middle East & Africa
7. Competitive Landscape
7.2 Market Share Analysis
8. Company Profiles
8.1 Analogic Corporation
8.2 C.E.I.A. SpA
8.3 Agilent Technologies
8.4 Garrett Metal Detectors
8.5 Nuctech Systems Ltd.
8.6 Kromek Group PLC.
8.7 L-3 Technologies Inc.
8.8 Vanderlande Industries B.V.
8.9 OSI Systems, Inc.(Rapiscan System Inc.)
8.11 Smiths Group
8.12 Autoclear LLC.