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Global Airport Security Market (2021-2026) by Technology and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

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  • 170 Pages
  • March 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5359422
UP TO OFF until Aug 31st 2022
The Global Airport Security Market is estimated to be worth USD 15.4 Billion in 2021 and is expected to reach USD 23.5 Billion by 2026, growing at a CAGR of 8.4%.

Market Dynamics

The global airport security market is expected to be driven by increasing requirements for security at airports. Factors such as the growth of aviation with the increasing development of trade, rise in tourism, increasing dem of for enhanced safety and security pa lay a significant role in market growth. In addition, the increasing accidental harm, security threats, Government regulations associated with security, and rising security technologies further escalate the market revenue during the forecast period. However, high implementation cost and maintenance cost is anticipated to hinder the market.

The various new airport construction and upgrade of airport premises and new technologies advancement in security is anticipated to create new opportunities for the market.

Market Segmentation

The Global Airport Security Market is segmented based on Technology and Geography.

  • By Technology, the market is classified as perimeter security, cybersecurity, surveillance, screening, access control, and others. The screening segment is estimated to hold the highest market share during the forecast period.
  • By Geography, North America is projected to lead the market.

Recent Developments

  1. Vanderlande launches product Automated Screening Lane (ASL) PAX Compact to improve the screening process at airports. - 18th March 2021.
  2. Delta Launches Domestic Digital Identity Test in the U.S., Providing Touchless Curb-to-gate Experience. The first facial recognition option for domestic passengers using a digital ID made up of a customer’s passport number and TSA PreCheck® membership. - 29th January 2021.

Company Profiles

Some of the companies covered in this report DetectaChem LLC, FRL, Inc., FLIR Systems, G4S PLC, Glidepath Group, Hitachi Ltd., IBM Corporation, Implant Sciences Corporation, KeTech Defence Ltd. etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Airport Security Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also contains the competitive analysis using Positioning Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Airport Security Market

What is the estimated value of the Global Airport Security Market?

The Global Airport Security Market was estimated to be valued at $15400.0 Million in 2021.

What is the growth rate of the Global Airport Security Market?

The growth rate of the Global Airport Security Market is 8.4%, with an estimated value of $23500.0 Million by 2026.

What is the forecasted size of the Global Airport Security Market?

The Global Airport Security Market is estimated to be worth $23500.0 Million by 2026.

Who are the key companies in the Global Airport Security Market?

Key companies in the Global Airport Security Market include Appealing Products Inc. (ChemSee), AutoClear L.L.C., Axis Communications AB, BAHIA Corporation, Biosensor Applications AB, Bosch Security Systems, C.E.I.A SpA, DetectaChem L.L.C. and FR. Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers Increasing Modernization of Airport Upsurge In Number of Air Passengers and Tourism Industry Government Regulations Associated with Security
4.2.2 Restraints High Invest Cost and Maintenance Cost Technical Skilled Person Required
4.2.3 Opportunities Innovation in Security Smart City Projects in Developing Countries
4.2.4 Challenges Security Threats and Upgrading Existing Security System
4.3 Trends
5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Airport Security Market, By Technology
6.1 Introduction
6.2 Perimeter Security
6.3 Cybersecurity
6.4 Surveillance
6.5 Screening
6.6 Access Control
6.7 Others
7 Global Airport Security Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 South America
7.3.1 Brazil
7.3.2 Argentina
7.4 Europe
7.4.1 UK
7.4.2 France
7.4.3 Germany
7.4.4 Italy
7.4.5 Spain
7.4.6 Rest of Europe
7.5 Asia-Pacific
7.5.1 China
7.5.2 Japan
7.5.3 India
7.5.4 Indonesia
7.5.5 Malaysia
7.5.6 South Korea
7.5.7 Australia
7.5.8 Russia
7.5.9 Rest of APAC
7.6 Rest of the World
7.6.1 Qatar
7.6.2 Saudi Arabia
7.6.3 South Africa
7.6.4 United Arab Emirates
7.6.5 Latin America
8 Competitive Landscape
8.1 Competitive Quadrant
8.2 Market Share Analysis
8.3 Competitive Scenario
8.3.1 Mergers & Acquisitions
8.3.2 Agreement, Collaborations, & Partnerships
8.3.3 New Product Launches & Enhancements
8.3.4 Investments & Funding
9 Company Profiles
9.1 Appealing Products Inc. (ChemSee)
9.2 AutoClear L.L.C.
9.3 Axis Communications AB
9.4 BAHIA Corporation
9.5 Biosensor Applications AB
9.6 Bosch Security Systems
9.7 C.E.I.A SpA
9.8 DetectaChem L.L.C.
9.9 Flir Systems
9.10 FRL, Inc.
9.11 G4S PLC
9.12 Glidepath Group
9.13 Hitachi Ltd.
9.14 I.B.M. Corporation
9.15 Implant Sciences Corporation
9.16 Ketech Defence Ltd.
9.17 Nuctech Co. Ltd.
9.18 Siemens AG
9.19 Thales Group
9.20 Vidisco Ltd.
10 Appendix
10.1 Questionnaire

Companies Mentioned

  • Appealing Products Inc. (ChemSee)
  • AutoClear L.L.C.
  • Axis Communications AB
  • BAHIA Corporation
  • Biosensor Applications AB
  • Bosch Security Systems
  • C.E.I.A SpA
  • DetectaChem L.L.C.
  • Flir Systems
  • FR. Inc.
  • G4S PLC
  • Glidepath Group
  • Hitachi Ltd.
  • I.B.M. Corporation
  • Implant Sciences Corporation
  • Ketech Defence Ltd.
  • Nuctech Co. Ltd.
  • Siemens AG
  • Thales Group
  • Vidisco Ltd.