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Post Info TOPIC: The global airport security market is expected to witness a steady growth during the forecast period 2016 – 2023


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The global airport security market is expected to witness a steady growth during the forecast period 2016 – 2023
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According to a new market report published by Credence Research, Inc. ?Airport Security Market (By Technology (Surveillance, Access Control, Perimeter Security, Screening, and Cyber Security among Others), By Geography (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 ? 2023?, the global airport security market is expected to witness a steady growth during the forecast period 2016 ? 2023, reaching US$ 12.72 Bn by 2023.

Browse the full Airport Security Market- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 ? 2023 report at http://www.credenceresearch.com/report/airport-security-market

Product Insights

The combination of growing terrorism threats and willingness shown by the countries to invest in the development of airport security infrastructure are the major factors supporting deployment of security technologies at airports. With the perpetual growth in air passenger traffic, airport authorities are deploying smart and intelligent checkpoint solutions to improve their operational efficiency. Compliance with the aviation legislations has forced airport authorities to upgrade their existing security infrastructure, thereby driving new installations. For instance, the airport authorities in Europe were required to deploy sufficient airfield and perimeter security by 2015 as per an EU directive. While the developed markets like Europe and North America are presumed to witness incremental growth, Asia Pacific and Middle-East region are poised to experience a considerable uptrend.

Competitive Insights

The global airport security market is technology driven and is in the early stage of maturation. The global airport security technology market is highly reactive as players in the market are primarily focused on addressing known threats rather preventing unidentified threats alongside. Some of the leading and promising players identified in the global airport security market include American Science and Engineering Inc., OSI Systems, Inc., Smith Detection, Safran Identity & Security (Morpho Detection), L-3 Communications Holdings, Lockheed Martin, Hitachi Ltd., C.E.I.A S.p.A, Siemens AG, Bosch Security Systems, and FLIR Systems among others.  The technology providers must focus on rolling out advanced security technologies that can be easily integrated with intelligent system designs to enhance airport operational efficiency. Small players are merging and forming strategic partnerships with the established players as the market moves towards consolidation. On the other hand, a new entrant is required to make substantial capital investment and have dedicated research and development budget to come-up with innovative solutions. Growing security concerns coupled with rigorous aviation legislations bodes well for the market growth and competition. 

By Technology

  • Screening
  • Surveillance
  • Access Control
  • Cybersecurity
  • Perimeter Security
  • Others

Key Trends

  • Compliance with stringent security measures and aviation legislations to support market demand
  • Investments are made in developing robust airport security infrastructure across the globe
  • Growing security concerns over rising terrorist threats
  • High upfront cost and privacy intrusion

Browse the full Airport Security Market- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 ? 2023 report at http://www.credenceresearch.com/report/airport-security-market

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Airport security refers to the techniques and methods used in an attempt to protect passengers, staff and planes which use the airports from accidental/malicious harm, crime and other threats.

Aviation security is a combination of human and material resources to safeguard civil aviation against unlawful interference. Unlawful interference could be acts of terrorism, sabotage, threat to life and property, communication of false threat, bombing etc.

Airport security attempts to prevent any threats or potentially dangerous situations from arising or entering the country. If airport security does succeed then the chances of any dangerous situation, illegal items or threats entering into an aircraft, country or airport are greatly reduced. As such, airport security serves several purposes: To protect the airport and country from any threatening events, to reassure the traveling public that they are safe and to protect the country and their people. Source: Wikipedia

How Airport Security Works?

Terrorism has been a problem for airlines and air travelers since the 1970s, when hijackings and bombings became the method of choice for subversive, militant organizations around the world. Although security at airports has always been tight, the 9/11 attacks woke many people up to a harsh reality -- it wasn't tight enough.

On that day, men armed with simple box cutters took over four passenger jets and used them as flying bombs. What security measures might have stopped them? How has airport security changed since then? According to the Department of Homeland Security, 730 million people travel on passenger jets every year, while more than 700 million pieces of their baggage are screened­ for explosives and other dangerous items. In this article, we'll find out how high-tech solutions are being used to make flying as safe as possible -- and we'll also consider if what we are doing is enough.

[Ref: science.howstuffworks.com]

 

About:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared for this task.

Blog:http://www.mobilecomputingtoday.co.uk/4931/global-airport-security-market-reach-12-72-2023-credence-research/

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