Market Research Report
Global Airport Passenger Screening Systems Market - Growth, Trends and Forecast (2018 - 2023)
|Published by||Mordor Intelligence LLP||Product code||597200|
|Published||Content info||110 Pages
Delivery time: 1-2 business days
|Global Airport Passenger Screening Systems Market - Growth, Trends and Forecast (2018 - 2023)|
|Published: April 18, 2018||Content info: 110 Pages||
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 the airport passenger screening systems.
Establishment of New Airports and the Expansion of Existing Projects is Expected to Drive the Market
The growth in middle-class population in the developing regions such as China and India have led to an increase in the air passenger traffic, and this trend is expected to continue in the near future. Furthermore, in order to handle the growth in the air traffic, many airports in different parts of the world have been undergoing expansions which has 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 few of the busiest airports. The growth in the air traffic will shall 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. The Heathrow airport in London, the busiest in the European continent is undergoing expansion. The construction of both Greenfield and Brownfield airports across the world is expected to drive the demand for such systems.
Asia-Pacific Region is 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.
March 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.
June 2017: Changi Airport Group have 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.
Major Players: L-3 SECURITY & DETECTION SYSTEMS INC., ANALOGIC CORPORATION, GARRETT METAL DETECTORS, MORPHO DETECTION INC., RAPISCAN SYSTEM LIMITED, CEIA amongst others.
Reasons to Purchase this Report
The report analyses how the jet fuel price will impact the airport passenger screening system market.
Analyzing various perspectives of the market with the help of Porter's five forces analysis.
The regions that are expected to witness fastest growth during the forecast period.
3 months analyst support along with the Market Estimate sheet in excel.
Report Customization and Benefits:
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.