The global airport automated security screening market size was US$ 860 billion in 2021. The global airport automated security screening market is forecast to grow to US$ 1020.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 2.1% during the forecast period from 2022 to 2030.
Factors Influencing the Market
The growing adoption of new technologies in airport automated security screening is primarily driving the market's growth. In addition, the growing focus of airport authorities toward broadening security coverage is forecast to benefit the global airport automated security screening market.
Rising spending on enhancing airport security will propel the airport automated security screening market forward. In addition, growing traffic on airports will surge the growth of the airport automated security screening market.
The increasing advancements in the industry will boost the growth of the global airport automated security screening market. For instance, Rapiscan System's ORION series qualified for TSA air cargo screening in 2020.
Growing urbanization and employment rate are forecast to contribute to the growth of the global airport automated security screening market during the study period.
The growing number of airports and increasing demand for industrial automation items are forecast to contribute to the growth of the global airport automated security screening market.
COVID-19 Impact Analysis
The wake of the COVID-19 pandemic negatively impacted the overall airline industry. The pandemic resulted in lockdowns and international air travel bans. As a result, it wreaked havoc on airports and airport-related facilities around the world. However, the economies have begun to recover and the demand for cleaning and sanitization is increasing. Apart from that, the demand for automated security screening systems at airports is also forecast to increase during the forecast period.
The increasing concerns over security are expected to propel the Asia-Pacific airport automated security screening market forward.
Regional Analysis
Asia-Pacific is forecast to emerge as the largest airport automated security screening market, followed by North America. The growth of the market is attributed to the growing number of airports and increasing advancements in the sector. Furthermore, rising urbanization and favorable government policies are forecast to benefit the regional market.
The growth of the airport automated security screening market is also attributed to the growing automation and increasing disposable income.
Competitors in the Market
Market Segmentation
The global airport automated security screening market segmentation focuses on Application, End-User, and Region.
Based on the application, the airport automated security screening market has been segmented into–
Based on the end-user, the airport automated security screening market has been segmented into –
Based on the region, the airport automated security screening market has been segmented into –