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Global Airport Aviation Security Market Size study, by Security Type, by System, by Application and Regional Forecasts 2021-2027

Global Airport Aviation Security Market Size study, by Security Type,...

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Global Airport Aviation Security Market Size study, by Security Type, by System, by Application and Regional Forecasts 2021-2027
Global Airport Aviation Security Market...
Report Code
RO2/103/1068

Publish Date
06/Mar/2022

Pages
200
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Global Airport aviation security Market is valued at approximately USD 6.429 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.42 % over the forecast period 2021-2027. Airport aviation security is a system of security, involves many requirements which countries must address relating to effective travel document and border management, information sharing and the identification of high-risk travelers, the screening of people and cargo for security purposes to avoid threats or any destruction. Increase in the security threats,
growing commercial aviation sector has led to the adoption of Airport aviation security across the forecast period. For Instance: As per the IBEF (Indian Brand Equity Foundation) in October 2021, the average daily domestic passenger flight departures stood at >2,300, with the average daily domestic traffic being >283,000 air passengers. Also, with Cross-border terrorism, the adoption & demand for Airport aviation security is likely to increase the market growth during the forecast period. However, high costs impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Airport aviation security market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the implementation of high degree security protocols to counter growing terrorism threats. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rising investment in the aviation sector, government initiatives to connect tier-II cities are responsible for lucrative growth prospects for the Airport aviation security market across Asia Pacific region.

Major market players included in this report are:
FLIR Systems
Lockheed Martin Corporation
Raytheon Co.
Boeing Co.
Northrop Grumman Corp.
Booz Allen Hamilton Inc.
BAE Systems plc.
General Dynamics Corporation
American Science and Engineering Inc
Axis Communication AB
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Security Type:
Access control
Cyber security
Perimeter security
Screening
Surveillance
By System:
X-ray systems
Explosive Detection System (EDS) & Explosive Trace Detection (ETD)
Biological, Radioactive and Nuclear Detection
Metal detectors
By Application:
Passenger Airports
Cargo airports
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Airport Aviation Security Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

FLIR Systems
Lockheed Martin Corporation
Raytheon Co.
Boeing Co.
Northrop Grumman Corp.
Booz Allen Hamilton Inc.
BAE Systems plc.
General Dynamics Corporation
American Science and Engineering Inc
Axis Communication AB

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