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Airport Security Market
Airport Security Market by Offering (Systems (X-Ray Machines, Metal Detectors, Surveillance Systems, Biometric Devices, Others), Services), Application (Access Control, Perimeter Security, Scanning & Screening, Others), and Geography - Global Forecast to 2031
Report ID:MRICT - 1041089 Pages: 200 Aug-2024 Formats*: PDF Category: Information and Communications Technology Delivery: 24 to 72 HoursAirport Security Market Size & Forecast
The Airport Security Market is projected to reach $25.27 billion by 2031, at a CAGR of 8.6% during the forecast period 2024–2031. Some of the major factors driving the growth of this market are stringent government regulations for airport security and the growing number of air passengers. In addition, increasing investment in airport security is expected to offer significant opportunities for the growth of this market. Difficulty in upgrading existing security systems is a challenge in the airport security market. However, the high cost of airport security systems can restrain the growth of this market.
Increasing Investment in Airports Security is Expected to Provide Opportunities for the Airport Security Market Growth
This rapid growth of the aviation industry has put airport operators under pressure to face important challenges such as increasing their capacity, optimizing their processes, diversifying their revenues, being part of the passenger global experience, and of course, providing top security and cybersecurity measures. In this context, digital solutions gave airports the unique opportunity to address all these issues.
Due to this, airports are investing heavily in automation to assure safety and security in addition to operational effectiveness and customer experience. Biometric identity systems, automated surveillance systems, and advanced imaging technology all improve security measures while speeding up screening processes. Automated baggage screening systems with powerful imaging and explosives detection capabilities increase security check accuracy and speed, improving the operational effectiveness of supply chain management in the aviation industry. By reducing the danger of identity fraud and enhancing general security, biometric identification systems, such as facial recognition or fingerprint scanning, enable safe and effective passenger verification operations.
Some of the recent developments:
- In January 2024, the U.K.'s East Midlands airport to undergo a $150 million security renovation. The renovation is expected to speed up security checks and improve passenger experience.
- In September 2023, London Luton Airport (LTN) announced an investment of 30 million GBP to further enhance the passenger experience. This includes a 20 million GPB investment in refurbishing its security hall. Throughout this project, new body scanners and CT scanner technology will be installed at LTN, while further initiatives will help speed up processing times.
- In March 2023, France’s VINCI Airports collaborated with the National French civil aviation agency DGAC to test new equipment that will streamline passenger security checks at Lyon-Saint-Exupéry Airport.
- In April 2022, South Korea announced an investment of over USD 0.22 (300 won) billion to enhance aviation security with advanced technology.
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Key Findings in the Airport Security Market Study:
The Systems Segment is Expected to Grow with Highest CAGR During the Forecasted Period
Increasing adoption of airport security systems and the growing focus of key players on product development and enhancement is expected to drive the segment growth. For instance, in November 2023, Huawei Technologies Co., Ltd. (China) launched a series of brand-new smart airport solutions for international markets, including the Fully Connected Fiber Network Solution and Smart Airport Perimeter Security with Fiber Sensing Solution. In another instance, in October 2023, Leidos (U.S.), a science and technology leader, launched ProSight™, its newest enterprise software platform, which provides airports and commercial organizations with high-risk points of entry with a centralized security management system.
In 2024, the Scanning and Screening is Expected to Dominate the Airport Security Market
Based on application, the airport security market is segmented into access control, perimeter security, scanning and screening, surveillance, and other applications. In 2024, the scanning and screening segment is expected to account for the largest share of the global airport security market. The large share of this segment is mainly attributed to the rising deployment of security systems to prevent prohibited items and other threats to transportation security from entering the sterile area of the airport, rising investment in airport scanning and screening systems to improve passenger experience, and focus of key players to develop innovating scanning and screening products.
- For instance, In December 2023, Fort Lauderdale International Airport (U.S.) selected the R&SQPS Walk2000 walk-through scanner to increase security and provide a streamlined walk-through security experience at its employee screening checkpoints.
- In October 2023, Denver International Airport (DEN) made an additional investment in Rohde & Schwarz QPS201 body scanners to improve passenger security screening at the Jeppesen terminal’s south checkpoint.
- In May 2022 , the Asian Development Bank (ADB) (Philippines), in partnership with UNICEF (U.S.), installed 61 new thermal scanners for screening passengers at ports and airports.
Asia-Pacific to be the Fastest Growing Market
Based on geography, the airport security market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of the airport security market. However, the Asia-Pacific region is expected to grow with the highest CAGR during the forecast period.
The growth of the market is driven by the rising investment to modernize airport infrastructure, the growing need to ensure operational efficiency, and the rising deployment of security systems at the airports. For instance, in September 2021, South [PT9] Korea-based Incheon International Airport Corporation (IIAC) signed a contract with Smiths Detection (U.K.) to install its explosives detection system (EDS) HI-SCAN 10080 XCT for hold baggage screening at Incheon International Airport (ICN) Terminal 2. In another instance, in February [PT10] 2021, Singapore’s Changi Airport Group awarded a contract to Genetec (Canada), a technology provider of integrated security, business intelligence, public safety, and operations solutions, to upgrade its security system.
Airport Security Market: Key Players
The key players operating in the airport security market are Teledyne FLIR LLC (U.S.), Leidos (U.S.), Honeywell International Inc. (U.S.), Robert Bosch GmbH (Germany), Siemens AG (Germany), Hart International (UAE), Covenant Aviation Security, LLC (U.S.), Collins Aerospace (U.S.), Smiths Group plc. (U.K.), Elbit Systems Ltd. (Israel), SITA (Switzerland), Rapiscan Systems (U.S.), Axis Communication AB (Sweden), Thales Group (France), Westminister Group Plc. (U.K) and among others.
Airport Security Market Report Summary:
|
Particulars |
Details |
|
Number of Pages |
200 |
|
Format |
|
|
Forecast Period |
2024-2031 |
|
Base Year |
2023 |
|
CAGR |
8.6% |
|
Estimated Market Size (Value) |
$25.27 billion by 2031 |
|
Segments Covered |
By Offering
By Application
|
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the Rest of Asia-Pacific), Latin America, and the Middle East & Africa. |
|
Key Companies |
Teledyne FLIR LLC (U.S.), Leidos (U.S.), Honeywell International Inc. (U.S.), Robert Bosch GmbH (Germany), Siemens AG (Germany), Hart International (UAE), Covenant Aviation Security, LLC (U.S.), Collins Aerospace (U.S.), Smiths Group plc. (U.K.), Elbit Systems Ltd. (Israel), SITA (Switzerland), Rapiscan Systems (U.S.), Axis Communication AB (Sweden), Thales Group (France), Westminister Group Plc. (U.K) and among others. |
Key questions answered in the report:
The global Airport Security market is projected to reach $25.27 billion by 2031, at a CAGR of 8.6% during the forecast period.
Some of the major factors driving the growth of this market are stringent government regulations for airport security and the growing number of air passengers. In addition, increasing investment in airport security is expected to offer significant opportunities for the growth of this market.
The key players operating in the airport security market are Teledyne FLIR LLC (U.S.), Leidos (U.S.), Honeywell International Inc. (U.S.), Robert Bosch GmbH (Germany), Siemens AG (Germany), Hart International (UAE), Covenant Aviation Security, LLC (U.S.), Collins Aerospace (U.S.), Smiths Group plc. (U.K.), Elbit Systems Ltd. (Israel), SITA (Switzerland), Rapiscan Systems (U.S.), Axis Communication AB (Sweden), Thales Group (France), Westminister Group Plc. (U.K) and among others.
Based on offering, the systems segment is expected to account for the larger share of the global airport security market.
Based on application, the access control segment is expected to record the highest CAGR during the forecast period.
Asia-Pacific is projected to register the highest growth rate over the coming years.
1. Introduction
1.1 Market Definition & Scope
1.2 Currency & Limitations
1.2.1 Currency
1.2.2 Limitations
2. Research Methodology
2.1 Research Approach
2.2 Process of Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3 Market Sizing and Forecast
2.3.1 Market Size Estimation Approach
2.3.2 Growth Forecast Approach
2.4 Assumption for the Study
3. Executive Summary
3.1 Market Overview
3.2 Market Analysis, by Offering
3.3 Market Analysis, by Application
3.4 Market Analysis, by Geography
3.5 Competitive Analysis
4. Market Insights
4.1 Overview
4.2 Factors Affecting Market Growth
4.3 Drivers
4.3.1 Stringent Government Regulations for Airport Security
4.3.2 Growing Number of Air Passengers
4.4 Restraints
4.4.1 High Cost of Airport Security Systems
4.5 Opportunities
4.5.1 Increasing Investment in Airport Security
4.6 Challenges
4.6.1 Difficulty in Upgrading Existing Security Systemes
4.7 Trends
4.8 Case Studies
4.9 Vendor Selection Criteria/Factors Affecting Buying Decision
5. Airport Security Market Assessment, by Offering
5.1 Overview
5.2 Systems
5.2.1 X-Ray Machines
5.2.2 Metal Detectors
5.2.2.1 Walk-Through Metal Detectors
5.2.2.2 Handheld Metal Detectors
5.2.3 Surveillance Systems
5.2.4 Other Systems
5.3 Services
5.3.1 Support and Maintenance Services
5.3.2 Deployment and Integration Services
5.3.3 Consulting and Training Services
6. Airport Security Market Assessment, by Application
6.1 Overview
6.2 Access Control
6.3 Perimeter Security
6.4 Scanning and Screening
6.5 Surveillance
6.6 Other Applications
7. Airport Security Market Assessment, by Country/Region
7.1 North America
7.1.1 U.S.
7.1.2 Canada
7.2 Europe
7.2.1 Germany
7.2.2 U.K.
7.2.3 France
7.2.4 Italy
7.2.5 Spain
7.2.6 Russia
7.2.7 Rest of Europe
7.3 Asia-Pacific
7.3.1 Japan
7.3.2 China
7.3.3 India
7.3.4 South Korea
7.3.5 Rest of Asia-Pacific
7.4 Latin America
7.5 Middle East & Africa
8. Competition Analysis
8.1 Overview
8.2 Key Growth Strategies
8.3 Competitive Dashboard
8.3.1 Industry Leaders
8.3.2 Market Differentiators
8.3.3 Vanguards
8.3.4 Emerging Companies
8.4 Vendor Market Positioning
8.5 Market Ranking, by the Key Players
9. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
9.1 Teledyne FLIR LLC
9.2 Leidos
9.3 Honeywell International Inc.
9.4 Robert Bosch GmbH
9.5 Siemens AG
9.6 Hart International
9.7 Covenant Aviation Security, LLC
9.8 Collins Aerospace
9.9 Smiths Group plc.
9.10 Elbit Systems Ltd.
9.11 SITA
9.12 Rapiscan Systems
9.13 Axis Communication AB
9.14 Thales Group
9.15 Westminister Group Plc.
(Note: SWOT Analysis of the Top 5 Companies Will Be Provided)
10. Appendix
10.1 Available Customizations
10.2 Related Reports
List of Tables
Table 1 Currency Conversion Rates (2021–2024)
Table 2 Global Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 3 Global Airport Security Systems Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 5 Global Airport Security Systems Market for X-Ray Machines, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Airport Security Systems Market for Metal Detectors, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Airport Security Systems Market for Metal Detectors, by Type, 2022–2031 (USD Million)
Table 8 Global Airport Security Systems Market for Walk-Through Metal Detectors, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Airport Security Systems Market for Hand-Held Metal Detectors, by Country/Region, 2022–2031 (USD Million)
Table 10 Global Airport Security Market for Surveillance Systems, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Airport Security Market for Other Systems, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Airport Security Services Market, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 14 Global Airport Security Support and Maintenance Services Market, by Country/Region, 2022–2031 (USD Million)
Table 15 Global Airport Security Deployment and Integration Services Market, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Airport Security Consulting and Training Services Market, by Country/Region, 2022–2031 (USD Million)
Table 17 Global Airport Security Market, by Application, 2022–2031 (USD Million)
Table 18 Global Airport Security Market for Access Control, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Airport Security Market for Perimeter Security, by Country/Region, 2022–2031 (USD Million)
Table 20 Global Airport Security Market for Scanning and Screening, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Airport Security Market for Surveillance, by Country/Region, 2022–2031 (USD Million
Table 22 Global Airport Security Market for Other Applications, by Country/Region, 2022–2031 (USD Million
Table 23 North America: Airport Security Market, by Country, 2022–2031 (USD Million)
Table 24 North America: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 25 North America: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 26 North America: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 27 North America: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 28 North America: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 29 U.S.: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 30 U.S.: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 31 U.S.: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 32 U.S.: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 33 U.S.: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 34 Canada: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 35 Canada: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 36 Canada: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 37 Canada: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 38 Canada: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 39 Europe: Airport Security Market, by Country/Region, 2022–2031 (USD Million)
Table 40 Europe: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 41 Europe: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 42 Europe: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 43 Europe: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 44 Europe: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 45 Germany: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 46 Germany: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 47 Germany: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 48 Germany: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 49 Germany: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 50 U.K.: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 51 U.K.: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 52 U.K.: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 53 U.K.: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 54 U.K.: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 55 France: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 56 France: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 57 France: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 58 France: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 59 France: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 60 Italy: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 61 Italy: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 62 Italy: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 63 Italy: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 64 Italy: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 65 Spain: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 66 Spain: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 67 Spain: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 68 Spain: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 69 Spain: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 70 Rest of Europe: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 71 Rest of Europe: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 72 Rest of Europe: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 73 Rest of Europe: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 74 Rest of Europe: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 75 Asia-Pacific: Airport Security Market, by Country/Region, 2022–2031 (USD Million)
Table 76 Asia-Pacific: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 77 Asia-Pacific: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 78 Asia-Pacific: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 79 Asia-Pacific: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 80 Asia-Pacific: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 81 China: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 82 China: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 83 China: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 84 China: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 85 China: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 86 Japan: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 87 Japan: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 88 Japan: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 89 Japan: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 90 Japan: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 91 India: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 92 India: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 93 India: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 94 India: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 95 India: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 96 South Korea: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 97 South Korea: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 98 South Korea: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 99 South Korea: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 100 South Korea: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 101 Rest of Asia-Pacific: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 102 Rest of Asia-Pacific: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 103 Rest of Asia-Pacific: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 104 Rest of Asia-Pacific: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 105 Rest of Asia-Pacific: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 106 Latin America: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 107 Latin America: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 108 Latin America: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 109 Latin America: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 110 Latin America: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 111 Middle East & Africa: Airport Security Market, by Offering, 2022–2031 (USD Million)
Table 112 Middle East & Africa: Airport Security Systems Market, by Type, 2022–2031 (USD Million)
Table 113 Middle East & Africa: Airport Security Systems Market for Metal Detector, by Type, 2022–2031 (USD Million)
Table 114 Middle East & Africa: Airport Security Services Market, by Type, 2022–2031 (USD Million)
Table 115 Middle East & Africa: Airport Security Market, by Application, 2022–2031 (USD Million)
Table 116 Recent Developments by the Major Market Players (2021–2024)
List of Figures
Figure 1 Research Process
Figure 2 Secondary Sources Referenced for this Study
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 Key Insights
Figure 8 Global Airport Security Market, by Offering, 2024 Vs. 2031 (USD Million)
Figure 9 Global Airport Security Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 10 Geographic Snapshot: Airport Security Market
Figure 11 Impact Analysis of Market Drivers, Restraints, Opportunities, and Challenges
Figure 12 Global Airport Security Market, by Offering, 2024 Vs. 2031 (USD Million)
Figure 13 Global Airport Security Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 14 Global Airport Security Market, by Geography, 2024 Vs. 2031 (USD Million)
Figure 15 Geographic Snapshot: North America Airport Security Market
Figure 16 Geographic Snapshot: Europe Airport Security Market
Figure 17 Geographic Snapshot: Asia-Pacific Airport Security Market
Figure 18 Growth Strategies Adopted by Leading Market Players (2021–2024)
Figure 19 Competitive Dashboard: Airport Security Market
Figure 20 Vendor Market Positioning Analysis (2021–2024)
Figure 21 Teledyne FLIR LLC: Financial Overview
Figure 22 Leidos: Financial Overview
Figure 23 Honeywell International Inc.: Financial Overview
Figure 24 Robert Bosch GmbH: Financial Overview
Figure 25 Siemens AG: Financial Overview
Figure 26 RTX Corporation (Parent Company of Collins Aerospace): Financial Overview
Figure 27 Smiths Group plc.: Financial Overview
Figure 28 Elbit Systems Ltd.: Financial Overview
Figure 29 Rapiscan Systems: Financial Overview
Figure 30 Axis Communication AB: Financial Overview
Figure 31 Thales Group.: Financial Overview
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