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Passenger Security - Global Market Outlook (2018-2027)

Passenger Security - Global Market Outlook (2018-2027)

4.8 (85 reviews)
Published: September 2019 ID: SMRC18602
4.8 (85 reviews)
Published: September 2019 ID: SMRC18602

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Passenger Security market accounted for $4.48 billion in 2018 and is expected to reach $9.89 billion by 2027 growing at a CAGR of 9.2% during the forecast period. Growing tourism rising need for passenger security systems and increase in passenger traffic are the key factors driving the market growth. However, increase in cybersecurity risk may hinder the market growth.
 
Passenger security alludes to the systems and strategies utilized trying to ensure travelers, staff, air ship, dispatch, and other transportation modes/stations from unintentional/noxious mischief, wrongdoing, and different dangers.

By End User, the Commercial airport segment is constantly enhancing during forecast period due to the rise in global air passenger traffic owing to  expansion of existing airports and construction of new airports. Based on geography, Europe is likely to have a huge demand due to the expanding traveler traffic and the upgradation of traveler security frameworks with the usage of new advances in this region.

Some of the key players profiled in the Passenger Security market include Bosch Sicherheitssysteme GmbH, Siemens, Honeywell International Inc, Smiths Detection Group Ltd, Adani Systems Inc, L3 Security & Detection Systems, Autoclear LLC, Advanced Perimeter Systems Ltd, C.E.I.A. SPA, Axis Communications AB, Sensurity Ltd, Rapiscan Systems, Navtech Radar, Flir Systems Inc, and SITA.

Types Covered:
• Emergency Screen Management
• Audio Help Point
• Real-Time CCTV System
• Recorded CCTV System
• Other Types

Security Solutions Covered:
• Fire Safety and Detection System 
• Cybersecurity Solutions 
• Access Control/Biometric Systems  
• Video Management Systems  
• Bar-Coded Boarding Systems  
• Perimeter Intrusion Detection Systems  
• Hand-Held Scanners  
• Explosive Trace Detectors  
• Baggage Inspection Systems  
• People Screening Systems 
• Other Security Solutions 

Investment Types Covered:
• New Demand
• Replacement

End Users Covered:
• Aircrafts
• Commercial Airports
• Seaport
• Railway Stations
• Buses
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China        
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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