Airport Passenger Screening Systems Market Analysis
Airport Passenger Screening Systems Market Size Anticipated to reach US$ 4 Billion by 2030, and at a CAGR of 10% by 2022-2030.
Airport Passenger Screening Systems have become an unavoidable reality of the aviation, due to the recent threats faced by this sector. Market Research Future, a firm which specializes in market reports related to the aerospace sector among others. The demand is expected to increase further following development of the screening systems market.
Passenger screening is of vital importance to the aviation sector mainly to protect passengers from untoward threats and to ensure safe passage. Airport passenger systems have been in use since quite some time, the intensification in the level of usage has been primarily due to terror related incidences recently which has led to loss of life. Due to security becoming one of the main issues related to air travel, airports have started to employ screening methods to mitigate these issues which has led to the development of a procedure that comprises of thorough passenger and baggage checks.
These factors have prompted increased demand level for airport passenger screening systems. The market is also highly influenced by one key factor i.e., increase in the levels of passenger travel due to affordability of air travel and rise in the number of flights that have to be processed. The industry is also driven by the demand level created by passenger screening devices that need to be replaced due to the wear and tear caused by round the clock usage over an extended time period. Although the passenger screening systems have a great level of demand, they can find their growth limited due to lack of applications in other sectors where volume is not so high.
Latest Industry Updates:
April 2017 OSI Systems has been awarded a multi-year contract valued at approximately $7 million to provide Rapiscan 620XR baggage and parcel inspection systems, including follow up on maintenance and support services, to a prominent international Smart Airport Authority Market.
Dec 2017 Design Interactive's Screen ADAPT, a visual search training program developed by the DHS Science and Technology Directorate (DHS ST) in collaboration with the TSA, has been employed for use by the Portland airport. The airport security management has stated that Screen ADAPT has improved detection rate and employee morale, leading to improved safety and security at the airport.
Nov 2017 The RS QPS 200 from Rohde Schwarz is the first new people screening system to be certified by the TSA for use at US and international aviation and other security checkpoints. The RS QPS200 security scanner uses safe millimeter wave radio frequency technology to screen passengers automatically for concealed threats while protecting passengers' privacy.
May 2017 The Maternal Group, a globally active IT company and supplier of software and hardware solutions for automated passenger handling throughout the world, achieved a record turnover of €223m in the year 2016. They have also announced that the company has expanded its range self-service bag drop solutions with the debut of the new Drop. Go model, which has been designed to facilitate easy counter mounting. The smallest version of the retrofit series has been developed for a two-step bag drop process
March 2017 Vision-Box in partnership with the Netherlands’ Schiphol airport has announced the next step in its pioneering airport screening automation technology: Seamless Gateway, a system offering passive biometric identification of passengers. Vision-Box’s latest offering helps to automate and streamline the passenger screening process by using cameras to scan passengers’ faces without any need for those passengers to stop for verification, and automatically prompting alternative verification methods when necessary.
Airport Passenger Screening Systems Market - Competitive Analysis
With the entry of new industry players in the global airport passenger screening systems segment, a trend of solid, volume-driven growth has been observed in the market with the addition of new and advanced products. Companies are aiming to capture solidify their share of the market segment, by competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.
The key players in the Airport Passenger Screening Systems Market are CEIA, L-3 Communications Security Detection Systems, Rapi Scan Systems. Some of the other notable players are Smiths Detection, American Science and Engineering, Analogic, AUTOCLEAR, Nuctech, and opt security.
Airport Passenger Screening Systems Market – Segments
Global Airport Passenger Screening Systems Market is segmented on the basis of type and regions.
On the basis of Type: Metal Detectors, Explosive Trace Detectors, Magneto Static Detectors, Full Body Scanners and Advanced Imaging Technologies
On The Basis of Region: North America, Europe, Asia Pacific and ROW.
Airport Passenger Screening Systems Market -Regional Analysis
The global airport passenger screening market is segmented into North America, Europe, APAC, and Rest of the World (RoW). EMEA and Asia Pacific will grow at a CAGR that is lucrative to growth and development of this sector in the region. Europe Middle East and Africa (EMEA) is the leading market with approx. 35% of the market share as of 2015. Asia Pacific will grow at the highest CAGR by 2021. Countries such as China, India, Philippines and Indonesia, are planning to invest over $100 billion in new Airport Market over the next decade to accommodate burgeoning passenger traffic in the region, which would have positive impact on the market. About 30% of global air traffic are from Asia Pacific and is estimated to reach 50% in the next 20 years, which would propel the passenger screening systems market.
Airport Passenger Screening System Market Report by Type (Metal Detectors, Explosive Trace Detectors, Magneto Static Detectors, Full Body Scanners, and Advanced Imaging Technologies), by Airport Type (International Airport and Domestic Airport) and by Region - Global Forecast to 2030. @https://www.marketresearchfuture.com/reports/airport-passenger-screening-systems-market-1271
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