Airports are one of the technologically enhanced and secured infrastructures in any regions across the globe. The airport authorities constantly eye on integrating their infrastructures with technologically enriched security systems in order to increase the safety of the infrastructure, passengers as well as officials. Various software companies are also participating in the enhancement of these security and surveillance systems, which is increasing the grip of the market in the current scenario.
MARKET SCOPE
The "Global Airport Security Systems Market Analysis to 2028" is a specialized and in-depth study of the airport safety market with a focus on the global market trend. The report aims to provide an overview of the global airport security systems market with detailed market segmentation by platforms, types and geography. The global airport security systems market is expected to witness high growth during the forecast period. The report provides key statistics on the aircraft security systems market status of the leading aircraft security systems market players and offers key trends and opportunities in the Airport Security Systems market.
MARKET SEGMENTATION
? Based on Platforms, the market is segmented as Hardware, and Software
? Based on Types, the market is divided into Surveillance Systems, Access Control Systems, Screening and Scanning Systems, Perimeter Intrusion Detection Systems, Cyber security, and Others.
MARKET DYNAMICS
Drivers:
? Increasing number of terrorist attacks, and illegal activities in airports have led the airport authorities to stringent their security levels so as to provide enhanced passenger and officials safety
? Technological advancements in the field of infrastructure security are increasing the interest of adoption of technologically enriched security and surveillance systems among the airport authorities.
Restraints
? Increase in security of data breaching technologies is inhibiting the adoption of advanced technologies
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global airport security systems market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The airport security systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting airport security systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting factors affecting the airport security systems market in these regions.
IMPACT OF COVID-19 ON AIRPORT SECURITY SYSTEMS MARKET
The COVID-19 pandemic has led to one of the biggest challenges to the sustainability of the aviation industry at the global level. There is a tremendous shift in the airport operations and several other passenger processing changes due to the fast-spreading nature of this disease. The aviation industry, particularly the airport sector, is focusing on providing the passenger a different quality level of service in comparison to the previous norms. There is a steep fall in demand for air transport as a result of the cross-border travel restrictions imposed by governments to restrict the virus's transmission. Many steps have been taken by air companies and the International Air Transport Association (IATA) to prevent the spread of COVID-19. According to IATA, flights are categorized into three levels: (1) high-risk flights, (2) medium-risk flights, and (3) low-risk flights, and differentiated prevention and control measures are applied after a comprehensive evaluation of the outbreak at the place of origin of the flights. Thus, the airport management is bound to be more proactive and capable of implementing digital transformation to ensure the passengers safe and healthy air travel. Therefore, though there has been a slowdown in the growth of airport security systems market due to the impact of COVID-19, the changes and shifts in airport management due to the "new normal" will bolster the growth of airport security systems market.
MARKET PLAYERS
The reports cover key developments in the airport security systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from airport security systems market are anticipated to lucrative growth opportunities in the future with the rising demand for airport security systems market. Below mentioned is the list of few companies engaged in the airport security systems market.
The report also includes the profiles of key airport security systems market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
? Axis Communication
? Bosch Sicherheitssystem GmbH
? FLIR Systems
? Hitachi, Ltd.
? Honeywell International Inc.
? L3Harris Technologies
? Raytheon Technologies
? Smiths Group Plc
? Thales Group
? Westminister Group Plc
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.