Airport Security Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Airport Security Market was valued at USD 17.4 billion in 2023 and is projected to grow at a CAGR of over 7.5% from 2024 to 2032. The adoption of next-generation security screening technologies is significantly enhancing the efficiency of airport security processes. Advanced scanners that permit laptops and liquids to stay in carry-on bags are streamlining screenings. This innovation accelerates the security checkpoint process and enriches the passenger experience by curtailing disruptions and reducing wait times.

Travelers seek a smooth airport experience, emphasizing minimal disruptions and swift processes. This quest for convenience has spurred the demand for security systems that curtail wait times and simplify procedures. In response, airports are adopting cutting-edge technologies and services to boost efficiency. Such advancements diminish the need for manual intervention during screenings, facilitating quicker passenger throughput and a more pleasant experience.

The overall industry is divided into security type, system, airport model, technology, security area, region

Segmentation of the airport security market by security type includes access control, cyber-security, perimeter security, screening, surveillance, emergency response systems, and others. Notably, the cyber-security segment is the fastest growing, boasting a CAGR of over 9.5% from 2024 to 2032. Airports are harnessing artificial intelligence (AI) and machine learning (ML) to bolster their cybersecurity efforts. These technologies enhance the detection and response to cyber threats. With the capability to analyze vast data sets in real-time, AI and ML algorithms pinpoint patterns and anomalies indicative of potential cyber threats. This proactive stance facilitates early detection and the swift mitigation of security breaches.

Market segmentation by airport model includes airport 1.0 (traditional), airport 2.0 (digital transformation), and airport 3.0 (smart airport). Dominating the market in 2023, the airport 2.0 (digital transformation) segment is projected to surpass USD 13 billion by 2032. Airport 2.0, marked by the infusion of digital technologies into conventional operations, is reshaping airport security. Airports embracing this digital shift are increasingly adopting biometric technologies, such as facial recognition, fingerprint scanning, and iris recognition, for passenger identity verification.

North America airport security industry is set to hit USD 11.5 billion by 2032, driven by advanced technology adoption and rigorous security regulations. Key markets like the U.S. and Canada, buoyed by high passenger volumes and stringent regulatory demands, are leading the charge. A testament to this is the June 2023 initiative by the Canadian Air Transport Security Authority (CATSA), rolling out the 'Verified Traveller' program. This enhanced screening experience is available at select Canadian airports for travelers with special photo ID cards, post extensive background checks.

Product Code: 367

Chapter 1 Scope and Methodology

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360º synopsis, 2024 - 2032
2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2024-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Technology and innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Increased passenger volume
  - 3.7.1.2 Increase development in security technologies
  - 3.7.1.3 Increasing number of cyberattacks targeting critical infrastructure, including airport systems
  - 3.7.1.4 Smart airports and automation
  - 3.7.1.5 Growing demand for hustle free security clearance
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 Privacy concerns
  - 3.7.2.2 Integration and cost
3.8 Growth potential analysis
3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Security Type, 2021 - 2032 (USD Million)

5.1 Access control
5.2 Cyber-security
5.3 Perimeter security
5.4 Screening
5.5 Surveillance
5.6 Emergency response systems
5.7 Others

Chapter 6 Market Estimates and Forecast, By System, 2021 - 2032 (USD Million)

6.1 Key trends
6.2 Metal detectors
6.3 Fiber optic perimeter intrusion
6.4 Backscatter x-ray systems
6.5 Cabin baggage screening systems
6.6 Full-body scanners
6.7 Chemical detection systems
6.8 Explosive trace detectors
6.9 Video surveillance systems
6.10 Access control systems
6.11 Cybersecurity systems
6.12 Others

Chapter 7 Market Estimates and Forecast, By Airport Model, 2021 - 2032 (USD Million)

7.1 Key trends
7.2 Airport 1.0 (traditional model)
7.3 Airport 2.0 (digital transformation)
7.4 Airport 3.0 (smart airport)
7.5 Others

Chapter 8 Market Estimates and Forecast, By Technology, 2021 - 2032 (USD Million)

8.1 Key trends
8.2 Biometrics
- 8.2.1 Facial recognition
- 8.2.2 Fingerprint recognition
- 8.2.3 Iris recognition
- 8.2.4 Voice recognition
- 8.2.5 Palm vein recognition
- 8.2.6 Gait analysis
- 8.2.7 Other biometric methods
8.3 Non-biometric
- 8.3.1 Card-based systems
- 8.3.2 PIN-based systems
- 8.3.3 Token-based systems
- 8.3.4 RFID systems
- 8.3.5 QR code systems
- 8.3.6 Behavioral analysis systems
- 8.3.7 Other non-biometric systems

Chapter 9 Market Estimates and Forecast, By Security Area, 2021 - 2032 (USD Million)

9.1 Key trends
9.2 Landside (public areas before security checkpoints)
9.3 Airside (secure areas after checkpoints)
9.4 Perimeter
9.5 Air traffic control
9.6 Cargo handling
9.7 Others

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Million)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 ANZ
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 UAE
- 10.6.2 Saudi Arabia
- 10.6.3 South Africa
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 American Science and Engineering Inc
11.2 Axis Communication AB
11.3 Bosch Security Systems
11.4 Cognitec Systems GmbH
11.5 dormakaba Group
11.6 FLIR Systems Inc.
11.7 Genetec Inc.
11.8 Hangzhou Hikvision Digital Technology Co., Ltd.
11.9 Honeywell International Inc.
11.10 Indra Sistemas, S.A.
11.11 NEC Corporation
11.12 Nuctech Technology Co, Ltd.
11.13 Rapiscan Systems
11.14 Raytheon Technologies
11.15 Safran Group
11.16 Siemens AG
11.17 SITA
11.18 Smiths Detection Inc.
11.19 Thales Group
11.20 Unisys Corporation
11.21 Westminister Group Plc.