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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Airport Security Market in India to hit $23bn by 2024
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Airport Security Market size is set to exceed USD 16 billion by 2024; according to a new research report by Global Market Insights, Inc.High penetration of these solutions is due to the demand for advanced security systems such as biometrics in identity and access monitoring, contactless entryway checkpoints, x-ray scanners, and thermal cameras. Conventional security measures employ invasive procedures and protocols such as physical checks and body pat-downs which are highly uncomfortable. To boost passenger convenience, airport security market vendors are investing in R&D activities for the development of technologies such as x-ray scanners. In high-risk settings, preventive measures are required over reactive technologies. In such cases, it is essential to track and forecast security threats in contrast to taking measures to fix the issues after their occurrence. The rising penetration of smart technologies and IoT in airports is fueling the demand for airport security market. These include technologies such as remote check- ins, sensor equipment, e-gates, RFID baggage reconciliation systems, etc. A major portion of the data is collected in real-time and stored in large central databases. The presence of security issues in such cases can leave the data vulnerable to attacks from internal and external parties. Key Insights from Airport Security Market:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Wireless tracking technologies, for instance, can allow a hacker to utilize triangular algorithms or Received Signal Strength Indication (RSSI) Information to track the location of the Wi-Fi end-point user and unearth historical data such as the route taken by the users, purchasing data, etc. A major factor contributing to the high growth of the airport security market is the increase in the traveler populations, primarily in the Middle East and Asia Pacific. Large scale globalization and rapid industrialization is driving the movement of goods and people across country borders. Owing to this, airports in urban locations are increasingly experiencing high passenger traffic causing governments of varying economies to undertake massive projects for the upgrade of existing technologies and the development of new airports. In the aftermath of the 9/11 attacks, the U.S government has increased the stringency of security procedures in and around the aircraft and passenger areas. The airport surveillance system market is anticipated to exhibit substantial growth during the forecast time-period. These systems are required to be functional at all times and sense multiple movements occurring at varying ranges. Additionally, these systems are supposed to function effectively in intense environmental conditions such as fog and storms and capture images in reduced visibility settings. Continued...
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Airport Security Market @ http://bit.ly/2gajAZfhttp://bit.ly/2gajAZf Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/367
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com China airport security market size, by technology, 2016 & 2024 (USD Million)
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The North America airport security market is anticipated to dominate in terms of revenue in the following years. This is mainly attributed to the high emphasis of the U.S government on security measures such as surveillance cameras and cyber security solutions. The Transportation Security Administration (TSA) has launched the testing of 3D checkpoint scanning technology at the Phoenix Sky Harbor and the Logan International Airport. The computed tomography screening equipment improves the threat detection capabilities by providing a more through 3D image of the screened cargo. The increase in defense and security spending budget is driving the demand of the airport security market in Asia Pacific. Countries experiencing industrialization at a rapid rate, such as India and China, experience high passenger traffic per day. To reduce the inconvenience to travelers, governments in the region are increasingly embracing technologies such as biometrics and full body x-ray scanners that reduce the passenger wait times and speed up the security processes. Regional Analysis
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Thales Group American Science and Engineering, Inc Westminster Group PLC Axis Communications Scanna MSC Ltd. Bosch Security Systems RedXDefense LLC Fisher Research Laboratory Hitachi Ltd Major Companies in Airport Security Market:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media:
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