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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Passenger Security Market is.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Passenger Security Market is."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Passenger Security Market is set to see healthy CAGR during 2018 to 2024: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Europe will grow significantly in the passenger security market share owing to increasing tourist arrival in the region along with upgradation in security systems to implement new technologies. Multiple airports including Manchester Airport, Gatwick Airport, and Marseille Provence Airport are investing in expansion projects to enhance the tourists travelling experience. For instance, Manchester Airport is investing around USD 1.26 billion in airport expansion project along with 2 new security halls with advanced technologies. In addition, in April 2019, the Manchester Airports Group announced that group will install new security scanners to enhance safety and speed up operations. Regional Analysis of Passenger Security Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Passenger Security Market :  Based on security, the baggage inspection system will showcase considerable growth rate in passenger security market owing to the mandatory checking of all baggage prior to flight boarding. The continuous increasing air passenger volume along with the requirement for speedy and high security solutions are enabling industry participants to develop advanced inspection systems. Industry participants are signing long term contracts with several airport authorities to upgrade their inspection systems with real time tomography to improve passenger safety significantly.  Based on end user, the seaport will grow significantly in passenger security market share owing to stringent security regulations. The International Maritime Organization introduced the International Ship and Port Facility Security (ISPS) Code in 2004. According to these codes the access to secured areas should be controlled at all time to prevent access of unauthorized vehicles and persons.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The industry participants in the passenger security market share includes Advanced Perimeter Systems Ltd., Axis Communications AB., Adani Systems Inc., Autoclear, LLC., Bosch Security Systems GmbH, and C.E.I.A. SpA. The other players in the industry includes FLIR Systems, Inc., Honeywell International Inc, L3 Security & Detection Systems, Navtech Radar, Siemens, Sensurity LTD, and Rapiscan Systems.  The companies also focus on strategic partnership with several management platforms to integrate their solutions with different interface that support the passenger security market growth. For instance, in April 2019, Sensurity LTD integrated its solutions and systems with Genetec security management platform. This enabled the company to integrate their solutions with additional premier detection technologies including video surveillance, access control, and communications and analytics. Competitive Market Share of Passenger Security Market :

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Passenger Security Market @ http://bit.ly/2NYZuEM http://bit.ly/2NYZuEM Request for an in-depth table of contents for this report @ http://bit.ly/2LpsGTm http://bit.ly/2LpsGTm

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