Airport Security Market to cross $16bn by 2024

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Airport Security Market in India to hit 23bn by
2024
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Key Insights from Airport Security Market

• 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 RD 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.

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Continued...

• 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.

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Latest Research Report On Airport Security Market
_at_ http//bit.ly/2gajAZf Request for a sample
of this research report _at_ https//www.gminsights.c
om/request-sample/detail/367
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China airport security market size, by
technology, 2016 2024 (USD Million)

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Regional Analysis

• 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.

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Major Companies in Airport Security Market

• 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

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