Passenger Security Equipment Market by Transport Infrastructure (Airports, Train Station, Bus Stations, and Seaports) and Type (Baggage Inspection System, Explosive Detection System, Video Surveillance, Intrusion Detection and Prevention System, Fire Safety & Detection System, People Screening Systems, and others) - Global Opportunity Analysis and Industry Forecast, 2017-2023
The global passenger security equipment market is expected to reach $79,042 million in 2023, from $43,398 million in 2016, growing at a CAGR of 8.9% from 2017 to 2023. Passenger security refers to a technique, which helps them protect from accidentals harms, crimes, and other threats. Such procedures help the government to avoid any crimes and allow passengers to travel from one place to another without any harm. Honeywell International, Orbocomm, and L-3 Communications are some of the leading key players of the passenger security equipment market.
Increase in terror attacks on public transport infrastructures drives the passenger security equipment market growth. Further, rise in demand of biometrics technologies for identity verification by the government also fuels the market growth. However, high installation cost is anticipated to hinder the passenger security equipment market during the forecast period.
Based on type, the global passenger security equipment market is categorized into baggage inspection system, explosive detection system, video surveillance, intrusion detection and prevention system, fire safety & detection system, people screening systems, and others. The people screening systems segment dominated the global passenger security equipment market, in terms of revenue, and is expected to maintain this trend.
Honeywell International, Orbocomm, L-3 Communications, Kapsch, Siemens AG, Rapiscan Systems, Rockwell Collins, Safran Group, Raytheon Group, and Smiths Group are some of the leading key players of global passenger security equipment market.
KEY MARKET SEGMENTS
BY TRANSPORT INFRASTRUCTURE Airports Train Stations Bus Stations Seaports
BY TYPE Baggage Inspection System Explosive Detection System Video Surveillance Intrusion Detection and Prevention System Fire Safety & Detection System People Screening Systems Others
BY REGION North America U.S. Mexico Canada Europe UK Germany France Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific LAMEA Latin America Middle East Africa
KEY PLAYERS Honeywell International Orbocomm L-3 Communications Kapsch Siemens AG Rapiscan Systems Rockwell Collins Safran Group Raytheon Group Smiths Group
The other players in the value chain include (profiles not included in the report): Anixter Avigilon Harris HID Global Lockheed Martin Northrop Grumman
Our reports have been used by over 10K customers, including:
172 pages •
By Global Industry Analysts
• Jun 2020
Amid the COVID-19 crisis and the looming economic recession, the Trade Surveillance Systems market worldwide will grow by a projected US$1.9 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 19%. Solutions, one of the segments analyzed and sized in this study, is forecast to grow at over 17.6%...
This IDC study presents the forecast of worldwide revenue from the video surveillance camera market."Although the video surveillance camera market will experience a decline in revenue for the first half of 2020, IDC expects that latent demand and the need to increase the safety and security of public spaces will ensure that 2020 overall will...
IP Camera Market Size Analysis and Outlook to 2026- Potential Opportunities, Companies and Forecasts across mounting type, technology and applications across End User Industries and Countries The IP Camera market is one of the dynamic markets sensors technology segment with major factors such as technological advancements,...
185 pages •
By Global Industry Analysts
• May 2020
Amid the COVID-19 crisis and the looming economic recession, the Coastal Surveillance Systems market worldwide will grow by a projected US$7.7 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 3.2%. Command & Control, one of the segments analyzed and sized in this study, is forecast to grow at...
Situation Awareness System Market by Component Type (Network video recorders, Sensors, Global positioning system, Displays, and Others), Product Type (Command & Control System, Fire & Flood Alarm System, Radio Frequency Identification (RFID), Radar, Chemical Biological Radiological and Nuclear (CBRN) Systems, Sonar, Physical Security...
Video surveillance market projected to grow at a CAGR of 10.4% during 2020–2025. The global video surveillance market size is expected to grow from USD 45.5 billion in 2020 to USD 74.6 billion by 2025, at a CAGR of 10.4%. Increasing concerns about public safety and security, growing adoption of IP cameras, and rising demand for wireless...
271 pages •
By Asia Market Information & Development Company
• May 2020
China’s demand for Security and Surveillance Equipment has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export,...
This IDC study reviews the worldwide video surveillance camera market shares for 2019."Although China dominates the video surveillance camera market, signs point to this dominance not continuing in the future," according to Mike Jude, IDC research director for Video Surveillance. "As factors outside the control of the Chinese vendors begin...
120 pages •
By Infiniti Research Limited
• May 2020
Global Analog Security Camera Market 2020-2024 The analyst has been monitoring the analog security camera market and it is poised to grow by USD 460.46 mn during 2020-2024 progressing at a CAGR of 2% during the forecast period. Our reports on analog security camera market provides a holistic analysis, market size and forecast,...
The Global Thermal Scanners Market size is expected to reach $6.7 billion by 2025, rising at a market growth of 10.3% CAGR during the forecast period. The Thermal Scan Monitoring System is an infrared imaging system designed to perform contact wire thermal imaging. The machine is powerful enough to stand outside a train wagon and has an image...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.