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Global Passenger Security Market Analysis, Trends, Growth: By Equipment Type: Baggage Inspection System, Explosive Detection System, Video Surveillance System, Intrusion Detection and Prevention Systems, Fire Safety and Detection System, People Screening Systems, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Global Passenger Security Market Outlook
The global passenger security market attained a value of USD 6.10 billion in 2023. The passenger security market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.10% to reach USD 11.32 billion by 2032.
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The industry is likely to be propelled by the increased demand for cybersecurity solutions, improved technology, and the rising passenger traffic.
Properties and Applications
Passenger safety plays a crucial role in any nation’s transportation policy and organisations concentrate on improving service quality and safety from threats, including cybersecurity.
Based on the equipment type, the passenger security market can be divided into:
- Baggage Inspection System
- Explosive Detection System
- Video Surveillance System
- Intrusion Detection and Prevention Systems
- Fire Safety and Detection System
- People Screening Systems
- Others
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The passenger security market can be broadly categorised based on its end-use into:
- Airports
- Train Stations
- Bus Stations
- Seaports
- Others
The EMR report looks into the regional passenger security markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
Some of the major drivers propelling the passenger security market growth include the rising technological advancements for scanners and baggage control systems, the increasing demand for expanding airports and seaports, and the recent technological advancements in passenger safety. The rising risk of cybersecurity can impede the passenger security market growth in the coming years.
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During the planned timeframe, passenger safety will be driven by the commercial airport segment. The increasing traffic in air passengers drives the growth in the aviation industry, resulting in the development of existing airports and the construction of new airports. The rising demand for security systems at the airport is fuelling the passenger security market growth.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global passenger security market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Adani Systems Inc.
- Advanced Perimeter Systems Limited
- Autoclear LLC
- Axis Communications AB
- Bosch Sicherheitssysteme GmbH
- L3Harris Technologies, Inc.
- C.E.I.A. S.p.A.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Equipment Type |
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| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Passenger Security Market Analysis
8.1 Key Industry Highlights
8.2 Global Passenger Security Historical Market (2018-2023)
8.3 Global Passenger Security Market Forecast (2024-2032)
8.4 Global Passenger Security Market by Equipment Type
8.4.1 Baggage Inspection System
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Explosive Detection System
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Video Surveillance System
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Intrusion Detection and Prevention Systems
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Fire Safety and Detection System
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 People Screening Systems
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Global Passenger Security Market by End Use
8.5.1 Airports
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Train Stations
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Bus Stations
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Seaports
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Passenger Security Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Passenger Security Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Passenger Security Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Passenger Security Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Passenger Security Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Passenger Security Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Adani Systems Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Advanced Perimeter Systems Limited
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Autoclear LLC
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Axis Communications AB
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Bosch Sicherheitssysteme GmbH
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 L3Harris Technologies, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 C.E.I.A. S.p.A.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Passenger Security Market: Key Industry Highlights, 2018 and 2032
2. Global Passenger Security Historical Market: Breakup by Equipment Type (USD Billion), 2018-2023
3. Global Passenger Security Market Forecast: Breakup by Equipment Type (USD Billion), 2024-2032
4. Global Passenger Security Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Passenger Security Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Passenger Security Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Passenger Security Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Passenger Security Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Passenger Security Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Passenger Security Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Passenger Security Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Passenger Security Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Passenger Security Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Passenger Security Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Passenger Security Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Passenger Security Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Passenger Security Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Passenger Security Market Structure
Key Questions Answered in the Report
In 2023, the global passenger security market attained a value of nearly USD 6.10 billion.
The market is projected to grow at a CAGR of 7.10% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 11.32 billion by 2032.
The major drivers of the market are increased demand for cybersecurity solutions and growing passenger traffic.
The key trends guiding the growth of the market include the growth of the aviation industry and advancements in technology.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading equipment types of passenger security in the market are baggage inspection system, explosive detection system, video surveillance system, intrusion detection and prevention systems, fire safety and detection system, and people screening systems, among others.
The major end uses of passenger security in the market are airports, train stations, bus stations, and seaports, among others.
The major players in the global passenger security market are Adani Systems Inc., Advanced Perimeter Systems Limited, Autoclear LLC, Axis Communications AB, Bosch Sicherheitssysteme GmbH, L3Harris Technologies, Inc., and C.E.I.A. S.p.A., among others.
Analyst Review
The global passenger security market attained a value of USD 6.10 billion in 2023, driven by the increasing demand for cybersecurity solutions. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.10%. The passenger security market is projected to reach USD 11.32 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its equipment types, the passenger security industry can be segmented into baggage inspection system, explosive detection system, video surveillance system, intrusion detection and prevention systems, fire safety and detection system, people screening systems, and others. On the basis of end use, the industry is divided into airports, train stations, bus stations, seaports, and others. The major regional markets for passenger security are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Adani Systems Inc., Advanced Perimeter Systems Limited, Autoclear LLC, Axis Communications AB, Bosch Sicherheitssysteme GmbH, L3Harris Technologies, Inc., and C.E.I.A. S.p.A., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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