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Global Passenger Security Market: By Equipment Type: Baggage Inspection System, Explosive Detection System, Video Surveillance System, Fire Safety and Detection System, Others; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Passenger Security Market Outlook
The global passenger security market attained a value of USD 5 billion in 2020. The passenger security market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 7% to reach USD 31.5 billion by 2026.
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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.
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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
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.
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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.
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
- C.E.I.A. S.p.A.
- L3Harris Technologies, Inc.
- 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Equipment Type, End Use, Region |
| Breakup by Equipment Type | Baggage Inspection System, Explosive Detection System, Video Surveillance System, Intrusion Detection & Prevention Systems, Fire Safety & Detection System, People Screening Systems, Others |
| Breakup by End Use | Airports, Train Stations, Bus Stations, Seaports, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered |
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. |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Passenger Security Market Analysis
8.1 Key Industry Highlights
8.2 Global Passenger Security Historical Market (2017-2021)
8.3 Global Passenger Security Market Forecast (2022-2027)
8.4 Global Passenger Security Market by Equipment Type
8.4.1 Baggage Inspection System
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Explosive Detection System
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Video Surveillance System
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Intrusion Detection and Prevention Systems
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Fire Safety and Detection System
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 People Screening Systems
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2017-2021)
8.4.6.3 Forecast Trend (2022-2027)
8.4.7 Others
8.5 Global Passenger Security Market by End Use
8.5.1 Airports
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Train Stations
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Bus Stations
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Seaports
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Others
8.6 Global Passenger Security Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Adani Systems Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Advanced Perimeter Systems Limited
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Autoclear LLC
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Axis Communications AB
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Bosch Sicherheitssysteme GmbH
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 L3Harris Technologies, Inc.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 C.E.I.A. S.p.A.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Passenger Security Market: Key Industry Highlights, 2017 and 2027
2. Global Passenger Security Historical Market: Breakup by Equipment Type (USD Billion), 2017-2021
3. Global Passenger Security Market Forecast: Breakup by Equipment Type (USD Billion), 2022-2027
4. Global Passenger Security Historical Market: Breakup by End Use (USD Billion), 2017-2021
5. Global Passenger Security Market Forecast: Breakup by End Use (USD Billion), 2022-2027
6. Global Passenger Security Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Passenger Security Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Passenger Security Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Passenger Security Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Passenger Security Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Passenger Security Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Passenger Security Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Passenger Security Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Passenger Security Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Passenger Security Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Passenger Security Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Passenger Security Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Passenger Security Market Structure
Key Questions Answered in the Report
In 2019, the global passenger security market attained a value of nearly USD 5 billion.
The market is projected to grow at a CAGR of 7% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 31.5 billion by 2026.
The major drivers of the industry, such as the increased demand for cybersecurity solutions, improved technology, and the rising passenger traffic, are expected to aid the market growth.
The key market trend guiding the growth of the market includes the increasing traffic in air passengers, which drives the growth in the aviation industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading equipment types of passenger security in the industry 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 the product in the market are airports, train stations, bus stations, and seaports, among others.
The major players in the industry 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 5 billion in 2020, 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 2022-2027, growing at a CAGR of 7%. The passenger security market is projected to reach USD 31.5 billion by 2026.
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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