The global airport security market size is expected to reach USD 33.77 billion by 2034 according to a new study by Polaris Market Research. The report “Airport Security Market Size, Share, Trends, Industry Analysis Report, By Type (Access Control, Cyber Security, Perimeter Security, Screening, Surveillance, and Others), By Systems & Equipment, By Technology, and By Region -Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Key factors that are responsible for the market growth include the rise in air travel. According to the International Civil Aviation Organization's, (ICAO) and Civil Aviation Statistics of the World staff estimates, there were around 4.5 billion passengers carried on scheduled services in 2019, up 3.6% from the previous year, while the number of departures reached 38.3 million in 2019, up 1.7% from the previous year.
Based on type, the surveillance segment projected to grow at a robust pace in the coming years, owing to the growing concerns such as commodities smuggling and terrorist activity. For detecting terrorists, surveillance includes improved Closed-Circuit Television (CCTV) cameras, facial recognition methods, iris scans, and DNA databanks.
Asia Pacific is estimated to hold the largest share in the market in 2024, due to the significant rise in air traffic in the region. For instance, according to the ICAO, total passenger traffic in the region was 34.7% of the world traffic which is posting a growth of 5.2%.
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Market players such as FLIR Systems Inc., Autoclear LLC, Delta Air Lines Inc., Thales Group, Honeywell International Inc., Robert Bosch GmbH, Axis Communication AB, American Science and Engineering Inc., Siemens AG, OSI Systems Inc., SafranMorpho, and Smiths Detection are some key players operating in the global market.
Several manufacturers are often backing to opt for varied marketing strategies to expand their business operations globally. In March 2021, the automated screening lane (ASL) PAX Compact from Vanderlande has been added to Vanderlande's passenger checkpoint solutions portfolio. This new product is designed specifically for airport safety checkpoints with limited space.
Polaris Market research has segmented the airport security market report on the basis of type, systems and equipment, technology, and region:
Airport Security, Type Outlook (Revenue - USD Billion, 2020 – 2034)
Airport Security, Systems and Equipment Outlook (Revenue - USD Billion, 2020 – 2034)
Airport Security, Technology Outlook (Revenue - USD Billion, 2020 – 2034)
Airport Security, Regional Outlook (Revenue - USD Billion, 2020 – 2034)