Semiconductors & Electronics Industry Airport Security Market Trends, 2016 to 2024 | Página 2
Hexa Research
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Governmental mandates have driven innovative safety systems, thus propelling market
revenues. Conversely, ‘economic turmoil’ leading to deficiency in funds for new
developments & constructions can hinder the market. Also, the up gradation of old
airports is likely to hamper market flow. High costs of new technologies may prevent
market growth.
Suppliers and distributors execute a pivotal role in procuring small products; like access
controls, CCTV cameras, and hand-held devices. Large-size equipments, such as roadblockers or bollards, x-ray scanners, and detectors are obtained directly from vendors on
lease or purchase orders. The airport security market is divided into technologies and
geographies.
Technologies include access controls, screening, cyber security, surveillance, perimeter
security, and others. Access controls comprise keypads, card readers, vehicle controls, and
biometric authentication.
Screening occupied more than 45% shares in 2015. It encompasses full body scanners or
metal detectors, human pat-down searches, hand-held detectors, and walk-throughs.
Large passenger volumes have boosted advanced screening systems; like backscatters, X ray technology, and millimeter wave. Cyber security technology protects critical data and
IT infrastructure. These details are crucial for computer reservation & global distribution
systems. They are also important for air traffic control information systems.
The said segment would experience the fastest growth till2024. Its growth can be
attributed to innovative technologies and novel trends; such as IoT (Internet of Things),
cloud storage, and Big Data.
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