Overview and Scope
Airport and marine port security refers to an ecosystem which provides safety to air cargos and protection of vessels, both internally and externally. It also refers to the measures taken to ensure that treaties signed with other countries are properly enforced. It used to protect a shipping port and airport facility from terrorism, other illegal activities, and activists.
Sizing and Forecast
The airport and marine port security market size has grown strongly in recent years. It will grow from $82.35 billion in 2023 to $88.67 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to focus on passenger experience, increased air and maritime traffic, emergence of biometric solutions, integration of it and physical security, international trade and cargo security..
The airport and marine port security market size is expected to see strong growth in the next few years. It will grow to $122.53 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to resilience and emergency preparedness, smart and integrated security systems, biometric and identity verification solutions, rise in passenger and cargo volumes, increasing emphasis on cybersecurity.. Major trends in the forecast period include enhanced threat detection capabilities, biometric authentication and identity verification, cybersecurity integration, use of iot for surveillance and monitoring, adoption of smart and integrated security systems..
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Segmentation & Regional Insights
The airport and marine port security market covered in this report is segmented –
1) By Technology: Surveillance Systems, Physical Access Control Systems, Screening and Scanning Systems, Perimeter Intrusion Detection System, Network Access Control and Security, Real-Time Location Systems
2) By Services: Facility and Asset Management, System Integration, Training and Consulting
3) By Infrastructure: Airport, Marine port
North America was the largest region in the airport and marine port security market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport and marine port security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing internal and external threats are driving the growth of the airport and marine port security market going forward. Internal and external threats refer to the attacks from inside and outside of an organization. Airport and marine port security provide security from attacking with internal and external threats and provide safety to the airports and marine ports. For instance, according to the Transported Asset Protection Association (TAPA) report 2021, a US-based non-profit organization, TAPA has documented nearly 6,463 new cargo threats or attacks across 56 countries in Europe, and the Middle East region for the year 2020. Therefore, the increase in internal and external threats is expected to boost demand for airport and marine port security systems during the forecast period.
Key Industry Players
Major companies operating in the airport and marine port security market report are Tyco International Ltd., L-3 Communications Holdings Inc., Honeywell International Inc., HCL Infosystems Limited, Bosch Security Systems Inc., Smiths Detection Group Ltd., Moran Shipping Agencies Inc., Nedap Automatic Vehicle Identification, FLIR Systems Inc., Safran SA, Saab AB, Unisys Corporation, Huawei Technologies Co. Ltd., Siemens AG, Raytheon Technologies Corporation, Motorola Solutions Inc., James Fisher and Sons Plc, Rapiscan Systems, G4S Limited, Securitas AB, ICTS International N. V., Secom Co. Ltd., Lockheed Martin Corporation, Northrop Grumman Corporation, Axis Communications AB, OSI Systems Inc., Thales Group, Leidos Holdings Inc., Johnson Controls International plc, Allied Universal
The airport and marine port security market report table of contents includes:
1. Executive Summary
2. Airport And Marine Port Security Market Characteristics
3. Airport And Marine Port Security Market Trends And Strategies
4. Airport And Marine Port Security Market – Macro Economic Scenario
5. Global Airport And Marine Port Security Market Size and Growth
….
30. Airport And Marine Port Security Market Competitive Landscape And Company Profiles
31. Airport And Marine Port Security Market Other Major And Innovative Companies
32. Global Airport And Marine Port Security Market Competitive Benchmarking
33. Global Airport And Marine Port Security Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Airport And Marine Port Security Market
35. Airport And Marine Port Security Market Future Outlook and Potential Analysis
36. Appendix
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