New analysis released today by business intelligence consultancy indicates that the global airport passenger screening systems market will reach a value of $963 million in 2013, as rapid expansion of airport infrastructure to accommodate the projected substantial growth in global air traffic.
The airport passenger screening systems market is forecast to record positive and continuous growth over the next decade, in large part due to the fact that security concerns have become an essential part of airport and aviation operations. Large-scale expansion of existing airport capacity around the world, as well as a significant number of new airports throughout the Middle East and Asia, will also contribute to the growth of this market.
The analyst responsible for the new market report, entitled Airport Passenger Screening Systems Market 2013-2023: Technologies for Aviation Security commented that ‘The considerable expansion in airport capacity across the globe is a strong driver of expenditure on airport passenger screening systems. Other key drivers of spending in the airport passenger screening systems market are evolving regulation and technologies; the emergence of low-cost carriers in the developing aviation industries of Asia Pacific and the Middle East, as well a collective effort to integrate technologies to provide multi-layered security systems.’
The 260 page Airport Passenger Screening Systems Market 2013-2023: Technologies for Aviation Security report contains 150 tables, charts and graphs that add visual analysis in order to explain developing trends within the airport passenger screening systems market. This new report provides forecasts for the period 2013-2023 in terms of value (US$) for the global airport passenger screening systems market, as well as for 4 submarkets (traditional metal detectors, advanced body scanners, x-ray inspection systems, additional devices and systems). In addition, 19 leading national airport passenger screening systems markets are forecast and analysed over the period 2013-2023. The report provides profiles of 12 of the leading companies operating within the market, and includes an interview with principal airport passenger screening systems company, Optosecurity Inc. providing expert insight alongside analysis.
The Airport Passenger Screening Systems Market 2013-2023: Technologies for Aviation Security report will be of value to current and future potential investors into the airport passenger screening systems industry, as well as companies and research centres who wish to broaden their knowledge of the airport passenger screening systems market.
Source: ASDReports - Market Research
Date: Nov 20, 2013