The report, now available on ASDReports, recognizes the following companies as the key players in the global airport e-gates market: Gemalto, NEC, Safran, and Vision-Box.
Other Prominent Vendors in the market are: AOptix, Atos, Automatic Systems, Ayonix, eGate Solutions, and SITA.
Commenting on the report, an analyst said: “Emergence of multimodal biometrics is a key trend for this market. Multimodal biometrics include the combination of two or more biometric technologies for verification. Multimodal biometrics provides more accuracy because it identifies an individual through the use of two or more biometric technologies for authentication. These biometric systems are accurate, reliable, and secure, which is why they are widely adopted for applications such as border control. Some multimodal biometrics are available with both fingerprint and finger vein recognition technology in a single device, which saves the cost of buying two biometric devices. Multimodal biometrics is gaining prominence worldwide.”
According to the report, Fast Travel Program by IATA is a key driver for this market. Long queues at the arrival and departure terminals to complete the verification process are a common sight in airports. It is estimated by IATA that over 50% of passengers worldwide prefer more self-service options to speed up the verification procedures. Apart from reducing the delay in process points, IATA’s Fast Travel Program enables annual savings of around $2.1 billion for the aviation industry as it cuts down on personnel training and hiring of personnel for security check.
Further, the report states that space constraints in airports is a challenge to market growth. Space constraints in airports are likely to become an increasing concern for the deployment of e-gates worldwide. This is expected to become an increasingly important issue particularly because the Transportation Security Administration (TSA), an agency of the US Department of Homeland Security, is seeking to reconfigure checkpoints during the forecast period to accommodate new screening technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Jul 19, 2016