Market Size of Airport Security Screening Systems Industry
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2021 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Airport Security Screening Systems Market Analysis
The Airport Security Screening Systems market is anticipated to grow at a CAGR of more than 5% during the forecast period.
- The level of threat from terrorist organizations using CBRN technologies varies with the choice of dispersal agent, technical expertise of the user, and the mode of delivery. Screening technologies are essential for ensuring the safe operations of commercial aviation. The market in focus is the market is dependent on various regional and intercontinental macroeconomic and geopolitical factors; order books from different end-user agencies; and procurement budgets for integration at key infrastructure locations.
- As screening systems are vital to ensure public safety, any malfunction can result in significant loss of life and property. The privacy concerns about the intrusive technologies used by full-body scanners have restrained their adoption rate, which is affecting the global supply chain. Moreover, the relatively low throughput rate of the current generation of screening systems has resulted in integration challenges, while budget cuts have reduced the number of contracts being awarded for procuring and maintaining such equipment.
- Upcoming technologies, such as wearable scanning sensors and advanced scanning equipment based on experimental laser spectrometry detection technology, are expected to have a key impact on the adoption rate of screening systems at airports.
