Market Trends of Airport Security Screening Systems Industry
This section covers the major market trends shaping the Airport Security Screening Systems Market according to our research experts:
Passenger Screening Segment to Experience the Highest Growth During the Forecast Period
Global transportation hubs are susceptible targets of anti-peace activists. An attack on any such location might lead to mass casualties and substantial damage to the economy of the country. As per the International Air Transport Association (IATA), passenger traffic grew by 4.2% during 2019. The rapid growth of air passenger traffic has necessitated radical changes in the SOP of airport terminals to cater to the flow of traffic with minimum capacity constraints while ensuring zero lapses in security protocols. The use of advanced modern weaponry and concealment techniques has led to an augmentation of security implementations at various checkpoints. This, in turn, has driven the installation of advanced screening equipment for personnel and baggage to detect the presence of weapons, explosives, and other threats such as chemical weapons. Moreover, the expansion of air travel, in the form of new airport construction and existing terminal upgrades, is driving the airport security screening systems market. In Africa, several projects are underway in countries such as the Democratic Republic of the Congo, Cameroon, Tanzania, and Kenya to improve the safety, security, and operations of public transport hubs through strategic infrastructure investments and capacity planning as per passenger inflow data collected over the last decade.
Asia-Pacific is Expected to Generate the Highest Demand During the Forecast Period
The Asia-Pacific region is expected to generate the highest demand for airport security screening systems during the forecast period. India and China are investing heavily in the development of new airports. In 2017, the Indian government envisaged the development of approximately 175 new airports with an investment of USD 4.58 billion during 2018-2028 to cater to the country's exponential increase in domestic passenger traffic. China is one of the largest aviation markets and is expected to exhibit dominant growth in the future. Hence, to ensure adequate security, airports are required to use security solutions that can detect concealed explosives or narcotics effectively, without disrupting passenger flow or experience at checkpoints. Also, to tackle the threat of terrorism, in June 2019, the Indian government modified the standard operating procedures (SOPs) of 84 airports to integrate full-body scanners at security checkpoints. By March 2020, the government plans to install such systems at around 84 airports that are categorized as either hypersensitive or sensitive to a terror attack, while the remaining 21 airports are required to adhere to the regulation by March 2021. Furthermore, in the purview of privacy concerns, the approved full-body scanners would generate an image like a mannequin, and the spots requiring further screening would be highlighted in yellow.
