The global airport security market size was estimated at USD 8.37 billion in 2014. Such systems encompass devices and software solutions that assist in monitoring, detection, and prevention of threats to the commercial facility. The increase in air travel and passenger volumes have significantly driven the need for efficient and robust security mechanisms. The threat of criminal attacks and terrorism has propelled various governments to tighten their security measures.
Technological advancement and availability of diverse solutions have driven airport security market growth over the past few years. The capability of such systems to integrate with multiple platforms has widened the scope of the industry. Furthermore, real-time data intelligence and reduced time on screening procedures have greatly popularized automated screening equipment. Many large-capacity airports have adopted this trend. For instance, the self-service check-in machines installed at the London Heathrow Airport not only improve passenger experience but also expedite the screening process.
The increase in new airport construction activity and infrastructure upgrades continue to offer lucrative opportunities for the industry. In addition, security legislation is being constantly updated and amended in order to address any terrorist or criminal activity. For example, the U.S. legislation passed on 16th September 2015 requires that all U.S. airports have established procedures for responding to active shooters in response to the actions of the 2013 gunman attack on a TSA Officer at LAX International. Therefore, operators worldwide have been compelled to continually update their security procedures as per legislative norms and remain abreast with the latest technology solutions.
Rising passenger awareness regarding the technology and reducing queue times are expected to serve as key trends for the industry’s growth. Reduction in government spending can adversely impact new airport construction and upgrade activity. Furthermore, the effectiveness of the existing equipment deters operators from opting for new technology solutions. However, technological upgrades and regulatory mandates have propelled adoption of advanced systems. Replacement and upgrading of outdated systems and growing aftersales revenue serve as key opportunities for growth.
U.S. airport security market share by technology, 2012 – 2022 (USD Million)
Access control systems mainly include card readers, keypads, biometric authentication devices and access control for vehicles. Cyber security solutions aim at preservation of critical data and IT infrastructure. Such solutions are of vital importance for Computer Reservations System and Global Distribution System (CRS/GDS), as well as Air Traffic Control (ATC) information systems. These solutions are expected to post highest growth rate over the forecast period.
Perimeter security broadly includes equipment and analytics for intrusion detection and perimeter supervision including alarms, sensors, electronic fences, gates, bollards, etc. Screening involves monitoring of people, baggage and cargo and the detection of proscribed objects such as weapons, explosives, narcotics, metals or liquids. Surveillance systems include IP and analog video, ground radar surveillance, and video analytics. Other technologies encompass Command Control Communication & Integration (C3I), lighting, and Building Management Systems (BMS).
The industry has witnessed a major shift in market share among regions. The industry which was primarily dominated by the U.S. is now shifting towards Middle Eastern and Asia Pacific regions. The growing threat of terrorism is a major driver for growth in these regions. In additions, booming economy and growing passenger volumes also act as an enabler for market growth in the Middle East and Asia Pacific.
Over the past few years, there has been a rapid increase in the construction and development of new airports worldwide, particularly in the Middle East and Asia Pacific. Growth in the aviation sector is critical for any region’s economic growth, therefore boosting the inflow of travelers by means for capacity expansion are key strategies adopted globally.
Market Share Insights
The global airport security market is fragmented in nature with diverse solution providers offering products and solutions for a host of functions ranging from scanning and border control to IT and building management. Equipment manufacturers are constantly developing and enhancing their offerings to make the devices more sophisticated and capable of integration with other systems. Within each technology segment, there exist a multitude of industry participants vying for market share. Credibility and reliability of product offerings are crucial for industry participants.
The threat of criminal attacks and terrorism continues to be the key market driver. Training and maintenance could serve as critical selling points for industry participants. Manufacturers have been focusing on the development of intelligent and integrated solutions that augment the requirement of efficiency and speed. With the proliferation of smartphones and IoT, smart security solutions are expected to play a key role in market growth. Expansion and construction programs offer lucrative opportunities for vendors over the coming years.
Key participants include American Science and Engineering Inc., Bosch, C.E.I.A SpA, Hitachi Ltd., L-3 Communications, Lockheed Martin, OSI Systems Inc., Safran Morpho, Siemens AG, and Smiths Detection.
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