The global aviation security market is expected to experience substantial growth over the forecast period. With the increase in security threats, the demand and investment for development of technologies and systems is driving the market. Growing threats of cross border terrorism, human trafficking, piracy, smuggling, drug trade have led to stringent security at airports worldwide. Need for providing access control to critical infrastructure and growing demand for effective immigration control have increased demand for fixed surveillance devices and biometric identification technologies.
Replacement of obsolete security equipment to satiate stringent international security requirements has considerably driven the demand for installation of advanced aviation security devices. Advancements in screening technologies and security infrastructure are expected to favorably impact market growth. Discrepancy in the government regulations and budget restraints can pose a challenge to the aviation security market.
North America and Europe are expected to be key adopters of technologically advanced airport security equipment due to implementation of high degree security protocols to counter growing terrorism threats and prevent the relapse of loopholes which led to the 9/11 attacks. Aviation security has gained prominence in Asia Pacific and the Middle East due to substantial increase in air passenger volume.
Typical equipment used in the aviation security industry includes Explosives Trace Detectors (ETD), automated border control, baggage & cargo x-ray scanners, explosives detection systems, liquid explosive detectors, metal detectors, airport perimeter security, ground radar surveillance, and multi-modal security systems.
Key aviation security market players include Lockheed Martin Corporation, Raytheon Co., Boeing Co., Northrop Grumman Corp., Booz Allen Hamilton Inc., BAE systems plc., and General Dynamics Corporation.
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To address the surge of COVID-19, governments all over the world are developing stringent surveillance mechanisms to ensure that people in high-risk zones, or those instructed to be under strict home quarantine. Smartphone apps integrated with geotagging features have been rolled out by various governments to ensure adherence to social distancing. Health surveillance in the wake of this pandemic has essentially become a mic of technology and human intelligence. The updated report will account for Covid19 as a key market contributor.