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Passenger Security Equipment Market Forecast

According to a new report Global Passenger Security Equipment Market, published by KBV research, the Global Passenger Security Equipment Market size is expected to reach $78.4 billion by 2023, rising at a market growth of 9.3% CAGR during the forecast period.

The North America market holds the largest market share in Global Airports Passenger Security Equipment Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7 % during the forecast period.

The Global Passenger Security Equipment Market size is expected to reach $78.4 billion by 2023, rising at a market growth of 9.3% CAGR during the forecast period. Passenger security equipment is mostly used in securing passengers from accidents, crimes, and other threats. The global passenger security equipment market would grow with a significant growth rate during the forecast period due to increasing incidences of terror activities, especially on public transport infrastructures. Terror attacks are on the rise; therefore, passenger security systems are being installed around the globe to monitor and scan passengers and their luggage.

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Market Segmentation:

Based on Transport Infrastructure, the market report segments the market into

  • Airports: The North America market holds the largest market share in Global Airports Passenger Security Equipment Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7 % during the forecast period.
  • Train Stations: The Europe market is expected to witness a CAGR of 8.1% during (2017 - 2023) in Global Train Stations Passenger Security Equipment Market.
  • Bus Stations: The Asia Pacific market is expected to witness a CAGR of 12.7% during (2017 - 2023) in Global Bus Stations Passenger Security Equipment Market.
  • Seaports

Based on Type, the Global Passenger Security Equipment market segments the market into

  • People Screening Systems: The People Screening Systems market holds the largest market share in Global Passenger Security Equipment Market by Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.3 % during the forecast period.
  • Baggage Inspection System
  • Explosive Detection System: The Explosive Detection System market is expected to witness a CAGR of 8.8% during (2017 - 2023).
  • Intrusion Detection & Prevention System
  • Fire Safety & Detection System: The Fire Safety & Detection System market would garner market size of $7,252.6 million by 2023.
  • Video Surveillance
  • Others

Based on Regions, the Global Passenger Security Equipment market segments the market into

  • North America (U.S, Canada, Mexico, Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, Rest of Asia Pacific)
  • Latin America, Middle East and Africa (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, Rest of LAMEA).

Competition Analysis:

The market research report covers the analysis of key stake holders of the Global Passenger Security Equipment Market. Key companies profiled in the report include Honeywell International, Inc., Orbocomm, L3 Technologies, Inc., Kapsch, Siemens AG, OSI Systems (Rapiscan Systems), Rockwell Collins, Safran Group, Raytheon Group, and Smith Group, Plc.

Related Reports:

North America Passenger Security Equipment Market

Europe Passenger Security Equipment Market

Asia Pacific Passenger Security Equipment Market

LAMEA Passenger Security Equipment Market

The Europe market is expected to witness a CAGR of 8.1% during (2017 – 2023) in Global Train Stations Passenger Security Equipment Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 12.7% during (2017 – 2023) in Global Bus Stations Passenger Security Equipment Market

The People Screening Systems market holds the largest market share in Global Passenger Security Equipment Market by Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.3 % during the forecast period. The Explosive Detection System market is expected to witness a CAGR of 8.8% during (2017 – 2023). Additionally, The Fire Safety & Detection System market would garner market size of $7,252.6 million by 2023.

Full Report: http://kbvresearch.com/passenger-security-equipment-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Passenger Security Equipment Market have been discussed in the report with the elaborated company profiles of Honeywell International, Inc., Orbocomm, L3 Technologies, Inc., Kapsch, Siemens AG, OSI Systems (Rapiscan Systems), Rockwell Collins, Safran Group, Raytheon Group, and Smith Group, Plc.

Global Passenger Security Equipment Market Size

By Transport Infrastructure

  • Airports
  • Train Stations
  • Bus Stations
  • Seaports

By Type

  • People Screening Systems
  • Baggage Inspection System
  • Explosive Detection System
  • Intrusion Detection & Prevention System
  • Fire Safety & Detection System
  • Video Surveillance
  • Others

By Geographies

  • North America Passenger Security Equipment Market
    • US Passenger Security Equipment Market Size
    • Canada Passenger Security Equipment Market Size
    • Mexico Passenger Security Equipment Market Size
    • Rest of North America Passenger Security Equipment Market Size
  • Europe Passenger Security Equipment Market
    • Germany Passenger Security Equipment Market
    • UK Passenger Security Equipment Market
    • France Passenger Security Equipment Market
    • Russia Passenger Security Equipment Market
    • Spain Passenger Security Equipment Market
    • Italy Passenger Security Equipment Market
    • Rest of Europe Passenger Security Equipment Market
  • Asia Pacific Passenger Security Equipment Market
    • China Passenger Security Equipment Market
    • Japan Passenger Security Equipment Market
    • India Passenger Security Equipment Market
    • South Korea Passenger Security Equipment Market
    • Singapore Passenger Security Equipment Market
    • Malaysia Passenger Security Equipment Market
    • Rest of Asia Pacific Passenger Security Equipment Market
  • LAMEA Passenger Security Equipment Market
    • Brazil Passenger Security Equipment Market
    • Argentina Passenger Security Equipment Market
    • UAE Passenger Security Equipment Market
    • Saudi Arabia Passenger Security Equipment Market
    • South Africa Passenger Security Equipment Market
    • Nigeria Passenger Security Equipment Market
    • Rest of LAMEA Passenger Security Equipment Market

Companies Profiled

  • Honeywell International, Inc.
  • Orbocomm
  • L3 Technologies, Inc.
  • Kapsch
  • Siemens AG
  • OSI Systems (Rapiscan Systems)
  • Rockwell Collins
  • Safran Group
  • Raytheon Group
  • Smith Group, Plc.

Unique Offerings from KBV Research

  • Exhaustive coverage of Global Passenger Security Equipment Market Size
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

 

Related Reports:

North America Passenger Security Equipment Market

Europe Passenger Security Equipment Market

Asia Pacific Passenger Security Equipment Market

LAMEA Passenger Security Equipment Market




About the Author

Kusum

https://kbvresearch.com/passenger-security-equipment-market/


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