Illegal and unethical activities on passenger transportation systems are giving rise to the need for effective passenger security systems. Governments in different countries are increasingly investing in solutions for the safety and security of passengers to address potential risks such as illegal intrusion, terrorism, fire, and other hazards. In addition to this, the development of newer technologies for scanning and screening by the key manufacturers is likely to result in lucrative gains in the forecast period.
MARKET DYNAMICS
The passenger security systems market is anticipated to witness substantial growth on account of increasing focus of the government toward the safety of the passengers and growing instances of hijack and terrorist activities. Furthermore, the increasing global count of travelers and the need for smart safety solutions to accommodate the growing numbers effectively is likely to propel the market growth. On the other hand, increasing investments by the government for security and safety measures would offer lucrative opportunities for the key players operating in the passenger security systems market during the forecast period.
MARKET SCOPE
The "Global Passenger security systems Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of passenger security systems market with detailed market segmentation by type, end user, and geography. The global passenger security systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading passenger security systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global passenger security systems market is segmented on the basis of type and end user. Based on type, the market is segmented as human screening, baggage inspection, explosive detection, video surveillance, intrusion detection and prevention, and others. On the basis of the end user, the market is segmented as airports, seaports, railway stations, and bus stations.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global passenger security systems market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The passenger security systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting passenger security systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis on a global scenario.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global passenger security systems market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The passenger security systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting passenger security systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis on a global scenario.
MARKET PLAYERS
The reports cover key developments in the passenger security systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from passenger security systems market are anticipated to lucrative growth opportunities in the future with the rising demand for passenger security systems in the global market. Below mentioned is the list of few companies engaged in the passenger security systems market.
The report also includes the profiles of key passenger security systems companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Bosch Sicherheitssysteme GmbH
- C.E.I.A. SpA
- FLIR Systems, Inc.
- Halma plc
- Honeywell International Inc
- L3 Technologies
- Rapiscan Systems (OSI Systems)
- Sensurity LTD
- Siemens AG
- Smiths Group plc
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Passenger Security Systems Market - By Type
1.3.2 Passenger Security Systems Market - By End User
1.3.3 Passenger Security Systems Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PASSENGER SECURITY SYSTEMS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. PASSENGER SECURITY SYSTEMS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PASSENGER SECURITY SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1. PASSENGER SECURITY SYSTEMS - GLOBAL MARKET OVERVIEW
6.2. PASSENGER SECURITY SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PASSENGER SECURITY SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PEOPLE SCREENING
7.3.1. Overview
7.3.2. People Screening Market Forecast and Analysis
7.4. BAGGAGE INSPECTION
7.4.1. Overview
7.4.2. Baggage Inspection Market Forecast and Analysis
7.5. EXPLOSIVE DETECTION
7.5.1. Overview
7.5.2. Explosive Detection Market Forecast and Analysis
7.6. VIDEO SURVEILLANCE
7.6.1. Overview
7.6.2. Video Surveillance Market Forecast and Analysis
7.7. INTRUSION DETECTION AND PREVENTION
7.7.1. Overview
7.7.2. Intrusion Detection and Prevention Market Forecast and Analysis
7.8. FIRE SAFETY
7.8.1. Overview
7.8.2. Fire safety Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. PASSENGER SECURITY SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. AIRPORTS
8.3.1. Overview
8.3.2. Airports Market Forecast and Analysis
8.4. SEAPORTS
8.4.1. Overview
8.4.2. Seaports Market Forecast and Analysis
8.5. RAILWAY STATIONS
8.5.1. Overview
8.5.2. Railway Stations Market Forecast and Analysis
8.6. BUS STATIONS
8.6.1. Overview
8.6.2. Bus Stations Market Forecast and Analysis
9. PASSENGER SECURITY SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Passenger Security Systems Market Overview
9.1.2 North America Passenger Security Systems Market Forecasts and Analysis
9.1.3 North America Passenger Security Systems Market Forecasts and Analysis - By Type
9.1.4 North America Passenger Security Systems Market Forecasts and Analysis - By End User
9.1.5 North America Passenger Security Systems Market Forecasts and Analysis - By Countries
9.1.5.1 United States Passenger Security Systems Market
9.1.5.1.1 United States Passenger Security Systems Market by Type
9.1.5.1.2 United States Passenger Security Systems Market by End User
9.1.5.2 Canada Passenger Security Systems Market
9.1.5.2.1 Canada Passenger Security Systems Market by Type
9.1.5.2.2 Canada Passenger Security Systems Market by End User
9.1.5.3 Mexico Passenger Security Systems Market
9.1.5.3.1 Mexico Passenger Security Systems Market by Type
9.1.5.3.2 Mexico Passenger Security Systems Market by End User
9.2. EUROPE
9.2.1 Europe Passenger Security Systems Market Overview
9.2.2 Europe Passenger Security Systems Market Forecasts and Analysis
9.2.3 Europe Passenger Security Systems Market Forecasts and Analysis - By Type
9.2.4 Europe Passenger Security Systems Market Forecasts and Analysis - By End User
9.2.5 Europe Passenger Security Systems Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Passenger Security Systems Market
9.2.5.1.1 Germany Passenger Security Systems Market by Type
9.2.5.1.2 Germany Passenger Security Systems Market by End User
9.2.5.2 France Passenger Security Systems Market
9.2.5.2.1 France Passenger Security Systems Market by Type
9.2.5.2.2 France Passenger Security Systems Market by End User
9.2.5.3 Italy Passenger Security Systems Market
9.2.5.3.1 Italy Passenger Security Systems Market by Type
9.2.5.3.2 Italy Passenger Security Systems Market by End User
9.2.5.4 United Kingdom Passenger Security Systems Market
9.2.5.4.1 United Kingdom Passenger Security Systems Market by Type
9.2.5.4.2 United Kingdom Passenger Security Systems Market by End User
9.2.5.5 Russia Passenger Security Systems Market
9.2.5.5.1 Russia Passenger Security Systems Market by Type
9.2.5.5.2 Russia Passenger Security Systems Market by End User
9.2.5.6 Rest of Europe Passenger Security Systems Market
9.2.5.6.1 Rest of Europe Passenger Security Systems Market by Type
9.2.5.6.2 Rest of Europe Passenger Security Systems Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Passenger Security Systems Market Overview
9.3.2 Asia-Pacific Passenger Security Systems Market Forecasts and Analysis
9.3.3 Asia-Pacific Passenger Security Systems Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Passenger Security Systems Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Passenger Security Systems Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Passenger Security Systems Market
9.3.5.1.1 Australia Passenger Security Systems Market by Type
9.3.5.1.2 Australia Passenger Security Systems Market by End User
9.3.5.2 China Passenger Security Systems Market
9.3.5.2.1 China Passenger Security Systems Market by Type
9.3.5.2.2 China Passenger Security Systems Market by End User
9.3.5.3 India Passenger Security Systems Market
9.3.5.3.1 India Passenger Security Systems Market by Type
9.3.5.3.2 India Passenger Security Systems Market by End User
9.3.5.4 Japan Passenger Security Systems Market
9.3.5.4.1 Japan Passenger Security Systems Market by Type
9.3.5.4.2 Japan Passenger Security Systems Market by End User
9.3.5.5 South Korea Passenger Security Systems Market
9.3.5.5.1 South Korea Passenger Security Systems Market by Type
9.3.5.5.2 South Korea Passenger Security Systems Market by End User
9.3.5.6 Rest of Asia-Pacific Passenger Security Systems Market
9.3.5.6.1 Rest of Asia-Pacific Passenger Security Systems Market by Type
9.3.5.6.2 Rest of Asia-Pacific Passenger Security Systems Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Passenger Security Systems Market Overview
9.4.2 Middle East and Africa Passenger Security Systems Market Forecasts and Analysis
9.4.3 Middle East and Africa Passenger Security Systems Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Passenger Security Systems Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Passenger Security Systems Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Passenger Security Systems Market
9.4.5.1.1 South Africa Passenger Security Systems Market by Type
9.4.5.1.2 South Africa Passenger Security Systems Market by End User
9.4.5.2 Saudi Arabia Passenger Security Systems Market
9.4.5.2.1 Saudi Arabia Passenger Security Systems Market by Type
9.4.5.2.2 Saudi Arabia Passenger Security Systems Market by End User
9.4.5.3 U.A.E Passenger Security Systems Market
9.4.5.3.1 U.A.E Passenger Security Systems Market by Type
9.4.5.3.2 U.A.E Passenger Security Systems Market by End User
9.4.5.4 Rest of Middle East and Africa Passenger Security Systems Market
9.4.5.4.1 Rest of Middle East and Africa Passenger Security Systems Market by Type
9.4.5.4.2 Rest of Middle East and Africa Passenger Security Systems Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Passenger Security Systems Market Overview
9.5.2 South and Central America Passenger Security Systems Market Forecasts and Analysis
9.5.3 South and Central America Passenger Security Systems Market Forecasts and Analysis - By Type
9.5.4 South and Central America Passenger Security Systems Market Forecasts and Analysis - By End User
9.5.5 South and Central America Passenger Security Systems Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Passenger Security Systems Market
9.5.5.1.1 Brazil Passenger Security Systems Market by Type
9.5.5.1.2 Brazil Passenger Security Systems Market by End User
9.5.5.2 Argentina Passenger Security Systems Market
9.5.5.2.1 Argentina Passenger Security Systems Market by Type
9.5.5.2.2 Argentina Passenger Security Systems Market by End User
9.5.5.3 Rest of South and Central America Passenger Security Systems Market
9.5.5.3.1 Rest of South and Central America Passenger Security Systems Market by Type
9.5.5.3.2 Rest of South and Central America Passenger Security Systems Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PASSENGER SECURITY SYSTEMS MARKET, KEY COMPANY PROFILES
11.1. BOSCH SICHERHEITSSYSTEME GMBH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. C.E.I.A. SPA
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FLIR SYSTEMS, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HALMA PLC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HONEYWELL INTERNATIONAL INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. L3 TECHNOLOGIES
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RAPISCAN SYSTEMS (OSI SYSTEMS)
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SENSURITY LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SIEMENS AG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SMITHS GROUP PLC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Bosch Sicherheitssysteme GmbH2.C.E.I.A. SpA3.FLIR Systems, Inc.4.Halma plc5.Honeywell International Inc6.L3 Technologies7.Rapiscan Systems (OSI Systems)8.Sensurity LTD9.Siemens AG10.Smiths Group plc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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