Airport and Marine Port Security Market Size, Share, Growth Report 2030

Airport and Marine Port Security Market

Airport and Marine Port Security Market By Port (Airport and Marine Port), By Solution (Physical Assess Control System, Screening and Scanning System, Surveillance Systems, Perimeter Intrusion Detection System, Network Access Control and Security, Real-Time Location Systems) and By Services (Consultation and Designing, System Integration, Managed Services, Maintenance and Support): Global Industry Perspective, Comprehensive Analysis and Forecast, 2021 – 2028

Published Date: 22-Oct-2021 Category: Technology & Media Report Format : PDF Pages: 160 Report Code: ZMR-790 Status : Published

The Global Airport and Marine Port Security Market accounted for more than USD 67.3 Billion in 2020 and is expected to reach USD 123.4 Billion by 2028, growing at a CAGR of more than 8.6% from 2021 to 2028.

Airport and Marine Port Security Market

Airport and Marine Port Security Market Size And Industry Analysis

The Global Airport and Marine Port Security Market accounted for more than USD 67.3 Billion in 2020 and is expected to reach USD 123.4 Billion by 2028, growing at a CAGR of more than 8.6% from 2021 to 2028.

Airports and Marine Ports serves as gateways for entrance of Global Passengers travel and for exchange of goods and services, they are one of the most preferred mode of transportation. The passengers travel and commodity trade produce revenue for Global Economy. So, in order to protect and ensure safety of the passengers and the goods that are being exported and imported the government and other authorities are providing efficient security services at ports. Airports been offered with advanced solutions in order to enhance airport safety and security, along with innovations in implementations of new applications are some of the ongoing trends. Major companies are also focusing on collaborations and partnerships, in order to offer advanced solutions and services to the end users.

Global Airport and Marine Port Security Market Size

COVID-19 Impact Analysis

The Covid-19 pandemic has significantly impacted the business and global economy and has disrupted the supply chains across globe, aviation and maritime industry being among the worst hit industries. The Airport and Marine port have suffered heavy losses when it comes to revenue. Due to the Covid-19 outbreak, majority of operations were at halt or were working with a limited workforce. But certainly, there is an opportunity that new reforms and security protocols as part of Covid-19 for traveler’s healthcare purpose is estimated to drive market growth over the forecast period.

Growth Factors

The major growth factor in the airport and marine port security market is the increase concerns regarding security parameters globally. The airport and marine port security play an important role to restrict the terror threats through ports, driving the global market growth. Governments and other authorities across countries have realized the Importance of security measures at ports, which has led to various government initiatives in order to strengthen the port security. These factors have forecasted to propel the growth in global airport and marine port security market.

The Airports and Marine ports serve as the essential transit for the business operations, security serves as a crucial aspect for the business continuity to sustain. There is an increasing number of both external as well as internal threats along with the rise in the investments in the infrastructure of the marine ports and airports that has resulted in the need for more stringent security regulation. These factors are enabling the airport and marine port security market to grow.

Report Scope :

Report Attribute Details
Base Year 2022
Historic Years 2018 - 2022
Forecast Years 2023 - 2030
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2023 to 2030
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Port Segment Analysis Preview

Airport segment held a share of around 43.67% in 2020. This is attributable to the increasing threats to the Airline industry. Airport security has been one of the key areas of concern due to high value assets and the increasing terror attacks. It is estimated that the airport security will continue to have higher market share in future as well. Marine ports are expected to have a greater growth potential as the marine security needs are growing with increased international trade.

Global Airport and Marine Port Security Market Share

Solutions Segment Analysis Preview

Surveillance and analytics segment is expected to grow with the highest CAGR from 2020-2028 and is anticipated to show fastest growth in the forecast period. This is attributable to the fact that several cameras are been installed at ports for video surveillance. The data that is been generated through video surveillance needs analytical equipment’s. According to recent trends and developments markets are switching from traditional security cameras to IP security cameras due to the integrated real-time analytics in these systems.

Regional Analysis Preview

The North American region held a share of more than 25.68% in 2020 and is expected to dominate the market in the forecast period. This is attributable due to the region’s extensive use and implementation of advanced surveillance devices and applications. This region contributes to around one-third of global business sales. Even, the United States has the world's largest independent airport and marine port surveillance sector. The government implementation and stringent safety precautions introduced amid rising terror is largely supporting the airport and marine port security sector that is seen in North American region. This region is one with the highest share of the market and hence it is projected that fastest growth will be seen in the North American region.

Global Airport and Marine Port Security Market Regional Analysis

The Asia Pacific region is projected to grow at a CAGR of more than 12.3% over the forecast period. The Asia Pacific region would have highest market potential as several ports are being developed in emerging nations which would have security requirements and needs. This region is one of the highest expanding regions, making it a profitable market for airline security systems. There is a significant surge in maritime trade in this region which has been helping in improving the maritime terminal network in the region. This region comprises the highest market owing to some new ports that are been developing, which have security requirements.

Key Market Players & Competitive Landscape

Some of key players in Global Airport and Marine Port Security Market are Siemens, HCL Infosystems, Raytheon, Saab AB, Honeywell International, and FLIR Systems.

The Global Airport and Marine Port Security Market is segmented as follows:

By Port

  • Airport
  • Marine Port

By Solutions

  • Physical Access Control
    • Biometrics
    • Identity Management
    • Automatic Vehicle Identification (AVI)
  • Screening and Scanning
    • Baggage Screening
    • Cargo Screening
  • Surveillance Systems
  • Perimeter Intrusion Detection System
  • Network Access Control and Security
  • Real-Time Location Systems

By Services

  • Consultation and Designing
  • System Integration
  • Managed Services
  • Maintenance and Support

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The Global Airport and Marine Port Security market was valued at more than USD 3,638.9 Million in 2020.

The Global Airport and Marine Port Security market is expected to reach more than USD 3,638.9 Million in 2020 and is expected to reach USD 8,938.6 Million by 2028, growing at a CAGR of more than 6.37% from 2021 to 2028.

Some of the key factors driving the Global Airport and Marine Port Security market growth is the increase concerns regarding security parameters globally. The need of efficient security system because of the continuous increase in the terror threats and the rising investment in infrastructure of travel gateways are some other drivers in this market.

The North American region held a share of 25.68% in 2020 and is expected to dominate the market in the forecast period. This is attributable due to the region’s extensive use and implementation of advanced surveillance devices and applications. This region contributes to around one-third of global business sales.

Some of key players in Global Airport and Marine Port Security Market are Siemens, HCL Infosystems, Raytheon, Saab AB, Honeywell International, and FLIR Systems.

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