According to a report titled “”””Airport Passenger Screening System Market Forecast, 2021-2028″””” by Fortune Business Insights, the market is projected to witness rapid expansion due to the increasing number of terrorist activities worldwide. This factor is expected to drive the demand for advanced airport passenger screening systems. Fortune Business Insights highlights this observation in their report.
The growing number of concerns related to national security is expected to spur opportunities for the market.The airport passenger screening system market refers to the industry involved in the manufacturing, distribution, and deployment of systems and technologies used for screening passengers and their belongings at airports. These systems are designed to ensure security by detecting prohibited items, weapons, explosives, or other potential threats that could jeopardize the safety of air travel.
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The report provides insights into the following aspects:
- The market research report provides information on various aspects of the Primary Flight Displays Market, including market size, growth rate, and projected revenue.
- Market trends are analyzed in the report through a comprehensive and systematic approach, considering historical data, current market conditions, and future projections.
- The report includes a vendor landscape analysis, offering insights into key market players, their profiles, product offerings, financials, market share, and strategic initiatives.
- Emerging trends are addressed in the report, highlighting new technologies, market segments, and growth opportunities that are gaining prominence in the Primary Flight Displays Market.
- The report highlights major drivers, challenges, and opportunities, such as increasing demand for advanced avionics systems, emphasis on flight safety, regulatory complexities, and emerging markets.
- Regional prospects for the market are analyzed, covering regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- Key market players are identified in the report, along with their preferred strategies, allowing readers to understand the competitive landscape and make informed business decisions.
Market Driver:Increasing Demand for Biometrics to Augment Growth
Presence of Prominent Companies to Augment Growth in North America
The market in North America is expected to witness a high growth rate during the forecast period owing to the existing players such as American Science and Engineering, Inc., Analogic Corporation., and C.E.I.A. SpA. The market in Asia Pacific is expected to hold the largest share in the global market during the forecast period owing to the rising need for airport security. The developing airport infrastructure in China and India is expected to aid expansion in the region. The heavy investments in airports are expected to spur opportunities for the market. Europe is expected to witness a rapid growth rate during the forecast due to a large number of domestic & international airports in the U.K, France, and Germany.
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The global market research report offers a detailed market analysis which contains the future forecast with an acceptable set of prediction, previous data, scientific analysis, thoughtful findings, scientifically-rich information and industry oriented methodology. Apart from this, it contains details like market segments, distribution types, application categories, countries, and products.
Key Development:December 2019:
Leidos and the U.S. transportation security administration was awarded a contract with a valuation of USD 926 million to support maintenance and logistics support services for passenger screening equipment.
August 2019:
Smiths Detection and Falcon group has been awarded a contract with a valuation of USD 23 million to provide advanced detection systems for cargo screening, passenger checkpoints to airports across Egypt.
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