Airport Security Market - Forecast (2021 - 2026)

Airport Security Market Overview:

As per the statistics released by The International Air Transport Association (IATA), the number of air passengers in 2017 reached 4.1 billion, supported by improvements in global economic landscape.[1] With a huge chunk of global population emerging as air-travelers, demand for safety and security from the aviation sector is propelling the airport security market globally. Several factors such as the infamous '9/11 attack', globalization, recurring incidence of smuggling, and surging number of air-travelers has augmented the global airport security market size to reach $8.15 billion in 2018. Primarily driven by the rise in the number of airport development and upgrade projects, the airport security market is estimated to register a CAGR of 9.30% during the forecast period 2019-2025. For example, China is constructing 8 new airports every year with a target to build 216 new airports by 2035. [2]

Airport Security Market Outlook:

Metal detectors, millimeter wave scanners, explosive detection machines, X-ray machines, and explosives trace-detection portal machines are the core constituents employed in airport security assessments. Technology assisting the surveillance systems are blooming as surveillance is the fastest growing airport security measure. The segment is poised to grow at a CAGR of 12.62% through 2025.


Even though APAC has the largest number of air-travelers, with 36.3% of the global share, North America leads the global airport security market in terms of demand. This is attributable to the U.S. holding the largest number of airports globally. With the number of airports exceeding 13,513 in the U.S., the demand for aviation security is witnessing an upsurge.  North America accounted for 27.75% of the global airport security market share in 2018. Apart from extensive security measures taken after the infamous 9/11 incident, other factors influencing the airport security market in North America includes the robust economy in the U.S. and the global surge of industrial output that has intensified inbound air cargo volume in the past few years. Significant air cargo hubs, such as Chicago – O’Hare (ORD), experienced growth of 12.6% in cargo traffic in 2017.[3]



Airport Security Market Growth Drivers:

· The foremost growth driver of the global airport security market is the increasing number of airports globally. Major economies such as the U.S., China and India are constantly upgrading their existing fleet as well as investing in novel infrastructure.

· The global airport security market evolved after the infamous 9/11 attack. Shortly after the terrorist attack, federal administrations globally enforced intense security measures and increased federal interference augmenting the airport security market in an unprecedented way. For instance, U.S., soon after the attack, approved the Aviation and Transportation Security Act (PDF), which created the Transportation Security Administration (TSA) and mandated that federal employees be in charge of airport security screening. Hence, the threat of terror is driving the market.

· Air cargo due to reliable factors such as strengthening of global trade and e-commerce is witnessing a revival across many of the world’s airports. As indicated by the Airports Council International, air cargo volumes at the 20 busiest airports increased by 6.8% in 2017. Guided by various trade bodies, inspection of these goods are mandatory; hence, such voluminous operations are driving the global airport security growth.

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