Market Size of America Airport Passenger Screening Systems Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.26 Billion |
Market Size (2029) | USD 1.95 Billion |
CAGR (2024 - 2029) | 9.20 % |
Fastest Growing Market | North America |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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America Airport Passenger Screening Systems Market Analysis
The America Airport Passenger Screening Systems Market size is estimated at USD 1.26 billion in 2024, and is expected to reach USD 1.95 billion by 2029, growing at a CAGR of 9.20% during the forecast period (2024-2029).
The aviation industry in America is witnessing a significant growth rate. The increase in the air passenger traffic in the region has led to considerable development of airport infrastructure, such as new terminals and terminal expansion, to accommodate more passengers. Such factors will bolster the growth of the market in the region shortly.
Furthermore, the rise in terrorism and illegal trading of illicit goods in America leads to growing demand for advanced airport passenger screening systems in the US, Canada, Mexico, Brazil, and other Latin American countries. Moreover, the rise in terrorism and the trading of illicit goods in America is causing the customs department and airports in the region to deploy advanced passenger screening systems for threat identification.
Furthermore, adopting technology, such as augmented reality, machine learning, artificial intelligence, and biometric solutions at airports will also drive the market growth for airport passenger screening systems in the American region during the forecast period. However, the high cost of installation and operational failures hinder the market growth.
America Airport Passenger Screening Systems Industry Segmentation
Airport passenger screening systems are devices that prevent prohibited items and other threats to transportation security from entering the airport's sterile area. Moreover, such systems are developed in response to information on threats to transportation security.
The America airport passenger screening systems market is segmented based on type and geography. By type, the market is segmented into metal detectors, full body scanners, advanced imaging technology, and thermal detectors. The report also offers the market size and forecasts for five countries across both regions. For each segment, the market sizing and forecasts have been done based on value (USD)
Type | |
Metal Detectors | |
Full-Body Scanners | |
Advanced Imaging Technology | |
Thermal Detectors |
Geography | ||||||
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America Airport Passenger Screening Systems Market Size Summary
The American airport passenger screening systems market is poised for substantial growth, driven by the increasing air passenger traffic and the need for enhanced security measures across the region. The aviation sector in America is experiencing a robust expansion, necessitating the development and modernization of airport infrastructure, including new terminals and expansions. This growth is further fueled by the rising concerns over terrorism and the illegal trade of goods, prompting airports in the United States, Canada, Mexico, Brazil, and other Latin American countries to invest in advanced screening technologies. The integration of cutting-edge technologies such as augmented reality, machine learning, artificial intelligence, and biometric solutions is expected to propel the market forward, despite challenges like high installation costs and potential operational failures.
The United States dominates the market, with significant investments in airport expansion and the implementation of advanced passenger screening systems to address the growing demand for air travel and security. The market is characterized by a fragmented landscape with key players like OSI Systems, Inc., Garrett Electronics, Inc., Leidos, Inc., Vanderlande Industries B.V., and Smiths Detection Group Limited actively engaging in product differentiation and strategic collaborations. These companies are focused on securing contracts with airport authorities and governments to enhance screening infrastructure. Recent initiatives, such as the US Department of Homeland Security's Screening at Speed Program and the TSA's deployment of advanced CT systems, underscore the ongoing commitment to improving airport security and accommodating increasing passenger volumes.
America Airport Passenger Screening Systems Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Metal Detectors
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2.1.2 Full-Body Scanners
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2.1.3 Advanced Imaging Technology
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2.1.4 Thermal Detectors
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.2 Latin America
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2.2.2.1 Brazil
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2.2.2.2 Mexico
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2.2.2.3 Argentina
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2.2.2.4 Rest of Latin America
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America Airport Passenger Screening Systems Market Size FAQs
How big is the America Airport Passenger Screening Systems Market?
The America Airport Passenger Screening Systems Market size is expected to reach USD 1.26 billion in 2024 and grow at a CAGR of 9.20% to reach USD 1.95 billion by 2029.
What is the current America Airport Passenger Screening Systems Market size?
In 2024, the America Airport Passenger Screening Systems Market size is expected to reach USD 1.26 billion.