What is the current Mass Transit Security Market size?

The Mass Transit Security Market is projected to register a CAGR of 8.70% during the forecast period (2024-2029) Read More

Who are the key players in Mass Transit Security Market?

Smiths Detection Inc., L-3 Communications Holdings, Inc., Bosch Security Systems Inc., Panasonic Security Systems Inc. and Nice Systems, Inc. are the major companies operating in the Mass Transit Security Market. Read More

Which is the fastest growing region in Mass Transit Security Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Mass Transit Security Market?

In 2024, the North America accounts for the largest market share in Mass Transit Security Market. Read More

What years does this Mass Transit Security Market cover?

The report covers the Mass Transit Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mass Transit Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Mass Transit Security Market Size & Share Analysis - Industry Research Report

Mass Transit Security Industry Overview

The mass transit security systems market is moderately fragmented due to the presence of many small and large vendors. The major vendors have the benefit of the experience and scale of project undertaken over relatively new vendors. Collaboration with the infrastructure and technological ecosystem provider is critical in the amrket. The market is gaining traction and is expected to grow over the forecast period. To survive this intensely competitive environment, vendors are strategically innovating to distinguish their products and services offered, through clear and unique value propositions. The market is expected to see the intensified competition with an increase in product/service extensions, technological innovations, and mergers and acquisitions.

November 2018 -Smiths Detection and its local distributor, Eastronics, have been selected by the Israel Airport Authority (IAA) to supply 32 advanced checkpoint lanes for Ben Gurion Airport and the new Ramon International Airport, which is due to open in 2019.
February 2018 -Astrophysics Inc. announced a partnership withSynapse Technology Corporation. Through this partnership, the company announced to offer their XIS-6040 with integrated AI software Syntech SOLUTION, capable of detecting handguns and knives.