Protection from increased threats at ports driving the airport and marine port security market. The airport and marine port security market size is expected to grow from $53.84 billion in 2016 to $110.52 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.3%. Major technologies contributing to the growth of airport and marine port security market are network access control and security, surveillance systems, and screening and scanning systems. Complete report on airport and marine port security market spread across 118 pages, profiling 10 companies and supported with 65 tables and 48 figures is now available at http://www.rnrmarketresearch.com/airport-and-marine-port-security-market-by-security-technology-by-service-facility-and-asset-management-system-integration-training-and-consulting-by-infrastructure-type-by-region-na-europe-apac-mea-la-st-to-2025-market-report.html .
APAC is expected to hold the largest market share and dominate the airport and marine port security market during the forecast period. The APAC region holds the largest share of the airport and marine port security market. The major driver for this region is the mounting level of network access control and security technology adopted at airports and marine ports. The Latin America market is the second biggest market after APAC. The region consists of major growing economies such as Brazil, Colombia and Mexico, which present great growth opportunities for the airport and marine port security market.
Network access control and security expected to grow at the highest rate during the forecast period. The network access control and security system is estimated to growth the highest rate during the forecast period.
Due to the rise in terrorist attacks at ports the demand of access control systems is expected to increase in the next five years. One of the most widely recognized terrorist attack has occurred on September 11, 2001, in which 19 terroirst had took control of four airplanes and deliberately crashed on the World Trade Center towers in New York City.
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (55%), Tier 2 (20%) and Tier 3 (25%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (60%), Director Level (25%), and Others (15%) from various key organizations operating in the Airport and Marine Port Security Market. The primary interviews were conducted worldwide covering regions such as North America (10%), Europe (20%), APAC (40%), and RoW (30%).
The various key airport and marine port security vendors profiled in the report are Flir Systems, Inc. (U.S.), Tyco International LTD (U.S.), Honeywell International, Inc. (U.S.), Saab AB (Sweden), Bosch Security Systems (Germany), Siemens AG (Germany), Unisys Corporation (U.S.), Raytheon (U.S.), HCL Info systems LTD (India) and L-3 Communications holdings, Inc. (U.S.). Order a copy of “Airport and Marine Port Security Market by Security Technology, by Service (Facility and Asset Management, System Integration, Training and Consulting), by Infrastructure Type, by Region (NA, Europe, APAC, MEA, LA) - Global Forecast to 2025” research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=604252 .
On a related note, another research titled Airport Full Body Scanner Market Global Forecast to 2021 says, the airport full body scanner market is estimated to be valued at USD 79.0 million in 2016, and is estimated to grow at a CAGR of 8.40% during the forecast period of 2016-2021. The North American region to show the highest CAGR during the forecast period. Millimeter radio-wave scanner technology to witness the highest growth during the forecast period. Companies like Vodafone Group PLC, Gemalto, FIS, Google, Inc., Mastercard Incorporated, Bharti Airtel Limited, Orange S.A., Monitise PLC, Mahindra Comviva and Paypal (Ebay, Inc.) have been profiled in this 110 pages research report available at http://www.rnrmarketresearch.com/airport-full-body-scanner-market-by-technology-millimeter-wave-scanner-active-scanner-passive-scanner-backscatter-x-ray-airport-class-class-a-class-b-class-c-and-region-global-forecast-to-2021-market-report.html .
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