Dublin, July 04, 2024 (GLOBE NEWSWIRE) -- The "Airport Automated Security Screening - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Airport Automated Security Screening was valued at an estimated US$2.8 Billion in 2023 and is projected to reach US$3.5 Billion by 2030, growing at a CAGR of 3.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the airport automated security screening market is driven by several factors. One of the primary drivers is the increasing passenger traffic globally, which necessitates more efficient and scalable security solutions to handle the higher volumes without compromising safety. Technological advancements, such as artificial intelligence and machine learning, are enhancing the capabilities of automated screening systems, making them more accurate and reliable in threat detection. Additionally, the rise in global terrorism and the constant evolution of security threats compel airports to adopt cutting-edge screening technologies.
Regulatory requirements and government mandates for enhanced security protocols also push airports to invest in automated systems. Moreover, the emphasis on improving passenger experience and operational efficiency encourages airports to implement advanced screening technologies that minimize delays and enhance throughput. These factors collectively contribute to the robust growth of the airport automated security screening market, ensuring airports can meet both current and future security challenges effectively.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 173 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $2.8 Billion |
| Forecasted Market Value (USD) by 2030 | $3.5 Billion |
| Compound Annual Growth Rate | 3.3% |
| Regions Covered | Global |
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Passenger Screening Application segment, which is expected to reach US$2.4 Billion by 2030 with a CAGR of a 3.5%. The Baggage Screening Application segment is also set to grow at 2.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $757.7 Million in 2023, and China, forecasted to grow at an impressive 6.4% CAGR to reach $721.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Airport Automated Security Screening Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Airport Automated Security Screening Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Airport Automated Security Screening Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Analogic Corporation, Astrophysics, Inc., Autoclear LLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 35 Featured):
- Analogic Corporation
- Astrophysics, Inc.
- Autoclear LLC
- Beumer Group GmbH and Co. KG
- C.E.I.A. SpA
- Gilardoni SpA
- Kromek Group PLC
- Leidos, Inc.
- LINEV Systems
- Nuctech Co., Ltd.
- Rapiscan Systems, Inc.
- Safeway Inspection System Limited
For more information about this report visit https://www.researchandmarkets.com/r/yo3r69
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