The global passenger security equipment market is expected to reach $79,042 million in 2023, from $43,398 million in 2016, growing at a CAGR of 8.9% from 2017 to 2023. Passenger security refers to a technique, which helps them protect from accidentals harms, crimes, and other threats. Such procedures help the government to avoid any crimes and allow passengers to travel from one place to another without any harm. Honeywell International, Orbocomm, and L-3 Communications are some of the leading key players of the passenger security equipment market.
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Leading Players in the Passenger Security Equipment Market:
- Honeywell International
- Orbocomm
- L-3 Communications
- Kapsch
- Siemens AG
- Rapiscan Systems
- Rockwell Collins
- Safran Group
- Raytheon Group
- Smiths Group
The Passenger Security Equipment market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, market potential, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.
BY TRANSPORT INFRASTRUCTURE
- Airports
- Train Stations
- Bus Stations
- Seaports
BY TYPE
- Baggage Inspection System
- Explosive Detection System
- Video Surveillance
- Intrusion Detection and Prevention System
- Fire Safety & Detection System
- People Screening Systems
- Others
Competitive landscape
The Passenger Security Equipment Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies to increase their market share. The vendors engaged in the sector are outlined based on their geographic reach, financial performance, strategic moves, and product portfolio. The vendors are gradually widening their strategic moves, along with customer interaction.
Passenger Security Equipment Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America
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Points Covered in the Report:
- The pivotal aspects considered in the Global Passenger Security Equipment Market report consist of leading competitors functioning in the Global Passenger Security Equipment market
- The report encompasses company profiles prominently positioned in the global market.
- The sales, corporate strategies, and technological capabilities of leading manufacturers are also mentioned in the report.
- The driving factors for the growth of the Global Passenger Security Equipment Market are explained exhaustively, along with an in-depth account of the end users in the industry.
- The report also explains critical application areas of the market to readers/users.
- The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of industry experts and professionals. The experts also evaluate the export/import policies that might propel the growth of the Global Passenger Security Equipment Market.
- The report on the Global Passenger Security Equipment Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Passenger Security Equipment Market Size
2.2 Passenger Security Equipment Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Passenger Security Equipment Market Size by Manufacturers
3.2 Passenger Security Equipment Key Players Head office and Area Served
3.3 Key Players Passenger Security Equipment Product/Solution/Service
3.4 Date of Enter into Passenger Security Equipment Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Passenger Security Equipment Sales by Product
4.2 Global Passenger Security Equipment Revenue by Product
4.3 Passenger Security Equipment Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Passenger Security Equipment Breakdown Data by End User
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