Description

Terrorism threats and security standards set by international authorities including IATA, ICAO, and ACI remain two of the most influential drivers sustaining the global passenger screening market. Efforts to increase both security and efficiency at airports due to heavily growing passenger traffic at airports have given rise to the need for more sophisticated screening technologies and mechanisms such as radioactive screening systems, nuclear radiation scattering, innovation lanes, 3-D scanning, self-service checkpoints using mobile applications on smartphones, risk-based screening using biometrics with centralized image processing, machine learning with big data analytics, remote screening using artificial intelligence-based body scanning, smart tunnels with integration of the mentioned technologies, automated passport control (APC) kiosks, automated border control (ABC) (also known as eGates), and a mobile passport app developed through the US Customs and Border Protection (CBP) agency.

This research reviews the global passenger screening market by discussing major participants (Smiths Detection, Morpho Detection, L-3 Communications, Rapiscan Systems, Nuctech, and many more), key market drivers and restraints, and regional market forecasts from 2017 to 2021 using a base year of 2016. The top 3 passenger screening market participants contributed over 70% of total market revenue in 2016.

The regions reviewed for this effort include Asia-Pacific (APAC), Europe, Latin America (LATAM), Middle East and Africa (MEA), Central Asia, and North America. North America remains the largest consumer of passenger screening technologies, accounting for over 47.8% of market spending in 2016. APAC and the Middle East are expected to grow at the highest compound annual growth rates at 7.1% and 8.8%, respectively, during the forecast period.

Forecasts are based on estimated average screening cost per passenger invested towards buying new passenger screening equipment and associated maintenance, government budget, passenger traffic trends at nearly 2,000 airports (both domestic and international) in as many as 170 countries, and insights gathered from primary research. International tourism traffic, expected percentage increase in the PAX traffic as advised by IATA, terrorism threat index, political stability, government expenditure capability, and the quality of existing technology are a few criteria used to determine a country’s potential to invest capital towards the passenger screening market. Percent spending for total passenger screening is divided into 2 segments: new checkpoint equipment and maintenance.

Key questions this study answers:
•     Is the passenger screening market growing, how long will it continue to grow, and at what rate?
•     Who are the competitors in the passenger screening market and how are they contributing to market growth?
•     Will these companies/products/services continue to exist, or will other companies acquire them?
•     What outside influences could change the structure of the market in the short or long term?
•     Are the products/services offered today meeting customer needs or is additional development needed?
•     What technical enhancements are expected to happen in the future and how are they going to impact the requirements for passenger
screening?

Looking ahead, growth opportunities largely revolve around providing integrated security solutions combining biometric technologies, surveillance systems, along with screening technology including new capabilities such as smartphone apps and unique identification innovations. This study concludes with 3 big predictions for the global passenger screening market.