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Airport Security Market Share

Report ID: GMI367
Published Date: Aug 2024
Report Format: PDF

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Airport Security Market Share

Honeywell International Inc. and Siemens AG collectively held a significant share of the airport security industry in 2023. Honeywell International Inc., a global conglomerate, is renowned for its innovative solutions across various industries, including aerospace, building technologies, performance materials, and safety and productivity solutions. In the realm of airport security, Honeywell stands out for its comprehensive and cutting-edge technologies designed to enhance safety, efficiency, and passenger experience.

Siemens AG, a global powerhouse in electrical engineering and electronics, has established a significant presence in the airport security market. Renowned for its innovation and technological prowess, Siemens leverages its extensive experience in automation, digitalization, and smart infrastructure to enhance security measures at airports worldwide.

Airport Security Market Companies

Major players operating in the airport security industry are:

Honeywell International Inc.
Siemens AG
Thales Group
Bosch Security Systems
FLIR Systems Inc.
Smiths Detection Inc.
Rapiscan Systems

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size of airport security reached USD 17.4 billion in 2023 and is set to register a 7.5% CAGR between 2024 and 2032, due to the integration of next-generation security screening technologies at airports.

The airport 2.0 (digital transformation) segment is poised to reach USD 13 billion by 2032, owing to the increasing adoption of biometric technologies.

North America market is expected to reach USD 11.5 billion by 2032, driven by advanced technology adoption and stringent security regulations.

Honeywell International Inc., Siemens AG, Thales Group, Bosch Security Systems, FLIR Systems Inc., Smiths Detection Inc., and Rapiscan Systems, among others.