Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Transportation And Security System Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Transportation And Security System Industry in 2024 and 2025?
The market for transportation and security systems has seen solid growth recently. It is projected to expand from a size of $18.4 billion in 2024, to $20.15 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%.
What Is the Projected Market Size of the Transportation And Security System Market in 2029?
By 2029, the transportation and security system market is projected to reach a market size of $28.23 billion, growing at a compound annual growth rate (CAGR) of 8.8%.
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What Are the Key Drivers of Transportation And Security System Market Growth?
The key drivers in the transportation and security system market are:
• Increase in rapid urbanization fueling demand for smart transportation options
• Government regulations prompting a rise in environmental sustainability
• Rising issue of traffic congestion stimulating a higher need for efficient transportation systems
• Technological advancements and integration of Artificial Intelligence and Machine Learning in video surveillance and security systems.
What Are the Primary Segmentation Categories in the Transportation And Security System Market?
The transportation and security system market covered in this report is segmented –
1) By Component: Surveillance Systems, Access Control Systems, Perimeter Intrusion Detection Systems, Biometric Identification Systems, Command And Control Centers
2) By Modes: Roadways, Railways, Airways, Seaways
3) By Application: Critical Infrastructure Protection, Passenger Screening And Safety, Traffic Monitoring And Management, Freight And Cargo Security
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What Are the Major Trends Shaping the Transportation And Security System Market in 2025 and Beyond?
The key trends in the transportation and security system market are:
• Technology advancements in video surveillance and screening are emerging trends in the transportation and security system market.
• The market is also being shaped by general technological advancements.
• The integration of AI and machine learning is a notable trend.
• The growth of cybersecurity solutions is also influencing the future of the market.
Who Are the Emerging Players in the Transportation And Security System Market?
Major players in the transportation and security system market are:
• Bosch GmbH
• Siemens AG
• Raytheon Technologies Corporation
• Lockheed Martin Corporation
• Cisco Systems Inc.
• Honeywell International Inc.
• Broadcom Inc.
• ABB Ltd.
• BAE Systems plc
• NEC Corporation
• Safran SA
• Thales Group
• Alstom SA
• L3Harris Technologies Inc.
• Leidos Holdings Inc.
• Assa Abloy AB
• Hangzhou Hikvision Digital Technology Co. Ltd.
• ADT Inc.
• Fortinet Inc.
• Saab AB
• Smiths Group plc
• NortonLifeLock Inc.
• QinetiQ Group plc
• Cubic Corporation
• OSI Systems Inc.
• FLIR Systems Inc.
• Kapsch TrafficCom AG
• Rapiscan Systems Inc.
• ORBCOMM Inc.
Which Regions Are Leading the Growth in the Global Transportation And Security System Market?
Asia-Pacific was the largest region in the transportation and security system market in 2024
