The Transportation Security Technology Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Transportation Security Technology Market?
The global market for transportation security technology has seen robust expansion in recent years. The market size, previously at $45.3 billion in 2024, is projected to increase to $49.26 billion in 2025, displaying a compound annual growth rate (CAGR) of 8.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Transportation Security Technology Industry?
The Transportation Security Technology Global Market is expected to grow to $68.34 billion by 2029, with a projected compound annual growth rate (CAGR) of 8.5%.
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What are the Key Growth Drivers Fueling the Transportation Security Technology Market?
The key drivers in the transportation security technology market are:
• Rising demand for smart transportation
• Increasing concerns regarding terrorism, theft, and other forms of security threats
• Growing adoption and integration of artificial intelligence and machine learning into security systems
• Increased use of cloud-based security solutions.
Global Market Segmentation: Identifying Major Transportation Security Technology Industry Segments
The transportation security technologymarket covered in this report is segmented –
1) By Technology: Bottled Liquids Scanner, Explosive Detection System, Explosive Trace Detection
2) By Transportation Type: Airways, Waterways, Roadways, Railways
3) By Application: Video Surveillance, Passenger And Baggage Screening System, Cargo Inspection System, Perimeter Intrusion Detection, Access Control, Nuclear And Radiological Detection, Fire Safety And Detection System, Tracking And Navigation System, Other Applications
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What are the emerging Trends Shaping the Future of the Transportation Security Technology Market?
The key trends in the transportation security technology market are:
• The industry is expected to adopt innovative security screening solutions as a significant emerging trend.
• The integration and broad usage of advanced technologies such as biometrics, data analytics, and 3-D or multi-view scanning in transportation security technologies is gaining momentum.
• The application of blockchain technology in assuring secure data sharing and tracking is a developing trend.
• The growing adoption of emerging technologies in transportation security and strategic partnerships between key market players is another dominant trend.
Who Are the Top Competitors & Leading Players in the Transportation Security Technology Market?
Major companies in the transportation security technology market are:
• Siemens AG
• Rockwell Collins Inc
• RTX Corporation
• Lockheed Martin Corporation
• Honeywell International Inc
• ABB Ltd
• Safran SA
• Thales Group
• L3Harris Technologies Inc
• ASSA Abloy
• ADT Corporation
• Daifuku Co. Ltd.
• Vanderlande Industries B.V.
• Smiths Group Plc
• Bosch Security Systems GmbH
• OSI Systems Inc.
• FLIR Systems Inc.
• Astrophysics Inc.
• Vehant Technologies
• Kromek Group plc
• Cobalt Light Systems Ltd.
• Todd Research Ltd
Regional Dominance: Which Area Leads the Global Transportation Security Technology Market?
North America was the largest region in the transportation security technology market in 2024
