Global Passenger Security Equipment Market Report 2024

Passenger Security Equipment Global Market Report 2024 – By Type (Baggage Inspection System, Video Surveillance, Intrusion Detection And Prevention, People Screening System, Biometric Solutions, Other Types), By Investment (New Demand, Up-Gradation), By End User (Airport, Railway Station, Seaports, Bus Station, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Passenger Security Equipment Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Passenger Security Equipment Market Definition And Segments

Passenger security equipment refers to the range of tools and systems designed to ensure the safety and security of passengers in various transportation settings. These devices are essential for promoting public confidence in transportation systems by protecting passengers from potential threats such as terrorism, crime, and accidents.

The main types of passenger security equipment are baggage inspection systems, video surveillance, intrusion detection and prevention, people screening systems, biometric solutions, and others. A baggage inspection system is a system designed to scan and examine luggage and other items for prohibited or dangerous objects using X-rays or other imaging technologies, which ensures the safety of passengers and prevents the smuggling of weapons or hazardous materials onto airplanes or other modes of transportation. It includes various investment categories, such as new demand and up-gradation, and is used by several end users, including airports, railway stations, seaports, bus stations, and others.

The passenger security equipment market covered in this report is segmented –

1) By Type: Baggage Inspection System, Video Surveillance, Intrusion Detection And Prevention, People Screening System, Biometric Solutions, Other Types

2) By Investment: New Demand, Up-Gradation

3) By End User: Airport, Railway Station, Seaports, Bus Station, Other End Users

The passenger security equipment market size has grown strongly in recent years. It will grow from $65.76 billion in 2023 to $71.66 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to the growth in terror attacks on public transport infrastructure, a growing population utilizing public transportation and aviation, increasing security threats and terrorist activities worldwide, a rise in global passenger traffic, and increasing global travel and tourism activities.

The passenger security equipment market size is expected to see strong growth in the next few years. It will grow to $96.11 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing adoption of biometric solutions in airports, implementing enhanced identity verification and integrating digital transformation, stringent government regulations and international security standards, the development of new ports and stations, and growing concerns regarding terrorist threats and attacks. Major trends in the forecast period include biometric data security concerns, technological advancements in surveillance and screening systems, technological advancements in sophisticated security equipment, integration of blockchain technology.

Impact Of Smuggling And Illegal Immigration On The Passenger Security Equipment Market

The rising incidences of smuggling and illegal immigration are expected to propel the growth of the passenger security equipment market going forward. Smuggling and illegal immigration refer to the unlawful transportation of goods or individuals across borders, typically in violation of immigration or customs laws. Economic disparities between countries or regions may drive individuals to seek better opportunities through illegal means, such as migrating to more prosperous countries for employment or better living conditions. Passenger security equipment is a critical component of border security and immigration enforcement efforts, helping authorities detect and deter smuggling and illegal immigration activities while safeguarding national borders and ensuring public safety. For instance, in August 2022, according to data released by the Information Fusion Centre, an India-based facility focused on gathering, analyzing, and disseminating maritime-related information, the total number of contraband smuggling incidents was 353 in 2022, representing an increase of 48% from the previous year (238 in 2021). Additionally, illegal human migration incidents surged to 137 in 2022, marking a significant 179% increase from 49 incidents in 2021. Therefore, rising incidences of illegal immigration are driving the growth of the passenger security equipment market.

Major companies operating in the passenger security equipment market are Siemens AG, Raytheon Technologies Corporation, Lockheed Martin Corporation, Intel Corporation, Honeywell International Inc., WESCO International, Safran Group, Collins Aerospace, Texas Instruments Incorporated, L3Harris Technologies, Leidos Holdings Inc., Motorola Solutions, Adani Group, Microchip Technology Inc., Xilinx Inc., Smiths Detection Group Ltd., FLIR Systems Inc., SITA (Société Internationale de Télécommunications Aéronautiques), OSI Systems Inc., Axis Communications AB, Kapsch TrafficCom AG, Rapiscan Systems Inc., Bosch Building Technologies, The Infinova Group, Mantra Softech (India) Pvt. Ltd., Genetec Inc., Autoclear LLC, ORBCOMM Inc., Advanced Perimeter Systems Ltd., Cypress Semiconductor Corporation, Nuctech Company Limited

Innovative Technologies Transforming The Passenger Security Equipment Market

Major companies operating in the passenger security equipment market are developing innovative technological solutions, such as automated screening lanes, to enhance the efficiency and effectiveness of security. The automated screening lane is a checkpoint technology that improves security efficiency while reducing travelers' time during the security screening process. For instance, in March 2021, Vanderlande Industries BV, a Netherlands-based material handling and logistics automation company, launched PAX Compact, a new automated screening lane (ASL) designed for airport security checkpoints with limited space. This innovative solution aims to enhance the screening process at airports by offering flexibility in configuration and a smaller footprint, starting at just 10 meters. The PAX Compact suits airports with shorter checkpoints, lower throughput requirements, or staff screening areas.

Tek84 Inc. Acquires Integrated Defense And Security Solutions (IDSS) Corp. To Enhance X-Ray Security Scanning Solutions

In March 2023, Tek84 Inc., an US-based company that specializes in the development and manufacturing of security products for screening and surveillance, acquired Integrated Defense and Security Solutions (IDSS) Corp. for an undisclosed amount. This acquisition aims to expand Tek84's high-technology X-ray security scanning solutions, bringing together X-ray scanning technologies to enhance security measures against a wide range of threats. The acquisition provides both companies access to advanced security technologies and expertise, marking a significant development in the security screening and surveillance industry. IDSS Corp. is a US-based manufacturer of passenger security equipment and a provider of advanced threat detection and scanning solutions for airport passenger security.

North America was the largest region in the passenger security equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the passenger security equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the passenger security equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The passenger security equipment market consists of sales of metal detectors, x-ray scanners, explosive detection systems, and fire safety and detection systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The passenger security equipment research report is one of a series of new reports from The Business Research Company that provides passenger security equipment market statistics, including the passenger security equipment industry's global market size, regional shares, competitors with an passenger security equipment market share, detailed passenger security equipment market segments, market trends and opportunities, and any further data you may need to thrive in the passenger security equipment industry. This passenger security equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Passenger Security Equipment Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $71.66 billion
Revenue Forecast In 2033 $96.11 billion
Growth Rate CAGR of 7.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Baggage Inspection System, Video Surveillance, Intrusion Detection And Prevention, People Screening System, Biometric Solutions, Other Types
2) By Investment: New Demand, Up-Gradation
3) By End User: Airport, Railway Station, Seaports, Bus Station, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Siemens AG; Raytheon Technologies Corporation; Lockheed Martin Corporation; Intel Corporation; Honeywell International Inc.; WESCO International; Safran Group; Collins Aerospace; Texas Instruments Incorporated; L3Harris Technologies; Leidos Holdings Inc.; Motorola Solutions; Adani Group; Microchip Technology Inc.; Xilinx Inc.; Smiths Detection Group Ltd; FLIR Systems Inc.; SITA (Société Internationale de Télécommunications Aéronautiques); OSI Systems Inc.; Axis Communications AB; Kapsch TrafficCom AG; Rapiscan Systems Inc; Bosch Building Technologies; The Infinova Group; Mantra Softech (India) Pvt. Ltd.; Genetec Inc.; Autoclear LLC; ORBCOMM Inc.; Advanced Perimeter Systems Ltd.; Cypress Semiconductor Corporation; Nuctech Company Limited
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    Table Of Contents

    1. Executive Summary

    2. Passenger Security Equipment Market Characteristics

    3. Passenger Security Equipment Market Trends And Strategies

    4. Passenger Security Equipment Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Passenger Security Equipment Market Size and Growth

    5.1. Global Passenger Security Equipment Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Passenger Security Equipment Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Passenger Security Equipment Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Passenger Security Equipment Market Segmentation

    6.1. Global Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Baggage Inspection System

    Video Surveillance

    Intrusion Detection And Prevention

    People Screening System

    Biometric Solutions

    Other Types

    6.2. Global Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    New Demand

    Up-Gradation

    6.3. Global Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Airport

    Railway Station

    Seaports

    Bus Station

    Other End Users

    7. Passenger Security Equipment Market Regional And Country Analysis

    7.1. Global Passenger Security Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Passenger Security Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Passenger Security Equipment Market

    8.1. Asia-Pacific Passenger Security Equipment Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Passenger Security Equipment Market

    9.1. China Passenger Security Equipment Market Overview

    9.2. China Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Passenger Security Equipment Market

    10.1. India Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Passenger Security Equipment Market

    11.1. Japan Passenger Security Equipment Market Overview

    11.2. Japan Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Passenger Security Equipment Market

    12.1. Australia Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Passenger Security Equipment Market

    13.1. Indonesia Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Passenger Security Equipment Market

    14.1. South Korea Passenger Security Equipment Market Overview

    14.2. South Korea Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Passenger Security Equipment Market

    15.1. Western Europe Passenger Security Equipment Market Overview

    15.2. Western Europe Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Passenger Security Equipment Market

    16.1. UK Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Passenger Security Equipment Market

    17.1. Germany Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Passenger Security Equipment Market

    18.1. France Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Passenger Security Equipment Market

    19.1. Italy Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Passenger Security Equipment Market

    20.1. Spain Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Passenger Security Equipment Market

    21.1. Eastern Europe Passenger Security Equipment Market Overview

    21.2. Eastern Europe Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Passenger Security Equipment Market

    22.1. Russia Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Passenger Security Equipment Market

    23.1. North America Passenger Security Equipment Market Overview

    23.2. North America Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Passenger Security Equipment Market

    24.1. USA Passenger Security Equipment Market Overview

    24.2. USA Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Passenger Security Equipment Market

    25.1. Canada Passenger Security Equipment Market Overview

    25.2. Canada Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Passenger Security Equipment Market

    26.1. South America Passenger Security Equipment Market Overview

    26.2. South America Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Passenger Security Equipment Market

    27.1. Brazil Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Passenger Security Equipment Market

    28.1. Middle East Passenger Security Equipment Market Overview

    28.2. Middle East Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Passenger Security Equipment Market

    29.1. Africa Passenger Security Equipment Market Overview

    29.2. Africa Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Passenger Security Equipment Market Competitive Landscape And Company Profiles

    30.1. Passenger Security Equipment Market Competitive Landscape

    30.2. Passenger Security Equipment Market Company Profiles

    30.2.1. Siemens AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Raytheon Technologies Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Lockheed Martin Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Intel Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Honeywell International Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Passenger Security Equipment Market Other Major And Innovative Companies

    31.1. WESCO International

    31.2. Safran Group

    31.3. Collins Aerospace

    31.4. Texas Instruments Incorporated

    31.5. L3Harris Technologies

    31.6. Leidos Holdings Inc.

    31.7. Motorola Solutions

    31.8. Adani Group

    31.9. Microchip Technology Inc.

    31.10. Xilinx Inc.

    31.11. Smiths Detection Group Ltd

    31.12. FLIR Systems Inc.

    31.13. SITA (Société Internationale de Télécommunications Aéronautiques)

    31.14. OSI Systems Inc.

    31.15. Axis Communications AB

    32. Global Passenger Security Equipment Market Competitive Benchmarking

    33. Global Passenger Security Equipment Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Passenger Security Equipment Market

    35. Passenger Security Equipment Market Future Outlook and Potential Analysis

    35.1 Passenger Security Equipment Market In 2028 - Countries Offering Most New Opportunities

    35.2 Passenger Security Equipment Market In 2028 - Segments Offering Most New Opportunities

    35.3 Passenger Security Equipment Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Passenger Security Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Passenger Security Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Siemens AG Financial Performance
  • Table 75: Raytheon Technologies Corporation Financial Performance
  • Table 76: Lockheed Martin Corporation Financial Performance
  • Table 77: Intel Corporation Financial Performance
  • Table 78: Honeywell International Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Passenger Security Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Passenger Security Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Passenger Security Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Passenger Security Equipment Market, Segmentation By Investment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Passenger Security Equipment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Siemens AG Financial Performance
  • Figure 75: Raytheon Technologies Corporation Financial Performance
  • Figure 76: Lockheed Martin Corporation Financial Performance
  • Figure 77: Intel Corporation Financial Performance
  • Figure 78: Honeywell International Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the passenger security equipment market?

Passenger security equipment refers to the range of tools and systems designed to ensure the safety and security of passengers in various transportation settings. These devices are essential for promoting public confidence in transportation systems by protecting passengers from potential threats such as terrorism, crime, and accidents. For further insights on the passenger security equipment market, request a sample here

How will the passenger security equipment market drivers and restraints affect the passenger security equipment market dynamics? What forces will shape the passenger security equipment industry going forward?

The passenger security equipment market major growth driver - Impact Of Smuggling And Illegal Immigration On The Passenger Security Equipment Market. For further insights on the passenger security equipment market, request a sample here

What is the forecast market size or the forecast market value of the passenger security equipment market?

The passenger security equipment market size has grown strongly in recent years. It will grow from $65.76 billion in 2023 to $71.66 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to the growth in terror attacks on public transport infrastructure, a growing population utilizing public transportation and aviation, increasing security threats and terrorist activities worldwide, a rise in global passenger traffic, and increasing global travel and tourism activities. The passenger security equipment market size is expected to see strong growth in the next few years. It will grow to $96.11 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing adoption of biometric solutions in airports, implementing enhanced identity verification and integrating digital transformation, stringent government regulations and international security standards, the development of new ports and stations, and growing concerns regarding terrorist threats and attacks. Major trends in the forecast period include biometric data security concerns, technological advancements in surveillance and screening systems, technological advancements in sophisticated security equipment, integration of blockchain technology. For further insights on the passenger security equipment market, request a sample here

How is the passenger security equipment market segmented?

The passenger security equipment market is segmented
1) By Type: Baggage Inspection System, Video Surveillance, Intrusion Detection And Prevention, People Screening System, Biometric Solutions, Other Types
2) By Investment: New Demand, Up-Gradation
3) By End User: Airport, Railway Station, Seaports, Bus Station, Other End UsersFor further insights on the passenger security equipment market, request a sample here

Which region has the largest share of the passenger security equipment market? What are the other regions covered in the report?

North America was the largest region in the passenger security equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the passenger security equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the passenger security equipment market, request a sample here.

Who are the major players in the passenger security equipment market?

Major companies operating in the passenger security equipment market are Siemens AG, Raytheon Technologies Corporation, Lockheed Martin Corporation, Intel Corporation, Honeywell International Inc., WESCO International, Safran Group, Collins Aerospace, Texas Instruments Incorporated, L3Harris Technologies, Leidos Holdings Inc., Motorola Solutions, Adani Group, Microchip Technology Inc., Xilinx Inc., Smiths Detection Group Ltd., FLIR Systems Inc., SITA (Société Internationale de Télécommunications Aéronautiques), OSI Systems Inc., Axis Communications AB, Kapsch TrafficCom AG, Rapiscan Systems Inc., Bosch Building Technologies, The Infinova Group, Mantra Softech (India) Pvt. Ltd., Genetec Inc., Autoclear LLC, ORBCOMM Inc., Advanced Perimeter Systems Ltd., Cypress Semiconductor Corporation, Nuctech Company Limited For further insights on the passenger security equipment market, request a sample here.

What are the key trends in the passenger security equipment market?

Major trend in the passenger security equipment market - Innovative Technologies Transforming The Passenger Security Equipment Market. For further insights on the passenger security equipment market, request a sample here.

What are the major opportunities in the passenger security equipment market? What are the strategies for the passenger security equipment market?

For detailed insights on the major opportunities and strategies in the passenger security equipment market, request a sample here.

How does the passenger security equipment market relate to the overall economy and other similar markets?

For detailed insights on passenger security equipment market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the passenger security equipment industry?

For detailed insights on the mergers and acquisitions in the passenger security equipment industry, request a sample here.

What are the key dynamics influencing the passenger security equipment market growth? SWOT analysis of the passenger security equipment market.

For detailed insights on the key dynamics influencing the passenger security equipment market growth and SWOT analysis of the passenger security equipment industry, request a sample here.