Passenger Security Equipment Global Market Report 2024

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

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Passenger Security Equipment Global Market Report 2024

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Passenger Security Equipment Market Definition

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.

Passenger Security Equipment Market Segmentation

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

Global Passenger Security Equipment Market Size 2023 to 2028: Graph

Passenger Security Equipment Market Size 2024 And Growth Rate

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.

Passenger Security Equipment Market Growth Forecast

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.

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Passenger Security Equipment Market Driver: 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.

Global Passenger Security Equipment Market Major Players

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

Global Passenger Security Equipment Market Trend: 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.

Passenger Security Equipment Market Merger And Acquisition: 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.

Regional Insights For The Global Passenger Security Equipment Market

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 Forecast and Analysis

Report Attribute	Details
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	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, 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
Customization Scope	Request for Sample
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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?

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?

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.