SAN JOSE, Calif., 25 July 2007. The rise in air traffic is creating an acute need for an efficient security solution capable of safeguarding the entire airport network, right from the outer perimeter to detect anomalies, to inside the airport to identify intruders and detect suspicious movements.
The changing facets of security threats are also necessitating the need for security solutions that go beyond the conventional metal detection. In addition to metal weapons, the diversity of modern threats range from materials such as powders, ceramics, plastics, explosives, to liquids, among others. This has driven demand for futuristic security solutions, which address all threats on a seamlessly integrated platform, compatible with all routine airport processes.
RFID-based security systems offer optimal, and dual protection against both criminal offence and operational inefficiencies such as errors in passenger data collection, and verification. Biometric-based solutions, i.e. fingerprinting and iris recognition, extend passport verification, centralized identity management, and physical and logical access controls.
As stated by the recent report published by Global Industry Analysts Inc., growth in the world airport security equipment market is led by perimeter and access control equipments, which are expected to post a robust CAGR of 19.5 percent, and rise by $13.5 billion between the period 2007 to 2010.
Within the perimeter and access control equipment market, biometrics equipment, as a product sub-segment, is expected to drive growth by reflecting the potential to reach $12.5 billion by the year 2010.
Fire and explosives detection market ranks as the largest product market in airport security, with market size averaging to $37 billion in the year 2006. The U.S. constitutes the largest market for airport security equipment, cornering a little over 37 percent share. I
n Europe, the second largest market, digital surveillance equipment market, a part of the monitoring equipment market, stands poised to rise by $1.6 billion between the period 2007 to 2010. In Asia-Pacific, the fastest growing market worldwide, perimeter control equipment market and x-ray and infrared equipment market, together are projected to reach $11.4 billion by 2010.
Leading global and regional players operating in the industry include Assa Abloy AB, Bioscrypt Inc, BioWise N.V., Bosch Security Systems GmbH, GE Security Inc., Group 4 Securicor plc, Honeywell International Inc., L-1 Identity Solutions Inc., L-3 Communications Holdings Inc, Raytheon Company, Siemens AG, Thermo Fisher Scientific Inc., EyeTicket Corp., Geoquip Ltd, Future Fibre Technologies Pty Ltd, Dartagnan Biometric Solutions, Electronics Corporation of India Limited, and Magal Security Systems Ltd, among others.
The report titled "Airport Security Equipment: A Global Strategic Business Report" published by Global Industry Analysts Inc., provides a review of technology trends, market drivers, issues, and challenges.
Product markets analyzed in the report include Fire and Explosives Detection (Explosives Detection, X-ray and Infrared Equipment, and Metal Detectors), Perimeter and Access Control Equipment (Perimeter Control, Biometrics Equipment, and Alarms and Sensors), Monitoring Equipment (Digital Surveillance, Intercom and Video Door Phones, and CCTV).
