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Study Says Airport Passenger Screening To Cost $10 Billion Annually

by Gtrav

Aug 1, 2011
News

In 2011, the global expenditure on airport passenger screening systems is calculated by Visiongain to be $10 billion, a figure which is forecast to rise as current airport expansion plans continue. The study says evolving security needs post 9/11, both within the leading U.S aviation security market and throughout the world, will ensure long-term viability for the market of airport passenger screening systems.

Large-scale expansion of existing airport capacity around the world, as well as a high number of new airports throughout the Middle East and Asia, are either planned or under construction to accommodate the rapid rise in global air traffic, China and leading airports in the Middle East, for example, are aggressively expanding capacity. Similarly, India is seeking to increase its commercial airports to create a system capable of handling up to four times its current capacity

Other key drivers to the airport passenger screening systems industry are evolving regulation and technologies; the emergence of low-cost carriers in the developing aviation industries’ of Asia Pacific and the Middle East; and a collective effort to integrate technologies to provide multi-layered security systems.

Source: Visiongain

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