• Home News Global Transportation and Security System Market

Global Transportation and Security System Market

Posted 25 Nov-2019 02:59 PM by geeta | 84

Global Transportation and Security System Market was valued US$ 57.1 Bn in 2017 and is expected to reach US$ 144.5Bn by 2026, at a CAGR of around 10.87 % during a forecast period. Technological innovation backed by new product development is one of the important factors anticipated to drive the market in future. Taking into account the increase in threat of terrorism along with rise in number of people carrying illegal goods, there is a increas ingneed for advancements in detection technology to enable higher safety. Baggage scanning systems need to be upgraded in order to find out concealed threats in the passengers’ baggage. Furthermore, high definition security cameras are the new level of security likely to drive the market in future. Accordingly, all these factors serve as a major opportunity for the transportation and security system market during the forecast period. However, the disparities in the government regulations in control and testing new technologies. As a result, a delay has observed in the implementation of the plans, high cost of security systems, and passenger inconvenience are restraints the transportation and security system market growth during forecast period.

 

The transportation and security system market is segmented by systems, access control and surveillance are the most important parts of a transportation and security system. Access control held the largest market share XX % in 2014 due to rise in terrorist activities backed by the rise in smuggling of prohibited goods across all modes of transportation globally, the prevention of which requires proper and strict monitoring along with improved security scanning. Among the modes of transportation, and roadways dominate global transportation and security system market as compared to railways, airways, and seaways.

 

In global transportation and security system market several top players are inking partnership deals with governmental organizations and making tie-ups with research institutions to expose innovative transportation and security systems, mostly for public transit. Some prominent players are also entering into cooperation to develop next-generation automotive security solutions for in-vehicle system communication, with purpose to gain competitive edge over others.

Geographically, Asia Pacific is the most attractive region in transportation and security system market. The region is projected to witness a CAGR of 11.19% during the forecast period. Increasing consciousness about transportation safety and greater focus towards passenger safety are the key factors boosting growth of the transportation and security system industry in the region. Additionally, there is rise in infrastructural development of critical transportation facilities backed by huge government spending on air, water, land safety, and security-related projects which is further driving the transportation and security system market in the region.

 

The report will help to decision maker and it includes market drivers, restraints, and opportunities of transportation and security system market. Recent market trends are also highlighted in the study. Future market trends that are estimated to impact the market is also included in the report. The report also contains market scenario, current market size, and market trends.

 

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global transportation and security system market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global transportation and security system market.

Scope of Global Transportation and Security System Market

 

Global Transportation and Security System Market, By Modes

 

  • Roadways
  • Railways
  • Airways
  • Seaways

Global Transportation and Security System Market, By System

 

  • Access Control
  • Surveillance
  • Fire Safety
  • Scanning
  • Biometrics

Global Transportation and Security System Market, By Region

 

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Key Players Operating in Global Transportation and Security System Market

 

  • Safran Group
  • Rapiscan Systems
  • Saab
  • ABB
  • Smiths Group
  • ORBCOMM Inc.
  • Lockheed Martin
  • L-3 Communications
  • Kapsch Group
  • Honeywell International
  • Alstom S.A. (France)
  • Raytheon Company

 

 

 This Report Is Submitted By : Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

 

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage

Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: [email protected]

Address:  Pune, Maharashtra 411051, India.

Contact: +919607195908


Company Information

Company Name Contact Person Contact Number Email Id Website
Maximize Market Research Pvt Ltd geeta narwade 9607065656 [email protected] https://www.maximizemarketresearch.com

Latest News

Global Silicon Photonics Industry Market Research Report from 2020-2025 Excluive

The Global Silicon Photonics market report forecast from 2020-2025 The report provides comprehension information about Silicon Photonics for...Read More


BiKi.com Enters Strategic Cooperation with Kava, First DeFi App Built on Cosmos Ecosystem Excluive

Global digital assets trading platform  BiKI.com is proud to announce its impending listing of KAVA token on Feb 26, 1500 hrs (GMT + 8). A cross-...Read More


The Coyle Group Works to Protect and Enhance Business’ Enterprise Value Excluive

With over 90 years of business heritage, The Coyle Group, the leading insurance broker in New York City, focuses on protecting and enhancing your...Read More


30th Annual "Just Pray NO!" to drugs Worldwide Weekend of Prayer and Fasting Excluive

The rising overdose numbers make the drug epidemic more deadly than gun violence, car crashes or HIV/AIDS!The weekend of April 18 – 19, 2020 has bee...Read More


Mark Diamond’s Jewelers Provides Special Financing for Engagement Rings and Fine Jewelry Excluive

Albuquerque, New Mexico (pressreleasepower) February 24, 2020 - With over 48 years of experience in the industry, Mark Diamond's Jewelers, one of the ...Read More


Avail Benefits of Hiring Trade Show Models Excluive

Trade show models can be a great addition for any convention or trade show, but you want to make sure they are the right fit for your company. Models ...Read More


Global Paint Thinner Industry Market Research Report from 2020-2025 Excluive

The Global Paint Thinner market 2020-2025 Report provides a detailed analysis and forecast from 2020-2025 for the Paint Thinner. The researc...Read More


Stewart Connector Announces the Release of HDMI Version 1.4 Connectors Excluive

Stewart Connector, a Bel group company, (NASDAQ: BELFA and BELFB) and world class manufacturer of high-speed connectors used in data communication app...Read More


Stylist Anthony Edward Launches New Skin Care Line GenderLogica for all Genders and Skin Types Excluive

GenderLogica is affordable line of cruelty-free and fragrance free skin care products made with premium grade ingredients for all genders and skin typ...Read More


Giner Lab Goes Freestyle With Lab Flooring Installation Excluive

Newton, MA and Avon, MA, February 20, 2020 -- SelecTech, Inc., a leader in the manufacture of innovative flooring products with long-term value and im...Read More


Edinburgh Letting Agent Celebrates Strongest Year to Date Excluive

Clan Gordon, founded by brothers Andrew and Jonathan Gordon in 2008, has seen its properties under management grow by three per week on average, with ...Read More


EVERYONE MUST KNOW ABOUT THE TYPES OF HEART ATTACKS Excluive

Heart diseases are extremely common all over the world; but, the rising of disease statistics is a cause for anxiety. Each and every heart condition i...Read More


JC Howell Teams with WWII Soldier James Dorris to Examine the Purpose of Life Excluive

A Dachau liberator’s tale told by an expert storyteller will reignite readers’ search for personal meaning in today’s world.DALLAS, Tex. — Wor...Read More


Cleaning Supplies For Businesses: What You Need to Know Excluive

Looking for cleaning supplies for your business online, it can be hard to determine what provider to use. There are some characteristics of companies ...Read More


Discovery Map's Sam and Ann Douglass celebrate 25 years of Making Maps, Friends and Memories Excluive

Laconia, NH, Camden, ME, Rockland, ME, Hampton Beach, NH, Kennebunkport, ME, Wells, ME, York, ME, Ogunquit, ME, and Waitsfield, VT, Feb 15, 2020 -- In...Read More


Boost your sales by Choosing the Best ecommerce seller support service Excluive

When all is said in done, online business is characterized as the offer of items and services utilizing system associations gave by the web, including...Read More


Choose Rhino Pressure Cleaning for your High Pressure Cleaning Roof Tiles Excluive

If you are looking for services which would help you in maintaining your home and your commercial space without doing anything, then going for Rhino...Read More


Warm, Wet Winter Means More Bugs. Go-Forth Pest Control Anticipates Heavier Insect Pressure this Spring Excluive

Go-Forth Pest Control anticipates heavier insect pressure this Spring. This winter has been especially warm and wet. This means homeowners should be p...Read More


Altius Technologies Ready to Network at Digital 1to1 Barcelona Excluive

What would be a better opportunity to connect with industry experts than getting a chance to interact with them on a personalized one-on-one level? Th...Read More


Gong Cha Announces A New Store In Brooklyn With 15% Off On All Purchases Excluive

New York, USA - The long wait is finally over. Gong Cha, manufacturer of the best bubble tea in the world, is opening a new franchise in Brooklyn, New...Read More


StoneFly Announced Disruption-Free Live VMware VM Migration DTDs Excluive

StoneFly, Inc. the original innovator of the iSCSI protocol and a recognized leader in the data storage, hyperconverged, and backup and disaster rec...Read More


Recent Releases