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Airport and Marine Port Security Market Segmented By Airport and Marine port infrastructure use technologies such as Surveillance Systems, Physical Access Control Systems, Screening and Scanning Systems, Perimeter Intrusion Detection System, Network Access Control and Security, Real-Time Location Systems
Airports and marine ports happen to be an entrance for the exchange of goods and global economy passenger travel as well. These ports implement security systems such as screening and scanning, surveillance systems, and network access, among others.
The implementation of security systems is a necessity in order to ensure the safety of passengers along with the goods being exported as well as imported. Security at the airports and marine ports could help in ensuring safety and security of the passengers, employees and the assets of the airport.
With a minute lapse in the security, there could be disasters which can result in substantial damages in terms of financial and human losses. Owing to this, airports and marine ports are increasingly interested in smart security programs to deal with rising customer expectations.
Airways and seaways happen to be the most preferred modes of transportation across the globe. Owing to this, taking care of the port security for the government and other governing authorities has become a necessity. Various security technologies and services are required by port infrastructure that can provide different security requirements.
Airport and marine ports are responsible for bringing a huge amount of revenues to the global economy through the exchange of goods and through travelers. Airports and marine ports have become a significant point of transit for carrying out operations of the global business.
Therefore, security is one of the crucial aspects for sustaining the business. As stated by the International Air Transport Association (IATA) in 2018, aviation industry contributes around 4% of the global GDP and is responsible for supporting 65.5 million jobs and USD 2.7 trillion in economic activity across the globe.
Furthermore, airports being the backbone of the aviation industry happen to be a major part of a country’s infrastructure and play a prominent role in the economic development of a region, and the nation too.
Under the growing threat of terrorist attacks, airport authorities across the globe are installing thermal security cameras along with total security solutions in order to ensure safety of employees, passengers, and other valuable equipment. The rising investments in the infrastructure of these travel gateways are further responsible for driving the growth of the security infrastructure as well.
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The global airport and marine port security market is expected to witness significant growth over the forecast period. The alliances in the aviation and marine industry are expected to drive the growth of the airports and marine port security market while providing lower logistics costs, offering enhanced efficiency, and supporting reliability objectives.
However, there has been a rise in need for security in these premises due to increasing terrorist attacks and criminal activities. Governments are focused on developing various security norms and regulatory associations in order to ensure secure trade and travel.
The U.S. government has formed agencies such as Department of Homeland Security (DHS) and Transport Security Administration along with implementation of International Ship and Port Facility code.
Since the 9/11 attacks, the U.S. alone has spent around USD 9 billion on its airport security, but compared to the airport security, it has spent a fraction of that on marine port security. The usage of CCTV at seaports is majorly prevailing.
Seaports are starting to adopt an airport model, in which a single graphical-user interface handles all access-control and video analytics requirements from a central location. Port security has emerged as a significant part of the overall debate on U.S. homeland security after the 9/11 attacks.
The maritime industry is expected to show major developments over the coming years, while increasing the importance to develop policies and strategies to stay prepared for it.
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Furthermore, higher costs related to infrastructure coupled with lack of investments is another major factor responsible for hampering the growth of airport and marine port security market. Moreover, growing need for investments is a necessity to upgrade existing infrastructure and security cameras to support it.
However, the industry is projected to be driven by rising security concerns related to increasing terrorism attacks and others. Moreover, increasing number of internal as well as external threats coupled with the rise in the investments in the setup of the marine ports and airports has led to the necessity for more strict policies and security regulations.
Based on infrastructure, the Airport & Marine Port Security market has been segmented as
Based on technology, the Airport & Marine Port Security market has been segmented as
Based on services, the Airport & Marine Port Security market has been segmented as
Based on the region, the Airport & Marine Port Security market has been segmented as
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Key players such as
are actively involved in offering airport & marine port security for different applications.
The airport and marine port security providers are carrying out different expansion and innovation strategies for increasing their market share in the global airport and marine port security market. Key players are entering into partnerships with other major players to expand their geographic presence in order to meet the increasing demand for airport & marine port security.
Companies like FLIR Systems, Inc. are offering thermal imaging cameras for airport security. Apart from airports, the FLIR cameras are increasingly being deployed across various facilities including, Incheon International Airport Corporation in South Korea, General Motors, and the U.S. Department of Defense, among others.
Companies like Honeywell International are offering airports with advanced solutions in order to enhance airport safety and security. Along with innovations and implementations of new applications, major companies operating in the market are also focused on collaborations and partnerships, in order to offer advanced solutions and services to the end users.
With the emergence of AI and IoT, there have been major developments in the security systems that are being developed. Advanced screening techniques with the implementation of artificial intelligence are increasingly being deployed for better security at the ports and to ensure optimum usage of infrastructure.
The increasing number of both external as well as internal threats is one of the major factors responsible for driving the growth of airport and marine port security market. Necessity for sustaining the national businesses and surging threats on the port are expected to drive the airport and marine port security market.
The aviation and maritime industry have been among the worst hit industries by the pandemic, while disrupting supply chains across the globe and claiming millions of jobs. Airports and marine ports have suffered heavy losses in terms of revenue during the pandemic.
The impact of COVID-19 on the aviation and maritime sector has been severe but it has also provided an opportunity for the industry to reimagine its future. Both the sectors have repeatedly shown its resilience to bounce back stronger and smarter from the crisis.
Moreover, the pandemic is expected to make the ports more resilient and with good planning and more investments, ports are expected to make greater strides towards becoming future ready.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
