Attractive Market Opportunities in the Airport Full Body Scanner Market


Posted August 14, 2018 by ryzq23

The airport full body scanner (AFBS) market is projected to grow from USD 79.0 Million in 2016 to USD 118.2 Million by 2021, at a CAGR of 8.40% during the forecast period.

 
Various factors, such as the need for more international airports, increasing passenger traffic globally and need for stringent security measures to combat terrorist activities are expected to drive the growth of the airport full body scanner market from 2016 to 2021.

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The market is segregated on the basis of technology, sub-type, airport class, and geography. The technology segment includes millimeter wave scanner and backscatter x-ray scanner, in which the millimeter wave scanner segment is estimated to grow at the highest rate among other technologies. The millimeter wave scanner is further segmented into passive and active scanner. The passive scanner market is expected to hold the largest share due to non-emission of artificial rays to screen the human body.

By airport class, the AFBS market is segmented into Class A, Class B and Class C airports. The Class A segment is estimated to hold the largest market during the forecast period. This large share is attributed to high passenger traffic in these airports and need for sophisticated security measures to combat terror and criminal activities.

North America, Europe, Asia-Pacific, and Rest of the World are considered in the geography segment. The North American AFBS market held the largest share in 2016 and is expected to dominate the global AFBS market during the forecast period. The European market is the emerging market due to stringent airport security policies laid down by the European Commission. The Asia-Pacific market is in the introduction phase and needs more adaptability for such advanced security equipment. Increasing criminal activities, such as smuggling, have given rise to the demand for airport full body scanner market in this region.
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Issued By marketsandmarkets
Country United States
Categories Aerospace , Business , Defense
Tags airport full body scanner market
Last Updated August 14, 2018