Escalating Number of Air Passengers Compels Airports to Invest in Additional Security Equipment
Posted on: Thursday, 27 March 2008, 06:00 CDT
Research and Markets (http://www.researchandmarkets.com/reports/c86819) has announced the addition of "Airport Passenger Screening Market in Europe" to their offering.
This Frost & Sullivan research service titled Airport Passenger Screening Market in Europe provides an overview of suppliers' competitive positions, latest market trends, strategic recommendations and airports' development plans. In this research, Frost & Sullivan's expert analysts thoroughly examine the following market sectors: airport passengers' screening for hand baggage and body screening, security millimetre-wave and traditional systems, explosive detectors, drug detectors and different types of metal detectors.
The flow of passengers travelling by air will grow remarkably in Europe. Accordingly, airports are revamping and redesigning their infrastructure with the aim of enhancing security, creating new opportunities for security equipment providers. The airport passenger screening industry needs to adjust to meet the evolving requirements and effectively respond to customer demands in this concentrated marketplace.
The millimetre-wave technology is on the verge of transforming the airport security screening market in Europe. Upcoming revamps and soaring passenger capacity are triggering major changes in security layouts, setting the stage for security screening to take-off over the next decade. Revenues in the European airport passenger screening market are poised to increase substantially over the period 2008 to 2017. In effect, revenues will grow as airports procure additional units to leverage their security layout and better compete in their passengers' facilitation. "Most notably, airport expansions and the desire to implement cutting-edge security technology will drive the market," explains the analyst of this research. "The number of passengers in airports is on the rise, compelling the procurement of added security equipment." Suppliers should battle intensively in order to retain their market shares or gain more market shares, as the market is presently highly competitive and concentrated.
Adherence to EU-mandated Regulations Critical to Sustaining Market Momentum
Airport security will increasingly change as the European Union standardises and introduces regulations. At the same time, most airports in Europe intend to modernise, privatise and develop their infrastructure. Currently, the airport security screening market remains heavily concentrated on the suppliers' side, with significant opportunities for market participants to grow their business.
The biggest challenge for airport screening equipment manufacturers will be to help airports achieve the optimal balance between security and facilitation. Suppliers must support airports in achieving high revenues, while providing top-line security equipment and services. European airports are undergoing major changes in infrastructure design to process the growing number of passengers. However, they have to ensure that the security equipment and design they purchase comply with EU-mandated security regulations. Therefore, suppliers face the challenge of making their systems adhere to EU regulatory standards. "Security screening manufacturers must clearly understand the requirements of end users and the regulations framing the industry," advises the analyst. "While evaluating the needs and customising their products to meet varied requirements, manufacturers should opt for new system designs and capabilities to revolutionise the marketplace."
The following technologies are covered in this reasearch:
-X-ray explosive detection systems
-Trace detection systems
-Portable x-ray metal detectors
-Walk-through metal detection systems
-Walk-through drug detection systems
-Milimeter wave systems
-Liquid detection systems
-Backscatter x-ray systems
For more information visit http://www.researchandmarkets.com/reports/c86819
Source: Business Wire
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