Global Aviation Security Equipment Market to Witness Robust Growth, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global outlook on the Aviation Security Industry. Aviation security is a priority concern for several nations worldwide, both in developed and developing countries. The global aviation security market continues to witness rapid growth led by several factors. The most prominent of these include heightened security concerns post-9/11 event and steady growth in air traffic across all global regions. Further growth is expected as construction of several new airports is planned or is underway throughout Asia-Pacific and Europe.

Aviation Security: A Global Outlook

Follow us on LinkedIn – The need for aviation security emerged as frequency of incidents involving security breaches increased over the years. Although security in the global aviation sector was tightened following 2001, sporadic incidents of security breach continue to emerge worldwide, consequent to which the aviation industry increased further efforts to tighten the noose and beef up security at airports. Further growth is expected as construction of several new airports is planned or is underway throughout Asia-Pacific and Europe to accommodate the growing global air traffic. China alone is expected to construct more than close to 100 new airports in the next ten years. As need for security evolves internationally, particularly within the largest aviation security market, the US, the worldwide aviation security technologies market is aligned for long-term growth.

As stated by the new industry report on Aviation Security, North America is expected to continue its dominance in the aviation security market worldwide, which is a result of sustained investments in the aviation security equipment and technologies in the region. Demand is expected to be strong from other regions, such as Asia-Pacific and the Middle East. Countries in these regions are embarking on large-scale new international airport construction and expansion plans that are expected to offer significant revenue opportunities for companies engaged in offering aviation security technologies and systems. Growth in the Middle East aviation security market is expected to be driven by significant growth in aviation infrastructure in the region. Rapid economic growth in the region is driving demand for civil aviation, which in turn is driving increasing investments in building new airports.

Most airports worldwide use US aviation security technologies, reflecting the leading position of US aviation security technology providers in the global market. Since the mid-1990s, there has been a significant increase in international customers visiting the US seeking security technologies, resulting in sales of scores of advanced US security technologies. As demand for security technologies grows unabated, the next generation of aviation security technologies would be smaller, lighter, faster and cheaper. With capability to detect even more diverse types of threats, these new systems would have an edge in terms of user-friendliness, and would have a less intruding affect on civil liberties of passengers. The new generation of security technologies and systems would also be very much adaptable to airports where they are deployed. Moreover, the requirements for harmonized security would give way to cohesive systems of baggage handling, passenger management and cargo shipments to be designed around existing and future technologies.

The research report titled “Aviation Security: A Global Outlook” announced by Global Industry Analysts Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the aviation security industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. The report offers a compilation of recent mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit –
http://www.strategyr.com/Aviation_Security_Industry_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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