Transportation Security Technology Market
Transportation Security Technology Market Size, Share & Trends Analysis Report by Type (Video Surveillance, Passenger & Baggage Screening System, Cargo Inspection System, Perimeter, Intrusion Detection, Access Control, Nuclear & Radiological Detection, Fire Safety & Detection System, Tracking & Navigation System, Others), and by Application (Airways, Roadways, Seaways, Railways) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Transportation security technology market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. The major factor driving the demand for transportation security technology is attributed to factors that include the growingintegration of technology to transit infrastructure.. Further growing launches of advanced tools for transportation security are some of the factors anticipated to fuel the demand for transportation security technology. For instance, in November 2020, Rapiscan Systems launched an advanced metal detection system the Orion Metor 900M. The system is suitable for both indoor and outdoor. Itis weatherproof with IP65 protection. The system is usefult for passenger screening at airports and other mass transit facilities, as well as for visitor screening at stadiums and critical infrastructure protection.It is designed to detect ferrous and non-ferrous metals such as handguns, knives, and other security threats.
Segmental Outlook
The global transportation security technology market is segmented based on its type and application. Based on type, the market is sub-segmented into video surveillance, passenger & baggage screening system, cargo inspection system, perimeter, intrusion detection, access control, nuclear & radiological detection, fire safety & detection system, tracking & navigation system, and others. Based on the application the market is categorized into airways, roadways, seaways, and railways.Among the application segment, the airways sub-segment is anticipated to register significant growth in the forecast period.
Among the type segment, the video surveillance sub-segment is anticipated to register significant growth in the forecast period. The segmental growth is primarily attributed due to the growing integration of technologies in transportation security sysytem such as IoT, 5G, and AI along with cameras and sensors for surveillance-related activities. For instance, on March 2022, ORBCOMM Inc.added camera analytics and sensors as new feature enhancements to its data-driven truck telematics solution to improve the visibility, efficiency, safety, and experience for fleets, drivers, and their customers.
Regional Outlooks
The global transportation security technology market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American regional market is expected to cater to prominent growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the transportation security technology market.
Global Transportation Security Technology Market Growth, by Region2022-2028
The North AmericanRegionis Expected to Holda Prominent Share in the Global Transportation security technology Market
Among these regions, the North American region is anticipated to account for the prominent growth in market share for the forecast period. The strong presence of the key market players such as ORBCOMM Inc., Rapiscan Systems, Inc., Raytheon Technologies Corp. and others, and competition among them for cost-effectively providing advanced security and safety is the major factor driving the growth of the market. Further, the rise in the introduction of strict rules and regulations related to the security and safety of people, and growing investment by the government for the adoption of security cover to all means of transportation are other factors fueling the market growth. For instance, in May 2021, Raytheon Intelligence & Space, a Raytheon Technologies business, announced to expand the deployment of checked baggage screening equipment to all federally managed airports nationwide under a 5-year, $318 million contract with the transportation security administration.
Market Players Outlook
The major companies serving the global transportation security technology market includeAlstom Group, Honeywell International Inc., Kapsch TrafficCom AG, Leidos, Inc., Lockheed Martin Corp., L3Harris Technologies, Inc. and others.The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2020, Leidos completed the purchase of the L3Harris Technologies' Security Detection and Automation businesses in cash worth $1 billion. The sale of its Security & Detection Systems and MacDonald Humfrey Automation businesses is part of L3Harris’ strategy to focus on core technologies.The solutions offered by these businesses are used by aviation and transportation industries, and regulatory and customs authorities. The businesses are said to have annual revenues of around $500 million.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global transportation security technology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. ByRegion
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Alstom Group
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Honeywell International Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Kapsch TrafficCom AG
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Leidos, Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Lockheed Martin Corp.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Transportation Security Technology Market by Type
4.1.1. Video Surveillance
4.1.2. Passenger & Baggage Screening System
4.1.3. Cargo Inspection System
4.1.4. Perimeter Intrusion Detection
4.1.5. Access Control
4.1.6. Nuclear & Radiological Detection
4.1.7. Fire Safety & Detection System
4.1.8. Tracking & Navigation System
4.1.9. Others
4.2. Global Transportation Security TechnologyMarket by Application
4.2.1. Airways
4.2.2. Seaways
4.2.3. Roadways
4.2.4. Railways
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AGT International SpA
6.2. Anixter International Inc.
6.3. Avigilon Corp.
6.4. HID Global Corp.
6.5. L3Harris Technologies, Inc.
6.6. NICE Ltd.
6.7. Northrop Grumman Corp.
6.8. Nuctech Company, Ltd.
6.9. ORBCOMM Inc.
6.10. Rapiscan Systems, Inc.
6.11. Raytheon Technologies Corp.
6.12. Saab, Inc.
6.13. Safran Group
6.14. Siemens AG
6.15. Smiths Group
6.16. Southwest Microwave, Inc.
6.17. Thales Group
6.18. United Technologies Corp.
1. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL VIDEO SURVEILLANCE TYPETRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PASSENGER & BAGGAGE SCREENING SYSTEM TYPE TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CARGO PERIMETER INTRUSION DETECTION TYPE TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL ACCESS CONTROL TYPE TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL NUCLEAR & RADIOLOGICAL DETECTION TYPE TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL FIRE SAFETY & DETECTION SYSTEM TYPE TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL TRACKING & NAVIGATION SYSTEM TYPE TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL OTHERS TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
11. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR AIRCRAFT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR SEAWAYS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR ROADWAYS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR RAILWAYS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. NORTH AMERICAN TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
18. NORTH AMERICAN TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
19. EUROPEAN TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. EUROPEAN TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. EUROPEAN TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. REST OF THE WORLD TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD TRANSPORTATION SECURITY TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL VIDEO SURVEILLANCE TYPE TRANSPORTATION SECURITY TECHNOLOGY MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL PASSENGER & BAGGAGE SCREENING SYSTEM TYPE TRANSPORTATION SECURITY TECHNOLOGY FOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL CARGO INSPECTION SYSTEM TYPE TRANSPORTATION SECURITY TECHNOLOGY BY MARKET SHARE REGION, 2021 VS 2028 (%)
5. GLOBAL PERIMETER INTRUSION DETECTION TYPE TRANSPORTATION SECURITY TECHNOLOGY BY MARKET SHARE REGION, 2021 VS 2028 (%)
6. GLOBAL ACCESS CONTROL TYPE TRANSPORTATION SECURITY TECHNOLOGY BY MARKET SHARE REGION, 2021 VS 2028 (%)
7. GLOBAL NUCLEAR & RADIOLOGICAL DETECTION TYPE TRANSPORTATION SECURITY TECHNOLOGY BY MARKET SHARE REGION, 2021 VS 2028 (%)
8. GLOBAL FIRE SAFETY & DETECTION SYSTEM TYPE TRANSPORTATION SECURITY TECHNOLOGY BY MARKET SHARE REGION, 2021 VS 2028 (%)
9. GLOBAL TRACKING & NAVIGATION SYSTEM TYPE TRANSPORTATION SECURITY TECHNOLOGY BY MARKET SHARE REGION, 2021 VS 2028 (%)
10. GLOBAL OTHERS TRANSPORTATION SECURITY TECHNOLOGY MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
12. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR AIRCRAFT MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR SEAWAYS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR ROADWAYS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR RAILWAYS MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL FOR Q1 TRANSPORTATION SECURITY TECHNOLOGY MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR Q2 MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR Q3 MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY FOR Q8 MARKET SHARE BY REGION, 2021 VS 2028 (%)
20. GLOBAL TRANSPORTATION SECURITY TECHNOLOGY MARKET SHARE BY REGION, 2021 VS 2028 (%)
21. US TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
22. CANADA TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
23. UK TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
24. FRANCE TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
25. GERMANY TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
26. ITALY TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
27. SPAIN TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF EUROPE TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
29. INDIA TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
30. CHINA TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
31. JAPAN TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
32. SOUTH KOREA TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF ASIA-PACIFIC TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD TRANSPORTATION SECURITY TECHNOLOGY MARKET SIZE, 2021-2028 ($ MILLION)
