Global passenger security equipment market was valued US$ 45.85 Bn in 2019 and is expected to reach US$ 91.43 Bn by 2026, at a CAGR of 9.01% during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding passenger security equipment market dynamics, structure by identifying and analyzing the market segments by transport infrastructure, type, and Region and, project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to particular market segment.
The passenger security equipment is used to protect passengers from accidentals injuries, crimes, and other threats. The governments have started investing high on the protection and security products and solutions owing to the growth in safety and security concerns.
Terrorism threats and security standards set by international authorities containing IATA, ICAO, and ACI remain two of the most influential drivers supporting the global passenger security equipment market. The rise in the terror attacks on public transport infrastructures, increasing concerns about safety and security among consumers are driving the growth of the market. Moreover, the growing demand for biometrics technologies for identity verification by governments boosts the growth of the passenger security equipment market. However, the high installation cost of such equipment is expected to hamper the market growth.
People screening systems segment has led the market in 2017 and is estimated to maintain this trend for the forecast period. People screening systems are used to detect concealed weapons, explosives or other contraband without requiring physical contact between the security screener and the person being screened. Airports segment is expected to grow at highest CAGR during the forecast period owing to improvement of airport infrastructure and growing in security threats.
North America is projected to largest market share of the global passenger security equipment marketdue to expenditure on the passenger security equipment by governments. The increasing investment is marked due to illegal and unethical activities at the train stations, airports, bus stands, and seaports apart from the security threats. Growth in terrorist activities in North America, the Canadian government approved a bill to provide security awareness in June 2017.
Some of the key players in the global passenger security equipment market are Honeywell International, Orbocomm, Rapiscan Systems,L-3 Communications, Kapsch, Siemens AG, Rockwell Collins, Safran Group, Raytheon Group, and Smiths Group.
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Scope of the Global Passenger Security Equipment Market
Global Passenger Security Equipment Market by Transport Infrastructure
• Bus Stations
• Airports
• Seaports
• Train Station
Global Passenger Security Equipment Market by Type
• Fire Safety & Detection System
• Baggage Inspection System
• Intrusion Detection and Prevention System
• Explosive Detection System
• People Screening Systems
• Video Surveillance
• Others
Global Passenger Security Equipment Market by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players operating in the Global Passenger Security Equipment Market
• Honeywell International, Inc.
• Orbocomm
• L3 Technologies, Inc.
• Kapsch
• Siemens AG
• OSI Systems
• Rockwell Collins
• Safran Group
• Raytheon Group
• Smith Group, Plc.
• Anixter
• Avigilon
• Harris
• HID Global
• Lockheed Martin
• Northrop Grumman
• Rapiscan Systems
Passenger Car Security Systems are systems designed to permit or deny access to vehicles.
Advanced microelectronics and RF technologies have improved security functions and featured new capabilities.
Currently, the technologies most widely and successfully applied in these systems are Immobilizer, RKE, PKE and PKG.In 2014, the global production of the passenger car security systems reaches over 126 million units; the growth rate is around 5% during the last five years.
And we estimate the growth rate will be stable in the following years.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-passenger-car-security-systems-2019-2024-450According to this study, over the next five years the Passenger Car Security Systems market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 7460 million by 2024, from US$ 6870 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Passenger Car Security Systems business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Car Security Systems market by product type, application, key manufacturers and key regions and countries.This study considers the Passenger Car Security Systems value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.ImmobilizerRemote Keyless Entry (RKE)Passive Keyless Entry (PKE)Passive Keyless Go (PKG)Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.OEMAftermarketThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.BoschContinentalDelphi AutomotiveAlps ElectricTRW AutomotiveLearHellaValeoTokai RikaMitsubishiFortinViperAvitalCheetahMitechCompustarAutowatchCrimestopperScorpion GroupiKeylessChanghuiYameiHirainShouthern DareHongtaiIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future development.Research objectivesTo study and analyze the global Passenger Car Security Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Passenger Car Security Systems market by identifying its various subsegments.Focuses on the key global Passenger Car Security Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Passenger Car Security Systems with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Passenger Car Security Systems submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.Get the Complete Report & TOC @ https://www.grandresearchstore.com/automotive-and-transportation/global-passenger-car-security-systems-2019-2024-450Table of content2019–2024 Global Passenger Car Security Systems Consumption Market Report1 Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology1.5 Economic Indicators1.6 Currency Considered2 Executive Summary2.1 World Market Overview2.1.1 Global Passenger Car Security Systems Consumption 2014–20242.1.2 Passenger Car Security Systems Consumption CAGR by Region2.2 Passenger Car Security Systems Segment by Type2.2.1 Immobilizer2.2.2 Remote Keyless Entry (RKE)2.2.3 Passive Keyless Entry (PKE)2.2.4 Passive Keyless Go (PKG)2.3 Passenger Car Security Systems Consumption by Type2.3.1 Global Passenger Car Security Systems Consumption Market Share by Type (2014–2019)2.3.2 Global Passenger Car Security Systems Revenue and Market Share by Type (2014–2019)2.3.3 Global Passenger Car Security Systems Sale Price by Type (2014–2019)2.4 Passenger Car Security Systems Segment by Application2.4.1 OEM2.4.2 Aftermarket2.5 Passenger Car Security Systems Consumption by Application2.5.1 Global Passenger Car Security Systems Consumption Market Share by Application (2014–2019)2.5.2 Global Passenger Car Security Systems Value and Market Share by Application (2014–2019)CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
The statistical surveying report on the global Passenger Car Security Systems Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts.
The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions.
The statistical data derived from authentic resources and assisted by industry experts.
It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.
The global passenger car security systems market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform.
This passenger car security systems market report also splits the market by regions: Americas (United States, Canada, Mexico, Brazil), APAC (China, Japan, Korea, Southeast Asia, India, Australia), Europe (Germany, France, UK, Italy, Russia, Spain), Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries).
The Global Passenger Boarding Bridge Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of this market.
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