The global aviation security market will reach USD 20 bn in 2011
According to "The Aviation Security Market 2011-2021",a new market research report on companiesandmarkets.com published end of March, the global aviation security market will reach...
According to "The Aviation Security Market 2011-2021", a new market research report on companiesandmarkets.com published end of March, the global aviation security market will reach USD 20 billion in 2011.
While the performance of the global economy remains sluggish and the outlook remains uncertain, aviation security spending will demonstrate resilience, allowing for strong growth prospects during 2010 and beyond. North America will continue to lead investment and will remain emerging Asia Pacific market to become a significant aviation security market to watch. We identify the Middle East as a key regional market to look out for - owing to the robust growth path of its economy, which is stimulating domestic demand for civil aviation and encouraging greater levels of investment in infrastructure.
As the civil aviation security market adapts to different threats, the future of the industry will look very different, allowing for growth opportunities. In emerging and mature markets, upgrades and expansion of airports to accommodate soaring demand for air travel will provide new sources of demand growth for security systems. In Asia Pacific and the Middle East, ambitious construction plans for new international and domestic airports will provide a wealth of new opportunities for aviation security players.
Report overview
The Aviation Security Market 2011-2021 report examines the scope of growth available in the aviation security industry through items such as passenger and baggage scanners, biometrics, digital surveillance and perimeter control. The report also discusses the developments related to the changing demographics of the world population, developing infrastructure, emerging economies, rising GDPs, and the impact of laws and regulations on the civil aviation industry.
Report scope
The Aviation Security Market 2011-2021 report examines this important sector. We supply a comprehensive review of national markets via analysis of policy documents, news reports, industry publications, market analysis and consultations with experts. This report provides detailed market forecasts, a SWOT analysis, insight into future developments and analyses of commercial drivers and restraints. There are original interviews from key experts who provide insights into different aspects of the global aviation security industry and offer their own analysis.
Key questions answered
- Which regions offer the most significant aviation security market growth opportunities between 2011 and 2021?
- Which regional and national markets spend the most on aviation security?
- What is the forecast for aviation security expenditure from 2011-2021?
- Who are the leading companies in the aviation security market?
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