Automated Border Control Market by Solution Type (ABC e-Gate and ABC Kiosk), Component (Hardware, Software, and Services (Installation and Maintenance)), Application (Airport, Land Port, and Seaport), and Geography - Global Forecast to 2025
Pune, India -- (SBWIRE) -- 06/18/2018 -- Automated border control is an automated system that initiates processing as soon as the traveler enters and assures that the passenger is the rightful holder of the document. It includes modern technologies of e-gate such as border control software and facial recognition. Automated border control provides an efficient solution to airport systems and also provides passengers a convenient experience. These solutions improve border crossing time, allowing passengers to pass through the gate automatically, reducing the risk of human error and related time loss. Automated border control detects frauds with greater risk with the help of electronic microprocessors.
The Automated Border Control Solution Market is in its nascent stage, and QYReports Research analyst predicts the market to grow CAGR at a rate of +17% during the forecast period.
This statistical surveying research report on the Global Automated Border Control Solution Market is an all-encompassing study of the industry sectors, up-to-date outlines, industry development, drivers, and restraints. It provides market projections for the coming years. It contains an analysis of late augmentations in innovation, Porter's five forces analysis and progressive profiles of hand-picked industry competitors. The report furthermore articulates an analysis of trivial and full-scale factors indicated for the new and tenured candidates in the market along with a methodical value chain exploration.
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Top Key Vendors in Market: OT-Morpho (France), secunet Security Networks (Germany), Indra Sistemas (Spain), Arjo Systems (France), IER SAS (France), and Cognitec Systems (Germany)
With the increase in air travelling and number of passengers, airports have to handle a lot of passengers at a time. The increase in air travel is a result of factors like increase in the number of people traveling abroad for higher education and career opportunities, decrease in the cost of air travel, increase in the mobility of people, and rising wealth of HNWI (high-net-worth individual) individuals Other factors such as advancements in infrastructure in developing countries, and growth in the number of domestic and international airports are significant factors driving the growth of the automated border control market.
The competitive landscape of the Global Automated Border Control Solution Market is discussed in the report, which also includes the player's market share. The report profiles some of the leading players in the global market for the purpose of an in-depth study of the challenges faced as well as growth opportunities in the market. The report also considers the approaches implemented by the main corporations to sustain their hold on the industry. The business synopsis and financial synopsis of each of the companies have been examined.
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On the basis of geographical regions, the Global Automated Border Control Solution Market is segmented broadly into Latin America, Europe, the Middle East and Africa, and Asia Pacific. The global market is still in its exploratory stage in most of the regions but it holds the promising potential to flourish steadily in coming years. The major companies investing in this market are situated in Canada, U.K., and the US, India, China and some more countries of Asia Pacific region. Consequently, Asia Pacific, North America, and Western Europe are estimated to hold more than half of the market shares, collectively in coming years.
In the last sections of the report, the manufacturers responsible for increasing the sales in the Automated Border Control Solution Market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.
Table of Content:
Global Automated Border Control Solution Market Research Report
Chapter 1 Automated Border Control Solution Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix