Boston, MA -- (SBWIRE) -- 11/03/2015 -- The aviation industry faces threats from multiple dimensions considering the various stakeholders in the industry. The threat is targeted to airports, service providers, and air traffic control systems. The global aviation system is targeted by attackers focusing on cyber terrorism, information theft, and other similar objectives on a larger scale. The growing air travel industry, stringent regulatory requirements, and continuous increase in the sophistication of threats necessitate airports to become highly vigilant and integrate smarter security solutions to keep up with current and future demand. These factors drive investments toward the development of identification and screening technologies, such as the radio frequency identification (RFID) technology, biometrics systems and prototype screening devices, to strengthen the security at airports.
Technavio's analysts forecast the global aviation security market to grow at a CAGR of 7.17% over the period 2014-2019.

Covered in this report
The report provides a comprehensive overview of the market shares, market segmentation by system, and growth prospects by region (Americas, APAC, and EMEA). It also presents the market landscape and a corresponding analysis of the five major vendors in the market. In addition, the report discusses the primary drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Global Aviation Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global aviation security market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Get More Details on this Report and a Full Table of Contents at Global Aerospace Components Aviation Security Market 2015-2019

Key Regions

-Americas
-APAC
-EMEA

Key Vendors

-American Science and Engineering
-Analogic
-G4S
-L-3 Communications
-Morpho Detection (Safran)

Other Prominent Vendors

-ACO Electronics
-CEM Systems
-GE Security
-Rockwell Collins
-Westminster Aviation Security Services

Key Market Drivers

-Increase in air traffic
-For a full, detailed list, view our report

Key Market Challenges

-Cost associated with screening systems
-For a full, detailed list, view our report

Key Market Trends

-Integration of IT in airport security
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2019 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: American Science & Engineering, Analogic, G4S, L-3 Communications, Morpho Detection (Safran), ACO Electronics, CEM, GE, Rockwell Collins, Westminster Aviation.

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