Global Transportation Security Technology Market to Reach $61,272.1 Million by 2025, With CAGR 8% - Allied Market Research
Thursday, July 12, 2018
PORTLAND, Oregon and PUNE, India, July 12, 2018 /PRNewswire/ --
According to a recent report published by Allied Market Research, titled,
"Transportation Security Technology Market
[https://www.alliedmarketresearch.com/transportation-security-technology-market ] by
Transportation Mode and Application: Global Opportunity Analysis and Industry Forecast,
2017-2025," the global transportation security technology market was valued at $33,130.0
million in 2017 and is projected to reach $61,272.1 million by 2025, growing at a CAGR of
8.0% from 2018 to 2025.
(Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg )
Transportation security technology finds applications in various industry segments, to
confirm safety of goods, products, or people in travel. This technology is majorly used in
airport security, courier companies, railway departments, mass transit, logistics, port
security, and returnable transport items. The demand for transportation security equipment
has been increasingly significantly, owing to the advanced security while in transit.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/250
At present, the North America region dominates the global transportation security
technology market. The region has major players offering advanced solutions. This is
attributed to the extensive adoption of advanced technology by the region for the security
of public and infrastructure, which is expected to propel the market growth. An example of
such adoption is the Canadian Air Transport Security Authority (CASTA), which is an agent
crown corporation funded by the government. In 2017, CASTA screened over 68.1 million
passengers and their belongings at airport checkpoints across the country.
In the transportation mode segment, the airway sub-segment dominated the market in
2017, owing to the highest availability of airports throughout the world.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/250
KEY FINDINGS OF THE STUDY
- In 2017, the airway sub-segment generated the highest revenue in the global
transportation security technology market.
- In 2017, the video surveillance sub-segment generated the highest revenue among the
application segment in the global transportation security technology market.
The key market players profiled in the report include Raytheon Company, Smiths
Detection, Inc., Security Electronic Equipment Co. Ltd., Lockheed Martin, L-3
Communications Holdings, Inc., Honeywell International, Inc., Rapiscan Systems, United
Technologies Corporation, Alstom, and Kapsch.
Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at:
Knowledge tree is a cloud-based intelligence platform that offers more than 2,000
selective, off-the-shelf reports on niche markets to enable our clients gain deep insights
on the latest trends, dynamic technologies, and emerging application areas.
Automotive Biometric Market - Global Opportunity Analysis and Industry Forecast,
2018-2024 [https://www.alliedmarketresearch.com/automotive-biometric-market ]
Collision Avoidance System Market - Global Opportunity Analysis and Industry Forecast,
2017-2023 [https://www.alliedmarketresearch.com/collision-avoidance-system-market ]
Allied Market Research (AMR) is a full-service market research and business-consulting
wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides
global enterprises as well as medium and small businesses with unmatched quality of
"Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view
to provide business insights and consulting to assist its clients to make strategic
business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in
digging out market data that helps us generate accurate research data tables and confirms
utmost accuracy in our market forecasting. Each and every data presented in the reports
published by us is extracted through primary interviews with top officials from leading
companies of domain concerned. Our secondary data procurement methodology includes deep
online and offline research and discussion with knowledgeable professionals and analysts
in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1 855 550-5975
SOURCE Allied Market Research
||Allot Teams With Lifeboat Distribution to Safeguard North American Enterprise and ISP Markets With Secure Service Gateway | Jul 17, 2018
||Infoblox Enables Rapid Automation of Core Network Services for Data Centers | Jul 17, 2018
||Global Bakery Products Industry | Jul 17, 2018
||Global Cosmetic Chemicals Industry | Jul 17, 2018
||Bioavailability Enhancement Technologies and Services Market, 2018-2030 | Jul 17, 2018
||Parkinson's Disease Market: Pipeline Review, Developer Landscape and Competitive Insights, 2018-2028 | Jul 17, 2018
||Global Tire Cord Industry | Jul 17, 2018
||360-Degree Camera Market, 2023 - Focus on Media & Entertainment, Consumer, Military & Defense, Travel & Tourism, Automotive, Commercial & Healthcare | Jul 17, 2018
||E2open's Multi-enterprise Cloud Connectivity Platform Earns Frost & Sullivan's Prestigious Product Leadership Award | Jul 17, 2018
||KPMG advances transformation of enterprise business management and healthcare data compliance with Microsoft Azure-based solutions | Jul 17, 2018