According to a new
market report published by Transparency Market Research
“Transportation and Security System Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,”
the transportation and security system market was valued at USD 36.40
Billion in 2014, which is expected to reach USD 74.50 Billion by
2021, growing at a CAGR of 10.9% from 2015 to 2021. This is a market
research report consists of detailed analysis of transportation and
security system market from a global aspect and forecast the market
in terms of revenue (USD billion) from 2015 to 2021. This report
undergoes a comprehensive analysis of the transportation and security
system market from all the various aspects of the market. Drivers and
restrains impacting the market are included in the report. Market
opportunities of transportation and security system are also included
in the report. Transportation security system finds application in
all the different modes of transportation which includes roadways,
railways, seaways and airways. Transportation security is highly
important is it forms the basics of different transportation modes
and is essential for a safe and secured journey of passengers. The
reasons for substantial growth in demand for transportation security
are the exponential increase in terrorist activities coupled with
increase in criminal activities such as smuggling of drugs and
prohibited items through airways, and seaways in the countries of
Asia Pacific. These factors are responsible for increase in demand in
transportation and security system market. Moreover, the increasing
awareness about vehicle safety is also driving the growth of
transportation and security system market as people are getting more
conscious about road safety. Moreover the Government norms and
regulation on public transport safety is also driving the
transportation and security system market globally.
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Research Report of Transportation and Security System Market :
Asia Pacific is a
very attractive market for transportation and security systems with a
substantial demand for security instruments and devices in countries
such as India, China, and Japan due to increase in road and air
transport which requires a number of security measures to be
implemented in order to ensure safe and secured transportation.
Increase in the number of terrorist activities in the region is also
another factor behind the rising demand for transportation and
security systems.
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Report :
Access control and
surveillance are the most important parts of a transportation and
security system. Based on systems, the transportation and security
system market can be further segmented into: access control,
surveillance, fire safety, scanning and biometrics. Access control
held the largest market share in 2014 due to increase in terrorist
activities backed by the rise in smuggling of prohibited goods across
all modes of transportation globally, the prevention of which
requires proper and strict monitoring along with enhanced security
scanning. Among the modes of transportation, roadways dominate the
global transportation and security system market as compared to
railways, airways, and seaways.
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Release of Transportation and Security System Market :
The report is
segmented by transportation modes, systems and geography. Market
drivers, restraints, and opportunities of the transportation and
security system market are included in the report. Current market
trends from 2015 to 2021 are also highlighted in the study. Future
market trends that are expected to influence the market is also
included in the report. The report has been segmented into North
America, Europe, Asia-Pacific and Rest of the World based on
geographic region. The report also includes market scenario current
market size and market trends from 2015 to 2021.
Strategic analysis
of the global transportation and security system market and the
growth trends for the forecast period 2015 to 2021 is also provided
in the report. The scope of the report includes various market
segments on a competitive basis based on cross sectional analysis,
types, module and in-depth analysis of the transportation and
security system market across various geographic segments. The
systems used in transportation and security system market include
access control, surveillance, scanning, fire safety and biometrics.
Company profiles of market leaders are also included in this report
to have a detailed overview of the market. Market attractiveness
analysis helps to identify the most attractive market in different
regions based on product portfolio.
Company market share
analysis of the various industry participants along with company
overview, financial and business strategies and recent developments
in the field of transportation and security system market are
provided in the report. Major market participants profiled in this
report include Alstom, Honeywell International, Kapsch Group, L-3
Communications, Lockheed Martin, Orbcomm, Smiths Group, Rapiscan
Systems Saab Ab-B, and Safran Group among others.
The Global
Transportation and Security System Market have been segmented as
follows:
Global
Transportation and Security System Market: By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
The report provides
a cross-sectional analysis of all the below segments with respect to
the above mentioned regions.
Global
Transportation and Security System Market: By Modes
- Roadways
- Railways
- Airways
- Seaways
Global
Transportation and Security System Market: By Systems
- Access control
- Surveillance
- Fire safety
- Scanning
- Biometrics
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Transparency Market
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quantitative forecasting and trends analysis provides forward-looking
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employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
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