Transportation Safety and Transportation Security Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The global transportation security technology market was valued at $33,130.0 million in 2017 and is expected to generate revenues of $61,272.1 million by 2025, with a CAGR of 8% from 2021 to 2027. Transportation security technology is used in a variety of industries for the safety of goods and products., Or people while traveling. The technology consists of systems and services that provide security in all means of transport: airways, waterways, roads and railroads. This technology is primarily used in airport security, courier companies, railway departments, public transport, logistics, port security and returnable transport items. The reason for the significant increase in demand for transport security equipment is due to advanced security during transport.

Market Players

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

Transportation Safety and Transportation Security Market Segments:

By Transportation Mode

• Airway
• Waterway
• Roadway
• Railway

By Application

• Video surveillance
• Passenger & baggage screening system
• Cargo inspection system
• Perimeter intrusion detection
• Access control
• Nuclear & radiological detection
• Fire safety & detection system
• Tracking & navigation system
• Others

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Transportation Safety and Transportation Security Market Report

• What was the Transportation Safety and Transportation Security Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Transportation Safety and Transportation Security Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Transportation Safety and Transportation Security Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.