Airport Passenger Screening Systems Market is Expected to Grow at a CAGR of 4.5% by 2021

PUNE, India, 2017-Jun-29 — /EPR Network/ —Market Synopsis of Airport Passenger Screening Systems:  The Global Airport Passenger Screening Systems Market is expected to grow at a CAGR of around 4.5% during 2016-2021. Infrastructural development, increase in air traffic, strict regulation to counter security threats are the major factors contributing to the growth and development of the market.

Europe Middle East and Africa (EMEA) is the leading market with approx. 35% of the market share as of 2015. Asia Pacific will grow at the highest CAGR by 2021. Countries such as China, India, Philippines and Indonesia, are planning to invest over $100 billion in new airports over the next decade to accommodate burgeoning passenger traffic in the region, which would have positive impact on the market.

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Key Players of Airport Passenger Screening Systems Market:

  • CEIA
  • L-3 Communications Security & Detection Systems
  • RapiScan Systems
  • American Science and Engineering
  • Analogic
  • AUTOCLEAR
  • Nuctech, and Optosecurity

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