In a recent published report, Kenneth Research has updated the market report for Latin America Airport Security Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Latin America Airport Security Market products.
The Latin America airport security technologies, industry & markets are going through major shifts driven by consistent aviation cargo and passenger’s growth and the growth of aftersales revenues. New and maturing sectors and technologies such as Automated Border Control Kiosks, Cargo Screening, Cybersecurity, Airport Perimeter Security Systems and Advanced ICT Technologies create new market niches and business opportunities. According to the report, several Latin America aviation security national markets are forecasted to make a comeback, generating a 2014-2020 two digit CAGR. For example, Colombia’s market will grow at a CAGR of 11.6%.
According to the report, the Latin America market growth is boosted by the following drivers:
The Latin America air passenger and air cargo volume growth, particularly in Brazil, Colombia and Mexico
Advancements in security infrastructure and screening technologies
The moderate growth of the aviation sector in other regions
The need to streamline airport security processes and reduce passengers’ waiting time
Replacement and upgrades of outdated systems
Growing aftersale revenues
The Final Report will cover the impact analysis of COVID-19 on this industry:
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The report examines each dollar spent in the market via 3 orthogonal money trails:
By 4 National Markets
Rest of Latin America
By 15 Technology Markets:
Baggage & Cargo X-ray Scanners
Security Related ICT & Cybersecurity
Whole Body Scanners (AIT)
Explosive Detection Systems (EDS)
Security Related Baggage Handling Systems (BHS)
Explosives Trace Detectors (ETD)
Liquid Explosives Detectors
Workforce ID Documents Screening Systems
Automated Border Control
CCTV & Radar Surveillance
Multi-modal Security Systems and Other Modalities
By 3 Revenue Sources:
Planning, Consulting & Training
This Latin America Airport Security Market – 2015-2020 report is a valuable resource for executives with interests in the industry. It has been explicitly customized for industry and urban decision-makers to identify business opportunities, developing technologies, market trends and risks, as well as to benchmark business plans.
Questions answered in this 2-volume 362-page report include:
What will the Latin America market size be in 2015-2020?
What are the Latin America main Airport Security technology trends?
Where and what are the Latin America Airport Security market opportunities?
What are the Airport Security market drivers and inhibitors?
Who are the key Airport Security vendors?
What are the challenges to the Airport Security market?
The Latin America Airport Security Market – 2015-2020 report presents in 362 pages, 48 tables and 139 figures, analysis of current and pipeline technologies and 37 leading vendors.
This report, granulated into 27 vertical and horizontal submarkets, provides for each submarket 2013-2014 data, analyses and projects the 2015-2020 market and technologies from several perspectives, including:
Business opportunities and challenges
Market analysis (e.g., market dynamics, market drivers and inhibitors)
Current and pipeline technologies by 15 technology markets (see list above)
Companies operating in the market (profiles, products and contact info): ADANI, American Science and Engineering Inc., Appealing Products Inc. (API), Auto Clear, BAHIA Corp (Sibel Ltd.), Biosensor Applications, Brijot Imaging Systems, CEIA, ChemSee, DetectaChem LLC, Fisher Labs, Flir Systems. Ion Applications Inc, Gilardoni SpA, Hitachi, IBM, Ketech Defence, L-3 Communications Security & Detection Systems, LIXI Inc, Lockheed Martin, MINXRAY Inc., MilliVision, Mistral Security Inc, Morpho Detection Inc., Nuctech Co. Ltd., QinetiQ Ltd., Rapiscan Security Products Inc., Red X Defense, Scanna MSC Ltd., Scent Detection Technologies, Scintrex Trace, Smiths Detection, Syagen Technology. Thermo Electron Corporation, TeraView, ThruVision Systems, Vidisco Ltd., Westminster International Ltd.
Access For Full Report here: https://www.kennethresearch.com/sample-request-10073323
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