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.
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A full report of Transportation Safety and Transportation Security Market available at: https://www.orionmarketreports.com/transportation-safety-and-transportation-security-market/47771/
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
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
