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Global aviaton security market: $18.71 billion industry in 2013

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World Aviation Security Market 2013-2023 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-21 04:48:01
Internal threats and external threats at airport facilities and on aircraft continue to be a major concern in many countries around the world. Over the last ten years or so, there has been increasing emphasis on adopting security measures to reduce these threats. This has culminated in an acceleration in aviation security spending on technologies and related services.The evolution of the threat means that avation security programmes are critical and need to be assessed on a regular basis. But it is becoming apparent that the recent surge in spending may be over. Goverments in many mature markets are under pressure to cut spending and this will invariably have a knock on effect on national aviaiton security markets.Furthermore many of these programmes are coming towards the end. Whilst these factors will restrain growth in these mature national markets, in emerging markets new build rates and the need to harmonise aviation security measures will drive growth. It has been determined that the value of the world aviation security market in 2013 will reach $18.71bn.

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