Middle East identified as key aviation security market

The report offers a comprehensive view of the global aviation security market on both the supply and demand side. It forecasts that while the performance of the global economy remains sluggish and the outlook remains uncertain, aviation security spending will demonstrate resilience, providing strong growth during 2010 and beyond.

Visiongain calculates that the global aviation security market will reach $20bn in 2011. 

Although North America will continue to lead investment and will remain a substantial part of the global aviation security market in 2011, Visiongain identifies the Middle East as a key regional market to look out for - owing to the robust growth path of its economy, which is stimulating domestic demand for civil aviation and encouraging greater levels of investment in infrastructure. It also expects the emerging Asia Pacific market to become a significant aviation security market to watch. 

The Aviation Security Market 2011-2021 report examines the scope of growth available in the aviation security industry through items such as passenger and baggage scanners, biometrics, digital surveillance and perimeter control. The report also discusses the developments related to the changing demographics of the world population, developing infrastructure, emerging economies, rising GDPs, and the impact of laws and regulations on the civil aviation industry.

As the civil aviation security market adapts to different threats, the future of the industry will look very different, allowing for growth opportunities. In emerging and mature markets, upgrades and expansion of airports to accommodate soaring demand for air travel will provide new sources of demand growth for security systems.

The report notes that in the Middle East and Asia Pacific ambitious construction plans for new international and domestic airports will provide a wealth of new opportunities for aviation security players.