Rise in Terror Plots & Increase in Terror Attacks on International Airports Drive the Global Market for Airport Security Equipment
The global market for Airport Security Equipment is forecast to reach US$15.7 billion by 2024 , driven by the rising threat of global terrorism and use of airports as conduits for spreading terrorism. A large number of the most deadliest terrorist attacks have been on international airports and sea ports. Over the last few years, despite the increase in security measures undertaken, airports continue to be preferred targets for terror attacks. Airport security breaches continue to rise especially in commercial aviation which remains a popular choice for terrorists to spread violence. This is largely because airports as popular public crowded places are perfect for inflicting the most damage on human life as it enables successful implementation of carnage plans. Also airports as enablers of global trade and business are perfect for making the deepest global impact in terms of publicity and media coverage, disruption of cross border trade, and interruption in business travel. In ad...