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Has the Market Finally Reached its Procurement Summit?
The airport screening technologies market serves a crucial role in US aviation security. Its function is so important that acquisition, equipment specifications, maintenance, operations testing, and evaluation is all governed by the Transportation Security Administration (TSA). The enclosed research service contains details about key airport screening technology market segments as well as the expected government spending within each segment. The research service also identifies market participants, in addition to some market drivers and restraints affecting the airport screening technologies market.
-In 2013, total government contract obligations distributed for airport screening technologies amounted to an estimated $ million.
-The Transportation Security Administration (TSA) expects to spend a cumulative total of $ billion on airport screening technologies from 2014 through 2019.
-Morpho Detection Inc. led the US airport screening technologies market in 2013, acquiring $ million in contract obligations.
-In 2013, the government awarded% of contract obligations toward equipment maintenance. The funds were designated for upgrades, preventive maintenance, decommissioning and relocating systems, and for the operational testing and evaluation of systems.
-The airport screening technologies market will continue to be driven by terrorism and attempts to transport illegal and dangerous items.
-The TSA has requested an estimated $ million for the Electronic Baggage Screening Program (EBSP). This will be the highest funded government program in support of the US airport screening technologies market.
-The TSA is seeking screening technology to process more people faster and with greater efficiency.
Key Questions This Study Will Answer
Is the US airport screening market growing, how long will it continue to grow, and at what rate?
Who are the existing competitors and that are obtaining the largest share of government contracts in support of airport screening technologies?
Is this an industry or a market? Will these companies/products/services continue to exist or will they get acquired by other companies? Will the products/services become features in other markets?
What are the key US government airport screening technology programs?
Are airport screening products/services offered today meeting customer needs or is additional development needed?
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