According to a new market research report published by Credence Research, “Automated Border Control Market (By Product Type (Automated Border Control e-Gates and Automated Border Control Kiosks), By End-use (Airports, Land Ports, and Sea Ports), By Component (Hardware and Software), By Geography (North America, Europe, Asia Pacific, and Rest of the World)) – Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global automated border control market was valued at US$ 526.7 Mn in 2017 and expected to expand at a CAGR of 18.3% during the forecast period from 2018 to 2026.
Browse the full Automated Border Control Market (By Product Type (Automated Border Control e-Gates and Automated Border Control Kiosks), By End-use (Airports, Land Ports, and Sea Ports), By Component (Hardware and Software), By Geography (North America, Europe, Asia Pacific, and Rest of the World)) – Growth, Future Prospects, and Competitive Landscape, 2018 -2026 report at https://www.credenceresearch.com/report/automated-border-control-market
Investments made by the governments for developing robust security infrastructure at air, land and sea ports augurs well with the market growth worldwide. According to the passenger survey conducted by the International Air Transport Association’s (IATA) in 2017, one of the biggest pain points for air passengers remains airport border control processes. With air traffic continuing to rise at an unprecedented level owing to the emergence of new airlines and routes, airport authorities are forced to deploy smart and intelligent checkpoint solutions for improving passenger processing without compromising security and safety. For majority of the airports, it is very difficult to expand an existing terminal or build a new one to accommodate increase in passenger count. Automated border control solutions like e-Gates and kiosks allow airport authorities to address this issue by quickening the border crossing process and ensuring the safety of each entry or exit point.
Need for Ensuring Passenger Convenience During Border Crossing Process to Spur Demand for Automated Border Control (ABC) Solutions
The global automated border control market was valued at US$ 526.7 Mn in 2017 and expected to expand at a CAGR of 18.3% during the forecast period from 2018 to 2026. National borders are strategic transit points and hence demand implementation of highest standards of control for protecting passengers and citizens alike. Demand for automated border control solutions is on a rise due to rising security concerns and imminent need to ensure traveler convenience during border crossing process. Security concerns have made it imperative for concerned authorities to deploy advanced automated solutions to ensure public safety. With ongoing technological advancements, automated border control solutions are expected to become more robust and reliable, augmenting their adoption in the coming years. For instance, their integration with the existing access control and perimeter control systems will not only improve border crossing and processing time, but also security of passengers.
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Airports to Continue Generating Significant Demand for Automated Border Control Solutions
In 2017, demand for automated border control solutions was highest at airports. In terms of value contribution, airports accounted for over three-fourth of the global market value in the same year. Air traffic has soared over the last few years and with number of air passengers expected to double in the next 20 years, the trend shall continue. With several airport projects in pipeline, especially in the emerging economies, fresh installations of automated border control systems are expected to surge at airports. Demand for automated border control solutions at seaports would be greatly benefitted by the governments push for securing borders at seaports and consequent upgrades to the existing security infrastructure. The following figure represents contribution of different end-use segments to the global automated border control market in 2017.
Europe to Continue Dominance through the Forecast Period
In terms of value contribution, Europe was the largest automated border control market worldwide in 2017. The region accounted for over 40% of the total market value in the same year. The influx of migrants into several EU countries over the last few years has raised security concerns related to unauthorized overstays, crime, and cross-border terrorism. According to the European Commission, it is forecasted that border crossings in and out of the EU will reach around 887 million by 2025. This is expected to increase digitalization of border security through use of access control and automated border control solutions. North America is also expected to witness strong growth during the forecast period owing to the efforts and investments made by the U.S. government to limit security breaches at all land, air, and sea ports of entry within next five years.
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1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.5. Approach Adopted
- Executive Summary
2.1. Global Automated Border Control Market Snapshot
2.2. Global Automated Border Control Market, By Product Type, 2017 (US$ Mn)
2.3. Global Automated Border Control Market, By End-use Application, 2017 (US$ Mn)
2.4. Global Automated Border Control Market, By Component, 2017 (US$ Mn)
2.5. Global Automated Border Control Market, By Geography, 2017 (US$ Mn)
- Global Automated Border Control Market Analysis
3.1. Global Automated Border Control Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. Attractive Investment Proposition, By Geography, 2017
3.5. Competitive Landscape …
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