Transportation Security Technology Market Sets $123.47 Bn by 2034

Transportation Security Technology Market Research, Trends and Forecast by 2034

The global transportation security technology market, projected at USD 56.98 billion in 2024, is expected to reach USD 123.47 billion by 2034, growing at a CAGR of 8.04% over the forecast period. North America leads the transportation security technology market, driven by growing infrastructure investments. Asia Pacific is set for the highest growth, fueled by rising air passengers. Airways dominate due to air transport benefits, while passenger screening expands with more airports worldwide.

Last Updated: 17 March 2025 Category: Automotive Technology Insight Code: 1633 Format: PDF / PPT / Excel

The transportation security technology market is anticipated to grow from USD 61.56 billion in 2025 to USD 123.47 billion by 2034, with a compound annual growth rate (CAGR) of 8.04% during the forecast period from 2025 to 2034.

Transportation Security Technology Market Size 2023 - 2034

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Introduction

The transportation security technology market is a crucial sector of the automotive and transportation industry. This industry deals in developing advanced technologies for enhancing security in transportation sector.  There are several types of transportation covered under this sector comprising of airways, waterways, roadways, railways and some others. There are several applications of this technologies consisting of video surveillance, passenger & baggage screening system, cargo inspection system, perimeter intrusion detection, access control, nuclear & radiological detection, fire safety & detection system, tracking & navigation system and some others. The rising investment for developing the transportation infrastructure in different parts of the world has contributed to the industrial expansion. This market is expected to grow significantly with the rise of the automotive technology sector around the globe.

US Public Sector Investment in Transportation Infrastructure in USD (2017-23)

  • According to the Bureau of Transportation Statistics, the public sector investment in transportation infrastructure in the U.S. was US$ 125.4 billion in 2017 that increased to US$ 167.3 billion in 2023.

Highlights of the Transportation Security Technology Market

  • North America held the largest share of the transportation security technology market due to the growing investment in the transportation infrastructure in this region.
  • Asia Pacific is expected to grow with the highest CAGR due to the rising number of air passengers in this region.
  • The airways segment held a significant share of the market due to the increasing consumer awareness about the benefits of air transport.
  • The passenger & baggage screening system segment is expected to grow with a notable growth rate due to the rise in number of airports across the world.

Key Metrics and Overview

Market Size in 2024 USD 56.98 Billion
Projected Market Size in 2034 USD 123.47 Billion
CAGR (2025- 2034) 8.04%
Leading Region  North America
Market Segmentation  By Type, By Application and By Region
stop Key Players/ Companies Kapsch Aktiengesellschaft, Lockheed Martin Corporation, United Technologies Corporation, Security Electronic Equipment Co., Honeywell International Inc, 
  • Several companies are investing heavily for developing advanced devices for detecting explosives in airports to enhance safety of air passengers. For instance, in June 2024, TSA launched a 3D scanner. This scanner is designed to detect explosives in airports.
  • Numerous airports are integrating advanced technologies for enhancing the screening process in airports. For instance, in September 2024, Denver International Airport (DEN)launched an advanced screening technology. This biometric facial recognition technology helps in lessening the time of boarding processes.
  • Various organizations are constantly engaged in research and development of satellites for improving transportation security. For instance, in August 2023, the China National Space Administration launched Xichang Satellite. This satellite is designed for enhancing transportation security system of sea, land, air and space.

Industry Leader Announcement

In September 2024, Martin Smillie, the vice president for communications and data exchange at SITA made an announcement stating that,” Demand for secure and reliable network access controls is higher than ever, particularly in airports where traffic and device segregation is paramount in different areas of airport infrastructure and security zones, As external threats to digital infrastructure escalate, this solution will ensure that essential communication systems keep ahead, with built-in safeguards at access points and switches. SITA Managed NAC provides complete visibility and control over communication networks, allowing customers to monitor who is accessing what, when, and from where."

Geographical Insights

North America held the highest share of the transportation security technology market. The rising demand for advanced security in the transportation sector has boosted the market growth. Also, the increasing government investment for developing the transportation infrastructure along with the presence of several airports is crucial for the industrial expansion. Moreover, the growing need for public safety in the U.S. and Canada is driving the market in a positive direction.

Competitive Landscape

Transportation Security Technology Market Companies

The transportation security technology market is a highly competitive industry with the presence of several dominating players. Some of the crucial players in this industry consists of Kapsch Aktiengesellschaft, Lockheed Martin Corporation, United Technologies Corporation, Security Electronic Equipment Co., Honeywell International Inc, L3 Technologies, Inc, Raytheon Company and some others. These companies are constantly engaged in developing advanced technologies for enhancing transportation security and adopting numerous strategies to maintain their dominant position in this industry.

Kapsch Revenue in Million Euros (2021-24)

  • According to the annual report of Kapsch, the revenue of the company in 2021-22 was 519.8 million euros in 2021-22 that increased to 538.8 million euros in 2023-24.

Market Segmentations

By Type

  • Airways
  • Waterways
  • Roadways
  • Railways

By Application

  • Video surveillance
  • Passenger & baggage screening system
  • Cargo inspection system
  • Perimeter intrusion detection
  • Access control
  • Nuclear & radiological detection
  • Fire safety & detection system
  • Tracking & navigation system
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America  
  • Middle East and Africa
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About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The transportation security technology market was valued at US$ 61.56 billion in 2025.

North America dominated this industry.

The growing demand for public safety along with advancements in surveillance technology has driven the market growth.

Some of the prominent players of this industry consists of Honeywell International Inc, L3 Technologies, Inc, Raytheon Company, Kapsch Aktiengesellschaft, Lockheed Martin Corporation, United Technologies Corporation, Security Electronic Equipment Co., Limited, Smiths Group Plc (Smiths Detection Inc.), Osi Systems, Inc. (Rapiscan Systems), ALSTOM SA and some others.

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