Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

A Thorough Examination of the European Airport Security Equipment Market.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c60513) has announced the addition of the new Frost & Sullivan report "European Airport Security Equipment Market: Investment Analysis" to their offering.

The Frost & Sullivan research service titled European Airport Security Equipment Market: Investment Opportunities provides the 5 main investment themes, industry economics, growth monitor, private equity, mergers and acquisitions and venture capital activity. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: Perimeter and access control (sub-segments include Perimeter Fencing, Alarms and Sensors, Electronics Doors & Locks Biometrics), Monitoring (sub-segments include CCTV CCTV
abbr.
closed-circuit television


CCTV closed-circuit television
, Digital Surveillance, Intercom and Video Door Phone) and Fire and explosives detection (sub-segments include Metal Detectors, X-ray and Infrared Equipment and Explosives Detection System).

Continued Terrorist Threats and EU Legislations Drive Market Growth

Spurred on by continued terrorist threats, European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the

European Community
 (EU) airport security regulations and constant breaches despite security beef ups, countries across Europe are further heightening focus on strengthening airport security. Moreover, the dramatic increase in passenger traffic had initiated Eurocontrol to renew its air traffic forecasts for Europe. The new forecast is likely to lead to a substantial increase in airport capacity through upgrade programs and new construction of passenger terminals. In addition, the privatization privatization: see nationalization.
privatization

Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned
 of some of the European airports necessitates better security equipment to meet the latest international security standards mainly with a view to attain world class airports status. Aided by these factors, the European airport security equipment market is set for considerable growth in the coming years, offering lucrative opportunities for the investment community.

Among the market sub-segments, the close circuit television (CCTV) and the perimeter fencing sub-segments look prospective for the private equity investors. Although the CCTV market is at a mature phase, there is good growth potential for the sub segment in Eastern European countries. "Eastern Europe Eastern Europe

The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991.
 holds significant potential for CCTVs as countries just entering the European Union are beginning to adopt new security measures Noun 1. security measures - measures taken as a precaution against theft or espionage or sabotage etc.; "military security has been stepped up since the recent uprising"
security
 prescribed by the European commission European Commission, branch of the governing body of the European Union (EU) invested with executive and some legislative powers. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the European Community ," notes the analyst of this research service. "The perimeter fencing sub segment meanwhile is currently seeing a consolidation wave with many small companies being acquired by larger conglomerates."

Biometrics Segment holds Tremendous Promise

Continuing with the market segments, the biometrics segment holds enormous promise. The renewed push by European authorities to study measures similar to the USA's fledgling Registered Traveler The Registered Traveler Pilot Program is an airline passenger security assessment system that was tested in the United States air travel industry in 2005. It was used in several U.S.  program came into being soon after they uncovered the alleged plot to blow up passenger jets en route to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Concrete decisions regarding the deployment is due in later 2007 and 2008 hence this market presents robust potential opportunity for venture capital investors. Small start up companies with innovative technology can look at financial backing from venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed
5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1]
 as biometrics looks particularly attractive to venture capitalists due to its explosive growth rates Growth Rates

The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.

Notes:
Remember, historically high growth rates don't always mean a high rate of growth looking into the future.
, technology intensive nature, and attractive exit opportunities. Biometrics apart, the explosive detection Explosive detection is a non-destructive inspection process to determine whether a container contains explosive material. Explosive detection is commonly used at airports, ports and for border control.  segment is another segment where there is significant opportunity.

Notwithstanding the growing opportunities, the sluggish response of the EU and individual governments to prioritizing airport security has resulted in the slow purchase of airport security equipment. "The high costs associated with the purchase of airport security equipment is also a major concern," says the analyst. "However this is all likely to change with the increased government budgets available for the countries looking at entering the EU as well as the EU's decision to standardize airport security measures across member countries."

Areas covered:

- Introduction and Methodology

- Industry Fundamentals and Growth Opportunities

- Financial Benchmarking Analysis

For more information visit http://www.researchandmarkets.com/reports/c60513.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Article Type:Industry overview
Date:Jun 22, 2007
Words:584
Previous Article:An Analysis of the Critical Components That Make up Johnson & Johnson.
Next Article:Discover the Important Factors That SMBs Look for When Selecting a Vendor in the UK.
Topics:



Related Articles
Technique that quickly identifies bacteria has applications in food safety, health care, and homeland security.
CBA issues certificates for $127m securitization.
Luxury Williamsburg development a Pillar of the Industry.
AIA's Brandism series ends on high note with premier panel.
BCD acknowledged as an 'Industry Achiever'.
Software deals are hot.
Soul-searching over U.S. competitiveness: much attention and hand-wringing have come over U.S. capital markets' perceived loss of stature. Committees...
Ask FERF about ... draft IFRS for SMEs.
MHI, AREVA and US Partners Propose Plan for U.S. Global Nuclear Energy Partnership.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles