Monday, July 13, 2020

Transportation Security Technology Market 2025 Business Development Technology and Growth Analysis - Raytheon Company, Smiths Detection

Transportation security technology is used in various industry segments to ensure safety of goods, products, or people in transit.

The global transportation security technology market has registered a significant growth, owing to the rise in need for public safety. The Transportation Security Administration (TSA) is an agency of the U.S. Department of Homeland Security, which has an authority over the security of the public travelling in the United States. TSA's aim is to ensure the most effective and efficient transportation security. It shoulders the responsibility for the security of over 20,000 domestic flights per day and over 2,000 outbound international flights per day. TSA also screens approximately 2 million passengers per day and over 700 million passengers every year.

Major Key Players of the Transportation Security Technology Market are:
Raytheon Company, Smiths Detection, Security Electronic Equipment, Lockheed Martin, L-3 Communications Holdings, Inc., Honeywell International, Inc., Rapiscan Systems, United Technologies Corporation, Alstom, and Kapsch.



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