London, 20 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Transportation Safety and Market in Europe 2014-2018.
Transportation safety and security systems are highly advanced integrated systems that form an integral part of aviation, cargo supply chain, maritime and other popular passenger transport systems like roadways and railways. The Transportation Safety and Transportation Security Market in Europe is expected to grow at a CAGR of 8.31 percent during the forecast period.
About the Report
The latest report by TechNavio focuses on increasing concerns over public safety in the transportation sector. With the rise in terrorist attacks on sensitive modes of transport, it has become imperative for government authorities to boost their security infrastructure to protect life and cargo alike.
In addition, the report highlights the growing adoption of chemical, biological, radiological and nuclear (CBRN) systems. These systems are weapons of mass destruction and are used extensively by terrorists to strike crowded transportation systems.
“CBRN defense systems are different from common modes of attack as they are highly undetectable and portable and can cause unparalleled damage. Concerns over the potential severity of an attack from these systems is expected to have a very immediate impact on the growth rate of the Transportation Safety and Security Market in Europe,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increased Concern over Public Safety
- For a full detailed list, view our report.
Market Challenges:
- Loopholes in Safety and Security Systems
- For a full detailed list, view our report.
Market Trends:
- Adoption of CBRN Defense Systems
- For a full detailed list, view our report.
Key Vendors:
- Alstom SA
- Robert Bosch GmbH
- Siemens AG
- Thales SA
Other Prominent Vendors:
- Avigilon
- HID Global
- Nice Systems
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
