Dubai, UAE – With the increase in new airport construction in the Middle East, the need to boost and modernise airport security in the region will increase spending in this sector to AED 212 million (US$ 57.7 mn) by 2015, according to research.
The Middle East Airport Security Market Assessment Report states that spending in this sector has a CAGR of 7.5 per cent from 2008’s AED 127.7 million (US$ 34.7 mn). The study has estimated the region accounts for 14.4 per cent of the global Critical Infrastructure Protection Market.
Research findings by leading consultants Frost and Sullivan indicate that UAE airport security spending has been estimated at AED 31.6 million for 2009, accounting for as much as 23 per cent of the total Middle East expenditure in the sector.
“With the aviation industry in the Middle East on the high growth path and new terminals and airports being planned or under construction across the region, airport security and surveillance systems will be an interesting topic at Intersec 2011,” said Ahmed Pauwels, Chief Executive Officer of Epoc Messe Frankfurt GmbH, organiser of the event.
“Dubai’s new Al Maktoum International airport currently under way at Jebel Ali and already open for cargo flights, will eventually be the world’s largest passenger terminal. On completion the airport will be five times larger than the current Dubai International Airport and will handle 120 million passengers annually. This will drive demand for the latest in fool-proof security systems, perimeter security and surveillance gadgets,” Pauwels added.
“The increase in the levels of international terrorism has also necessitated a hard look into the current state of affairs in this sector by governments and security agencies as well as the private sector,” said Pauwels.
According to IMS research in their report entitled: “Middle East Market for CCTV and Video Surveillance – 2010 edition” the Middle East market for video surveillance equipment will grow by over 10% in 2010 and the region is forecasted to grow strongly towards 2013.
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Intersec trade fair and conference has played a major role in the last 12 years in reflecting the security industry worldwide. The exhibition and conference combines a strong international profile, with a huge regional impact.
Intersec 2011 showcased the latest technologies and apparatus in Commercial Security & Information Security, Aviation, Homeland Security & Policing, Fire & Rescue and Safety & Health.
www.intersecexpo.com
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EPOC Messe Frankfurt GmbH is a subsidiary of Messe Frankfurt, Germany’s leading trade fair organiser. With 450 million Euros in sales in 2010* and more than 1,770 employees worldwide, Messe Frankfurt brings 800 years of experience to Dubai, the strategic hub for the region. The Messe Frankfurt Group has a global network of 28 subsidiaries, five branch offices and 52 international Sales Partners giving it a presence for its customers in more than 150 countries.
The successful portfolio of events of Epoc Messe Frankfurt GmbH in Dubai includes: Intersec trade fair and conference, Materials Handling Middle East, Hardware+Tools Middle East, Garden+Landscaping Middle East, Light Middle East, Beautyworld Middle East, Automechanika Middle East, and now also Paperworld Middle East and Playworld Middle East.
For more information, please visit our website at: www.uae.messefrankfurt.com
*Preliminary figures for 2010