Executive Protection Service Market Is Driven By Increasing Threats To High-Profile Individuals

The Global Executive Protection Service Market is estimated to be valued at US$15.93 billion in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024 to 2031.

The executive protection service market involves the provision of close protection and security services to prominent individuals such as high-ranking politicians, business executives, celebrities and other VIPs.

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Super Heavy-lift Commercial Aircraft Market will grow at Highest Pace owing to Increasing Global Freight Transportation
Commercial Aircraft Market Demand for air travel, especially in emerging economies such as China and India, is a major factor driving the commercial aircraft market. Increasing middle-class populations and economic growth are expected to support the need for air transport in Asia Pacific and other developing regions over the next decade.

Key players are also expanding their global footprint by increasing production and delivering more aircraft. For instance, Boeing aims to increase 737 production to 57 per month by 2031. Airbus also plans to grow A320 production to 60-63 per month by 2023-2024. This Global expansion aims to meet surging demand from airlines worldwide.

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