What is Border Surveillance Market?
Border surveillance is used for safeguarding the border and military. It detects number of threats and delivers real time actionable intelligence. The algorithms are developed to track the activities of people, vehicle, aircrafts, digging and gunfire. The notifications are provided via email or alarms. With this information the military can take the actions immediately. Additionally there are two technologies which can be used for detection of threats that are radar and imaging systems. This type of systems are having high demand due to the requirement which is fueling the market growth.
The market study is being classified by Type (Drone, Surveillance Camera, Imagers, Mobile, Radars and Handhelds), by Application (Coastal Border and Territorial Border) and major geographies with country level break-up.
DJI (China), General Atomics (United States), Leonardo S.p.A (Italy), Lockheed Martin (United States), Northrop Grumman (United States), Thales Group (France), General Dynamics (United States), Honeywell International (United States), FLIR Systems (United States) and Cleveland Electric Laboratories (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Atos SE (France).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Border Surveillance market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Border Surveillance market by Type, Application and Region.
On the basis of geography, the market of Border Surveillance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand in Surveillance Drone is Fueling the Market
- Rising Adoption of Stealth Surveillance Drones
Market Trend
- Introduction of Thermal Imaging
- Technological Advancements in Surveillance Systems
Restraints
- Climatic and Environmental Conditions may hamper the Market
- High Costs Associated with the Surveillance Devices
Opportunities
- Increasing Threats on International Borders
- Capability to Work at Harsh Environments is creating an Opportunity
Challenges
- Wide Range of Threats can be challenging to Detect
Market Leaders and some development strategies
In January 2018, General Atomic has acquired Xagenic Inc. This acquisition will help to perform manufacturing operations.
In March 2019, Moog Inc. has launched Lycos long range precision tracking system. This system has EO/IR cameras with video output for detection.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations