Market Overview:
The border security system is an essential part of protection and security for every country in the world. The military force as well as the technological enhancement playing a major role in border safety. The border security system consists of different systems such as RADAR, Laser, camera, etc. which helps to detect the threats on the border.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Airbus Group SE (Border security business acquired by HENSoldt) (United States), BAE Systems PLC (United Kingdom), Elbit Systems (Israel), Leonardo SpA (Italy), FLIR Systems Inc (United States), General Dynamics Corporation (United States), Harris Corporation (United States), Israel Aerospace Industries (IAI) (Israel), L-3 Technologies Inc (United States), Leidos Holdings Inc (United States), Lockheed Martin Corporation (United States) and Northrop Grumman Corporation (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Border Security System Market Study:
Airbus Group SE (Border security business acquired by HENSoldt) (United States), BAE Systems PLC (United Kingdom), Elbit Systems (Israel), Leonardo SpA (Italy), FLIR Systems Inc (United States), General Dynamics Corporation (United States), Harris Corporation (United States), Israel Aerospace Industries (IAI) (Israel), L-3 Technologies Inc (United States), Leidos Holdings Inc (United States), Lockheed Martin Corporation (United States) and Northrop Grumman Corporation (United States)
Border Security System Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Detection Systems, Communication Systems, Command and Control Systems and Others |
Type | Underwater, Ground and Aerial |
End-User | Government bodies,Raw agencies |
System | Laser Systems,Radar Systems,Camera Systems,Perimeter intrusion detection systems,Unmanned Vehicles,Wide-band Wireless Communication Systems,Command and Control (C2) Systems,Biometric Systems,Others (RF Jammers and Microwave intrusion detection systems) |
Influencing Trend:
Increasing Technological Enhancement For Security Systems
Market Growth Drivers:
Increasing Demand For Security And Protection Aspects and Growing War And Fight Situations
Challenges:
High-Cost Investment Required
Restraints:
Hacking And Other Cyber Attacks Diffuse The Systems
Opportunities:
Growing Rivalries Between Developed Countries
Some of the other players that are also part of study are QinetiQ Group Plc (United Kingdom), Raytheon Company (United States), Rockwell Collins Inc (United States), Thales SA (France), Flir Systems, Inc (United States) and Saab AB (Sweden).
Latest Industry Highlights:
On 12th February BAE system will increase their development in mass detection and securitywhich will help to protect national security in this project funding is sponsored from U.S. Defence Advanced Research Projects Agency's (DARPA).
On 20th January BAE system announced that is entered into an agreement to acquire Collins Aerospace’s Military Global and Raytheon’s Airborne Tactical Radios Business.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Border Security System market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Border Security System market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Original equipment manufacturers (OEMs), Border Security Solution Providers, OEM technology solution providers, Technology investors, Governments and financial institutions, Analysts and strategic business planners, Governments Agencies, Industry organizations and End-user industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.