As per the research conducted by GME, theBorder Security SystemMarket will grow with a CAGR value of 7.16 per cent by 2026.Global demand for innovative border defence technologies is being driven by increasing geopolitical disruptions and border disputes. Furthermore, increased deployment of border defence surveillance aircraft, ground helicopter gunships, attack helicopters, armoured aircraft, naval vessels, and submarines is projected to accelerate the development of the border security market, throughout the forecast period.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Border Security System Market - Forecast to 2026"
https://www.globalmarketestimates.com/market-report/global-border-security-system-market-3070
By Environment (Ground, Aerial, and Naval), By System (Laser, Radar, Camera, Wide Band Wireless Communication, Perimeter Intrusion, Unmanned Vehicles, C2C, and Biometric Systems), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
- The upgrade of established border defence technology is opening up new business prospects for the border security market.
- The ground segment is leading as per the environment outlook because of the surge in the adoption of land border control systems by many developed and developing countries.
- The radar segment is leading as per the system outlook because radar offers an OEM with tremendous packaging and operational versatility.
- North America reportedly accounts for a substantial market share due to the availability of higher military budgets.
- Raytheon Company, Northrop Grumman Corporation, Lockheed Martin Corporation, Thales Group, BAE Systems PLC, FLIR Systems, Inc., Elbit Systems Ltd, Cobham PLC, Leonardo SpA, and General Dynamics Corporation are the major players in the border security system market.
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Environment System Type Outlook (Revenue, USD Billion, 2021-2026)
- Ground
- Aerial
- Naval
System Outlook (Revenue, USD Billion, 2021-2026)
- Laser
- Radar
- Camera
- Wide Band Wireless Communication
- Perimeter Intrusion
- Unmanned Vehicles
- C2C
- Biometric Systems
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Central & South America
- Brazil
- Argentina
- Rest of CSA
Middle East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
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