Border security systems Market
Border security systems Market - Global Industry Assessment & Forecast
#
Pages:
145
2022
Mar - 2022
VMR-1344
Segments Covered
By
Environment Ground, Aerial, Underwater
-
By
Systems 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)
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 48.06 Million |
 Revenue 2030:
|
USD 81.35 Million |
 Revenue CAGR
(2023 - 2030): |
6.80% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Border security systems Market by Environment by Systems - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
At the later stage, the primary research is conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- Overall Border security systems market size and regional/segmental trends
- Company market share and competitive scenario
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Border security systems market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market.
Vantage Market
Research | 08-Mar-2022
FAQ
Frequently Asked Question
What is the global demand for Border security systems in terms of revenue?
-
The global Border security systems valued at USD 48.06 Million in 2022 and is expected to reach USD 81.35 Million in 2030 growing at a CAGR of 6.80%.
Which are the prominent players in the market?
-
The prominent players in the market are Lockheed Martin Corporation, Raytheon Company, Thales SA, Flir Systems, Inc., BAE Systems PLC, Elbit Systems, Northrop Grumman Corporation, Saab AB, Finmeccanica SPA, Israel Aerospace Industries Ltd., Safran, Rockwell Collins, Inc., Airbus Group SE, Moog, Inc., Controp Precision Technologies Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Border security systems include
- Rising adoption of unmanned system solutions by different military and defense forces
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Border security systems in 2022.
