Global Border Security System Industry

Global Border Security System Industry

  • March 2020 •
  • 369 pages •
  • Report ID: 5798069 •
  • Format: PDF
Border Security System market worldwide is projected to grow by US$18.9 Billion, driven by a compounded growth of 6.3%. Ground, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$29.6 Billion by the year 2025, Ground will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over  US$857.4 Million to the region’s size and clout in the next 5 to 6 years.  Over US$611.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Ground will reach a market size of US$1.7 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 10.4% over the next couple of years and add approximately US$3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • BAE Systems Plc
  • Canon Inc.
  • Cobham Plc
  • Leonardo DRS
  • Elbit Systems Ltd.
  • FLIR Systems Inc.
  • General Atomics
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Company
  • Thales SA.