North America Border Security Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Environment (Ground, Aerial, and Underwater) and 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, and Others)
Market Introduction
The US, Canada, and Mexico are major economies in North America. The region is notable for technological advancements and is characterized by high disposable individual incomes, higher standards of living, and rapid technological advancements in the arena of military & defense. Also, North America has the largest fleet of defense aircrafts in the world. General Dynamics Corporation, Honeywell International Inc., United Technologies, and Raytheon Corporation are other major aircraft manufacturers having their bases in North America. Northrop Grumman, General Dynamics, and Lockheed Martin are among the major defense aircraft suppliers operating in the region, thus presenting a tremendous opportunity for the market players to enhance their footprint globally. Huge volumes of military fleets operating in domestic as well as international arena coupled with an increasing border security in the region is increasing the need for defense aircraft, which are integrated with advanced laser and radar technology. The region has a maximum number of laser weapon manufacturing companies, which leads to robust competition in the laser weapon systems for border security. Rising competition in the region encourages these companies to offer enhanced designs, power, and strength for defense weapons, through continuous development, at a lower cost than their counterparts in the market. The market players are developing new laser and radar weapon systems with enhanced range, power, and energy consumption. For instance, the US Navy is deploying laser weapon systems on its nine destroyers as an evolution part of the weapon systems. The nine destroyers are being nonlethal Optical Dazzling Interdictor, defense bases from aerial attack, and Navy (ODIN) system to protect ships. Similarly, the US Air Force awarded a contract of US$ 15.5 million to Raytheon Technologies to upgrade its ground-vehicle laser weapon systems.
The US is the most affected country in North America in terms of number of infections which has led the government to impose various containment measure such factories shut down, travel restrictions, closure of international borders and lockdowns. Due to dependence on the global supply chain for supply of raw materials, there has been delays in execution of the Pentagon’s major defense acquisition programs. The region is expecting market recovery and economic improvement with the start of the COVID-19 vaccination. Although the companies in this region still has the risk of market uncertainties from tough business environment associated with the disruptions in supply chain, various factors such as government efforts like increased progress payments and payroll tax deferrals have helped the manufacturers to have a positive cash flow.
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Market Overview and Dynamics
The border security market in North America is expected to grow from US$ 16562.82 million in 2021 to US$ 21532.10 million by 2028; it is estimated to grow at a CAGR of 3.8% from 2021 to 2028. Development of laser weapon system for fighter aircraft; Laser weapon systems are gaining major demand from countries such as the US which hold high military power globally. Escalating development of advanced weapons system and increasing adoption of drones or unmanned vehicle for military operations are creating enormous demand for advanced defensive weapons. Several drones and advanced weapons are creating severe damage owing to which the demand for high-precise laser weapon systems is increasing. The growing investment by various nations and intensive R&D activities performed by the market players create new opportunities for the growth of the laser system for enhanced border security. For instance, the US's self-protect high-energy laser demonstrator (SHiELD) initiative opens a new application area for laser weapon systems. Lockheed Martin developed a laser weapon system for fighter jets, thus bringing a new level of advancement for war fighters. The laser weapons in fighter jets are intertwining the ability to shoot down missiles in flight and get an advantage over adversaries. This is bolstering the growth of the border security market
Key Market Segments
In terms of environment type, the ground segment accounted for the largest share of the North America border security market in 2020. In terms of system type, the unmanned vehicles segment held a larger market share of the border security market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the border security market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BAE Systems plc; Elbit Systems Ltd.; FLIR Systems, Inc; Israel Aerospace Industries Ltd.; Leonardo S.p.A.; Lockheed Martin Corporation; Northrop Grumman Corporation; SaaB AB; Safran; Thales Group.
Reasons to buy report
- To understand the North America border security market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America border security market
- Efficiently plan M&A and partnership deals in North America border security market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America border security market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
NORTH AMERICA BORDER SECURITY MARKETSEGMENTATION
North America Border Security Market – By Environment
- Ground
- Aerial
- Underwater
North America Border Security Market – By System
- Unmanned Vehicles
- Radar Systems
- Command and Control (C2) Systems
- Wide-band Wireless Communication Systems
- Camera Systems
- Perimeter Intrusion Detection Systems
- Laser Systems
- Biometric Systems
- Others
North America Border Security Market, by Country
- US
- Canada
- Mexico
North America Border Security Market -Companies Mentioned
- BAE Systems plc
- Elbit Systems Ltd.
- FLIR Systems, Inc
- Israel Aerospace Industries Ltd.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- SaaB AB
- Safran
- Thales Group
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Border Security Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Border Security Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Mounting Demand from Unmanned Vehicles
5.1.2 Growing Investment in Advanced Weapon Systems
5.2 Market Restraints
5.2.1 Low Adoption of RADAR and Laser Border Security Systems Across Asian Countries
5.3 Market Opportunities
5.3.1 Development of Laser Weapon System for Fighter Aircraft
5.4 Future Trends
5.4.1 Increasing Adoption of Intelligent Surveillance System:
5.5 Impact Analysis of Drivers and Restraints
6. Border Security Market – North America Market Analysis
6.1 North America Border Security Market Overview
6.2 North America Border Security Market Forecast and Analysis
7. North America Border Security Market Revenue and Forecast to 2028 – Environment
7.1 Overview
7.2 North America Border Security Market Breakdown, By Environment (2020 and 2028)
7.3 Ground
7.3.1 Overview
7.3.2 Ground Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Aerial
7.4.1 Overview
7.4.2 Aerial Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Underwater
7.5.1 Overview
7.5.2 Underwater Market Revenue and Forecasts to 2028 (US$ Million)
8. North America Border Security Market Analysis– By System
8.1 Overview
8.2 North America Border Security Market Breakdown, By System (2020 and 2028)
8.3 Laser System
8.3.1 Overview
8.3.2 Laser System Market Revenue and Forecasts to 2028 (US$ Million)
8.4 Radar System
8.4.1 Overview
8.4.2 Radar System Market Revenue and Forecasts to 2028 (US$ Million)
8.5 Camera System
8.5.1 Overview
8.5.2 Camera System Market Revenue and Forecasts to 2028 (US$ Million)
8.6 Perimeter Intrusion Detection Systems
8.6.1 Overview
8.6.2 Perimeter Intrusion Detection Systems Market Revenue and Forecasts to 2028 (US$ Million)
8.7 Unmanned Vehicles
8.7.1 Overview
8.7.2 Unmanned Vehicles Market Revenue and Forecasts to 2028 (US$ Million)
8.8 Wide-band Wireless Communication Systems
8.8.1 Overview
8.8.2 Wide-band Wireless Communication Systems Market Revenue and Forecasts to 2028 (US$ Million)
8.9 Command and Control (C2) Systems
8.9.1 Overview
8.9.2 Command and Control (C2) Systems Market Revenue and Forecasts to 2028 (US$ Million)
8.10 Biometric Systems
8.10.1 Overview
8.10.2 Biometric Systems Market Revenue and Forecasts to 2028 (US$ Million)
8.11 Others
8.11.1 Others Market Revenue and Forecasts to 2028 (US$ Million)
9. North America Border Security Market – Country Analysis
9.1 Overview
9.1.1 North America: Border Security Market – Revenue and Forecast to 2028 (US$ Million)
9.1.3 North America: Border Security Market, by Key Country
9.1.3.1 US: Border Security Market – Revenue and Forecast to 2028 (US$ Million)
9.1.3.1.1 US: Border Security Market, By Environment
9.1.3.1.2 US: Border Security Market, By System
9.1.3.2 Canada: Border Security Market – Revenue and Forecast to 2028 (US$ Million)
9.1.3.2.1 Canada: Border Security Market, By Environment
9.1.3.2.2 Canada: Border Security Market, By System
9.1.3.3 Mexico: Border Security Market – Revenue and Forecast to 2028 (US$ Million)
9.1.3.3.1 Mexico: Border Security Market, By Environment
9.1.3.3.2 Mexico: Border Security Market, By System
10. Impact of COVID-19 Pandemic on North America Border Security Market
10.1 Overview
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
12. Company Profiles
12.1 Lockheed Martin Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Thales Group
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 FLIR Systems, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 BAE Systems plc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Elbit Systems Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Northrop Grumman Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SaaB AB
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Leonardo S.p.A.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Israel Aerospace Industries Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Safran
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Border Security Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Border Security Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Border Security Market, By Environment –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Border Security Market, By System –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Border Security Market, By Environment – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Border Security Market, By System – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Border Security Market, By Environment – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Border Security Market, By System – Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Border Security Market Segmentation
Figure 2. North America Border Security Market Segmentation – By Country
Figure 3. North America Border Security Market Overview
Figure 4. Ground Segment held the Largest Share of North America Border Security Market
Figure 5. Unmanned Vehicles Segment held the Largest Share of North America Border Security Market
Figure 6. US to Show Great Traction During Forecast Period
Figure 7. Porter’s Five Forces Analysis
Figure 8. Border Security Market, Ecosystem
Figure 9. North America Border Security Impact Analysis of Drivers and Restraints
Figure 10. North America Border Security Market Forecast and Analysis (US$ Million)
Figure 11. North America Border Security Market Breakdown, By Environment (2020 and 2028)
Figure 12. Ground Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Aerial Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. Underwater Market Revenue and Forecasts to 2028 (US$ Million)
Figure 15. North America Border Security Market Breakdown, By System (2020 and 2028)
Figure 16. Laser System Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. Radar System Market Revenue and Forecasts to 2028 (US$ Million)
Figure 18. Camera System Market Revenue and Forecasts to 2028 (US$ Million)
Figure 19. Perimeter Intrusion Detection Systems Market Revenue and Forecasts to 2028 (US$ Million)
Figure 20. Unmanned Vehicles Market Revenue and Forecasts to 2028 (US$ Million)
Figure 21. Wide-band Wireless Communication Systems Market Revenue and Forecasts to 2028 (US$ Million)
Figure 22. Command and Control (C2) Systems Market Revenue and Forecasts to 2028 (US$ Million)
Figure 23. Biometric Systems Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. Others Market Revenue and Forecasts to 2028 (US$ Million)
Figure 25. North America: Border Security Market – Revenue by Country to 2028 (US$ Million)
Figure 26. North America: Border Security Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. US: Border Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: Border Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: Border Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in North American Country Markets
- BAE Systems plc
- Elbit Systems Ltd.
- FLIR Systems, Inc
- Israel Aerospace Industries Ltd.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- SaaB AB
- Safran
- Thales Group
- To understand the North America border security market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America border security market
- Efficiently plan M&A and partnership deals in North America border security market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America border security market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region