Border Security Global Market Report 2024

Description

Border security encompasses the comprehensive measures implemented by a nation to safeguard its borders against unauthorized entry, regulate the movement of people and goods, and combat illegal activities such as smuggling and terrorism. This involves deploying a variety of strategies, technologies, and personnel to monitor, patrol, and manage border regions in order to uphold national security, public safety, and regulatory compliance.

Key components in border security include laser, radar, camera, perimeter intrusion detection systems, and others. A laser component comprises various elements utilized in the construction or operation of laser systems. This encompasses diverse segments such as cargo scanners, elemental isotope detectors, ground sensors, radar systems, night-vision goggles, unmanned aerial systems, satellite surveillance, communication systems, biometric systems, and more. These components are deployed across different platforms including land ports, maritime ports, and aviation facilities to enhance border security measures.

The border security market research report is one of a series of new reports from The Business Research Company that provides border security market statistics, including border security industry global market size, regional shares, competitors with a border security market share, detailed border security market segments, market trends and opportunities, and any further data you may need to thrive in the border security industry. This border security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The border security market size has grown strongly in recent years. It will grow from $42.03 billion in 2023 to $46.65 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The expansion observed during the historical period can be attributed to several factors, including the rise in terrorism and transnational threats, challenges associated with migration and refugee crises, increased incidents of drug trafficking and smuggling, advancements in technology facilitating border security measures, and the effects of globalization on trade security.

The border security market size is expected to see strong growth in the next few years. It will grow to $59.97 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. Anticipated growth in the forecast period can be attributed to several factors, including the integration of emerging technologies and AI, innovations in biometrics for improved identification, increasing concerns regarding climate change and environmental pressures, heightened awareness of cybersecurity threats and digital vulnerabilities, and the ongoing need for pandemic preparedness in the face of global health crises. Major trends expected during this period encompass the integration of advanced technologies into border security operations, the adoption of biometric authentication and identity verification systems, the utilization of unmanned aerial vehicles (UAVs) and drones for surveillance and monitoring, implementation of cybersecurity measures to protect critical infrastructure, and the promotion of international collaboration and information sharing to enhance border security efforts.

The escalating instances of territorial conflicts are poised to drive the expansion of the border security market in the foreseeable future. Territorial conflicts, characterized by disputes or disagreements between countries or political entities regarding the control, ownership, or sovereignty of specific land or territory, often necessitate robust border security measures. These conflicts may stem from historical, political, ethnic, economic, or strategic factors. Border security measures play a crucial role in asserting control over disputed territories, safeguarding national borders, managing potential security threats, and enhancing surveillance and control capabilities. For example, as reported by ReliefWeb, a US-based digital service for humanitarian affairs coordination, terrorist attacks became more lethal in 2022, with an average of 1.7 deaths per attack compared to 1.3 deaths in 2021. Consequently, the escalating instances of territorial conflicts are driving the growth of the border security market.

Leading companies in the border security sector are adopting a strategic partnership approach to deliver comprehensive solutions and address the multifaceted challenges associated with border control. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For instance, in February 2023, BAE Systems, a UK-based aerospace company, forged a partnership with the Home Office, a UK-based government department. This collaboration aims to enhance the detection of national security threats at the UK border through a project named Cerberus, which utilizes advanced data analytics. The three-year contract, valued at $49.4 million (£38 million), will facilitate real-time risk assessments to identify high-threat movements of goods and people while expediting the clearance of low-threat goods and individuals. Consequently, this initiative will enhance efficiencies for Border Force, contributing to UK prosperity and facilitating smooth flow across borders.

In April 2023, Maqta Gateway LLC, a leading digital trade solutions company based in the United Arab Emirates, completed the acquisition of TTEK Inc. for an undisclosed sum. This strategic move is geared towards solidifying Maqta Gateway's position as a global leader in digital trade solutions, with a focus on providing comprehensive, secure, and efficient border control systems to governments and businesses across the globe. TTEK Inc., headquartered in Vietnam, specializes in the development and provision of border control and customs solutions, making it a valuable addition to Maqta Gateway's portfolio in the digital trade sector.

Major companies operating in the border security market report are Cobham plc., Raytheon Technologies, Airbus SE, Lockheed Martin, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems, Safran SA, Thales Group, L3Harris Technologies, Leonardo SpA, Leidos, Booz Allen Hamilton Inc, Motorola Solutions Inc, Harris Corporation (now part of L3Harris Technologies), Elbit Systems, Rheinmetall AG, CACI International Inc, FLIR Systems (now part of Teledyne Technologies), Macquarie Group Limited (Macquarie Infrastructure and Real Assets), Israel Aerospace Industries (IAI), Saab AB, Palantir Technologies, Cubic Corporation, Smiths Detection, OSI Systems Inc, Rapiscan Systems

Asia-Pacific was the largest region in the border security market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the border security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the border security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The border security market consists of revenues earned by entities by providing services such as border patrol, surveillance and monitoring, inspection, interdiction, and enforcement. The market value includes the value of related goods sold by the service provider or included within the service offering. The delta robot market also includes sales of surveillance systems, sensors, radio systems, biometric systems, off-road vehicles, and marine patrol boats. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Border Security Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on border security market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for border security ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The border security market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Component: Laser; Radar; Camera; Perimeter intrusion; Other Components
2) By System: Cargo Scanner; Elemental Isotope Detector; Ground Sensor; Radar System; Night-Vision Goggles; Unmanned Systems; Satellite Surveillance; Communication System; Biometric System; Other Systems
3) By Platform: Land Port; Ports; Aviation
Companies Mentioned: Cobham plc.; Raytheon Technologies; Airbus SE; Lockheed Martin; General Dynamics Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r16786

1. Executive Summary

2. Border Security Market Characteristics

3. Border Security Market Trends And Strategies

4. Border Security Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Border Security Market Size and Growth

5.1. Global Border Security Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Border Security Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Border Security Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Border Security Market Segmentation

6.1. Global Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Laser
Radar
Camera
Perimeter intrusion
Other Components
6.2. Global Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cargo Scanner
Elemental Isotope Detector
Ground Sensor
Radar System
Night-Vision Goggles
Unmanned Systems
Satellite Surveillance
Communication System
Biometric System
Other Systems
6.3. Global Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Land Port
Ports
Aviation

7. Border Security Market Regional And Country Analysis

7.1. Global Border Security Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Border Security Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Border Security Market

8.1. Asia-Pacific Border Security Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Border Security Market

9.1. China Border Security Market Overview
9.2. China Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Border Security Market

10.1. India Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Border Security Market

11.1. Japan Border Security Market Overview
11.2. Japan Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Border Security Market

12.1. Australia Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Border Security Market

13.1. Indonesia Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Border Security Market

14.1. South Korea Border Security Market Overview
14.2. South Korea Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Border Security Market

15.1. Western Europe Border Security Market Overview
15.2. Western Europe Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Border Security Market

16.1. UK Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Border Security Market

17.1. Germany Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Border Security Market

18.1. France Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Border Security Market

19.1. Italy Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Border Security Market

20.1. Spain Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Border Security Market

21.1. Eastern Europe Border Security Market Overview
21.2. Eastern Europe Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Border Security Market

22.1. Russia Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Border Security Market

23.1. North America Border Security Market Overview
23.2. North America Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Border Security Market

24.1. USA Border Security Market Overview
24.2. USA Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Border Security Market

25.1. Canada Border Security Market Overview
25.2. Canada Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Border Security Market

26.1. South America Border Security Market Overview
26.2. South America Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Border Security Market

27.1. Brazil Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Border Security Market

28.1. Middle East Border Security Market Overview
28.2. Middle East Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Border Security Market

29.1. Africa Border Security Market Overview
29.2. Africa Border Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Border Security Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Border Security Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Border Security Market Competitive Landscape And Company Profiles

30.1. Border Security Market Competitive Landscape
30.2. Border Security Market Company Profiles
- 30.2.1. Cobham plc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Raytheon Technologies
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Airbus SE
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Lockheed Martin
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. General Dynamics Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Border Security Market Other Major And Innovative Companies

31.1. Northrop Grumman Corporation
31.2. BAE Systems
31.3. Safran SA
31.4. Thales Group
31.5. L3Harris Technologies
31.6. Leonardo SpA
31.7. Leidos
31.8. Booz Allen Hamilton Inc
31.9. Motorola Solutions Inc
31.10. Harris Corporation (now part of L3Harris Technologies)
31.11. Elbit Systems
31.12. Rheinmetall AG
31.13. CACI International Inc
31.14. FLIR Systems (now part of Teledyne Technologies)
31.15. Macquarie Group Limited (Macquarie Infrastructure and Real Assets)

32. Global Border Security Market Competitive Benchmarking

33. Global Border Security Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Border Security Market

35. Border Security Market Future Outlook and Potential Analysis

35.1 Border Security Market In 2028 - Countries Offering Most New Opportunities
35.2 Border Security Market In 2028 - Segments Offering Most New Opportunities
35.3 Border Security Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer