MRRS adds "Border Security System Market by Environment (Ground, Aerial, Naval), System (Laser, Radar, Camera, Wide Band Wireless Communication, Perimeter Intrusion, Unmanned Vehicles, C2C, Biometric Systems), and Geography – Global Forecast to 2022" latest studies, published in January 2017. It is a professional and in-depth study.

“The border security system market expected to grow at a CAGR of 7.16%”
The border security system market is expected to reach USD 52.95 billion by 2022. The use of border security system is going to increase exponentially in the future to counter the terrorist activities, to avoid major casualties, and to ensure safety of the residents and the security troops. The main drivers of this growth are need for advanced technology security systems and the rising territorial conflicts and geopolitical instabilities. However, the stringent regulatory environment is the main restraints of the market.

“The APAC region is expected to grow at the highest CAGR”
The market in the APAC region has been segmented into countries such as China, Japan, India, South Korea, and Rest of APAC. The major driver for the APAC market is the increased investment for strengthening the surveillance and weapon guidance capabilities by China, India, and Japan, and increased spending of governments to tackle terrorist attacks, infiltration, illegal immigration and criminal activities.

“Biometric systems expected to grow at the highest CAGR of among other border security systems”
There would be a significant increase in the demand for biometric systems in the border security system market and it is expected that it would grow at CAGR higher than any other systems between 2016 and 2022. This high growth can be attributed to the adoption of biometric systems on a large-scale to tackle illegal immigration, human trafficking among others. Schemes such as development of national IDs, e-passports, and e-visas are expected to be the main drivers for it.

Breakdown of profile of primary participants:
• By Designation: C-level Executives- 10%, Directors- 40%, others – 50%
• By Region: North America – 60%, Europe – 25%, APAC – 10%, RoW -5%
There is high adoption of unmanned solutions by different military and defence forces. In unmanned systems, there is no risk to human life, no crew to limit its range and endurance, or the fear of being captured. Unprecedented situational awareness, precision targeting, communications relay delivery for fighting and defeating threats in difficult terrains and most demanding and unknown environments are some of the main advantages of using unmanned systems in border security system.

The major players in the border security system market are Lockheed Martin Corporation (U.S.), Raytheon company (U.S.), Northrop Grumman Corporation (U.S.), Thales SA (France), BAE Systems Plc (U.K.), FLIR systems, Inc. (U.S.), and Elbit systems Ltd. (Israel) among others

Table Of Contents
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 16
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Breakdown of primaries 21
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 25
2.4.1 LIMITATIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE BORDER SECURITY SYSTEM MARKET 30
4.2 THE MARKET IN APAC TO SHOW PROMINENT GROWTH DURING THE FORECAST PERIOD (2016–2022) 31
4.3 GLOBAL BORDER SECURITY SYSTEM MARKET, SEGMENT-WISE MARKET SHARE : 2016 32
4.4 GLOBAL BORDER SECURITY SYSTEM MARKET, BY SYSTEM 32
4.5 GLOBAL BORDER SECURITY SYSTEM MARKET, BY ENVIRONMENT 33
5 MARKET OVERVIEW 34
5.1 MARKET SEGMENTATION 35
5.1.1 BORDER SECURITY SYSTEM MARKET, BY ENVIRONMENT 35
5.1.2 BORDER SECURITY SYSTEM MARKET, BY SYSTEM 35
5.1.3 BORDER SECURITY SYSTEM MARKET, BY GEOGRAPHY 37
...

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