Border Security Market Is Expected To Reach USD 42.02 Billion By 2030


 San Francisco, 10 Oct 2024: The Report Border Security Market Size, Share & Trends Analysis Report By Domain (Land, Maritime, Airborne), By Systems, By Installation (New Installations, Upgradation), By Vertical, By Region, And Segment Forecasts, 2024 - 2030

The global border security market size to reach USD 42.02 billion in 2030 and is expected to grow at a CAGR of 6.8% from 2024 to 2030. The market growth is driven by the increasing geopolitical tensions, cross-border crimes, and the need for advanced surveillance systems. Governments worldwide are investing heavily in modernizing their border security infrastructure to enhance national security. The market encompasses a wide range of technologies, including unmanned aerial vehicles (UAVs), biometrics, radar systems, and advanced detection and tracking systems. The adoption of artificial intelligence (AI) and machine learning (ML) in border security is also gaining traction, enabling real-time threat detection and response. The growth is further propelled by collaborations between defense contractors and governments, leading to the development of innovative solutions tailored to specific border security needs.

Security products are widely utilized across various industries for applications, including aerial photography and videography, mapping and surveying, rescue operations, asset inspection, research, and emergency response. The increasing adoption of unmanned aircraft, as well as unmanned ground and underwater vehicles in the defense sector, is anticipated to boost the demand for advanced long-range obstacle detection and collision avoidance systems. Moreover, the growing need for security is being driven by the deployment of autonomous systems for tasks such as site exploration, rescue and recovery missions, location surveillance, and crowd monitoring by defense forces and regulatory authorities.

Emerging countries are increasingly pressured to maintain the highest levels of security due to the growing number of threats. In response, governments have implemented advanced border protection technologies to ensure effective and reliable security measures. These strategies are designed to identify and neutralize potentially harmful risks that could threaten national security. Additionally, security technologies come in various forms, each offering unique advantages. Innovations such as security scanners, electronic gates, perimeter intrusion detection systems, surveillance cameras, land vehicles, radar systems, maritime and riverine vessels, airplanes and helicopters, and unmanned aerial vehicles (UAVs, UGVs) are enhancing protection against a wide range of threats from different platforms.

Access Research Report of Border Security Market @ https://www.grandviewresearch.com/industry-analysis/border-security-market-report

Recent Developments

  • In August 2024, Canadian border authorities introduced a new app designed to assist in tracking individuals who have been ordered to leave the country. The Canada Border Services Agency (CBSA) will use facial biometrics to verify identities and employ the app to monitor their locations. The app, called ReportIn, is intended to enable foreign nationals and permanent residents who are subject to immigration enforcement conditions to report their status without needing to visit a CBSA office in person.
  • In April 2024, ideaForge Technology Ltd., a prominent player in drone technology and manufacturing, unveiled new cutting-edge solutions aimed at strengthening its position in the U.S. market. These advanced solutions for Border Protection and Public Safety highlight the company's dedication to tackling key challenges faced by border patrol agencies and law enforcement through technological innovation.
  • In June 2023, SITA introduced its most advanced intelligence and targeting solution to date. This offering serves as the core for dynamic and integrated border management, aiding governments in identifying and managing risks well before they approach their land, sea, and air borders. SITA Intelligence and Targeting employs sophisticated risk assessment techniques and artificial intelligence to greatly reduce the time required for strategic risk analysis and operational situational awareness across various data streams. This allows for actionable intelligence to be gathered, enabling proactive measures against high-risk individuals before they enter the country.

Key Border Security Company Insights

Key border security companies include Northrop Grumman Systems Corporation, Airbus SAS, Lockheed Martin Corporation, and General Dynamics Corporation. Companies active in the border security market are focusing aggressively on expanding their customer base and gaining a competitive edge over their rivals. Hence, they pursue various strategic initiatives, including partnerships, mergers & acquisitions, collaborations, and new product/ Installation development. For instance, in March 2024, drone manufacturer Garuda Aerospace introduced Trishul, a new surveillance drone designed for border patrol operations. This drone is capable of monitoring human movement, natural disasters, and traffic conditions, among other applications. Equipped with an array of sensors, including high-definition cameras, infrared, and radar, Trishul offers detailed data on speed and potential safety threats.

Key Border Security Companies:

The following are the leading companies in the border security market. These companies collectively hold the largest market share and dictate industry trends.

  • Northrop Grumman Systems Corporation
  • Airbus SAS
  • Lockheed Martin Corporation
  • General Dynamics Corporation
  • BAE Systems
  • Thales
  • RTX Corporation
  • Elbit Systems Ltd.
  • RAFAEL Advanced Defense Systems Ltd.
  • Teledyne FLIR LLC

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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