13 August 2018
Visiongain’ has launched a new energy report Border Security Market Report 2017-2027: Forecasts by Type (Perimeter Surveillance and Detection Systems, Biometrics and ICT Systems, Manned Platforms, Unmanned Systems, Physical Infrastructure, Support and Other Services), and by Environment (Ground, Aerial, Naval), with Key National Markets Forecast
Border security has become essential as the first line in defence in protecting the civilians of a nation state, routinely labelled as a government’s first duty to it citizens. In addition, international cooperation agreements have been drawn up in order to protect continental borders and provide surveillance on the movements of people and goods. Also essential to the global border security market is the nature of state threats on national borders. Many countries have secured their border in order to increase their defence against possible warfare with historically hostile neighbouring states. Such perceptions of threats will drive many countries’ spending in some of the more tense areas and regions around the world.
The visiongain report analyst commented ““Border security plays a critical role in securing a state. With increasing population movements and regional tensions, spending on border security is forecast to remain confident over the forecast period. Given how difficult and varied the challenges to border security are, continued innovation from the leading companies in this sector is expected.”
Leading companies featured in the report who are involved in the border security market include Airbus Group SE, Elbit Systems, Finmeccanica SpA, FLIR Systems Inc, Israel Aerospace Industries (IAI), and L-3 Communications Holdings.
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