Middle East and Africa 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)
The border security market in the MEA is expected to grow from US$ 4,002.34 million in 2021 to US$ 5,838.15 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2021 to 2028. Development of laser weapon system for fighter aircraft is also bolstering the growth of the industry. Laser weapon systems are gaining major demand from countries which hold high military power. Escalating development of advanced weapons systems 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 highly precise laser weapon systems is increasing. Rise in investments by various nations and intensive R&D activities performed by the market players create new opportunities for the development of the laser systems for enhanced border security. Lockheed Martin developed a laser weapon system for fighter jets, thereby 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, which, in turn, is expected to fuel the growth of the border security market during 2021–2028.
The border security market in the Middle East & Africa is majorly affected by the disruption in the supply chain. Owing to the various containment measure initiated by the governments such as travel restrictions, factory shutdowns, and lockdowns, the supply and distribution of defense equipment have been hampered. The countries in this region have over-dependence on oil revenue. Moreover, due to travel restrictions across the world, there has been a drastic drop in the revenue collection of the Middle Eastern countries. However, the continued presence of both US and Russian military forces in this region shows the persistent need for border security and other defense related solutions for markets in this region. Further, in critical focus areas of the defense sector, such as air and missile defense, border security, and cyber, the constant need for technologically advanced products to ensure security of the nation will prove to be beneficial for the border security market. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on growth of various industries in the region have negatively impacted the growth of border security market in 2020, and the market will gain traction during the second half of 2021.
Based on environment type, the ground segment led the MEA border security market in 2020. The major concerns associated with the national border security include the people arriving from other countries to live, work, or smuggle in illegal goods. Border crossings, formal security controls, and substantial fences offer suitable protection; however, in remote areas, the cost of giving as well as maintaining effective physical barriers is very high. Thus, the Blighter radars are being deployed as the primary detection sensor for high-range remote surveillance platforms, and they have the ability to sense slow moving targets, even in mountainous terrains. It is considered as the perfect solution for the detection and remote surveillance of vehicles, and people trying to cross borders illegally. The ground-based laser weapon system has a significant adoption rate in almost all leading military nations, which will ultimately drive the border security market.
The overall MEA border security market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the MEA border security market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the MEA border security market. 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; and Thales Group are among the leading companies in the MEA border security market
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