Border Security Market to Grow at 7.89% CAGR to 2019

Nov 11, 2015, 05:00 ET from Sandler Research

PUNE, India, November 11, 2015 /PRNewswire/ --

WINSs are trending in the border security market, as they combine sensing, signal processing, prompt decision-making, and wireless networking in a single compressed power system to identify terrorist activities or weapons and explosives smuggling. The analysts forecast the global border security market to grow at a CAGR of 7.89% over the period 2014-2019. The market can be segmented into manned, unmanned, and perimeter surveillance and detection systems.

Complete report on global border security market spread across 64 pages, profiling 5 major companies and supported with 43 data exhibits is now available at is now available at .

Border security forces safeguard nations' security, economic prosperity, and national sovereignty. They restrict trans-border crimes, smuggling, infiltration, and aid in collecting trans-border intelligence. They can be classified into air and marine wings, artillery regiments, and commando units. Combat aircraft and vehicles, ships, and submarines are an essential part of border security forces. On the other hand, unmanned perimeter surveillance and detection systems are also gaining popularity.

The key players profiled in the Global Border Security Market are Airbus group, Boeing, Cobham, DRS Technologies and Northrop Grumman. And the other prominent vendors in the market are Elbit Systems, Embraer Defense & Security, FLIR Systems, General Atomics Systems and General Dynamics.

According to this report, the market has evolved along with the introduction of new technologies, such as driverless cargo inspection and aerostat systems, preventing the illegal export and import of nuclear materials, explosives, and ammunitions. In addition, they are capable of making autonomous decisions and are cost-effective compared to conventional manned systems.

Further, the report states that the market is hindered by the increased costs incurred from the installation of new technologies and software in these systems, which will lead to the delayed delivery of these products to customers. Order a copy of Global Border Security Market 2015 - 2019 report @

Another related report on the public sector available with is Global Military Radar Systems Market 2015-2019, wherein the analysts forecast a growth of 4.05% CAGR over the period 2014-2019. According to the report, military radars are crucial during wartime for airborne and maritime surveillance, as they can help detect ballistic missile early and locate and fire at targets with great accuracy. Modern military radar systems also have features like built-in threat evaluation that advices the military crew to engage the relevant target. Such systems are extremely important in modern asymmetric warfare and are fitted in a military fleet of aircraft, naval vessel, and land vehicles to enhance surveillance capabilities.

The key players in the global military radar systems market are General Dynamics, Israel Aerospace Industries, Saab, Selex ES (Finmeccanica) and Thales. The other prominent vendors in the market are ASELSAN, Boeing, Harris, Lockheed Martin, Northrop Grumman, Raytheon and Terma. Access the report at .

Explore other reports on semiconductor & electronics market as well as public sector at .

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SOURCE Sandler Research