Ground Segment to Dominate SAM Border Security Market during 2020-2028
According to a new market research study on “SAM Border Security Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Environment and System,” is expected to reach US$ 3187.62 million by 2028 from US$ 2337.37 million in 2021. The market is estimated to grow at a CAGR of 4.5% from 2021 to 2028. The report provides trends prevailing in the SAM border security market along with the drivers and restraints pertaining to the market growth. Growing investment in advanced weapon systems are the major factor driving the growth of the SAM border security market. However, high initial investment and maintenance costs hinder the growth of SAM border security market.
Brazil has the third highest number of COVID-19 cases in the South America, countries including Colombia, Ecuador, Chile, Peru, and Argentina, among others are also witnessing the adverse impacts of the pandemic across various industries. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that the market in South America will face steep decline as the majority of stimulus package deployed by the government were majorly focused to public healthcare and tax relief. In addition to this, the decline in activity was larger in labor-intensive service industries than in capital-intensive primary and manufacturing ones, causing unemployment to jump in most countries. The steep fall in business activities and product sales are expected to directly affect the growth rate of Border Security Market in this region for the next three to four quarters.
The SAM border security market is segmented on the bases of environment, system, and country. Based on environment, the market is segmented into ground, aerial, and underwater. In 2020, the ground segment held the largest share SAM border security market. Based on system, the border security market is categorized as 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. In 2020, the Unmanned Vehicles segment held the largest share SAM border security market.
BAE Systems plc; Elbit Systems Ltd.; FLIR Systems, Inc; Israel Aerospace Industries Ltd.; Leonardo S.p.A.; Lockheed Martin Corporation; SaaB AB; Safran; Thales Group are among the leading companies in the SAM border security market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, UniPrint.net acquired announced the acquisition cloud printing solutions provider ePRINTit a wholly-owned subsidiary of St. Joseph Printing Group Inc.
Brazil has the third highest number of COVID-19 cases in the South America, countries including Colombia, Ecuador, Chile, Peru, and Argentina, among others are also witnessing the adverse impacts of the pandemic across various industries. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that the market in South America will face steep decline as the majority of stimulus package deployed by the government were majorly focused to public healthcare and tax relief. In addition to this, the decline in activity was larger in labor-intensive service industries than in capital-intensive primary and manufacturing ones, causing unemployment to jump in most countries. The steep fall in business activities and product sales are expected to directly affect the growth rate of Border Security Market in this region for the next three to four quarters.
The SAM border security market is segmented on the bases of environment, system, and country. Based on environment, the market is segmented into ground, aerial, and underwater. In 2020, the ground segment held the largest share SAM border security market. Based on system, the border security market is categorized as 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. In 2020, the Unmanned Vehicles segment held the largest share SAM border security market.
BAE Systems plc; Elbit Systems Ltd.; FLIR Systems, Inc; Israel Aerospace Industries Ltd.; Leonardo S.p.A.; Lockheed Martin Corporation; SaaB AB; Safran; Thales Group are among the leading companies in the SAM border security market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, UniPrint.net acquired announced the acquisition cloud printing solutions provider ePRINTit a wholly-owned subsidiary of St. Joseph Printing Group Inc.
The report segments the SAM Border Security Market as follows:
SAM Border Security Market - By Environment
- Ground
- Aerial
- Underwater
SAM Border Security Market - By System
- Unmanned Vehicles
- Radar Systems
- Command and Control (C2) Systems
- Wide-band Wireless Communication Systems
- Camera Systems
- Perimeter Intrusion Detection Systems
- Laser Systems
- Biometric Systems
- Others
SAM Border Security Market - By Country
- Brazil
- Argentina
- Rest of SAM
Reasons to buy:
- To understand the SAM border security market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM border security market
- Efficiently plan M&A and partnership deals in SAM border security market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM border security market
- Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region
Table of Contents
1. Introduction
3. Research Methodology
4. SAM Border Security Market Landscape
5. SAM Border Security Market - Key Industry Dynamics
6. Border Security Market - SAM Market Analysis
7. SAM Border Security Market Revenue and Forecast to 2028 - Environment
8. SAM Border Security Market Analysis - By System
9. SAM Border Security Market - Country Analysis
10. Impact of COVID-19 Pandemic on SAM Border Security Market
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAE Systems PLC
- Elbit Systems Ltd.
- FLIR Systems, Inc
- Israel Aerospace Industries Ltd.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- SaaB AB
- Safran
- Thales Group
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 92 |
| Published | July 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 2337.37 Million |
| Forecasted Market Value ( USD | $ 3187.62 Million |
| Compound Annual Growth Rate | 4.5% |
