Market Share of Asia-Pacific Border Security Industry
The Asia-Pacific border security market is semi-consolidated and features several local players in addition to global technology providers, such as Teledyne FLIR LLC, BAE Systems plc, Tata Advanced Systems Limited, the Defense Research and Development Organization, and Bharat Electronics Limited.
To foster the transfer of technology and enable local manufacturers to gain expertise to design and manufacture advanced security systems, governments of countries in the region are formulating favorable initiatives, such as the Make in India initiative. Local players in Asia-Pacific are particularly threatening the global leaders, as they aim to provide an all-around solution at a fraction of the cost quoted by these global leaders without compromising quality or reliability.
Asia-Pacific Border Security Market Leaders
BAE Systems plc
Defence Research and Development Organization
Bharat Electronics Limited
Teledyne FLIR LLC
Tata Advanced Systems Limited
*Disclaimer: Major Players sorted in no particular order
