Market Share of Border Security Industry
The market is fragmented as there are several players who cater their products to the end users. However, global defense systems and technology providers, like Raytheon Technologies Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Elbit Systems Ltd., and THALES are expected to be market leaders. Many of the geographic regions have local players who are equally strong and provide smaller sub-systems of a larger network/project, in partnership with the global leaders. Local players in North America and the Middle East and Africa 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 on quality or reliability.
Border Security Market Leaders
General Dynamics Corporation
THALES
Raytheon Technologies Corporation
Elbit Systems Ltd.
Northrop Grumman Corporation
*Disclaimer: Major Players sorted in no particular order