Market Share of Europe Border Security Industry
The Europe border security market is fragmented with emerging local players with technological know-how threatening the dominance of market leaders, such as Indra Sistemas S.A., Leidos, Inc., RTX Corporation, Cobham Limited, and THALES. The new market players aim to gain leverage by providing an all-round solution at a fraction of the cost quoted by the leading players without compromising on the quality or reliability of their systems offerings. Thus, the vendors must provide advanced and high-performing border security to sustain market share and succeed in the intensely competitive market environment.
In-house manufacturing capabilities, global footprint network, product offerings, R&D investments, and a strong client base are the key areas to have the edge over competitors. Increasing cross-border threats are expected to fuel the market growth during the forecast period, making it an ideal time to adopt new border security systems. The competitive environment in the market is likely to intensify further due to an increase in product and service extensions, technological innovations, and mergers and acquisitions.
Europe Border Security Market Leaders
Cobham Limited
RTX Corporation
THALES
Indra Sistemas, S.A.
Leidos, Inc.
*Disclaimer: Major Players sorted in no particular order
