Middle East and Africa Border Security Market is expected to reach US$ 5,838.15 Mn by 2028

Ground Segment to Dominate MEA Border Security Market during 2020–2028

According to The Insight Partners market research study on “MEA Border Security Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Environment and System,” is expected to reach US$ 5838.15 million by 2028 from US$ 4002.34 million in 2021. The market is estimated to grow at a CAGR of 5.5% from 2021 to 2028. The report provides trends prevailing in the MEA border security market along with the drivers and restraints pertaining to the market growth. Increasing demand from unmanned vehicles are the major factor driving the growth of the MEA border security market. However, low adoption of radar and laser border security systems across countries hinder the growth of MEA border security market

The Border Security market in the Middle East and Africa is majorly affected by the disruption in the supply chain. Owing to the various containment measure initiated by the government, such as travel restrictions, factory shutdown, and lockdowns, the supply and distribution of defense equipment had been hampered. The countries in this region have over-dependence on oil revenue, and due to travel restrictions across the world there has been a drastic drop in the revenue collection for Middle Eastern countries. However, the continued presence of both US and Russian military forces in this region shows the persistent need for border security and other defense related solutions for markets in this region. Further, in critical focus areas of defense sector, such as air and missile defense, border security, cyber, etc., the constant need for technologically advanced products to ensure security of the nation will prove to be beneficial for the border security market. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on growth of various industries in the region is expected to negatively impact the growth of border security market in 2020 and the market will gain traction during the second half of 2021.

The MEA 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 MEA 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 MEA border security market

BAE Systems plc; Elbit Systems Ltd.; FLIR Systems, Inc; Israel Aerospace Industries Ltd.; Leonardo S.p.A.; Lockheed Martin Corporation; Northrop Grumman Corporation; SaaB AB; Safran; Thales Group are among the leading companies in the MEA 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 MEA Border Security Market as follows:

MEA Border Security Market – By Environment

• Ground
• Aerial
• Underwater

MEA 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

MEA Border Security Market – By Country

• UAE
• Saudi Arabia
• South Africa
• Rest of MEA