South America Border Security Market Growth and Recent Trends by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

South America Border Security Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Environment (Ground, Aerial, and Underwater) and System (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)

Report Date : Jul 2021
Report Code : TIPRE00023522

Category : Aerospace and Defense
Status : Published

Available Report Formats :
No. of Pages : 92

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The border security market in SAM is expected to grow from US$ 2337.37 million in 2021 to US$ 3187.62 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028.

The Brazil and Argentina are major economies in SAM. Growing investment in advanced weapon systems are the major factor driving the growth of the SAM border security market. Increasing threats of border security safety and aerial attack are creating the enormous requirement for advanced weaponry integrated with laser, RADAR, and advanced camera system. Countries such are strengthening their weapon systems against UAVs, rockets, artillery, and mortar projectiles. The adoption of laser weapon systems is becoming an ideal solution, owing to their enhanced protection techniques and high precision. The country is focused on developing laser weapons to counter terrorist drone activities and compete. Therefore, rising investment in advanced weapons by various countries is driving the growth of the border security market., which is further anticipated to drive the market in SAM.

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 23160-img1

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SAM Border Security Market Segmentation

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

SAM Border Security Market -Companies Mentioned

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

South America Border Security Report Scope

Report Attribute	Details
Market size in 2021	US$ 2337.37 Million
Market Size by 2028	US$ 3187.62 Million
Global CAGR (2021 - 2028)	4.5%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Environment Ground Aerial Underwater By System Laser Systems Radar Systems Camera Systems Perimeter Intrusion Detection Systems Unmanned Vehicles Wide-band Wireless Communication Systems Command and Control Systems Biometric Systems
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	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

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the South America Border Security Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

South America Border Security Market Report Snapshots

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