Market Share of North America Border Systems Industry
The North American border security market is fragmented. Some prominent players in the market are Elbit Systems Ltd., BAE Systems plc, Northrop Grumman Corporation, General Dynamics Corporation, and Teledyne FLIR LLC. The players in the market have developed expertise in specific platform-based security systems and cater to the needs of different agencies responsible for air, land, and maritime security in the region.
The players are investing heavily in technological developments to meet the growing sophisticated needs of defense and security agencies. Players' primary revenue generation strategy is winning long-term contracts and deals from security agencies and authorities. For instance, in October 2022, Microsoft received a USD 1.2 million contract to work on ArriveCan mobile application. The ArriveCan application was initially developed as a way for travelers to upload mandatory health information documents and information related to COVID-19 but has since become an optional way for users to answer customs and immigration questions.
North America Border Systems Market Leaders
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Northrop Grumman Corporation
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General Dynamics Corporation
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Elbit Systems Ltd.
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Teledyne FLIR LLC
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BAE Systems plc
*Disclaimer: Major Players sorted in no particular order
