Maritime Security Market Research Report - Global Forecast till 2024

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Maritime Security Market Research Report By
Forecast To 2021
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2021
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Maritime Security Market Research Report -
Forecast to 2021
Global Maritime Security Market by Systems
(Screening Tracking, Detectors, Access Control,
Communication, and Surveillance), by Categories
(Port Shipyard, Vessel Security, and Coastal
Surveillance), and by Geography - Forecast To 2021
The demand for surveillance systems is growing
continuously across the world to forbid the entry
illegal immigrants into countries. Surveillance
systems such as CCTV, intruder alarms, and access
control. Other developments include the
360-degree panoramic and thermal infrared
cameras, which are capable to operate even in
complete darkness. These will lure investments
into the market during the forecast period. The
communications systems used by the maritime
security agencies are conventional analogy
systems, which operates in Very High Frequency
(VHF) band. These systems are now being replaced
by advanced systems such as joint tactical radio
and defence satellite communication systems. The
development of communication monitoring systems
will enable the maritime security operations to
identify criminals and illegal activities in the
open sea. In addition, the increased use of
automatic identification systems for maritime
security will help the agencies to avoid
collision between vessels. Maritime security
operations cover several missions ranging from
countering shipping of illegal goods to
countering piracy. It also involves in the
prevention of embargo situations and human
trafficking. These operations cannot be fulfilled
with one intelligence acquisition scheme and
hence require various applications and
technological advancements to effectively support
them. Very small satellites are increasingly used
in maritime security operations to track maritime
vessels.
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Maritime Security Market Research Report -
Forecast to 2021
Industry/ Innovation/ Related News
January 2018 SAAB Company is expanding its
activities related to defence and security in
Finland and established a development
centre. January 2018 The United States Navy
signed a contract with BAE Systems for
modernization of guided missile destroyers USS
Oscar Austin and USS Howards. December 2017
Applied Composites AB (ACAB) was acquired by
SAAB. This acquisition is expected to provide
technologies for development of ground combat
weapon system and advanced radomes. December
2017 United States Army security forces
Assistance Brigades (SFABs) selected the Harris
Corporation for the reliability and combat proven
communications systems. June 4, 2015- Launches
of NATO ISR aircraft, a broad-area long-endurance
unmanned aerial system used in a variety of ISR
missions, which includes border security, troop
support, and crisis management.
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Maritime Security Market Research Report -
Forecast to 2021
Key Players
The key market players featuring in the global
maritime security market are as follows BAE
Systems, Elbit Systems Ltd., Harris Corporation,
Honeywell International Inc., Kongsberg Gruppen
ASA, Leonardo S.p.A, Northrop Grumman
Corporation, Raytheon Anschütz GmbH, Saab Group,
and Signalis SA. These companies focus in the
provision of effective maritime security systems
and solutions. The global maritime security
market is highly competitive. The Companies in
this market compete based on cost, quality,
reliability, and aftermarket services. To survive
and succeed in such an intensely competitive
environment, it is crucial for the companies to
provide cost-effective and high-quality
services. Companies have to focus on global
footprint network, in house manufacturing
capabilities, product offerings, investment in
RD, and a strong client base, to gain an edge
over competitors. Global economic recovery, RD,
and investments by the industry players provide
opportunities for defence industry players to
compete and grow. The market is continuously
meeting the demand from maritime customers for
automation, persistent surveillance, and tracking
of targets. The function of surveillance radar is
to detect small targets on the ocean surface. The
use of these radars were crucial during the Cold
War between the U.S. and Russia, when the U.S.
Navy needed to detect the small targets such as
Russian periscopes.
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Maritime Security Market Research Report -
Forecast to 2021
Drivers
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Maritime Security Market Research Report -
Forecast to 2021
Maritime Security Market Segments
For the convenience of the report and enhanced
understanding the Maritime Security market is
segmented in to three key dynamics. Segmentation
by Systems Screening Tracking, Detectors,
Access Control, Communication, and
Surveillance Segmentation by Categories Port
Shipyard, Vessel Security, and Coastal
Surveillance. Segmentation by Regions Comprises
Geographical regions North America, Europe,
Asia Pacific, Middle East Africa, and South
America.
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Maritime Security Market Research Report -
Forecast to 2021
Maritime Security Market Regional Analysis
North America has the largest market share for
maritime security system. The demand for special
equipment in maritime security is continuously
increasing due to the rise of illegal activities
through the sea. For instance, the terrorist
attacks in Mumbai in November 2011 led the
maritime security agencies across the world to
modernize their equipment. The maritime disputes
in the South China Sea have led many countries
such as Vietnam, Philippines, Brunei, Malaysia,
and Indonesia to deploy small satellites for the
tracking of maritime vessels. In the annual ASEAN
Defense Ministers Meeting (ADDM), these nations
decided to deploy a constellation of satellites,
which will frequently generate images of the
Southeast Asia waterways. High movement of
goods, legal rules and regulations, and the
threats on the seaborne activities majorly
reflect the need for giving security in the
maritime sector. Due to this reason, the
governments around the worlds have shown there
major interest in securing their domestic as well
as neutral waters. The EU Maritime Security
Strategy Action Plan, U.K. National Strategy for
Maritime Security and Asia-Pacific Maritime
Security Strategy are offered by the secretary of
State for Defense, Council of European Union, and
the Department of Defense of the U.S.
respectively, in order to secure security. All
the strategies keep on getting updated so as to
maintain the changing threat and risk scenario,
presenting demand for a much strong security
structure.
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