Maritime Security Market to Reach US$ 37.2 billion by 2030 - PowerPoint PPT Presentation

About This Presentation
Title:

Maritime Security Market to Reach US$ 37.2 billion by 2030

Description:

The maritime security market size was USD 20.0 billion in 2021 and is projected to register a CAGR of 8.1%, to reach a market value of USD 37.2 billion by 2030. About 90% of global trade is carried by seaborne routes, which increases the importance of maritime security globally. Several maritime trade routes globally are susceptible to unlawful activities like piracy, smuggling, and terrorism. On the other hand, ports and critical infrastructure across the coastal regions have also been targeted by hostile forces over the years. In response to such incidents, governments are focusing on maritime security solutions to avoid such incidents in the future. In response, vendors are working to enhance maritime security solutions and services to safeguard shipping and transport enterprises from such illegal acts and threats. – PowerPoint PPT presentation

Number of Views:6
Slides: 13
Provided by: vipinmsg
Category:
Tags:

less

Transcript and Presenter's Notes

Title: Maritime Security Market to Reach US$ 37.2 billion by 2030


1
Market Research Report EXCLUSIVE EDITION
Global Maritime Security Market Report
Opportunities, and Forecast By
2030 Global Industry Analysis, Forecast and
Trends, 2022-2030
Slalsville Consulling Píivale
Limiled www.maíkelslalsville.com
sales_at_maíkelslalsville.com 1 (646) 663-5829
91-702-496-8807
2
Maritime Security Market
2020 Statsville Consulting Private Limited
Market Statsville Group (MSG) A part of
Statsville Consulting Private Limited American
Office 800 Third Avenue Suite A 1519 New
York, NY 10022 EMEA 1165 Budapest 16 Diósy
Lajos u. 24., Europe Asia-Pacific Office F-178
Subhash Marg C Scheme, Ashok Nagar, Jaipur,
Rajasthan, 302001 www.marketstatsville.com Discla
imer Any information and/or material provided by
Statsville Consulting Private Limited, including
any and all the analysis and/or research from
Market Statsville Group (MSG), is offered to a
selected group of customers in response to orders
for such information, material, analysis, and/or
research. As a customer of Statsville Consulting,
you acknowledge that our information, material,
and/or services are for your internal use only,
and not for any external use and/or
dissemination, or general publication, and/or
disclosure to any third parties. Any and all the
information and/or material provided by
Statsville Consulting are based on primary
interviews and/or secondary research, and are,
therefore, subject to fluctuation and variance.
Statsville Consulting takes no responsibility
for any incorrect information and/or material
supplied to us by sources we rely on, and no part
of our analysis or research may be given, lent,
resold, or disclosed to any third parties,
including non-customers, without explicit or
written permission from Statsville Consulting.
Unauthorized reproduction and/or transmission of
our information, material, analysis, and/or
research in any form and by any means, including
photocopying, mechanical/electronic recording,
or otherwise, without the explicit and written
permission of Statsville Consulting, is expressly
and clearly prohibited. Any use of the
information, material, analysis, and/or research
provided by Statsville Consulting is at your sole
risk you acknowledge that the information,
material, analysis, and/or research is provided
as is and that Statsville Consulting provides
no warranty of any kind, express or implied, with
regard to the information, material, analysis,
and/or research, including but not limited to,
merchantability and fitness for any purpose
and/or use. At the end, Statsville Consulting
will be responsible for the final decision of any
action.
www.maíkelslalsville.com
3
ABOUT MARKET STATSVILLE GROUP (MSG)
Market Statsville Group (MSG) partners with
companies and society to confront their essential
risks and challenges to capture the enormous
opportunities for them. MSG was initiated its
working in 2017, and since then, the brand is
moving to become a pioneer in business advisory
and market research services. Market Statsville
is the leading market research and strategy
builder with the depth and breadth of solutions
that perfectly suit your every need. MSG
provides solutions in a wide range of industry
verticals in the form of market sizing, analysis,
and incisive business insights. MSG experienced
research analysts are proficient at digging deep
and providing a variety of customizable data that
help you make decisions with clarity,
confidence, and impact. Market Statsville is your
global data intelligence partner for reliable
market research data, data gathering, and
analytical services. MSG also has an extensive
network of top-flight domestic and global
research personals around the world, enabling us
to provide high-quality worldwide research
solutions that cater to a well-established
company, government organizations, or a startup.
MSG's clients have the authority to work
directly with one or more of our researchers to
gather the most useful data knowledge and
analytical plan to formulate it in the actual
practice. Market Statsville Group believes that
to succeed, companies or individuals must blend
digital and human capabilities most efficiently.
MSG diverse and experienced global team of
business consultants and market researchers will
ensure the valuable reports for our clients
through digging in-depth market information and
functional expertise to continuously spark the
changes and real-time valuation of variation in
the market/industry. MSG works in a uniquely
collaborative model throughout the business
process across the globe to assist the client's
company with the most accurate information that
they are aiming for in the reports.
www.maíkelslalsville.com
4
RESEARCH PROCESS
Our research is an optimum culmination of
secondary and primary research, with the latter
playing a major role. We also have an in-house
repository and access to a number of external
regional and global paid databases to help
address specific requirements of our clients. The
research process begins with a holistic
secondary research, followed by expert
interviews. The information gathered is then
comprehensively analyzed by our highly
experienced in-house research panel
www.maíkelslalsville.com
5
Maritime Security Market 2022 Industry Size,
Regions, Emerging Trends, Growth Insights,
Opportunities, and Forecast By 2030
Maritime Security Market by Technology (Screening
and Scanning, Communications, Surveillance and
Tracking, Detectors), by Type (Port and Critical
Infrastructure Security, Vessel Security), by
Region Global Share and Forecast to
2030 Description The maritime security market
size was USD 20.0 billion in 2021 and is
projected to register a CAGR of 8.1, to reach a
market value of USD 37.2 billion by 2030. About
90 of global trade is carried by seaborne
routes, which increases the importance of
maritime security globally. Several maritime
trade routes globally are susceptible to unlawful
activities like piracy, smuggling, and
terrorism. On the other hand, ports and critical
infrastructure across the coastal regions have
also been targeted by hostile forces over the
years. In response to such incidents, governments
are focusing on maritime security solutions to
avoid such incidents in the future. In response,
vendors are working to enhance maritime security
solutions and services to safeguard shipping and
transport enterprises from such illegal acts and
threats.
www.maíkelslalsville.com
6
With the global seaport numbers expected to
expand by up to fourfold the next three decades
and the existing ports requiring up-gradation to
maintain current levels of operability due to the
rising sea levels, most of the port development
projects are expected to generate significant
demand for security solutions in the years to
come. However, deploying maritime security
solutions incur huge costs to the stakeholders in
the market. With shipping companies and ports
already operating on smaller profit margins,
allocating vast financial resources into the
security systems remains a challenge for the
users. Request Sample Copy of this Report
https//www.marketstatsville.com/request-
sample/maritime-security-market Global Maritime
Security Market Definition Maritime security is
a general term for protecting vessels both
internally and externally. The areas where ships
and maritime operations need protection include
piracy, robbery, illegal fishing, terrorism,
illegal trafficking of goods and people, and
pollution. The marine industry works hard to
reduce malicious and unintentional threats to
maritime security through supervision,
inspection, and proactive procedures.
www.maíkelslalsville.com
7
Global Maritime Security Market Dynamics
Drivers Increasing Number of Seaports
Globally Port infrastructure has become critical
to the global economy and has seen major
expansion over the last few decades. The growth
in cargo movements is expected to generate demand
for increasing port capacity, requiring
additional port area. Hence the global seaport
numbers are expected to expand by up to fourfold
in three decades. On the other hand, existing
ports will need upgrading to maintain current
levels of operability due to the rising sea
levels. Many Asian maritime nations took up large
port construction and developmental programs to
boost terminal facilities and attract container
shipping lines. With the ports in the region
becoming global hotspots for world trade,
governments in Asia, especially from China,
ASEAN, and the Indian subcontinent, are taking
proactive steps in funding new ports and
terminals for container trade and were going
ahead rapidly building logistic hubs.
www.maíkelslalsville.com
8
Restraints High Cost of Maritime Security
Systems and Weak Ocean Governance One of the
major challenges affecting the maritime security
industry is the high costs. With shipping rates
under extreme pressure, players in the industry
are already operating under smaller profit
margins. In 2004 the International Maritime
Organization established the International Ship
and Port Facility Security Code (ISPS Code), a
mandatory set of security measures that aim to
enhance the security of ships and port
facilities. While these measures have effectively
alleviated security threats, both in terms of
terrorist attacks and sea piracy, the industry is
concerned about the commercial and financial
consequences entailed, such as delays in
transportation, route deviations, and high
implementation costs. The implementation of these
measures requires large investment in purchase,
maintenance, and amortization of capital
equipment both at ports and on board ships this
includes Gamma Ray, neutron scanning, X-Ray
scanning, biometrics employing armed guards with
ballistic vests using computer software to
identify security vulnerabilities, sharing
sensitive information at a global diplomatic
level, carrying out extensive training and
security drills, etc., which incur huge capital
and maintenance costs. Hence the ports in
several developing and economically backward
countries that could not afford to spend huge
amounts on such equipment are not complying with
these regulations. This trend has been majorly
observed in Africa and Latin American countries,
although some ports in Asia are also found to
have poor compliance levels.
www.maíkelslalsville.com
9
  • Scope of the Global Maritime Security Market
  • The study categorizes the maritime security
    market based on technology and type at the
    regional and global levels.
  • Direct Purchase Report https//www.marketstatsvil
    le.com/buy-now/maritime- security-market?opt2950
  • By Technology Outlook (Sales/Revenue, USD
    Billion, 2017-2030)
  • Screening and Scanning
  • Communications
  • Surveillance and Tracking
  • Detectors
  • Other Technologies
  • By Type Outlook (Sales/Revenue, USD Billion,
    2017-2030)
  • Port and Critical Infrastructure Security
  • Vessel Security
  • Coastal Surveillance

www.maíkelslalsville.com
10
  • By Region Outlook (Sales/Revenue, USD Billion,
    2017-2030)
  • North America (US, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru,
    Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain,
    Poland, Russia, Slovenia, Slovakia, Hungary,
  • Czech Republic, Belgium, the Netherlands, Norway,
    Sweden, Denmark, Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea,
    Indonesia, Malaysia, Thailand, Vietnam, Myanmar,
    Cambodia, the Philippines, Singapore, Australia
    New Zealand, Rest of Asia Pacific)
  • The Middle East Africa (Saudi Arabia, UAE,
    South Africa, Northern Africa, Rest of MEA)
  • Access full Report Description, TOC, Table of
    Figure, Chart,
  • etc https//www.marketstatsville.com/table-of-con
    tent/maritime-security- market

www.maíkelslalsville.com
11
The surveillance and tracking segment had the
largest market share by technology Based on
technology, the global maritime security market
is divided into screening and scanning,
communications, surveillance and tracking,
detectors, and other technologies. In 2021, the
surveillance and tracking segment accounted for
the largest market share of 35.0 in the global
market of maritime security. The demand for
surveillance and tracking systems witnessed
significant growth in the past few years, owing
to the increased need for security in ports,
coastal areas, and tracking vessels to protect
them from pirates, terrorists, or any hostile
attacks. This technology can be leveraged to
avoid collisions, which can control the maritime
traffic at ports and channels of coastal and oil
platforms defense using the latest advancements
in tracking and security surveillance. The
demand for surveillance and tracking systems
witnessed significant growth in the past few
years, owing to the increased need for security
in ports, coastal areas, and tracking vessels to
protect them from pirates, terrorists, or any
hostile attacks. This technology can be leveraged
to avoid collisions, which can control the
maritime traffic at ports and channels of coastal
and oil platforms defense using the latest
advancements in tracking and security
surveillance. Asia Pacific is projected to
register the highest CAGR during the forecast
period Request For Report Description
https//www.marketstatsville.com/maritime-security
- market
www.maíkelslalsville.com
12
lhank You
Maíkel Slalsville Gíoup (MSG)
F-178 Subhash Maíg C Scheme, Ashok Nagaí,
Jaipuí, Rajaslhan, 302001 Phone 91 702 496
8807 Mail sales_at_maíkelslalsville.com
800 lhiíd Avenue Suile A 1519 New Yoík, NY
10022 Phone 1 (646) 663-5829 Mail
sales_at_maíkelslalsville.com
Write a Comment
User Comments (0)
About PowerShow.com