openPR Logo
Press release

Maritime Surveillance Market Growth Focusing on Trends & Innovations During the Period Until 2026

05-13-2021 02:19 PM CET | Logistics & Transport

Press release from: Allied Market Research

Maritime Surveillance Market

Maritime Surveillance Market

Allied Market Research published a report, titled, "Global Maritime surveillance Market by Application (Naval, Coast Guard, and Others), Component (Radar, Sensors, AIS Receiver, and Others), and Type (Surveillance & Tracking, Detectors, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global maritime surveillance industry was estimated at $19.20 billion in 2018 and is expected to hit $40.61 billion by 2026, registering a CAGR of 9.5% from 2019 to 2026.

Browse Full Report with TOC @

https://www.alliedmarketresearch.com/maritime-surveillance-market

Drivers, restraints and opportunities

Increase in maritime safety awareness and rising trade and freight transport activities fuel the growth of the global maritime surveillance market. On the other hand, high integration & maintenance cost curtails down the growth to some extent. However, supportive growth through regulatory compliance and rise in military spending are expected to create a number of lucrative opportunities in the near future.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6254

The coastguard segment to lead the trail by 2026

Based on application, the coastguard segment contributed to more than four-fifths of the global maritime surveillance market share in 2018, and is expected to dominate from 2019 to 2026. Rise in governments funding for coastguard security is the major factor boosting the growth of the segment. The naval segment, on the other hand, would register the fastest CAGR of 12.8% throughout the study period. Rise in sea borne threats and ambiguous maritime security is creating demand for real time monitoring at sea, which has driven the growth of the segment.

The radar segment to maintain the lion's share during the estimated period

Based on component, the radar segment accounted for more than two-thirds of the global maritime surveillance market revenue in 2018, and is anticipated to rule the roost by the end of 2026. Radar is the main component for surveillance, which has augmented the growth of the segment. At the same time, the sensors segment is anticipated to grow at the fastest CAGR of 9.75% during the estimated period. Use of mobile and fixed sensor station-based solutions for surveillance and rising use of different sensors such as imaging sensors, low-light-level/midwave-IR range sensors to enhance the detection rate under specific diurnal and environmental conditions propel the growth of the segment.

Asia-Pacific, followed by Europe and North America, to dominate in terms of revenue

Based on geography, the region across Asia-Pacific held the major share in 2018, generating more than two-fifths of the global maritime surveillance market. Rising sale & production of surveillance equipment, high need of security at coastlines along with continuous adoption of trending technologies are leading to the growth of the market. Simultaneously, Europe is projected to cite the fastest CAGR of 10.8% throughout the forecast period. Adoption of automated technology in marine industry, and constant development and latest innovation in different components of surveillance are the prime factors propelling the growth of the market in the region. At the same time, North America would showcase the second highest CAGR of 9.8% from 2019 to 2026.

Get Up to 30% Discount- Enquire Now: https://www.alliedmarketresearch.com/purchase-enquiry/6254

Leading players in the market-

Kongsberg
Bharat Electronics
Raytheon
SAAB
SRT Marine Systems Plc
TERMA
Elbit Systems
Indra
Thales Group
Furuno

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Maritime Surveillance Market Growth Focusing on Trends & Innovations During the Period Until 2026 here

News-ID: 2284373 • Views:

More Releases from Allied Market Research

Reciprocating Hydrogen Compressor Market Analysis of Trends and Forecasts 2032 | Size at $914.29 Mn
Reciprocating Hydrogen Compressor Market Analysis of Trends and Forecasts 2032 | …
A reciprocating hydrogen compressor functions as a positive displacement compressor, utilizing a crankshaft-driven piston mechanism to compress hydrogen. These compressors play a crucial role in petroleum refining and chemical processing facilities. Moreover, hydrogen is increasingly recognized as a clean and efficient energy source across various sectors including transportation, power generation, and industrial processes. Global efforts to develop hydrogen infrastructure, such as fuel cell refueling stations and hydrogen manufacturing facilities, underscore a
Spiral Freezer Market Is Growing At A CAGR of 4.9% from 2023 to 2032 | Latest Research Report
Spiral Freezer Market Is Growing At A CAGR of 4.9% from 2023 to 2032 | Latest Re …
Spiral freezing, a technique employed in the food and beverage industries, utilizes compact freezers capable of preserving large quantities of food without compromising quality. This method ensures that products like ice cream, frozen pizza, meats, and bakery items retain their moisture, flavor, and texture throughout the freezing process. Spiral freezers employ either cryogenic or mechanical refrigeration techniques and are widely utilized in food manufacturing and preservation due to their swift
Americas Tile Grout Market To Witness Exponential Growth By 2023-2032 | With a CAGR of 4.9%
Americas Tile Grout Market To Witness Exponential Growth By 2023-2032 | With a C …
Grout plays a crucial role in providing support and stability to tiled surfaces by firmly securing the tiles in place and preventing any potential shifting or displacement. This ensures the long-term integrity of the tile installation. It is applied to fill the gaps, referred to as grout joints, between individual tiles, which are essential for accommodating slight size variations in the tiles and allowing for thermal expansion and contraction. Additionally,
Mining Drills and Breakers Market Increasing Demand and Growth Opportunities 2030 | At a CAGR of 4.1%
Mining Drills and Breakers Market Increasing Demand and Growth Opportunities 203 …
Mining drills represent the predominant equipment utilized for excavating the Earth's surface in mining operations. Breakers are employed to fracture rocks during the mining process. These tools facilitate the extraction of various organic materials and minerals such as coal, crude oil, gold, and a plethora of metals from the soil. There are two primary categories of drilling equipment: rotary and crawler, while hydraulic and rock breakers are the prevailing types

All 5 Releases


More Releases for Maritime

Maritime Security Market Bigger Than Expected | Kongsberg Maritime AS, Leonardo …
Global Maritime Security Market Size study, by System Type (Screening and Scanning, Communications, Surveillance and Tracking, Access Control, Detectors), Application (Port and Shipyard, Vessel Security, Coastal Surveillance) and Regional Forecasts 2021-2027, The ‘ Maritime Security market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The
Maritime Logistics Market Is Thriving Worldwide | Milaha, BMLG, Noatum Maritime
The latest launched report on Worldwide Maritime Logistics Market delivers a transformation framework to understand how megatrends affect industry growth, taking into account the major disrupting forces creating uncertainties for every organisation in the Worldwide Maritime Logistics. Based on these outcomes, HTF MI outline plan for these volatile scenarios considering companies such as Wilhelmsen, Maritime Group Ltd., MTL, PRIME MARITIME LOGISTICS COMPANY, UCB Maritime Logistics, Algeposa, NaviGate, GAC, MNesty, NorSea
Futuristic Overview of Maritime Logistics Market by Wilhelmsen, Maritime Group, …
Maritime transport (i.e. shipping and ports) is clearly concerned with the transportation of goods and/or passengers between two or more seaports by sea; on the other hand, logistics is the function responsible for the flow of materials from suppliers into an organization, through operations within the organization and then out to customers. The global Maritime Logistics market report provides an estimated market growth of the Maritime Logistics industry. An inclusive analysis
Maritime Logistics Market Is Thriving Worldwide by 2026 | Opportunities by Top K …
The report attempts to offer a comprehensive analysis of the Maritime Logistics Market status and development trends, including growth, opportunities, rising technology, competitive landscape, types, applications and product offerings of key players. Besides this, it contains a detailed analysis of the market scope, structure, potential, fluctuations, financial impacts, and also envelops the precise evaluation of market share, product & sales volume, and revenue. The findings of the study have been
Maritime Fenders Global Market 2019: Key Players – Trelleborg, Bridgestone, Su …
Maritime Fenders Industry Description Wiseguyreports.Com Adds “Maritime Fenders -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database Market Segment as follows:  Key Companies  Trelleborg  Bridgestone  Sumitomo Rubber  Maritime International  Yokohama  Hutchinson  IRM  Longwood  Noreq  Anchor Marine  JIER Marine  Taihong  Tonly  Qingdao Tiandun  Evergreen  Jiangsu Shelter  Zhaoyuan Talent Plastic  Jiangyin Hengsheng  Market by Type  Solid rubber fenders  Pneumatic fenders  Foam fenders  Request for Sample Report @ https://www.wiseguyreports.com/sample-request/2433818-global-and-asia-maritime-fenders-market-status-and-future-forecast-2013-2023 Market by Application  Ports and docks on quay walls and other berthing structures.  Tugs, barges, ferries and similar hard working vessels  Others By Region  Global (Asia, Europe, America etc.)  Asia
Global Maritime Fenders Market Professional Survey By Trelleborg, Bridgestone, M …
Maritime Fenders market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. Accurately analyzed in terms of pivotal industry segments, global Maritime Fenders market report effectively covers the scope of this industry space in terms of products types, regions, applications, and significant manufacturers. In addition, the report outlines details regarding the lucrative opportunities that participants