Maritime surveillance Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2026

According to a recent report published by Allied Market Research, titled, "Global Maritime surveillance Market by Application, Component, and Type: Global Opportunity Analysis and Industry Forecast, 2019-2026″. The global maritime surveillance market size was valued at $19.20 billion in 2018, and is projected to reach $40.61 billion by 2026, registering a CAGR of 9.5% from 2019 to 2026. By application, the coastguard segment was the highest contributor to the market in 2018, accounting for $17.07 billion and is estimated to reach $34.47 billion by 2026, registering a CAGR of 8.9% during the forecast period. In 2018, the maritime surveillance market share was accounted highest for the Asia-Pacific region.

The Europe region is expected to dominate the market, followed by Asia-Pacific, North America, and LAMEA. In Asia-Pacific, Japan dominated the maritime surveillance market in 2018, whereas India is expected to grow at a significant rate during the forecast period.

The transportation industry is changing at a rapid pace due to globalization. Therefore, increase in smart boat and advance facilities at seashore and improvement in security & safety regulations at marine in most of the emerging countries such as Japan, Norway, China, India, and Brazil are some of the factors that drive the growth of the maritime surveillance market.

Access Free sample PDF Copy of the Report - https://www.alliedmarketresearch.com/request-sample/6254

The company named Yaltes offers the integrated maritime/coastal surveillance system that have the basic characteristics of Command & Control Systems and sensor functionalities to detect and process surface targets (also underwater and air targets when needed). The marine surveillance system work efficiently by data gathering from sensors such as radar, EO, RDF, AIS, GPS, ESM device, and active/passive sonar, and are processed by a Command & Control System to establish the tactical picture. Tactical picture is distributed to users with various purposes via wide area network. In addition, implementation of various rules and regulations for the better integration and regulation of maritime security boosts the maritime surveillance market share.

Developing countries such as China and Brazil are the most promising countries for the transportation sector, owing to increase in development and adoption of latest technologies used for ships, implantation at coast side. Furthermore, rise in deployment of autonomous marine devices from giant companies is expected to fuel the growth of the market. In the recent years, consumers have shifted their interest toward technologically advanced, safe, and secured transportation service-based vehicles for various applications in the marine industry. The report study presents analytical depiction of the maritime surveillance market analysis along with the current trends and future estimations to depict the imminent investment pockets.

For Purchase Enquiry - https://www.alliedmarketresearch.com/purchase-enquiry/6254

Key Finding of The Maritime Surveillance Market -
In 2018, by component, the radar type segment generated the highest revenue.
In 2018, by application, the coastguard segment was the highest revenue contributor.
In 2018, by type, the surveillance & tracking segment was the highest revenue contributor.
In 2018 region-wise, Asia-Pacific contributed the highest revenue, followed by Europe, North America, and LAMEA.

The key players analyzed in the report include SRT Marine Systems Plc, Kongsberg, Raytheon, Thales Group, SAAB, Elbit Systems, Indra, Furuno, TERMA, and Bharat Electronics.

Request for Customization Research - https://www.alliedmarketresearch.com/request-for-customization/6254

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
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@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.