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Maritime Surveillance And Intervention Market Growth Prospects, Future Industry Landscape And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Maritime Surveillance And Intervention Market Size, Growth Rate, And Forecast
The global maritime surveillance and intervention market size is expected to grow from $23.54 billion in 2022 to $26.05 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The maritime surveillance and intervention market size is expected to reach $37.33 billion in 2027 at a CAGR of 9.4%.
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Maritime Surveillance And Intervention Market Drivers
The rising trade and freight activities by sea are expected to propel maritime surveillance and intervention market growth going forward. Maritime trade refers to the use of ships to move commodities by sea. The lower emissions on long voyages and transportation costs assist producers in adopting sea route for long haul feet. Sea transport is more cost-effective and environmentally friendly than other methods of transporting commodities long distances as it hails many products handled in a single journey. Due to such benefits of sea-borne trade, there is an increase in the demand for maritime surveillance and intervention to ensure an adequate response to any emergent maritime safety or security scenario.
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Maritime Surveillance And Intervention Market Segments
1) By System: Detectors, Combat Management System, Surveillance and Tracking, Geographic Information System (GIS)
2) By Services: Risk Assessment and Investigation, Maintenance and Support, Security Management
3) By Application: Naval, Coast Guard, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Maritime Surveillance And Intervention Market.
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Maritime Surveillance And Intervention Market Key Players
Major competitors in the Maritime Surveillance And Intervention Market include Indra Sistemas S.A, Saab AB, Raytheon Technologies, Elbit Systems Ltd., Furuno Electric Co Ltd., SRT Marine Systems plc, Kongsberg Gruppen ASA, Neptune Maritime Security, Securewest International, Dasssault Aviation, Naval Group, Hart Maritime, Seagull Maritime Security, Solace Global, and Maritime/Air Systems & Technologies (MAST)
The Business Research Company's "Global Maritime Surveillance And Intervention Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Maritime Surveillance And Intervention Market Include:
1. Executive Summary
2. Maritime Surveillance And Intervention Market Characteristics
3. Maritime Surveillance And Intervention Market Trends And Strategies
4. Maritime Surveillance And Intervention Market - Macro Economic Scenario
5. Maritime Surveillance And Intervention Market Size And Growth
......
26. Africa Maritime Surveillance And Intervention Market
27. Maritime Surveillance And Intervention Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Maritime Surveillance And Intervention Market
29. Maritime Surveillance And Intervention Market Future Outlook and Potential Analysis
30. Appendix
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