Navigating Security Horizons: Unveiling the Future of the $40.61 Billion Global Maritime Surveillance Market by 2026

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

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 revenue contributor 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 Asia-Pacific region was anticipated to account for the major market share.

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

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
SRT Marine Systems Plc,
Kongsberg,
Raytheon,
Thales Group,
SAAB,
Elbit Systems,
Indra,
Furuno,
TERMA,
Bharat Electronics.

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.

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.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/maritime-surveillance-market/purchase-options

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.

Many companies are conducting R&D activities to provide safety at sea level. For instance, Indra has designed an integrated state of-the-art border surveillance systems for coastal and terrestrial supervision. Moreover, the SIVE system consists of a single or multiple Command and Control Centers (CCC) and a set of Sensor Stations (SS) forming a hierarchical architecture and can be deployed across the surveillance area and adapted for ground or coastal surveillance. The Porter's five forces analysis illustrates the potency of the buyers and suppliers in the Maritime surveillance industry.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - 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.

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