Coastal Surveillance Market Expansion Continues, with Forecast Valuation of $48.91 Billion by 2029

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Coastal Surveillance Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for coastal surveillance has seen robust growth in the past few years. The market, which stood at $33.60 billion in 2024, is projected to expand to $36.32 billion in 2025, growing at a compound annual growth rate (CAGR) of 8.1%. This historical growth trend can be associated with surges in maritime piracy and smuggling, growth in global maritime commerce, territorial disagreements and naval conflicts, transformative maritime security measures enacted post-9/11, and government modernisation initiatives.

Coastal Surveillance Market Size Forecast: What's the Projected Valuation by 2029?
The size of the coastal surveillance market is projected to experience robust expansion in the coming years. The market is forecasted to reach a value of $48.91 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.7%. The anticipated expansion during this period can be credited to increasing defense budgets of coastal countries, escalating threats stemming from ambiguous maritime activities, climate change and monitoring of coastal disasters, a worldwide effort to counter illegal, unreported, and uncontrolled (IUU) fishing, and the extension of vital infrastructure along the coastlines. The forecast period also sees notable trends such as surveillance and decision-making powered by artificial intelligence, the incorporation of quantum-resistant cybersecurity, edge AI and fog computing, and the fusion of quantum-resistant cybersecurity and hybrid electro-optical + radar sensor systems.

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What Are the Drivers Transforming the Coastal Surveillance Market?
The growth of the coastal surveillance market is predicted to be driven by the rising defense spending. Defense spending pertains to the total financial resources allocated and used by a country for its military forces and defense-related operations, including personnel, equipment, operations, maintenance, and research. The increase in defense expenditure is a result of growing geopolitical tensions fueled by intensifying conflicts and worldwide regional security challenges. Investment in defense aids coastal surveillance through the funding of cutting-edge technologies and devices, bolstering capabilities for maritime security, and ensuring rapid identification and reaction to threats along coasts. For instance, the Stockholm International Peace Research Institute (SIPRI), a non-governmental organization in Sweden, reported in April 2024 that in 2023, global military expenditure hit $2,443 billion, a 6.8% increase from 2022. Hence, the coastal surveillance market's growth is likely to be boosted by increasing defense spending.

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What Long-Term Trends Will Define the Future of the Coastal Surveillance Market?
Leading businesses in the coastal surveillance market are concentrating on creating technologically superior solutions like advanced coastal surveillance systems. The goal is to bolster maritime safety and augment situational comprehension. These advanced systems are complex technological frameworks designed to track, identify, and manage activities along seashores and maritime borders. For instance, in November 2024, CoastShield was launched by Thales S.A., an aerospace firm based in France. It was created to track and perceive coastal activities in real-time, from the shoreline to the open sea, and also in the lower-altitude airspace. Key features of CoastShield include a modular and scalable structure, advanced sensor integration such as the CoastWatcher 100 radar, real-time situational comprehension powered by artificial intelligence, and the ability to monitor and perceive coastal action across surfaces and lower-altitude airspace up to 100 nautical miles under any weather conditions.

Which Segments in the Coastal Surveillance Market Offer the Most Profit Potential?
The coastal surveillance market covered in this report is segmented -

1) By Type: X-Band, S-Band, X-Band And S-Band, Other Types
2) By Component: Command And Control, Intelligence, Reconnaissance, Electronics Warfare
3) By Platform: Large Scale Surveillance, Moderate Scale Surveillance
4) By Application: Command And Control (C2), Computers, Communication, Intelligence, Surveillance, And Reconnaissance (ISR), Other Applications
5) By End-User: Ports, Harbour, Oil And Gas, Maritime Protection Agencies

Subsegments:
1) By X-Band: Marine Vessel Tracking, Coastal Border Monitoring, Weather And Sea Condition Surveillance, Search And Rescue Operations Support
2) By S-Band: Long-Range Coastal Monitoring, Maritime Traffic Control, Environmental Monitoring, Early Warning Systems
3) By X-Band And S-Band: Integrated Coastal Surveillance Systems, Hybrid Radar Solutions, Multi-Band Maritime Security, Combined Weather And Vessel Tracking
4) By Other Types: L-Band Radar Systems, Ku-Band Coastal Surveillance, Passive Radar Systems, Satellite-Based Coastal Monitoring

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Which Firms Dominate the Coastal Surveillance Market by Market Share and Revenue in 2025?
Major Companies operating in the coastal surveillance market are RTX Corporation , Lockheed Martin Corporation, Northrop Grumman Corporation, Thales S.A., L3Harris Technologies Inc., Wärtsilä Corporation, Elbit Systems Ltd., SAAB Aktiebolag, Indra Sistemas S.A., Kongsberg Gruppen ASA, Leonardo S.p.A., HENSOLDT AG, Frequentis AG, HAVELSAN Inc. , Terma A/S, Tokyo Keiki Inc., Selex ES S.p.A. , HGH Systèmes Infrarouges SAS, Controp Precision Technologies Ltd., Kelvin Hughes Ltd.

Which Regions Offer the Highest Growth Potential in the Coastal Surveillance Market?
North America was the largest region in the coastal surveillance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coastal surveillance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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