Maritime Surveillance and Intervention Market Analysis: $45.71 Billion by 2029 With a CAGR of 9.9%

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Maritime Surveillance and Intervention Market Value Projection: How Much Will the Market Size by 2025?
The size of the maritime surveillance and intervention market has seen a quick expansion in recent years. This market is predicted to rise from $28.48 billion in 2024 to an estimated $31.39 billion in 2025, displaying a compound annual growth rate (CAGR) of 10.2%. The notable increase during the historical period can be traced back to maritime security issues, unlawful activities, and piracy, as well as national defense strategies, search and rescue missions, and environmental monitoring.

What Will Be the Market Growth Forecat for Maritime Surveillance and Intervention in 2029?
The market size for maritime surveillance and intervention is projected to experience significant expansion in the coming years, with its worth estimated to reach $45.71 billion by 2029. This translates to a compound annual growth rate (CAGR) of 9.9%. Drivers of this growth during the forecast period are expected to be geopolitical conflicts, emerging threats, humanitarian aid, embracing new technologies, and international cooperation. Among the important trends expected to mark this period include the use of blockchain for maritime data protection, the evolution of autonomous underwater vehicles, the emphasis on counter-drone technologies for maritime safety, the launch of high-frequency radar systems, and increased cooperation and information exchange among maritime nations.

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What Are the Core Competitive Drivers in the Maritime Surveillance and Intervention Industry?
The growth of maritime surveillance and intervention market is projected to be driven by the surge in trade and freight activities via the sea. Maritime trade, which involves moving goods through ships, is increasingly adopted by manufacturers due to its cost-effectiveness and lower emissions on long haul freight. Notably, this method of transportation is both eco-friendly and economical for transporting goods over long distances, and it also allows multiple products to be transported in a single trip. These advantages of maritime trade have led to a rise in demand for maritime surveillance and intervention, ensuring appropriate handling of potential maritime safety or security incidences. For example, in July 2024, Eurostat, a government agency in Luxembourg, indicated that the gross weight of goods transported by sea in the European Union rose to 893.97 million tonnes in Q2 2022 from 851.28 million tonnes in Q2 2021. Consequently, the increasing sea trade and freight activities are anticipated to stimulate the maritime surveillance and intervention market.

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Which Maritime Surveillance and Intervention Market Segment Is Projected to See the Fastest Growth?
The maritime surveillance and intervention market covered in this report is segmented -

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

Subsegments:
1) By Detectors: Radar Detectors, Sonar Detectors, Optical Detectors, Other Detectors
2) By Combat Management System: Command And Control Systems, Decision Support Systems, Tactical Display Systems
3) By Surveillance And Tracking: Satellite Surveillance, Aerial Surveillance, Vessel Tracking Systems
4) By Geographic Information System (GIS): Mapping And Visualization Tools, Spatial Analysis Tools, Data Integration Tools

Which Trends Are Opening New Opportunities in the Maritime Surveillance and Intervention Market?
The evolution of technology is a predominant trend acquiring recognition in the maritime surveillance and intervention market. The main organizations in this field are concentrating on the creation of innovative technology such as underwater surveillance to improve detection, real-time supervision, and the protection of vital maritime resources. To illustrate, in May 2023, Finland's defense and space manufacturing corporation Image Soft Oy announced the deployment of the 3rd Generation Underwater Surveillance System (UNWAS), symbolizing a remarkable step forward in underwater surveillance skills. This sophisticated system is made to guard critical underwater setups including pipelines, underwater cables, and ports through uninterrupted, automatic surveillance. Running constantly, the highly modernized UNWAS system is both economically viable and ecologically sustainable, functioning proficiently in a variety of settings, from the Baltic and North Seas to tropical waters. Furnished with a passive sensor network, UNWAS is capable of identifying a broad spectrum of underwater and surface dangers, encompassing submarines, divers, autonomous underwater vehicles (AUVs), remotely operated vehicles (ROVs), and underwater drones. Having a detection radius that exceeds 30 kilometers under the best conditions, this system signifies a massive improvement in naval abilities and maritime safety. As countries continue to invest in leading-edge surveillance technologies, systems like UNWAS are set to have a vital role in upcoming maritime security operations.

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Who Are the Leaders in the Maritime Surveillance and Intervention Market?
Major companies operating in the maritime surveillance and intervention market market include Indra Sistemas S.A., Saab Aktiebolag, Raytheon Technologies Corporation, Elbit Systems Limited, Furuno Electric Company Limited, SRT Marine Systems Public Limited Company, Kongsberg Gruppen ASA, Neptune Maritime Security Limited, Securewest International Limited, Dassault Aviation S.A., Naval Group, Hart Maritime Ltd., Seagull Maritime Security Ltd., Solace Global Maritime, Maritime/Air Systems & Technologies, Navantia S.A. Empresa Nacional Bazán de Construcción Naval Militar, Austal Limited, Damen Shipyards Group N.V., Huntington Ingalls Industries Inc., Mitsubishi Heavy Industries Ltd., Samsung Heavy Industries Co. Ltd., Hyundai Heavy Industries Co. Ltd., China Shipbuilding Industry Corporation, Bharat Electronics Limited, Larsen & Toubro Limited, Rolta India Limited, Zen Technologies Limited, Safran Electronics & Defense, ThalesRaytheonSystems

Which Regional Maritime Surveillance and Intervention Markets Offer the Greatest Growth Potential?
North America was the largest region in the maritime surveillance and intervention market share in 2024. The regions covered in the maritime surveillance and intervention market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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