Maritime Security Market Research Report By Forecast To 2021

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1 Maritime Security Market Research Report By Forecast To 2021 Industry Survey, Growth, Competitive Landscape and Forecasts to 2021 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 Global Maritime Security Market by Systems (Screening & Tracking, Detectors, Access Control, Communication, and Surveillance), by Categories (Port & Shipyard, Vessel Security, and Coastal Surveillance), and by Geography - Forecast To 2021 The demand for surveillance systems is growing continuously across the world to forbid the entry illegal immigrants into countries. Surveillance systems such as CCTV, intruder alarms, and access control. Other developments include the 360- degree panoramic and thermal infrared cameras, which are capable to operate even in complete darkness. These will lure investments into the market during the forecast period. The communications systems used by the maritime security agencies are conventional analogy systems, which operates in Very High Frequency (VHF) band. These systems are now being replaced by advanced systems such as joint tactical radio and defence satellite communication systems. The development of communication monitoring systems will enable the maritime security operations to identify criminals and illegal activities in the open sea. In addition, the increased use of automatic identification systems for maritime security will help the agencies to avoid collision between vessels. Maritime security operations cover several missions ranging from countering shipping of illegal goods to countering piracy. It also involves in the prevention of embargo situations and human trafficking. These operations cannot be fulfilled with one intelligence acquisition scheme and hence require various applications and technological advancements to effectively support them. Very small satellites are increasingly used in maritime security operations to track maritime vessels. Report 2

3 Industry/ Innovation/ Related News: January 2018 SAAB Company is expanding its activities related to defence and security in Finland and established a development centre. January 2018 The United States Navy signed a contract with BAE Systems for modernization of guided missile destroyers USS Oscar Austin and USS Howards. December 2017 Applied Composites AB (ACAB) was acquired by SAAB. This acquisition is expected to provide technologies for development of ground combat weapon system and advanced radomes. December 2017 United States Army security forces Assistance Brigades (SFABs) selected the Harris Corporation for the reliability and combat proven communications systems. June 4, Launches of NATO ISR aircraft, a broad-area long-endurance unmanned aerial system used in a variety of ISR missions, which includes border security, troop support, and crisis management. Get 3

4 Key Players The key market players featuring in the global maritime security market are as follows: BAE Systems, Elbit Systems Ltd., Harris Corporation, Honeywell International Inc., Kongsberg Gruppen ASA, Leonardo S.p.A, Northrop Grumman Corporation, Raytheon Anschütz GmbH, Saab Group, and Signalis SA. These companies focus in the provision of effective maritime security systems and solutions. The global maritime security market is highly competitive. The Companies in this market compete based on cost, quality, reliability, and aftermarket services. To survive and succeed in such an intensely competitive environment, it is crucial for the companies to provide cost-effective and high-quality services. Companies have to focus on global footprint network, in house manufacturing capabilities, product offerings, investment in R&D, and a strong client base, to gain an edge over competitors. Global economic recovery, R&D, and investments by the industry players provide opportunities for defence industry players to compete and grow. The market is continuously meeting the demand from maritime customers for automation, persistent surveillance, and tracking of targets. The function of surveillance radar is to detect small targets on the ocean surface. The use of these radars were crucial during the Cold War between the U.S. and Russia, when the U.S. Navy needed to detect the small targets such as Russian periscopes. Send 4

5 Drivers Browse 5

6 Maritime Security Market Segments For the convenience of the report and enhanced understanding; the Maritime Security market is segmented in to three key dynamics. Segmentation by Systems: Screening & Tracking, Detectors, Access Control, Communication, and Surveillance Segmentation by Categories: Port & Shipyard, Vessel Security, and Coastal Surveillance. Segmentation by Regions: Comprises Geographical regions North America, Europe, Asia Pacific, Middle East & Africa, and South America. 6

7 Maritime Security Market Regional Analysis North America has the largest market share for maritime security system. The demand for special equipment in maritime security is continuously increasing due to the rise of illegal activities through the sea. For instance, the terrorist attacks in Mumbai in November 2011 led the maritime security agencies across the world to modernize their equipment. The maritime disputes in the South China Sea have led many countries such as Vietnam, Philippines, Brunei, Malaysia, and Indonesia to deploy small satellites for the tracking of maritime vessels. In the annual ASEAN Defense Ministers Meeting (ADDM), these nations decided to deploy a constellation of satellites, which will frequently generate images of the Southeast Asia waterways. High movement of goods, legal rules and regulations, and the threats on the seaborne activities majorly reflect the need for giving security in the maritime sector. Due to this reason, the governments around the worlds have shown there major interest in securing their domestic as well as neutral waters. The EU Maritime Security Strategy Action Plan, U.K. National Strategy for Maritime Security and Asia-Pacific Maritime Security Strategy are offered by the secretary of State for Defense, Council of European Union, and the Department of Defense of the U.S. respectively, in order to secure security. All the strategies keep on getting updated so as to maintain the changing threat and risk scenario, presenting demand for a much strong security structure. Press 7

8 key players The key players in global Maritime Security market are General Dynamics Corporation (U.S.), Radixon (Australia), Sparton (U.S.), Thales Group (France), Ultra Electronics Group (U.K), SeaLandAire Technologies Inc (U.S.), Lone Star Electronics Co. (U.S.), Lockheed Martin Corporation (U.S.), ERAPSCO (U.S.), and Sigma Pi-Power Sources Pvt Ltd (India). The report for Global Maritime Security Market of Market Research Future comprises extensive primary research, along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders; it helps the reader gain a deeper insight into the market and industry performance. The report gives a clear picture of current market scenario, including historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also contains a broad study of the different market segments and regions. Browse Security-market

9 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit or contact us at Copyright 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 9

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