Maritime Surveillance Market - Trends Forecast Till 2028

Maritime Surveillance Market, by Application (Naval, Coast Guard, and Others), Component (Radar, Sensors, AIS Receiver, and Others), Type (Surveillance & Tracking, Detectors, and Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-AD-MSM-1041

Format:  

Number of Pages: 406

Domain: Aerospace & Defense

Maritime Surveillance Market – Trends Forecast Till 2028

The global Maritime Surveillance market size is projected to reach USD 40.6 billion by 2026 at a CAGR of 9.2% from USD 23 billion in 2021 during the forecast period 2021-2028.

The maritime surveillance is an integrated solutions or software specially designed for maritime safety & security and monitoring, and other applications. It consists of various different components like radars, sensors, cameras, automated identification system (AIS) receiver/transponders, central control rooms, and others. It is a combined solution that led to an enhanced offshore surveillance and maritime situational awareness thus leading to an increase in overall security and reduces risk.

With the increased awareness about the safety and surge I trade via the sea route and also the security concerns are some of the factors that have supported long-term expansion for Maritime Surveillance Market.

Maritime Surveillance Market Research Report

Asia Pacific is expected to be the largest market during the forecast period. With the high maritime activities of the Asian nations along with the increased disputes over the Indian ocean have led to the expansion of market in the region.

Maritime Surveillance Market is segmented into application, component, type and geography.

On the basis of Application

  • Naval
  • Coast Guard
  • Others

On the basis of Component

  • Radar
  • Sensors
  • AIS Receiver/Transponder
  • Others

On the basis of Type

  • Surveillance & Tracking
  • Detectors
  • Others

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Maritime Surveillance Market Primary Respondent

 

Key Players

  • SRT Marine Systems Plc
  • Kongsberg
  • Raytheon
  • Thales Group
  • SAAB
  • Elbit Systems
  • Indra
  • Furuno
  • TERMA
  • Bharat Electronics

Recent Developments

  • In February 2020, Bharat electronics which is renowned Indian maritime surveillance team has added five command and control centres along with 38 radar systems.
  • In November 2019, Indra Sistemas S.A. has announced its successful testing of its European maritime operations centre prototype .

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Maritime Surveillance market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 23 billion

Growth Rate

CAGR of 9.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

application, component, type and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

SRT Marine Systems Plc, Kongsberg, Raytheon, Thales Group, SAAB, Elbit Systems, Indra, Furuno, TERMA, and Bharat Electronics

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