Maritime Security Market Overview
Maritime security is an umbrella term informed to classify issues in the maritime domain that are often related to national security, marine environment, economic development, and human security. The global Maritime Security market is projected to witness remarkable growth in the forecast period. A significant factor attributed to this growth is the increased need for maintaining marine security. In addition, the maritime security system is gaining traction in many countries due to its ability to provide superior technology for detecting threats and communicating with officials. Ports, vessels, and other shipping-related infrastructure are protected through this system from deliberate damage caused by sabotage, terrorism, or subversion.
Vendors in the global maritime security market are working hard to enhance solutions and services for maritime safety. These efforts are assisting companies engaged in the shipping and transport business in protecting themselves from unethical and unlawful conduct and threats. As a result, the maritime security market is experiencing tremendous growth potential.
On the downside, ungoverned marine regions and need of uniform standards for maritime safety technologies and solutions are some of the crucial factors hindering the growth of the market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type of Security, Service Offered, Technology, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Thales Group, SAAB Group, Elbit Systems Ltd, Northrop Grumman Corporation, BAE Systems Inc., Sonardyne International Ltd., Raytheon Anschütz GmbH, Signalis GmbH, Telecommunication Systems, Inc., Harris Corporation, Terma A/S, Selex ES, Kongsberg Gruppen, Westminster Group, Honeywell International Inc. |
Covid-19 Impact on Maritime Security Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Maritime Security Market Segment Overview
Based on the Type of Security, the Vessel Security segment is projected to account for the largest share in the Maritime Security market, over the forecast period, owing to greater susceptibility towards risk.
Furthermore, the U.K., European Union, the African Union, and the U.S. have all had a significant impact on the market for marine security. Disagreements between countries have been shrouded by disguised attempts to foster maritime terrorism. As a result, several issues related to marine security, such as the risk of pirates, are garnering worldwide attention and have also been the cause of inter-state disputes, particularly in China. Efforts to build a worldwide consensus will shape the future growth prospects in the maritime security market.
Maritime Security Market, By Type of Security
· Port And Critical Infrastructure Security
· Coastal Surveillance
· Vessel Security
Maritime Security Market, By Service Offered
· Consulting
· Maintenance and Support
· Risk Assessment and Investigation
· Training
· Others
Maritime Security Market, By Technologies and Systems
· Access Control
· Communications
· Detectors
· Geographic Information Systems
· Screening and Scanning
· Smart Containers
· Supervisory Control and Data Acquisition (Scada)
· Surveillance and Tracking
· Weather Monitoring
· Others
Maritime Security Regional Overview
In terms of region, Asia Pacific is one of the most prominent regions of the maritime security market. Increased usage of maritime routes for goods transportation in the Indian Ocean and the Arabian Sea is one of the primary factors driving market expansion in this area. Besides this, an increase in the number of sea-crimes in the region will promote market growth in the near future.
Maritime Security Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Maritime Security Market, Key Players
· Thales Group
· SAAB Group
· Elbit Systems Ltd
· Northrop Grumman Corporation
· BAE Systems Inc.
· Sonardyne International Ltd.
· Raytheon Anschütz GmbH
· Signalis GmbH
· Telecommunication Systems, Inc.
· Harris Corporation
· Terma A/S
· Selex ES
· Kongsberg Gruppen
· Westminster Group
· Honeywell International Inc.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Maritime Security market?
One of the most important reasons driving the growth of the Maritime Security market is the increased need for maintaining marine security.
Q2. What are the restraining factors for the Maritime Security market?
Ungoverned marine regions and the need of uniform standards for maritime safety technologies and solutions are some of the crucial factors hindering the growth of the market.
Q3. Which Segments are covered in the Maritime Security market report?
Type of Security, Service Offered, Technologies and Systems, and Region, these segments are covered in the Maritime Security market report.
Q4. Which segment is projected to hold the largest share in the Maritime Security Market. ?
The Vessel Security segment is projected to hold the largest share in the Maritime Security Market.
Q5. Which are the prominent players in the Maritime Security Market?
Thales Group, SAAB Group, Elbit Systems Ltd, Northrop Grumman Corporation, BAE Systems Inc., Sonardyne International Ltd., Raytheon Anschütz GmbH, Signalis GmbH, Telecommunication Systems, Inc., Harris Corporation, Terma A/S, Selex ES, Kongsberg Gruppen, Westminster Group, Honeywell International Inc. are some key players in the Maritime Security Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Maritime Security Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type of Security
- 5.2.1. Port And Critical Infrastructure Security
- 5.2.2. Coastal Surveillance
- 5.2.3. Vessel Security
- 5.3. Market Analysis, Insights and Forecast – By Service Offered
- 5.3.1. Consulting
- 5.3.2. Maintenance and Support
- 5.3.3. Risk Assessment and Investigation
- 5.3.4. Training
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Technologies and Systems
- 5.4.1. Access Control
- 5.4.2. Communications
- 5.4.3. Detectors
- 5.4.4. Geographic Information Systems
- 5.4.5. Screening and Scanning
- 5.4.6. Smart Containers
- 5.4.7. Supervisory Control and Data Acquisition (Scada)
- 5.4.8. Surveillance and Tracking
- 5.4.9. Weather Monitoring
- 5.4.10. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Maritime Security Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type of Security
- 6.2.1. Port And Critical Infrastructure Security
- 6.2.2. Coastal Surveillance
- 6.2.3. Vessel Security
- 6.3. Market Analysis, Insights and Forecast – By Service Offered
- 6.3.1. Consulting
- 6.3.2. Maintenance and Support
- 6.3.3. Risk Assessment and Investigation
- 6.3.4. Training
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Technologies and Systems
- 6.4.1. Access Control
- 6.4.2. Communications
- 6.4.3. Detectors
- 6.4.4. Geographic Information Systems
- 6.4.5. Screening and Scanning
- 6.4.6. Smart Containers
- 6.4.7. Supervisory Control and Data Acquisition (Scada)
- 6.4.8. Surveillance and Tracking
- 6.4.9. Weather Monitoring
- 6.4.10. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Maritime Security Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type of Security
- 7.2.1. Port And Critical Infrastructure Security
- 7.2.2. Coastal Surveillance
- 7.2.3. Vessel Security
- 7.3. Market Analysis, Insights and Forecast – By Service Offered
- 7.3.1. Consulting
- 7.3.2. Maintenance and Support
- 7.3.3. Risk Assessment and Investigation
- 7.3.4. Training
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Technologies and Systems
- 7.4.1. Access Control
- 7.4.2. Communications
- 7.4.3. Detectors
- 7.4.4. Geographic Information Systems
- 7.4.5. Screening and Scanning
- 7.4.6. Smart Containers
- 7.4.7. Supervisory Control and Data Acquisition (Scada)
- 7.4.8. Surveillance and Tracking
- 7.4.9. Weather Monitoring
- 7.4.10. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Maritime Security Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type of Security
- 8.2.1. Port And Critical Infrastructure Security
- 8.2.2. Coastal Surveillance
- 8.2.3. Vessel Security
- 8.3. Market Analysis, Insights and Forecast – By Service Offered
- 8.3.1. Consulting
- 8.3.2. Maintenance and Support
- 8.3.3. Risk Assessment and Investigation
- 8.3.4. Training
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Technologies and Systems
- 8.4.1. Access Control
- 8.4.2. Communications
- 8.4.3. Detectors
- 8.4.4. Geographic Information Systems
- 8.4.5. Screening and Scanning
- 8.4.6. Smart Containers
- 8.4.7. Supervisory Control and Data Acquisition (Scada)
- 8.4.8. Surveillance and Tracking
- 8.4.9. Weather Monitoring
- 8.4.10. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Maritime Security Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type of Security
- 9.2.1. Port And Critical Infrastructure Security
- 9.2.2. Coastal Surveillance
- 9.2.3. Vessel Security
- 9.3. Market Analysis, Insights and Forecast – By Service Offered
- 9.3.1. Consulting
- 9.3.2. Maintenance and Support
- 9.3.3. Risk Assessment and Investigation
- 9.3.4. Training
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Technologies and Systems
- 9.4.1. Access Control
- 9.4.2. Communications
- 9.4.3. Detectors
- 9.4.4. Geographic Information Systems
- 9.4.5. Screening and Scanning
- 9.4.6. Smart Containers
- 9.4.7. Supervisory Control and Data Acquisition (Scada)
- 9.4.8. Surveillance and Tracking
- 9.4.9. Weather Monitoring
- 9.4.10. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Thales Group
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. SAAB Group
- 10.6. Elbit Systems Ltd
- 10.7. Northrop Grumman Corporation
- 10.8. BAE Systems Inc.
- 10.9. Sonardyne International Ltd.
- 10.10. Raytheon Anschütz GmbH
- 10.11. Signalis GmbH
- 10.12. Telecommunication Systems, Inc.
- 10.13. Harris Corporation
- 10.14. Terma A/S
- 10.15. Selex ES
- 10.16. Kongsberg Gruppen
- 10.17. Westminster Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
