Maritime Security Market Worth $19.48 Billion by 2018
DALLAS, November 26, 2013 /PRNewswire/ --
The report "Maritime Security Market [Access Control & Biometrics (Finger, Face, Voice, Iris); Surveillance and Tracking (Underwater, Video, AIS, LRIT, Imaging); Detectors; SCADA; GIS; Communications (Satellite, Radio)] - Worldwide Market Forecasts (2013 - 2018)", defines and segments the global Maritime Security Market into various sub segments with in-depth analysis and forecast of revenues. It also identifies drivers and restraints for this market with insights into trends, opportunities, and challenges.
Browse market data tables and in-depth TOC on "Maritime Security Market"
Early buyers will receive 10% customization on this report.
The major forces driving this market are awareness of Maritime Security, maritime threats, regulations and standards, and international trade by sea. The significance of the Maritime Security has increased, due to globalization. The increase in maritime threat in some regions of the world has been noted as one of the major factors affecting international trade.
Solution providers such as Kongsberg, Raytheon, Term, Thales Group, Northrop Grumman Corporation, and many others are expected to provide integrated solutions and offer better competitive services. The companies in this industry must take advantage of the growing awareness of Maritime Security in the new markets such as Middle East and Africa (MEA) as well as Asia Pacific (APAC). The surveillance and tracking systems and solutions, smart container systems as well as scanning and screening systems have a high growth rate in the market.
MarketsandMarkets has segmented the Maritime Security Market by type of technologies and systems: screening and scanning, access control, detectors, Geographic Information System (GIS), surveillance and tracking, weather monitoring, smart containers, Supervisory Control and Data Acquisition (SCADA), communication, and others; by type of services: training, risk assessment and investigation, maintenance and support, consulting, and others; by categories: port and critical infrastructure security, vessel security, and coastal surveillance; and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA) and Latin America (LA).
The Maritime Security Market is estimated to grow from $12.55 billion in 2013 to $19.48 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 9.2% from 2013 to 2018. The vessel security segment continues to be the largest contributor for Maritime Security. In terms of regions, North America is expected to be the biggest market in terms of revenue contribution in 2013, whereas APAC is expected to experience increased market traction, in due course.
Browse Related Reports
Critical Infrastructure Protection (CIP) Market [Network Security, Physical Security, CIP Radars, CBRNE Detection; Vehicle Identification, Secure Communication; SCADA Security, Building Management]: Global Advancements, Market Forecasts & Analysis (2013 - 2018)
Physical Security Market By Products (Video surveillance, Access Control, Biometrics, Intrusion Detection, Security Systems), Services (Remote Management, Technical Support, Security Consulting) Worldwide Market Forecasts and Analysis (2013 - 2018)
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductors and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets