Maritime Safety System Market
Global Maritime Safety System Market Size, Share & Trends Analysis Report by Security Type (Port & Critical Infrastructure Security, Coastal Surveillance, Crew Security, Vessel, Cargoes & Containers Safety, Ship System & Equipment (SSE) Safety, and Other Security Type), by Application (Loss Prevention & Detection, Security Management, Counter-Piracy, and Coastal Monitoring), and by System (Ship Security Reporting System, Automatic Identification System, Global Maritime Distress Safety System (GMDSS), Long Range Tracking & Identification (LRIT) System, Vessel Monitoring & Management System, and Other Systems) Forecast (2022-2028)
The global maritime safety system market is anticipated to grow at a significant CAGR of 6.7 % during the forecast period. The major factor that drives the global maritime safety system market is the digitalization and recent developments in AI, blockchain, IoT, and automation. Such advanced technologies are becoming more significant among various industries including marine sector. Maritime safety systems assist in streamlining existing processes, developing new business opportunities, and converting supply chains. The marine and marine management software deliver a solution to end-users to effectively handle supply chain operations, including design and simulation tools, warehouse management, transportation and yard management, and end-to-end control of the logistics network. Moreover, severe environmental requirements persist to shape the maritime transport sector as transporters ought to maintain service levels and reduce costs and at the same time provide sustainability in operations.
Impact of COVID-19 Pandemic on Global Maritime Safety System Market
The COVID-19 pandemic has an inverse effect on the global maritime safety system market. Restrictions introduced in response to the pandemic have induced disruptions affecting ports, shipping, and supply chains. Numerous industries faced challenges along their supply chain. Some of these challenges were raw material shortages, lead time issues, ocean blank sailings, port closures, and decreased working hours at ports, equipment, labor deficiencies, as well as transport capacity limitations. These obstacles undermine the smooth activity of trade flows and supply chain operations and significantly corrupt transport services.
Segmental Outlook
The global maritime safety system market is segmented based on the security type, application and. Based on the security type, the market is segmented into port & critical infrastructure security, coastal surveillance, crew security, vessel, cargoes & containers safety, ship system & equipment (SSE) safety, and other security types. Based on the application, the market is sub-segmented into loss prevention & detection, security management, counter-piracy, and coastal monitoring. Based on the system, the market is sub-segmented into the ship security reporting system, automatic identification system, global maritime distress safety system (GMDSS), long-range tracking & identification (LRIT) system, vessel monitoring & management system, and other systems. Among these, the vessel monitoring, and management system is expected to be the fastest-growing market during the forecast period as this system assists in pinpointing the location of the ships, though it also assists in the transfer of important weather and environmental data.
Global Maritime Safety System Market Share by Port and Critical Infrastructure Security, 2021 (%)
The Port & Critical Infrastructure Security is Anticipated to Hold the Prominent Share in the Global Maritime Safety System Market
The port & critical infrastructure security type is anticipated to hold prominent share during the forecast period as infrastructure security is an essential element of maritime safety. This can be attributed to the demand for determining the time and cost required to install the solution that requires fully-managed maritime safety services. The rising need for maritime safety systems with proven small target detection capability to oblige authorities in efficiently monitoring illegal activities, such as drug trafficking, smuggling, illegal immigrants, piracy, illicit fishing, and terrorism, is expected to gain traction in coming years.
Regional Outlooks
The global maritime safety system market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia Pacific region is expected to be the fastest-growing market during the forecast period due to a significant rise in the adoption of maritime safety solutions and services and rising demand to identify and eliminate the potential threats in this region.
Global Maritime Safety System Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Grow at the Fastest CAGR among the Global Maritime Safety System Market
The Asia-Pacific region is expected to cater considerable CAGR among the market during the forecast period. This is primarily due to strong maritime trade acrossthe region. According to the UNCTAD Review of Maritime Transport 2020, approximately 76% of all maritime trade loaded and unloaded in developing regions is from the Asian region. To cater to the maritime trade in the region, investments are being assembled into the development of new ports and terminal expansions. With the robust demand for security and surveillance systems, the ports are presenting new perimeter security systems for tracking unspecified goods and materials, automated alarms in case of an exceptional gathering of personnel, tracking alarms of camera tampering, etc.
Market Players Outlook
The major companies serving the global maritime safety system market include THALES group, Smith’s Group plc, Westminster Group Plc, OSI MARITIME SYSTEMS, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2022, Elbit Systems Sweden decided to deliver combat management systems to the Royal Swedish Navy. It would allow underwater detection and surface tracks, based on real-time data, live video streaming, and imagery data, thereby extending the operational envelope, growing flexibility, and promoting adequate decision making during MCM missions.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global maritime safety system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Maritime Safety System Market
• Recovery Scenario of Global Maritime Safety System Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. THALES Group
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Smith’s Group plc
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Westminster Group Plc
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. OSI MARITIME SYSTEMS
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
3.6. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Maritime Safety System Market by Security Type
4.1.1. Port & Critical Infrastructure Security
4.1.2. Coastal Surveillance
4.1.3. Crew Security
4.1.4. Vessel, Cargoes & Containers Safety
4.1.5. Ship System & Equipment (SSE) Safety
4.1.6. Other Security Type (Safety of Marine Installations, and Cyber Security)
4.2. Global Maritime Safety System Market by Application
4.2.1. Loss Prevention & Detection
4.2.2. Security Management
4.2.3. Counter Piracy
4.2.4. Coastal Monitoring
4.3. Global Maritime Safety System Market by System
4.3.1. Ship Security Reporting System
4.3.2. Automatic Identification System (AIS)
4.3.3. Global Maritime Distress Safety System (GMDSS)
4.3.4. Long Range Tracking & Identification (LRIT) System
4.3.5. Vessel Monitoring & Management System
4.3.6. Other Systems (Automated Manifest System (AMS), and Automated Mutual Assistance Vessel Rescue System (AMVER))
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ARES Security Corp.
6.2. ATLAS ELEKTRONIK GmbH
6.3. BAE Systems plc
6.4. Captain's Eye.
6.5. Elbit Systems Ltd.
6.6. FREGATA TECHNOLOGIES SL
6.7. Honeywell International Inc.
6.8. IOCURRENTS, INC.
6.9. Kongsberg Gruppen ASA
6.10. L3Harris Technologies, Inc.
6.11. Leonardo S.p.A
6.12. Nautix Technologies ApS
6.13. Northrop Grumman
6.14. Oceanetics, Inc.
6.15. Raytheon Anschütz GmbH
6.16. Rolta India Ltd.
6.17. Saab
1. GLOBAL MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SECURITY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL PORT & CRITICAL INFRASTRUCTURE SECURITY FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL COASTAL SURVEILLANCE FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CREW SECURITY FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL VESSEL, CARGOES & CONTAINERS SAFETY FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL SHIP SYSTEM & EQUIPMENT (SSE) SAFETY FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL OTHER SECURITY TYPE FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
9. GLOBAL LOSS PREVENTION & DETECTION FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL SECURITY MANAGEMENT FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL COUNTER PIRACY FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL COASTAL MONITORING FOR MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
14. GLOBAL SHIP SECURITY REPORTING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL AUTOMATIC IDENTIFICATION SYSTEM (AIS) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL MARITIME DISTRESS SAFETY SYSTEM (GMDSS) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL LONG RANGE TRACKING & IDENTIFICATION (LRIT) SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL VESSEL MONITORING & MANAGEMENT SYSTEM MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
19. GLOBAL OTHER SYSTEMS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. NORTH AMERICAN MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SECURITY SYSTEM, 2021-2028 ($ MILLION)
22. NORTH AMERICAN MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. NORTH AMERICAN MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
24. EUROPEAN MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. EUROPEAN MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SECURITY SYSTEM, 2021-2028 ($ MILLION)
26. EUROPEAN MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
27. EUROPEAN MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SECURITY SYSTEM, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
32. REST OF THE WORLD MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
33. REST OF THE WORLD MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SECURITY SYSTEM, 2021-2028 ($ MILLION)
34. REST OF THE WORLD MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
35. REST OF THE WORLD MARITIME SAFETY SYSTEM MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL MARITIME SAFETY SYSTEM MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL MARITIME SAFETY SYSTEM MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL MARITIME SAFETY SYSTEM MARKET, 2022-2028 (%)
4. GLOBAL MARITIME SAFETY SYSTEM MARKET SHARE BY SECURITY SYSTEM, 2021 VS 2028 (%)
5. GLOBAL PORT & CRITICAL INFRASTRUCTURE SECURITY FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL COASTAL SURVEILLANCE FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL CREW SECURITY FOR MARITIME SAFETY SYSTEM FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL VESSEL, CARGOES & CONTAINERS SAFETY FOR MARITIME SAFETY SYSTEM SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL SHIP SYSTEM & EQUIPMENT (SSE) SAFETY FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL OTHER SECURITY SYSTEM FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL MARITIME SAFETY SYSTEM MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
12. GLOBAL LOSS PREVENTION & DETECTION FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL SECURITY MANAGEMENT FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL COUNTER PIRACY FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL COASTAL MONITORING FOR MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL MARITIME SAFETY SYSTEM MARKET SHARE BY SYSTEM, 2021 VS 2028 (%)
17. GLOBAL SHIP SECURITY REPORTING SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL AUTOMATIC IDENTIFICATION SYSTEM (AIS) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL MARITIME DISTRESS SAFETY SYSTEM (GMDSS) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL LONG RANGE TRACKING & IDENTIFICATION (LRIT) SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL VESSEL MONITORING & MANAGEMENT SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL OTHER SYSTEMS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL MARITIME SAFETY SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24. US MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
25. CANADA MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
26. UK MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
27. FRANCE MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
28. GERMANY MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
29. ITALY MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
30. SPAIN MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF EUROPE MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
32. INDIA MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
33. CHINA MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
34. JAPAN MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
35. SOUTH KOREA MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF ASIA-PACIFIC MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD MARITIME SAFETY SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
