The Indian Ocean, the Pacific Ocean, and the Atlantic Ocean rims became a mainstay of global world trade and raised the geostrategic importance. Marine resources such as coal, oil, and gas, as well as living resources have become critical elements in the world economy, and thereby the attacks on ships, vessels, and oil rigs have been on the rise in recent times. West Africa and South East Asian regions are becoming increasingly vulnerable to pirate attacks, drug smuggling and gun running. The Straits of Malacca, the world's busiest sea lane, where 80% of Japan's oil supplies and 60% of that of China's are shipped every year. Around USD 70 billion worth of oil passes through these straits each year along with straits of Hormuz and almost half the world's containerized stream of traffic passes through these choke points.
There were 125 pirate attacks reported in the straits of Malacca region in 2013, which has tripled from 2009. According to the U.S. Merchant Marine estimates, the global piracy costs shippers around $4.9 billion to $8.3 billion a year. In November 2008, a group of terrorists used sea lines of communication to enter on the shore and attacked the city of Mumbai. In 2009, United States navy guided missile destroyer USS Cole was attacked by terrorists. Due to the rise in maritime security concerns, the international security forums and organizations recommends increasing the maritime security details. Therefore the concept of maritime security evolved into the areas like surveillance of border coastlines and harbors, secure container data service standardization, autonomous maritime surveillance system, ports and coastal zones, underwater coastal sea surveillance, wide maritime area airborne surveillance, efficient integrated security checkpoints.
The rise in naval defense budgets of developed and developing nations to combat the seaborne threats, along with huge losses due to natural calamities because of the lack of advanced maritime technology, act as major drivers for the growth of this market. However, the increasing cost of maritime technological devices and systems, lack of awareness on the applications of technology, and the complex regulatory system of international maritime organizations and various other boards are the major restraints to this market.
The global maritime security market is segmented on the basis of type, end user and geography. Other segments like tracking, surveillance, and unmanned surface and underwater vehicles are likely to occupy a major share in the maritime security market.
Some of the key players mentioned in this report are:
This Report Offers:
Market analysis for the global maritime security market, with region specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global maritime security market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
Target audience who can refer this report:
Maritime Security System OEMS
Raw material and component suppliers
Anyone within the value chain system
CEOs, COOs, Strategic Growth and Business Development Managers
Potential Investors (Venture Capitalists)
Research Institutes and Organizations
Market Research and Consulting firms
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Methodology
3. Executive Summary
4. Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's 5 Force Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Competitive Rivalry within the Industry
4.4 Industry Policies
5. Market Dynamics
5.2.1 Increased seaborne threats and ambiguous maritime security policies
5.2.2 Increasing adoption of security technologies in BRIC countries
5.2.3 Smart and Integrated solutions being deployed in APAC
5.3.1 High risk rate in ungoverned zones
5.3.2 Unstructured security standards and technologies
6. Global Maritime Security Market Segmentation (Size, Trends and Forecast)
6.1 By Type
6.1.1 Screening and Scanning
6.1.3 Surveillance and Tracking
220.127.116.11 Underwater Surveillance
18.104.22.168 Video Surveillance
22.214.171.124 Thermal Imaging
126.96.36.199 Laser Finders
6.2 By Threat and Vulnerabilities
6.2.1 Deep Water Security
6.2.2 Perimeter Security
6.3 By End User
6.3.2 Government Agencies
6.3.3 Coast Guards
6.4 By Geography
6.4.1 North America
188.8.131.52 United States
184.108.40.206 United Kingdom
6.4.3 Asia Pacific
220.127.116.11 South Korea
6.4.4 Latin America
6.4.5 Middle East & Africa
18.104.22.168 United Arab Emirates
22.214.171.124 Saudi Arabia
126.96.36.199 South Africa
7. Competitive Intelligence - Company Profiles (Overview, Products & Services, Financials and Recent Developments)
7.1 SAAB Group
7.2 Thales Group
7.3 Zeal GMS
7.4 ESC Global Security
7.5 Honeywell International Inc.
7.6 Harris Corporation
7.7 Selex ES
7.8 Northrop Grumman Corporation
7.9 Elbit Systems Ltd.
7.10 Signalis GmbH
7.11 BAE Systems Inc.
7.12 Terma A/S
7.13 Westminster Group PLC
7.14 Sonardyne International Ltd.
7.15 Kongsberg Gruppen
8. Vendor Market Share Analysis
9. Investment Analysis
9.1 Recent Mergers & Acquistions
9.2 Investment Outlook
10. Future of Global Maritime Security Market