Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Maritime Security Market to reach USD 178.76 billion by 2027.

Global Maritime Security Market Size study, by System Type (Screening and Scanning, Communications, Surveillance and Tracking, Access Control, Detectors), Application (Port and Shipyard, Vessel Security, Coastal Surveillance) and Regional Forecasts 2021-2027

Product Code: SASAAD_54859922
Publish Date: 1-01-2021
Page: 200

Global Maritime Security Market is valued approximately USD 67.79 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9 % over the forecast period 2021-2027. Maritime security is a field in the marine sector, to employ best practices to defend their vessel against both internal and external threats. The threats can come in various forms, and requires a different strategy for a proper defense. Increasing defense budget across different countries and research and development investments in safety equipment has led the adoption of maritime security across the forecast period. Increasing defense budget results in purchase of EO detection systems, underwater acoustic weapon systems, electronic barriers, MIRA Autonomous Control Equipment (MACE) and advanced defense systems. For instance, as per STOCKHOLM INTERNATIONAL PEACE RESEARCH INSTITUTE (SIPRI) Total global military expenditure rose to $1981 billion last year, it is an increase of 2.6 per cent in real terms from 2019. The five biggest spenders in 2020, were the United States, China, India, Russia and the United Kingdom However, economic downturns and unregulated marine regions impede the growth of the market over the forecast period of 2021-2027. Also, with rising need to defend against new emerging threats such as cyber-attacks and the rapid increase in international sea trade, the adoption & demand for maritime security is likely to increase.

Global Maritime Security Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the technology advancement and major defense equipment industry located in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising military budget and marine boundary disputes between the nation would create profitable growth prospects for the Maritime Security Market across Asia-Pacific region.

Major market player included in this report are:
Kongsberg Maritime AS
Leonardo SpA
Lockheed Martin Corporation
Northrop Grumman Corporation
Thales Group
Blue line maritime
Land security services pvt ltd
STS maritime security
Neptune Maritime Security

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By System:
Screening and Scanning
Surveillance and Tracking
Access Control
By Application:
Port and Shipyard
Vessel Security
Coastal Surveillance
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Maritime Security Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Maritime Security Market, by Region, 2019-2027 (USD Billion)
1.2.2. Maritime Security Market, by System, 2019-2027 (USD Billion)
1.2.3. Maritime Security Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Maritime Security Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Maritime Security Market Dynamics
3.1. Maritime Security Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing defense budget across different countries Research and development investments in safety equipment
3.1.2. Market Challenges Economic downturns and unregulated marine regions
3.1.3. Market Opportunities Need to defend against new emerging threats
Chapter 4. Global Maritime Security Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Maritime Security Market, by System
5.1. Market Snapshot
5.2. Global Maritime Security Market by System, Performance – Potential Analysis
5.3. Global Maritime Security Market Estimates & Forecasts by System 2018-2027 (USD Billion)
5.4. Maritime Security Market, Sub Segment Analysis
5.4.1. Screening and Scanning
5.4.2. Communications
5.4.3. Surveillance and Tracking
5.4.4. Access Control
5.4.5. Detectors
Chapter 6. Global Maritime Security Market, by Application
6.1. Market Snapshot
6.2. Global Maritime Security Market by Application, Performance – Potential Analysis
6.3. Global Maritime Security Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. Maritime Security Market, Sub Segment Analysis
6.4.1. Port and Shipyard
6.4.2. Vessel Security
6.4.3. Coastal Surveillance
Chapter 7. Global Maritime Security Market, Regional Analysis
7.1. Maritime Security Market, Regional Market Snapshot
7.2. North America Maritime Security Market
7.2.1. U.S. Maritime Security Market System breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Maritime Security Market
7.3. Europe Maritime Security Market Snapshot
7.3.1. U.K. Maritime Security Market
7.3.2. Germany Maritime Security Market
7.3.3. France Maritime Security Market
7.3.4. Spain Maritime Security Market
7.3.5. Italy Maritime Security Market
7.3.6. Rest of Europe Maritime Security Market
7.4. Asia-Pacific Maritime Security Market Snapshot
7.4.1. China Maritime Security Market
7.4.2. India Maritime Security Market
7.4.3. Japan Maritime Security Market
7.4.4. Australia Maritime Security Market
7.4.5. South Korea Maritime Security Market
7.4.6. Rest of Asia Pacific Maritime Security Market
7.5. Latin America Maritime Security Market Snapshot
7.5.1. Brazil Maritime Security Market
7.5.2. Mexico Maritime Security Market
7.6. Rest of The World Maritime Security Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Kongsberg Maritime AS Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Leonardo SpA
8.2.3. Lockheed Martin Corporation
8.2.4. Northrop Grumman Corporation
8.2.5. Thales Group
8.2.6. Blue line maritime
8.2.7. Land security services pvt ltd
8.2.8. STS maritime security
8.2.9. ESPADA
8.2.10. Neptune Maritime Security
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now