Global Maritime Security Market

Description

Maritime Security is concerned with the anticipation of deliberate harm through damage, subversion, or terrorism. The main activities conducted include the following:
• Facility Security
• Post Security
• Vessel Security
Maritime Security can be viewed in the narrow sense of relating to force-protection and defense against sabotage; going further- the protection of sea lanes and territorial waters can be included. In reality, maritime security can be defined simply using the constituent terms as a collation of all the issues related to the sea, and those that have a bearing on national security.

End-user/Technology

There are various types of technology used to keep the waters of a nation secure. These can range from access control, communication, detectors, GIS (Geographic Information System), SCADA (Supervisory Control and Data Acquisition) to surveillance and tracking. These serve different purposes- as suggested by the terms.
SCADA is a measurement and control system used in various industries. In case of maritime security, it is used to keep check on remote locations. GIS is useful in the waters to capture, analyze and present geographic data.

Market Dynamics
Nations are faced by different types of attacks- with the sea offering larger area for crimes such as drug trafficking, gun-running, piracy and terrorism. These activities are on the rise. Moreover, given the growing GDPs and globalization- encouraging trade relations among various economies, the seas play an essential role in supporting the shipping business. Thus, the market is growing in size.
Moreover, avenue for technological advancement increases opportunities in the market. Also, the demand is shifting towards more integrated solutions, inviting more players.

Market Segmentation

The Maritime Security market can be segmented by the following bases:

• Technology and Systems
o Access Control
o Communication
o Detectors
o Geographic Information System (GIS)
o Supervisory Control and Data Acquisition (SCADA)
o Surveillance and tracking

• Service
o Consulting
o Maintenance and support
o Risk assessment and investigation
o Training

• Category
o Coastal surveillance
o Port and critical infrastructure security
o Vessel security

Regional/Geographic Analysis

The largest share is forecasted to be taken by the Asia Pacific region by 2020, followed by North America. Various reasons can be attached to the same- mainly the growing number of maritime warnings in that region and government support of maritime security calling for more equipment. The geostrategic importance is also there because of increasing amount of trade conducted to and from these regions. West Africa and South East Asian regions have opportunity for more business because of crimes like piracy, drug trafficking, and gun-running.

Key Players

Following are the major vendors in the Maritime Security market:

Anschütz Gmbh, BAE Systems PLC, Elbit Systems Ltd., Harris Corporation, Honeywell International, Inc., Kongsberg Gruppen ASA, Leonardo-Finmeccanica, Northrop Grumman Corporation, Saab Group, Signalis SA