DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/43z8v3/the_global) has announced the addition of the "The Global Maritime and Border Security Market 2015-2025" report to their offering.
During the forecast period the demand for maritime and border security equipment is anticipated to be driven by internal security threats, such as terrorism, threats to sovereign integrity, illegal border infiltration, piracy, drug trafficking, and critical infrastructure security, among several others. With rising territorial disputes and cross border violence in the Asia Pacific, the region is projected to account for the largest share of spending during 2015-2025. While the US and Europe remain to be key markets for maritime and border security, impending threats from Islamic extremist groups will lead to high growth in the Middle Eastern and African markets over the next decade.
Key Findings:
- The global maritime and border security market is expected to be worth US$15.6 billion in 2015 and is expected increase to US$23.7 billion by 2025, representing a CAGR of 4.23% during the forecast period.
- The market is anticipated to be dominated by Asia Pacific, followed by the North America and Europe. China is the largest spender with a cumulative expenditure of US$39.2 billion over the next decade.
- In terms of segments, Maritime surveillance and detection is expected to account for the largest share of 38%, followed by Border surveillance and detection which is expected to garner a share of 30%. Border infrastructure and protection will be the third largest segment followed by maritime infrastructure and protection with cumulative spending of US$49.4 billion and US$21.0 billion respectively
Key Topics Covered:
1. Executive Summary
2. Modernization Review
3. Regional Analysis
4. Maritime and Border Security Sub-Sector Analysis
5. Demand Drivers, Industry Trends, Challenges
6. SWOT Analysis
7. Market Analysis -Leading Countries
8. Major Programs
9. Competitive Landscape
10. Appendix
Companies Mentioned
- Elbit Systems
- Smiths Detection
- Thales
For more information visit http://www.researchandmarkets.com/research/43z8v3/the_global
