Coastal Surveillance Systems Global Market Report 2022: Increasing Cases of Illegal Coastal Activities Make Implementation of Coastal Surveillance a Must - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Coastal Surveillance Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Coastal Surveillance Systems Market to Reach $41.1 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Coastal Surveillance Systems estimated at US$33.7 Billion in the year 2022, is projected to reach a revised size of US$41.1 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2022-2030. Intelligence, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$12.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Surveillance & Reconnaissance segment is readjusted to a revised 1.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $9.9 Billion, While China is Forecast to Grow at 2.4% CAGR

The Coastal Surveillance Systems market in the U.S. is estimated at US$9.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.3 Billion by the year 2030 trailing a CAGR of 2.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.

Select Competitors (Total 14 Featured) -

• CONTROP Precision Technologies Ltd.
• Elbit Systems Ltd.
• Frequentis AG
• Indra Sistemas SA
• Kelvin Hughes Ltd.
• Kongsberg Gruppen ASA
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Company
• Rolta India Ltd.
• SAAB AB
• Selex ES SpA
• Signalis
• Terma A/S
• Thales Group
• Tokyo Keiki, Inc.
• Vissim AS

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Rise in Coastal Security Amidst Growing Terrorism Threats and Regional Conflicts Creates Growth Opportunities for Coastal Surveillance Market
• Coastal Surveillance Systems - Global Key Competitors Percentage Market Share in 2022 (E)
• Global Territorial Border and Coastal Surveillance System: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019E
• Impact of Covid-19 and a Looming Global Recession
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Increasing Cases of Illegal Coastal Activities Make Implementation of Coastal Surveillance a Must
• Number of Pirate Attacks on Ships Worldwide for the Period 2012-2016
• Rapid Growth in Situational Awareness Drives Costal Surveillance Operations
• Increase in Asymmetric Warfare Offers Immense Potential for Growth of Coastal Surveillance Market
• Global Maritime Security Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
• Efficient Maritime Traffic Management System - Need of the Hour
• Surge in Demand for Submarine Periscope and Radar Antennas in Coastal Surveillance Centers
• Challenges
• Emergence of Stealth Technology: A Major Challenge
• Defense Budget Cuts: Another Growth Restraint

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/pxmm6o

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