Maritime Surveillance Market Research, 2033
The global maritime surveillance market was valued at $18.7 billion in 2023, and is projected to reach $37.5 billion by 2033, growing at a CAGR of 7.3% from 2024 to 2033.
Market Introduction and Definition
Maritime surveillance involves monitoring and observing maritime activities to ensure the security, safety, and effective management of seas and oceans. This process includes detecting and tracking vessels, monitoring illegal activities such as smuggling and piracy, ensuring safe navigation, protecting maritime borders, and managing resources like fisheries.
The market for maritime surveillance encompasses a wide array of products, services, and solutions designed for various stakeholders, including governments and maritime authorities. Key components of maritime surveillance systems include satellites equipped with synthetic aperture radar (SAR) and optical sensors, which provide extensive surveillance capabilities by detecting and tracking vessels across large oceanic areas.
Key Takeaways
- The maritime surveillance market study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
- More than 1,500 product literatures, industry releases, annual reports, and other such documents of major maritime surveillance industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Segments
- By Application
- By Component
- Radar
- Sensors
- AIS Receiver/Transponder
- Others
- By Type
- Surveillance & Tracking
- Detector
- Others
- By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Key Market Players
- SRT Marine Systems Plc
- Kongsberg
- Indra Sistemas
- TERMA
- Thales Group
- Raytheon Technologies Corporation
- Bharat Electronics
- Elbit Systems
- SAAB AB
- Furuno