Global Coastal Surveillance Market Forecast to 2028
The Global Coastal Surveillance Market research study by Emergen Research is a thorough compendium of analytical data regarding the Coastal Surveillance sector. The Coastal Surveillance Market is segmented in the study, along with a thorough breakdown of the market's size in terms of volume and value. The research includes a detailed prediction for the years 2021–2028 as well as the present Coastal Surveillance Market scenario. The Coastal Surveillance Market research contains a thorough analysis of each industry vertical, segment, end-use industry, application, and region's historical, current, and forecast revenue.
According to the most recent report by Emergen Research, the size of the global coastal surveillance market is anticipated to reach USD 43.19 billion in 2028, growing at a consistent CAGR of 3.1%. Constant market revenue growth can be ascribed to an increase in asymmetric engagement, technological developments, and a growing global emphasis on coastline security. Asymmetrical risks, such as offshore asset protection, are a serious worry for coastal security. Offshore locations are home to a sizeable amount of the world's vital infrastructure, including drilling rigs, floating LNG platforms, pipeline loading arms, and oil wells. Coastal surveillance systems use geospatial analytics to detect asymmetric threats by using Artificial Intelligence (AI) to carry out real-time data analysis to stop any such engagements, averting significant financial losses.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Coastal Surveillance market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Elbit Systems Ltd., HENSOLDT UK, Thales Group, Indra Sistemas SA, Terma A/S, Frequentis AG, Konsberg Gruppen, Northrop Grumman Corporation, Saab AB, and FLIR Systems
Research Report on the Coastal Surveillance Market Addresses the Following Key Questions:
- Who are the dominant players of the Coastal Surveillance market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Coastal Surveillance market?
- What are the key growth drivers and restraining factors of the Coastal Surveillance market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Coastal Surveillance market and its key segments?
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Some Key Highlights from the Report
- In August 2020, FLIR Systems made an announcement about the introduction of SeaFLIR 280-HDEP, which is a coastal surveillance sensor system. SeaFLIR 280-HDEP is developed to be used in any maritime mission situation and offers unparalleled battlespace awareness and agility support.
- Intelligence gathered from coastal areas is crucial for vessels to enter and leave a harbor easily and safely. Rising incidence of illegal/illicit activities in coastal areas, including illegal trade and smuggling has been fueling deployment of moderate scale coastal surveillance systems.
- Coastal surveillance systems are essential to deliver real-time information about coastal area activities to coast guards. Coastal surveillance systems offer complete control over a coastline area by delivering precise recognition, tracing, and identification of high-speed and small targets that may enter an under-surveillance coastal zone. Coastal surveillance systems assure total shore-based situational awareness, thus avoiding illegal occurrences and activities while safeguarding marine life, environment, and critical infrastructures from any kind of intrusion.
- Maritime monitoring offers real-time information to promise environmental safety monitoring, navigational alerts, collision avoidance, intrusion detection, and vessel traffic control. Primarily, maritime monitoring is required to improve offshore installations’ protection.
- Coastal surveillance market in North America contributed largest revenue share to the global market in 2020, due to growing deployment of advanced coastal surveillance systems to provide improved safety to coastal operations and presence of leading costal surveillance solution providers in countries in the region. In addition, presence of the longest coastline line in Canada is supporting demand for coastal surveillance in the region.
The report bifurcates the Coastal Surveillance market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Large Scale Coastal Surveillance
- Moderate Scale Coastal Surveillance
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Maritime Monitoring
- Intelligence, Surveillance, and Reconnaissance
- Search & Rescue
- Electronic Warfare
- End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Coast Guard
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Regional Landscape section of the Coastal Surveillance report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Coastal Surveillance market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Coastal Surveillance with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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