Maritime security market size to increase by USD 3,702.13 million: 35% growth to originate from North America – Technavio

NEW YORK, Dec. 12, 2022 /PRNewswire/ — The maritime security market by type, technology, and geography – forecast and analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 3.34% and register an incremental growth of USD 3,702.13 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF sample report

Regional analysis

Based on region, the global maritime security market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America is estimated to contribute 35% to the growth of the global market over the forecast period. Government and private organizations are adopting maritime security solutions due to factors such as the growing need to protect maritime resources from advanced security threats.

Company profiles

The maritime security market report includes information on the key products and recent developments of leading vendors, including:

• Airbus Group SE: The company offers maritime security through cybersecurity, critical infrastructure, public safety, and crisis management under maritime digital connectivity.
• BAE Systems Plc: The company offers Panoramic Area Surveillance System (PASS), which combines surveillance and data fusion technologies.
• Elbit Systems Ltd.: The company offers maritime security through Elbit Systems Electro-optics naval sensors and systems and highly advanced coastal security systems.
• HENSOLDT AG: The company offers a maritime security solution named Multifunctional Self Protection System MUSS 2.0 with non-pilot mode flights, open source intelligence, and final focus metrology.
• Honeywell International Inc.: The company offers maritime security with a waterside radar system that provides situational awareness of the waterways.
• Kongsberg Gruppen ASA
• L3Harris Technologies Inc.
• Lockheed Martin Corp.
• MIND TECHNOLOGY INC.
• To gain access to more vendor profiles available with Technavio, buy the report!

Market dynamics

The market is driven by factors such as the growing marine threats, expansion of the Chinese naval fleet in critical regions, and increased maritime traffic in the Arctic Ocean. However, maritime issues arising due to Brexit are hindering the market growth.

Competitive analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a sample

Market segmentation

• Based on type, the market is segmented into deepwater security and perimeter security. The deepwater security segment will account for the largest share of the market’s growth during the forecast period.
• Based on geography, the market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. North America will account for the largest share of the market’s growth during the forecast period.

Related reports:

The physical security market size is projected to grow by USD 62.75 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 14.1%. The increasing concerns about terrorism and crime are notably driving the physical security market growth, although factors such as the high initial investment may impede the market growth.

The cyber security market size is projected to grow by USD 203.5 billion from 2022 to 2027, and the market’s growth momentum will accelerate at a CAGR of 13.57%. The increase in the use of mobile devices is notably driving the market growth, although factors such as the high cost of deployment may impede the market growth.

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What are the key data covered in the maritime security market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the maritime security market between 2023 and 2027
• Precise estimation of the size of the maritime security market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the maritime security market across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of maritime security market vendors

Browse for Technavio’s information technology market reports

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global maritime security market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global maritime security market 2017 – 2021 ($ million)

• 4.2 Type Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.3 Technology Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Technology Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type – Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Deepwater security – Market size and forecast 2022-2027
• Exhibit 34: Chart on Deepwater security – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Deepwater security – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Deepwater security – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Deepwater security – Year-over-year growth 2022-2027 (%)

• 6.4 Perimeter security – Market size and forecast 2022-2027
• Exhibit 38: Chart on Perimeter security – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Perimeter security – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Perimeter security – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Perimeter security – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by Technology

• 7.1 Market segments 
• Exhibit 43: Chart on Technology – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Technology – Market share 2022-2027 (%)

• 7.2 Comparison by Technology 
• Exhibit 45: Chart on Comparison by Technology
• Exhibit 46: Data Table on Comparison by Technology

• 7.3 Surveillance and tracking – Market size and forecast 2022-2027
• Exhibit 47: Chart on Surveillance and tracking – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Surveillance and tracking – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Surveillance and tracking – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Surveillance and tracking – Year-over-year growth 2022-2027 (%)

• 7.4 Screening and scanning – Market size and forecast 2022-2027
• Exhibit 51: Chart on Screening and scanning – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Screening and scanning – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Screening and scanning – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Screening and scanning – Year-over-year growth 2022-2027 (%)

• 7.5 Communications – Market size and forecast 2022-2027 
• Exhibit 55: Chart on Communications – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Communications – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Communications – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Communications – Year-over-year growth 2022-2027 (%)

• 7.6 Other systems – Market size and forecast 2022-2027 
• Exhibit 59: Chart on Other systems – Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Other systems – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Other systems – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Other systems – Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Technology 
• Exhibit 63: Market opportunity by Technology ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027 
• Exhibit 69: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027 
• Exhibit 73: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027 
• Exhibit 77: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027
• Exhibit 81: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 89: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 UK – Market size and forecast 2022-2027 
• Exhibit 93: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.10 China – Market size and forecast 2022-2027 
• Exhibit 97: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.11 Germany – Market size and forecast 2022-2027 
• Exhibit 101: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.12 Japan – Market size and forecast 2022-2027 
• Exhibit 105: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Airbus Group SE 
• Exhibit 116: Airbus Group SE – Overview
• Exhibit 117: Airbus Group SE – Business segments
• Exhibit 118: Airbus Group SE – Key news
• Exhibit 119: Airbus Group SE – Key offerings
• Exhibit 120: Airbus Group SE – Segment focus

• 12.4 BAE Systems Plc 
• Exhibit 121: BAE Systems Plc – Overview
• Exhibit 122: BAE Systems Plc – Business segments
• Exhibit 123: BAE Systems Plc – Key offerings
• Exhibit 124: BAE Systems Plc – Segment focus

• 12.5 Elbit Systems Ltd. 
• Exhibit 125: Elbit Systems Ltd. – Overview
• Exhibit 126: Elbit Systems Ltd. – Product / Service
• Exhibit 127: Elbit Systems Ltd. – Key offerings

• 12.6 HENSOLDT AG 
• Exhibit 128: HENSOLDT AG – Overview
• Exhibit 129: HENSOLDT AG – Business segments
• Exhibit 130: HENSOLDT AG – Key offerings
• Exhibit 131: HENSOLDT AG – Segment focus

• 12.7 Honeywell International Inc. 
• Exhibit 132: Honeywell International Inc. – Overview
• Exhibit 133: Honeywell International Inc. – Business segments
• Exhibit 134: Honeywell International Inc. – Key news
• Exhibit 135: Honeywell International Inc. – Key offerings
• Exhibit 136: Honeywell International Inc. – Segment focus

• 12.8 Kongsberg Gruppen ASA 
• Exhibit 137: Kongsberg Gruppen ASA – Overview
• Exhibit 138: Kongsberg Gruppen ASA – Business segments
• Exhibit 139: Kongsberg Gruppen ASA – Key news
• Exhibit 140: Kongsberg Gruppen ASA – Key offerings
• Exhibit 141: Kongsberg Gruppen ASA – Segment focus

• 12.9 L3Harris Technologies Inc. 
• Exhibit 142: L3Harris Technologies Inc. – Overview
• Exhibit 143: L3Harris Technologies Inc. – Business segments
• Exhibit 144: L3Harris Technologies Inc. – Key news
• Exhibit 145: L3Harris Technologies Inc. – Key offerings
• Exhibit 146: L3Harris Technologies Inc. – Segment focus

• 12.10 Lockheed Martin Corp. 
• Exhibit 147: Lockheed Martin Corp. – Overview
• Exhibit 148: Lockheed Martin Corp. – Business segments
• Exhibit 149: Lockheed Martin Corp. – Key news
• Exhibit 150: Lockheed Martin Corp. – Key offerings
• Exhibit 151: Lockheed Martin Corp. – Segment focus

• 12.11 Northrop Grumman Corp. 
• Exhibit 152: Northrop Grumman Corp. – Overview
• Exhibit 153: Northrop Grumman Corp. – Business segments
• Exhibit 154: Northrop Grumman Corp. – Key news
• Exhibit 155: Northrop Grumman Corp. – Key offerings
• Exhibit 156: Northrop Grumman Corp. – Segment focus

• 12.12 Saab AB 
• Exhibit 157: Saab AB – Overview
• Exhibit 158: Saab AB – Business segments
• Exhibit 159: Saab AB – Key news
• Exhibit 160: Saab AB – Key offerings
• Exhibit 161: Saab AB – Segment focus

• 12.13 Safran SA 
• Exhibit 162: Safran SA – Overview
• Exhibit 163: Safran SA – Business segments
• Exhibit 164: Safran SA – Key news
• Exhibit 165: Safran SA – Key offerings
• Exhibit 166: Safran SA – Segment focus

• 12.14 Sonardyne International Ltd. 
• Exhibit 167: Sonardyne International Ltd. – Overview
• Exhibit 168: Sonardyne International Ltd. – Product / Service
• Exhibit 169: Sonardyne International Ltd. – Key offerings

• 12.15 SPX Corp. 
• Exhibit 170: SPX Corp. – Overview
• Exhibit 171: SPX Corp. – Business segments
• Exhibit 172: SPX Corp. – Key offerings
• Exhibit 173: SPX Corp. – Segment focus

• 12.16 Teledyne Technologies Inc. 
• Exhibit 174: Teledyne Technologies Inc. – Overview
• Exhibit 175: Teledyne Technologies Inc. – Business segments
• Exhibit 176: Teledyne Technologies Inc. – Key news
• Exhibit 177: Teledyne Technologies Inc. – Key offerings
• Exhibit 178: Teledyne Technologies Inc. – Segment focus

• 12.17 The Boeing Co. 
• Exhibit 179: The Boeing Co. – Overview
• Exhibit 180: The Boeing Co. – Business segments
• Exhibit 181: The Boeing Co. – Key news
• Exhibit 182: The Boeing Co. – Key offerings
• Exhibit 183: The Boeing Co. – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 184: Inclusions checklist
• Exhibit 185: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 186: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 187: Research methodology
• Exhibit 188: Validation techniques employed for market sizing
• Exhibit 189: Information sources

• 13.5 List of abbreviations 
• Exhibit 190: List of abbreviations

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