Global Maritime And Border Security Market Anticipated To Earn US$23.7 billion by 2025

The Global Maritime And Border Security Market Anticipated To Earn
US$23.7 billion by 2025
The Maritime And Borders Security Division's (BMD) mission is Most Up-To-Date
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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.
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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
Synopsis
The Global Maritime and Border Security Market 2015–2025 report offers a detailed
analysis of the industry with market size forecasts covering the next ten years.
This report will also analyze factors that influence demand for maritime and border
Security, key market trends, and challenges faced by industry participants.
In particular, it provides an in-depth analysis of the following:
Market size and drivers: detailed analysis during 2015–2025, including highlights of
the demand drivers and growth stimulators. It also provides a snapshot of the
spending and modernization patterns of different regions around the world.
Recent developments and industry challenges: insights into technological
developments and a detailed analysis of the changing preferences of maritime and
border security segments around the world. It also provides trends of the changing
industry structure and the challenges faced by industry participants.
SWOT analysis: a study of the industry characteristics by determining the
strengths, weaknesses, opportunities, and threats.
Regional highlights: study of the key markets in each region, providing an analysis
of the key segments of the market that are expected to be in demand.
Major programs: details of the key programs in each segment, which are expected
to be executed during 2015-2025.
Competitive landscape and strategic insights: analysis of the competitive
landscape of the global market. It provides an overview of key players, together
with information regarding key alliances, strategic initiatives, and financial
analysis.
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Reasons To Buy
Determine prospective investment areas based on a detailed trend analysis of the
global maritime and border security market over the next ten years.
Gain in-depth understanding about the underlying factors driving demand for
different maritime and border security segments in the top spending countries
across the world and identify the opportunities offered by each of them.
Strengthen your understanding of the market in terms of demand drivers, SWOT,
industry trends, and the latest technological developments, among others.
Identify the major channels that are driving the global maritime and border
security market, providing a clear picture about future opportunities that can be
tapped, resulting in revenue expansion.
Channelize resources by focusing on the ongoing programs that are being
undertaken by the internal ministries of different countries within the maritime and
border security market.
Make correct business decisions based on thorough analysis of the total
competitive landscape of the sector with detailed profiles of the top maritime and
border security service providers around the world which include information about
their products, alliances, recent contract wins and financial analysis wherever
available.
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