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Global Maritime Safety Market Research Report- Opportunities & Challenges in Near Future by with Dif

Author: Onkar Nimbalkar
by Onkar Nimbalkar
Posted: Dec 02, 2019
maritime safety

Data Bridge Market Research has recently added a concise research on Global Maritime Safety Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are GRUPO EULEN, ABS Group, Consilium AB Publ., Vane Brothers, SOLAS MARINE SERVICES GROUP, Safety Management Systems, Siam Global Marine Safety Co., Ltd., and others

Definition:

Maritime safety is referred to be the mission of United States coast guard. Coast guard investigates maritime incidents, merchant vessels, offshore drilling units and maritime facilities. Apart from these coast guards are also responsible for licensing mariners, documenting U.S. flagged vessels, and implementing a variety of safety programs. Maritime safety awareness, and regulatory compliances and standards may act as the major driver in the growth of marine safety. On the other hand, absence of uniform standards of technologies and solutions may hamper the market.

Analysis of Global Maritime Safety Market report:

Global Maritime Safety Market is expected to rise from its initial estimated value of USD 20.03 billion in 2018 to an estimated value of USD 35.98 billion by 2026, registering a CAGR of 7.6% in the forecast period of 2019-2026. This rise in market value can due to increasing trade and freight transport activities by sea.

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Top Manufacturers Profiles Operating in the Global Maritime Safety Market:

Few of the major competitors currently working in the global maritime safety market are BAE Systems, Elbit Systems Ltd., Harris Corporation, Honeywell International Inc., Kongsberg Gruppen ASA, Northrop Grumman Corporation, Raytheon Ansch├╝tz, Saab AB, Leonardo S.p.A., GRUPO EULEN, ABS Group, Consilium AB Publ., Vane Brothers, SOLAS MARINE SERVICES GROUP, Safety Management Systems, Siam Global Marine Safety Co., Ltd., and others

Global Maritime Safety Market Segmentation:

By technologies and systems

  • Screening and scanning
  • Access control
  • Detectors
  • Geographic information system
  • Surveillance and tracking
  • Weather monitoring
  • SCADA
  • Communication
  • Others

By services:

  • Training, risk assessment and investigation
  • Maintenance and support
  • Consulting
  • Others

By others segment :

  • Loss Prevention
  • Security Management
  • Counter Piracy
  • Kidnap
  • Response Consultancy

By categories:

  • Port And Critical Infrastructure Security
  • Vessel Security
  • Coastal Surveillance

By Geography

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle-east and africa

Competitive Analysis:

Global maritime safety market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of maritime safety market for global, Europe, North America, Asia-Pacific and South America.

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  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

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Author: Onkar Nimbalkar

Onkar Nimbalkar

India

Member since: Aug 19, 2019
Published articles: 31

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