|By PR Newswire||
|March 20, 2014 03:08 AM EDT||
DUBLIN, March 20, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/zwmthn/maritime_security) has announced the addition of the "Maritime Security Market - Worldwide Market Forecasts to 2018" report to their offering.
Maritime security is imperative due to the increasing number of maritime threats, which may disrupt the international trade and also cause political unrest. Maritime security is necessary for the protection of ports and also for the security of the critical infrastructures. The coastal surveillance is also important to safeguard a nation and the people against various threats.
Various rules and standards have been set up, so that the maritime systems and solutions are regulated. Many countries have their own rules and compliances which must be followed. The flag state of a commercial vessel is the state under whose laws the vessel is registered or licensed, which is also necessary during international trade. These regulations play an important role in the design and integration of security systems as well as maintain coordination for international trade. The advancement in technology has helped to develop state-of-the-art systems for maritime security.
The Asia Pacific (APAC) is expected to have the largest market share, which will be succeeded by North America (NA), in 2018. Due to increase in the laws and regulations, and also the increasing instances of maritime threats, an increasing trend in implementation of maritime security solutions in the emerging Brazil, Russia, China, and India (BRIC) countries has been noted.
It is forecast that the global maritime security market to grow from $12.55 billion in 2013 to $19.48 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 9.2% from 2013 to 2018.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Market Size and Forecast By Technologies and Systems
5 Market Size and Forecast By Services
6 Market Size and Forecast By Categories
7 Market Size and Forecast By Regions
8 Market Landscape
9 Company Profiles
- Aegis Defence Services
- Bae Systems
- Control Risks Group Holdings
- Elbit Systems
- Harris Corporation
- Honeywell International
- Kongsberg Gruppen
- Neptune Maritime Security
- Northrop Grumman Corporation
- Raytheon Anschütz
- Sonardyne International
- Telecommunication Systems
- Thales Group
- Traffgo Gmbh
- Trident Group
- Westminster Group
For more information visit http://www.researchandmarkets.com/research/zwmthn/maritime_security
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets