New Jersey, NJ -- (SBWire) -- 02/07/2019 --Maritime and border security is an important part of nation's security as it concerns the autonomy and sovereignty of a country. Across the world, border dispute, cold wars and threat from non-state terror activities are growing amid an era of muscle flexing where arms hoarding at fore. Moreover, countries are increasing their defense budgets and they are focusing on deploying latest automation technologies to boost their maritime and border security performance.
Some of the key players profiled in the study are Airbus Helicopters [France] , BAE Systems plc [United Kingdom] , Bell Helicopter [United States] , Elbit Systems Ltd. [Israel] , FLIR Systems Inc. [United States] , L3 Technologies [United States] , Leonardo S.p.A. [Italy] , Lockheed Martin Corporation [United States] , Northrop Grumman Corporation [ United States] , Raytheon Company [United States] , Rolls Royce [United Kingdom] , Saab AB [Sweden] and The Boeing Company [United States].
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During 2019-2024, Asia Pacific is anticipated to dominate the global maritime and border security market with cumulative expenditure of about US$112 Billion. The spending in the region will be largely driven by the ongoing and planned future procurement programs of China, India, South Korea, Australia and Japan, among others, which comprises a large majority of the region's overall investment on the sector. The region is estimated to account for a share of over 41% of the overall maritime and border security market over the forecast period.
The following are the major objectives of the study
- To define, describe, and forecast the Global Maritime and Border Security market on the basis of product [Maritime Surveillance and Detection , Border Surveillance and Detection , Border Infrastructure and Protection and Maritime Infrastructure and Protection] , application [], key regions and end user
- To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
- To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
- Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
- To provide market size for various segments of the Maritime and Border Security market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico)
- To strategically profile the key players and analyzing their market shares and core competencies in the Maritime and Border Security industry
- To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
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Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. MarketDynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Growing Incidences of Border Disputes and Terror Threats
3.2.2. Primary Focus by Countries to Secure Their Sovereignty Amid Rising Number of Infiltration Activities, Drug Trafficking and Illegal Migration Through Land and Sea
3.3. Market Challenges
3.3.1. Stringent Regulatory Guidelines Regarding Trade of Maritime and Boarder Security Equipment
3.4. Market Trends
3.4.1. Deployment of Digital Solutions and Automation Techniques Such as AI and Robotics
3.4.2. Growing Import by Emerging Countries from Developed Ones
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Maritime and Border Security, by Type and Region (value, volume and price ) (2013-2018)
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Maritime and Border Security Market: Comprehensive Study Explores Huge Growth in Future : Airbus Helicopters, BAE Systems, Bell Helicopter, Elbit Systems