Albany, NY -- (SBWIRE) -- 08/28/2017 -- Maritime borders and territorial waters surrounding nations are of prime importance for national security, and every country with a coastline invests considerably in fortifying their security mechanisms. Maritime security involves protection from various threats such as smuggling, drug trafficking, piracy, human trafficking, and maritime terrorism. The increase in terrorism through sea routes and the vulnerability of attacks from various pirate gangs have necessitated the implementation of high-end security measures.
The global maritime anti-piracy systems market to grow at a CAGR of 1.91% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global maritime anti-piracy systems market for 2017-2021. To calculate the market size, the report considers new procurements and developments of the systems.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Maritime Anti-Piracy Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- A.ST.I.M
- CONTROP Precision Technologies
- LRAD
- SAFRAN Group
Other prominent vendors
- BAE Systems
- Guardian Maritime
- Monitor Systems
- SentientVision
- ST Electronics
Market driver
- Need to strengthen maritime security
- For a full, detailed list, view our report
Market challenge
- Challenges associated with carrying firearms on ships
- For a full, detailed list, view our report
Market trend
- Deployment of drones for anti-piracy missions
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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