Jul 4, 2019
According to Stratistics MRC, the Global Coastal Surveillance market accounted for $30.62 billion in 2017 and is expected to reach $48.73 billion by 2026 growing at a CAGR of 5.3% during the forecast period.

Gaithersburg, Maryland, United States - July 4, 2019 /MarketersMedia/ —
Growing demand for cloud-based security solutions, increase in the frequency and sophistication of cyber frauds and attacks and emergence of big data analytics are some key factors boosting the market growth. However, the lack of skilled professionals is restricting the market growth.
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Coastal surveillance act as a “virtual fence” that is recognition, identification, tracking, and destruction of the intruders. Coastal surveillance systems are also coupled with geographic information systems to provide efficient management and operation of automated container placement for security purposes.
By End-User, Naval held significant growth during the forecast period due to several advantages such as availability of wider tracking areas, less interruption, and easier coordination. Based on geography, Asia Pacific commanded the largest market share due to availability of well-developed Coastal Surveillance systems due to transportation from different countries.
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Some of the key players profiled in the Coastal Surveillance include Northrop Grumman Corporation, The Raytheon Company, Thales Group, Lockheed Martin Corporation, Kongsberg Gruppen, Frequentis AG, Vissim as, Saab AB, Selex Es S.P.A, Elbit Systems Ltd., Signalis S.A.S, Indra Sistemas, S.A., Controp Precision Technologies Ltd. , Rolta India, Kelvin Hughes and Tokyo Keiki Inc.
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Structures Covered:
• National
• Regional
• Port
Scales Covered:
• Moderate-Scale Surveillance
• Large-Scale Surveillance
Applications Covered:
• Command & Control
• Computers
• Surveillance & Reconnaissance
• Communication
• Intelligence
• Electronic Warfare
End Users Covered:
• Navy
• Coast Guard
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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Source: MarketersMedia
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