What is the current Maritime Security Market size?

The Maritime Security Market is projected to register a CAGR of 0% during the forecast period (2024-2029) Read More

Who are the key players in Maritime Security Market?

Saab AB, Northrop Grumman Corporation, BAE Systems Inc., Honeywell International Inc. and Kongsberg Gruppen are the major companies operating in the Maritime Security Market. Read More

Which is the fastest growing region in Maritime Security Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Maritime Security Market?

In 2024, the North America accounts for the largest market share in Maritime Security Market. Read More

What years does this Maritime Security Market cover?

The report covers the Maritime Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Maritime Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Maritime Security Market - Size, Share & Industry Analysis

Maritime Security Industry Overview

The Maritime Security Market is highly concentrated as the Maritime Security deals with nations security the role played by small or many companies is reduced due to which the market is concentrated. Some of the key players in the Market include Northrop Grumman Corporation, BAE Systems Inc., Honeywell International Inc., Thales Group. Some key developments in the market are Saab signed a contract with ASC, to provide an upgraded Integrated Ship Control Management and Monitoring System (ISCMMS) to four Royal Australian Navy Collins class submarines. In this, it will deliver updated hardware, and spares, that address obsolescence issues, and maintain regional superiority edge, for Australian submarines in March 2018. Saab announced the establishment of development and production, in Abu Dhabi. Through this capability center, the company grows its presence in the United Arab Emirates (UAE). The center is aimed at the production of a variety of defense and security products, with an initial focus on sensor systems in December 2017.