Now Available: The Global Maritime and Border Security Market 2015-2025

From: Fast Market Research, Inc.
Published: Fri Sep 18 2015

During the forecast period the demand for maritime and border security equipment is anticipated to be driven by internal security threats, such as terrorism, threats to sovereign integrity, illegal border infiltration, piracy, drug trafficking, and critical infrastructure security, among several others. With rising territorial disputes and cross border violence in the Asia Pacific, the region is projected to account for the largest share of spending during 2015-2025. While the US and Europe remain to be key markets for maritime and border security, impending threats from Islamic extremist groups will lead to high growth in the Middle Eastern and African markets over the next decade.

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Key Findings

* The global maritime and border security market is expected to be worth US$15.6 billion in 2015 and is expected increase to US$23.7 billion by 2025, representing a CAGR of 4.23% during the forecast period.
* The market is anticipated to be dominated by Asia Pacific, followed by the North America and Europe. China is the largest spender with a cumulative expenditure of US$39.2 billion over the next decade.
* In terms of segments, Maritime surveillance and detection is expected to account for the largest share of 38%, followed by Border surveillance and detection which is expected to garner a share of 30%. Border infrastructure and protection will be the third largest segment followed by maritime infrastructure and protection with cumulative spending of US$49.4 billion and US$21.0 billion respectively

Report Synopsis
The Global Maritime and Border Security Market 2015-2025 report offers a detailed analysis of the industry with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for maritime and border Security, key market trends, and challenges faced by industry participants.

In particular, it provides an in-depth analysis of the following:

* Market size and drivers: detailed analysis during 2015-2025, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
* Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of maritime and border security segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants.
* SWOT analysis: a study of the industry characteristics by determining the strengths, weaknesses, opportunities, and threats.
* Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand.
* Major programs: details of the key programs in each segment, which are expected to be executed during 2015-2025.

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