Global Coastal Surveillance Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026

MarketResearch.biz delivers in-depth insights on the global coastal surveillance market in its upcoming report titled, “Global Coastal Surveillance Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global coastal surveillance market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global coastal surveillance market report has been segmented on the basis of application, end user, structure, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Surveillance is monitoring of activities or behavior for seeking information. It is done with a view to influence, manage, or protect people. Surveillance can be done from a distance by use of electronic equipment such as CCTV cameras, or by interception of electronically transferred information. Coastal surveillance is a majorly employed at coastal areas, used by coast guards and government agencies. Coastal surveillance is primarily used to monitor activity around coastal areas.

High adoption of various surveillance technologies in several developed and in certain developing economies is a major factor driving growth of the global coastal surveillance market. In addition, technological advancements in surveillance equipment and increasing investment into development of defense sectors are other major factors expected to boost growth of the global coastal surveillance market over the forecast period.

However, high costs associated with procurement and use of coastal surveillance equipment is a major factor restraining growth of the global coastal surveillance market. Additionally, stringent government regulations for use of surveillance equipment coupled with lack of availability of advanced surveillance equipment in several developing economies are other major factors expected to hamper growth of the global coastal surveillance market over the forecast period.

Currently, the market in North America accounts for highest share in the global coastal surveillance market in revenue terms, owing to high defense expenditure and increasing adoption of advanced surveillance technologies in the region. The market in Asia Pacific accounted for second-highest revenue share in the global coastal surveillance market, due to rising demand for coastal surveillance systems owing to increasing incidence of terrorism from coastal areas in recent years, followed by markets in Europe, Latin America, and Middle East & Africa respectively. The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to rise in government investments in development of defense sectors in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period. Also, revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% over the forecast period.

Global coastal surveillance market segmentation:

By structure:

• National
• Regional
• Port

By application:

• Command and Control
• Communications
• Computers
• Intelligence
• Surveillance and Reconnaissance
• Electronic Warfare

By end user:

• Naval
• Coast Guard

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Thales Group
• Northrop Grumman Corporation
• Terma A/S
• Elbit Systems Ltd.
• Indra Sistemas SA
• Kongsberg Gruppen
• Bharat Electronics
• SAAB AB
• Furuno Electric Co., Ltd.