United Arab Emirates (UAE) Maritime Safety System Market Overview, 2029

United Arab Emirates (UAE) Maritime Safety System Market Overview, 2029

In maritime safety system market, the UAE has immensely contributed to the growth of global trade and shipping, while making major contributions to the industry by taking pioneering steps to protect and safeguard their interests. UAE is the world’s best infrastructure and technology deployed at ports. Strategic location of UAE has contributed to its position of being a leading hub for maritime trade in the Arabian Gulf states, East Africa and the Indian subcontinent. The Maritime Law aims to modernise the legal framework for maritime activities, align with international standards, and enhance the UAE's status as a regional shipping hub and this represents a substantial change from the old maritime law, Federal Law No.26 of 1981 Concerning Commercial Maritime Law. The Maritime Law features a significantly enhanced structure, offering greater ease of navigation and accessibility. The provisions are now systematically organised, as opposed to being dispersed, which simplifies the process of locating specific regulations. The UAE Maritime Safety System market is witnessing substantial growth driven by several critical factors. Firstly, the UAE strategic location as a major global trading hub has led to a significant increase in maritime traffic, making maritime safety a top priority for the country. The government’s commitment to enhancing safety standards and compliance with international regulations is driving the adoption of advanced maritime safety systems. The UAE extensive coastline and numerous ports demand comprehensive surveillance and safety measures. This includes advanced technologies like radar systems, navigation aids, and communication systems, all of which are part of the maritime safety system. Additionally, the growing awareness of environmental concerns and the need for protecting marine ecosystems is leading to investments in advanced safety solutions to prevent accidents and oil spills. Lastly, the development of the UAE maritime tourism and leisure industry is further boosting the market, as ensuring safety for recreational boaters and tourists becomes a top priority.

According to the research report ""UAE Maritime Safety System Market Overview, 2029,"" published by Bonafide Research, the UAE maritime safety system market is anticipated to grow at more than 8 % CAGR from 2024 to 2029. The maritime industry is investing proactively in advanced technology solutions to bring digital transformation and to become more efficient and sustainable. Artificial intelligence (AI), big data, blockchain, cloud computing, cyber security, digital twin, internet of things (IoT), machine learning, and robotic technologies are some of the key technologies that are contributing towards the advancement of global maritime industry. Furthermore, increase in collaborations between maritime industry stakeholders and technology solution providers, rise in the number of maritime analytics solution providers, investments by maritime companies in big data infrastructure development, and growth of funding opportunities are some of the other factors projected to penetrate the growth of maritime analytics market in the future. Artificial intelligence (AI) is being utilized in the shipping industry to reduce staff and maintenance, increase automation, achieve better navigation and safety, and minimize human errors. IBM and Google are among the key companies helping the shipping sector with process automation. The maritime industry uses AI for an array of applications, including autonomous navigation, route optimization, and predictive maintenance. In the UAE Maritime Safety System Market, key players such as Kelvin Hughes, Kongsberg Maritime, and SAAB lead the industry. These companies provide maritime safety systems that enhance navigation, surveillance, and communication capabilities, contributing to the safety and security of maritime operations in the UAE. However, the maritime sector faces a crossroads marked by the dual challenges of digitalisation and the imperative to decarbonise in the face of climate change. UAE commitment to embracing these challenges is evident in the recent developments such as the Maritime Autonomous Surface Ships Code and the mandatory adoption of electronic data exchange within the maritime single window.

The solution section in the UAE sea security framework market ordinarily envelops equipment and programming parts intended to upgrade safety and functional proficiency. This incorporates trend setting innovations like Automatic Identification System (AIS), radar systems, GPS tracking, and communication equipment tailored for maritime applications. Solution is vital in giving ongoing information, improving situational mindfulness, and guaranteeing consistence with worldwide sea guidelines. The UAE's emphasis on mechanical progressions and its key geographic area as a worldwide sea center point drive the interest for state-of-the-art arrangements. Driving arrangement suppliers frequently incorporate imaginative highlights like prescient investigation and computer-based intelligence driven choice emotionally supportive networks to additional expand safety measures and functional adequacy. The solution fragment drives because of the UAE's proactive way to deal with embracing cutting edge advancements in maritime safety. Services inside the sea safety framework market in the UAE envelop a scope of contributions pointed toward supporting the organization, upkeep, and enhancement of these services. Services incorporate establishment, preparing, specialized help, and counseling, taking care of the particular requirements of maritime administrators and administrative bodies. The help fragment is developing as sea organizations perceive the significance of progressing backing to guarantee the unwavering quality and adequacy of conveyed frameworks. Factors, for example, the rising intricacy of maritime activities and the requirement for ceaseless updates and consistence drive the development of the help area in the UAE. The specialist co-ops in the UAE influence their mastery to guarantee consistent mix, functional availability, and adherence to severe safety guidelines, subsequently adding to the general development of the maritime safety system market in the locale.

The Government & Defence area starts to lead the pack in the UAE maritime safety system market. This section incorporates different government offices, coast gatekeepers, and guard associations liable for defending public waters, ports, and sea limits. These substances focus on cutting edge maritime safety frameworks to improve observation, line control, and reaction capacities against sea dangers like theft and carrying. Driving edge advances like radar frameworks, satellite checking, automated flying vehicles (UAVs), and incorporated order and control focuses are broadly sent inside this area. The UAE government's critical interests in protection and public safety further push the reception of cutting-edge maritime safety solutions. Additionally, tough administrative structures and worldwide maritime shows drive ceaseless redesigns and advancements in safety system customized for government and safeguard applications. The Shipping and Transport area is the developing portion inside the UAE maritime safety system market. This section incorporates business delivering organizations, port specialists, coordinated factors firms, and sea transport administrators. With the UAE's essential area as a worldwide exchange center and its broad maritime framework, guaranteeing safety, effectiveness, and administrative consistence is fundamental. The developing volume of maritime traffic requires powerful safety frameworks, for example, vessel following, crash evasion frameworks, weather conditions observing, and crisis reaction arrangements. The rising accentuation on natural manageability and functional effectiveness additionally drives the reception of cutting edge safety innovations inside the delivery and transport area. Marine & Construction, this segment comprises companies involved in offshore construction, marine engineering, and underwater operations. Safety systems in this sector focus on personnel safety, asset protection, and operational efficiency in challenging marine environments. The Oil & Gas segment includes offshore oil rigs, platforms, and facilities operating in the UAE's maritime territories. Safety systems here prioritize fire detection, gas monitoring, emergency response, and personnel evacuation to mitigate risks associated with offshore operations.

The Automatic Identification System (AIS) is a main portion because of its obligatory execution on all vessels by the International Maritime Organization (IMO). AIS gives ongoing data about a boat's personality, position, course, and speed, upgrading sea security and productivity. The UAE, with its clamoring ports and broad shoreline, intensely depends on AIS for maritime traffic the board and route security. The Global Maritime Distress Safety System (GMDSS) is another driving portion. It is a globally settled upon set of safety strategies, kinds of gear, and correspondence conventions used to build security and make it more straightforward to protect troubled boats, boats, and airplane. The UAE's obligation to sea security and its essential area in the worldwide delivery course have driven the interest for GMDSS. The Vessel Monitoring and Management System (VMMS) is a growing segment. VMMS is a system that integrates various sub-systems to monitor, control, and manage a vessel's operations. The increasing demand for operational efficiency, fuel economy, and reduced emissions is driving the growth of VMMS in the UAE. The Long Range Tracking and Identification (LRIT) System is another growing segment. LRIT is a global tracking system used to locate and identify ships at sea to increase maritime safety and security. The UAE's growing concern over maritime security and its commitment to international maritime regulations are fueling the growth of the LRIT system. The Ship Security Reporting System (SSRS) is a critical component of the maritime safety system market in the UAE. SSRS is a system for reporting security-related incidents on ships. It is designed to enhance maritime security by providing a standardized and efficient means of reporting security incidents to relevant authorities. The UAE's stringent maritime security regulations and its proactive approach to maritime security make SSRS a vital part of its maritime safety system market.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Maritime Safety Systems market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Component
• Solution
• Service

By Security Type
• Port & Critical infrastructure Security
• Coastal Security
• Vessel Security
• Crew Security
• Cargoes and containers Safety
• Ship system and equipment (SSE) Safety
• Other Security Types

By System
• Ship security reporting system
• Automatic Identification System (AIS)
• Global Maritime Distress Safety System (GMDSS)
• Long Range Tracking and Identification (LRIT) System
• Vessel monitoring and management system

By End User
• Government & Defence
• Marine & Construction
• oil & Gases
• Shipping & Transport
• By Application
• Loss Prevention & Detection
• Security & Safety Management
• Monitoring & Tracking
• Search & Rescue
• Others

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Maritime Safety Systems industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.