Global Maritime Safety System Market Growth (Status and Outlook) 2023-2029

Global Maritime Safety System Market Growth (Status and Outlook) 2023-2029

Maritime Safety System as part of and overlapping with water safety is concerned with the protection of life (search and rescue) and property through regulation, management and technology development of all forms of waterborne transportation.

LPI (LP Information)' newest research report, the “Maritime Safety System Industry Forecast” looks at past sales and reviews total world Maritime Safety System sales in 2022, providing a comprehensive analysis by region and market sector of projected Maritime Safety System sales for 2023 through 2029. With Maritime Safety System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Maritime Safety System industry.

This Insight Report provides a comprehensive analysis of the global Maritime Safety System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Maritime Safety System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Maritime Safety System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Maritime Safety System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Maritime Safety System.

The global Maritime Safety System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Maritime Safety System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Maritime Safety System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Maritime Safety System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Maritime Safety System players cover Honeywell, Thales Group, Smiths Group, Elbit Systems, Northrop Grumman, Westminster, Raytheon Anschutz, Saab Group and OSI Maritime, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Maritime Safety System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
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
Other

Segmentation by application
Government Institutions
Oil & Gas
Marine & construction
Shipping & Transportation
Cargos & containers
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honeywell
Thales Group
Smiths Group
Elbit Systems
Northrop Grumman
Westminster
Raytheon Anschutz
Saab Group
OSI Maritime
BAE Systems
L3Harris Technologies
KONGSBERG
Leonardo

Please note: The report will take approximately 2 business days to prepare and deliver.