Maritime Security Market Size, Industry Analysis Report By Application (Naval, Coast Guard), By Component (Radar, Sensors, AIS Receivers or Transponder), By Type (Surveillance and Tracking, Detectors) & Region Forecasts

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Medical Plastics Market Size, Share and Global Industry Trend Forecast till 2026
  • : Aug, 2020

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Market Overview

The global Maritime Security market was valued at USD 22.08 billion in 2022 and expected to grow at a CAGR of 9.4% during the forecast period. The maritime surveillance consists of high-end integrated solutions or software for maritime safety & security and monitoring, and other applications.

It is a component that includes multiple radars, sensors, cameras, automated identification system (AIS) receiver or transponders, central control rooms, and others. This combined solution enhances an offshore surveillance and maritime situational awareness and helps increase overall security and reduces risk.

The radar is compliant for an advanced surveillance system and is coupled with a small target tracker (STT) to provides its operator with the capability to detect small targets such as swimmers, buoys or even wooden stakes. Maritime security refers to measures taken to ensure the safety and security of vessels, ports, and other maritime infrastructure from various threats such as piracy, terrorism, smuggling, and other criminal activities. This includes both physical security measures such as surveillance and patrols, as well as policy and legal frameworks to address these issues.

Maritime security is crucial for maintaining international trade and commerce, as well as protecting national security interests. A lack of security in the maritime domain can result in economic disruption, environmental damage, and loss of life. Some of the key components of maritime security include:

Port security: This includes measures such as access control, cargo screening, and security patrols to prevent unauthorized access to ports and ships.

Vessel security: This involves measures to protect vessels from piracy, terrorism, and other criminal activities while at sea.

Maritime domain awareness: This refers to the ability to monitor and track vessels and activities in the maritime domain through the use of technology such as radar, satellites, and other surveillance tools.

International cooperation: Maritime security requires cooperation between countries and international organizations to coordinate efforts and share information.

Overall, maritime security is an important area of focus for governments, international organizations, and the private sector to ensure the safety and security of global trade and commerce.

Report Scope

Report Attributes


Market Size in 2023

USD 23.93 Billion

Market Forecast in 2031

USD 48.87 Billion

CAGR % 2023-2031


Base Year


Historic Data


Forecast Period


Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

System: Screening and Scanning, Communications, Surveillance and Tracking, Others

Type: Port and Critical Infrastructure Security, Vessel Security, Coastal Security

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

SAAB AB, Thales Group, Leonardo SpA, Elbit Systems Ltd., Airbus SE, BAE Systems PLC, Terma AS, Westminster Group PLC, Kongsberg Gruppen ASA, Smiths Group PLC, OSI Systems Inc., Nuctech Company Limited, Leidos Holdings Inc., Others

Impact of COVID

The COVID-19 pandemic has had a significant impact on the maritime security market. The global lockdowns and restrictions on travel and trade have disrupted the shipping industry, causing a decrease in demand for maritime security services. However, the pandemic has also highlighted the importance of maritime security, particularly in terms of securing global supply chains and ensuring the safe transportation of essential goods.

One of the most significant impacts of COVID-19 on the maritime security market has been the decrease in demand for private maritime security companies (PMSCs). PMSCs provide armed guards and other security services to protect vessels from piracy and other threats. However, with many ships either docked or operating at reduced capacity due to the pandemic, the demand for PMSCs has decreased.

On the other hand, the pandemic has also increased the risk of maritime crime, including piracy, smuggling, and human trafficking. Criminal organizations have taken advantage of the pandemic to operate more freely, and the economic downturn has left many people vulnerable to exploitation. As a result, governments and shipping companies have had to invest in additional security measures to protect vessels and their crews.

Furthermore, the pandemic has also highlighted the importance of technology in maritime security. With travel restrictions and social distancing requirements, many companies have turned to remote monitoring and other digital solutions to keep their ships and crew safe. This has led to increased investment in cybersecurity, as well as in other technologies such as autonomous vessels and drones.

In summary, the COVID-19 pandemic has had a mixed impact on the maritime security market. While it has decreased demand for some services, it has also increased the need for others. As the world continues to navigate the pandemic, it is likely that the maritime security industry will continue to evolve to meet the new challenges posed by the pandemic and its aftermath.

Type Insights

Port and Critical Infrastructure Security: This type of maritime security involves protecting critical infrastructure and assets in ports and harbors. It includes security services such as perimeter protection, access control, surveillance, and screening of cargo and personnel.

Vessel Security: This type of maritime security focuses on ensuring the safety and security of ships and their crew. It includes services such as onboard security personnel, electronic surveillance, and tracking systems.

Coastal Security: This type of maritime security involves securing coastlines and territorial waters from threats such as piracy, smuggling, and terrorism. It includes services such as surveillance, patrol, and interdiction.

System Insights

Surveillance and Tracking Systems: These systems include technologies such as radar, sonar, and Automatic Identification System (AIS) to track and monitor vessels in real-time. They are used to detect and identify potential security threats, such as pirate or terrorist activity, and provide alerts to security personnel.

Screening and Scanning Systems: These systems use technologies such as x-ray, gamma-ray, and chemical detection to scan and screen cargo and vessels for potential security threats. They are used to prevent the smuggling of weapons, drugs, and other contraband into and out of ports.

Communication and Navigation Systems: These systems include technologies such as Global Positioning System (GPS), satellite communications, and radio communication systems. They are used to maintain contact with vessels and provide real-time updates on their locations and movements.

Regional Insights

Maritime security is a global issue that affects every region of the world. However, the nature and extent of maritime security challenges can vary depending on the region. Here is a brief overview of some of the key maritime security issues in different regions:

Asia-Pacific: The Asia-Pacific region has long been plagued by piracy, particularly in the waters around Indonesia, the Philippines, and Malaysia. In recent years, there has been an increase in maritime disputes in the South China Sea, leading to tensions between China and other countries in the region.

Africa: The waters off the coast of Somalia have been a hotbed of piracy for many years. In recent years, however, international efforts have been successful in reducing the number of attacks in this region. There are also concerns about smuggling and illegal fishing in the waters off the coast of West Africa.

Europe: The Mediterranean Sea has seen an increase in migrant smuggling in recent years, as well as concerns about terrorism and drug trafficking. The Baltic Sea is also a hotspot for smuggling and trafficking, particularly of drugs.

Middle East: The Persian Gulf is a critical region for oil exports, making it a prime target for terrorist attacks and piracy. There are also concerns about the proliferation of weapons of mass destruction and the smuggling of drugs and other illegal goods.

Americas: The Caribbean has been a center of drug trafficking for many years, and there are concerns about piracy in this region. The waters off the coast of South America are also a hotspot for drug trafficking, particularly in the Pacific Ocean.

Competitive Analysis

Some of the major companies operating within the market are SAAB AB, Thales Group, Leonardo SpA, Elbit Systems Ltd., Airbus SE, BAE Systems PLC, Terma AS, Westminster Group PLC, Kongsberg Gruppen ASA, Smiths Group PLC, OSI Systems Inc., Nuctech Company Limited, Leidos Holdings Inc., Others

Recent News

In January 2022, Honeywell announced an innovative, new low-global-warming-potential (GWP) refrigerant for commercial and industrial refrigeration that is optimized for supermarkets. The product meets the needs of grocers and retailers who are seeking low-global-warming solutions ahead of likely regulatory changes.

In January 2022, Elbit Systems Sweden agreed to supply combat management systems to the Royal Swedish Navy. It would enable underwater detection and surface tracks, based on real-time data, live video streaming, and imagery data, thereby expanding the operational envelope, increasing flexibility, and enabling effective decision making during MCM missions

Why to buy this Report?

The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

Business Model

Production Capacity, Revenue, Sales, Gross Margin

Key Business Strategy

SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:

Company Share Analysis from 2018-2022

Company Analysis by Revenue and Sales

Company Production Capacity, Gross Margin

Company Share Analysis by Application/End Use

Company Share Analysis by Product/Specification

Frequently Asked Questions

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What is the COVID-19 impact on the market and how long will it take to recover?

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What are the market share (%) of Key Players?

What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?

What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?

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