Report Id: SNS/A&D/2120 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Coastal Surveillance Market Size was valued at USD 34.38 billion in 2021 and US$ 35.56 billion in 2022, expected to reach USD 43.48 billion by 2028, and grow at a CAGR of 3.41% over the forecast period 2022-2028.
Coastal surveillance protects the country's boundaries from terrorism or other intrusions in coastal areas. It also aids in the detection of smuggling, illegal fishing, and other immoral acts. CSS ensures the safety of marine traffic inside national waters, coasts, and ports. This technology also scans and monitors the water within the coastal boundaries for un-authorised activities. It is responsible for the continual and uninterrupted surveillance and inspection of all ships and boats. These important aspects are promoting the expansion of the coastal surveillance market. However, a lack of resources to manage changes in the technical environment may limit its expansion in emerging economies.
Improved Situational Awareness to Power Operations
An increase in the number of illegal coastal activities, including as smuggling and illegal trades, has occurred.
Resources are scarce to manage the changing technological environment.
Cuts to Defense Budgets in Developed Economies
Increased Demand from Coastal Surveillance Centers for Submarine Periscope and Radar Antenna Detection.
Global demand for maritime traffic control is increasing.
Improved Target Tracking and Guidance Paradigms in Surveillance Radar Systems
The Rise of Stealth Technology
THE IMPACT OF COVID-19
The demand side of the coastal surveillance radar market remained unchanged in 2020, despite a minor delay in lead time. Furthermore, despite the fact that the number of illnesses in APAC is expected to rise in 2021, governments have relaxed containment rules and permitted industrial plants to operate. For example, despite the massive second wave in India in the second quarter of 2021, the Indian Government and Bharat Electronics Limited continued the development and deployment of coastal surveillance radars through a Transfer of Technology Agreement initiated in November 2020 with Terma A/S. Similarly, despite an increase in the frequency of illnesses in China, the development and deployment of coastal monitoring radar in 2021 remained unaltered. As a result, COVID-19 will have a minor impact on the coastal surveillance radar market in 2020.
The coastal surveillance market can be divided into command and control, communications, computers, intelligence, surveillance and reconnaissance, and electronic warfare. Because of the use of radio networks to transmit intelligence and surveillance information from global positioning systems to video and sensor data, the intelligence category is predicted to develop at the fastest CAGR.
The coastal surveillance market can be divided into three segments based on end-user: naval, coast guard, and other users. The naval segment dominates the coastal surveillance market and is likely to maintain its dominance in the coming years due to benefits such as broad monitoring regions, low interruptions, and easy coordination.
MARKET KEY PLAYERS:
Terma A/S, Kongsberg Gruppen ASA, SAAB AB, Elbit Systems Ltd., Indra Sistemas S A, The Raytheon Company, and Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, Selex Es Spa, and other players.
KEY MARKET SEGMENTS:
Command & Control
Surveillance & Reconnaissance
by End Use
North America, Europe, Asia Pacific, and the rest of the world make up the Coastal Surveillance market. Because of the region's high defence spending and rising use of modern surveillance technologies. Because of the existence of important players such as Thales Group and Kongsberg Gruppen, the European market is expected to increase moderately. Due to rising demand for coastal surveillance systems and increased military spending in countries such as India and China, the Asia-Pacific market is likely to be the fastest-growing area in the worldwide coastal surveillance market. Furthermore, markets in Latin America and the Middle East and Africa are expected to grow at a rapid pace during the forecast period.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 34.38 Billion|
|Market Size by 2028||US$ 43.48 Billion|
|CAGR||CAGR of 3.41% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Application (Command & Control, C2, Communication, Computers, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare)
• By End Use (Naval, Coast Guard)
• By Structure (National, Regional, and Port)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Terma A/S, Kongsberg Gruppen ASA, SAAB AB, Elbit Systems Ltd., Indra Sistemas S A, The Raytheon Company, and Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, Selex Es Spa, and other players.|
|DRIVERS||• Improved Situational Awareness to Power Operations
• An increase in the number of illegal coastal activities, including as smuggling and illegal trades, has occurred.
|RESTRAINTS||• Resources are scarce to manage the changing technological environment.
• Cuts to Defense Budgets in Developed Economies
Frequently Asked Questions (FAQ) :
Manufacturers/Service provider, Consultant, Association, Research institute, private and universities libraries, Suppliers and Distributors of the product.
The demand side of the coastal surveillance radar market remained unchanged in 2020, despite a minor delay in lead time. Furthermore, despite the fact that the number of illnesses in APAC is expected to rise in 2021, governments have relaxed containment rules and permitted industrial plants to operate.
Resources are scarce to manage the changing technological environment and Cuts to Defense Budgets in Developed Economies
North America, Europe, Asia-Pacific, The Middle East & Africa, Latin America are the major region cover.
The sample for the Coastal Surveillance Market report is available on the website upon request. To obtain the sample report, you can also use the 24*7 chat support and direct call services.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Coastal Surveillance Market, by Application
8.1 Command & Control
8.6 Surveillance & Reconnaissance
8.7 Electronic Warfare
9.Coastal Surveillance Market, by End Use
9.2 Coast Guard
10.Coastal Surveillance Market, by Structure
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12.1 Terma A/S
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Kongsberg Gruppen ASA
12.3 SAAB AB
12.4 Elbit Systems Ltd.
12.5 Indra Sistemas S A
12.6 The Raytheon Company
12.7 Lockheed Martin Corporation
12.8 Northrop Grumman Corporation
12.9 Thales Group
12.10 Selex Es Spa
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.