World Maritime & Border Security Market to Post 3.38% CAGR to 2027, States SDI in Its New Report Published at MarketPublishers.com03 Jan 2018 • by Natalie Aster
LONDON – Worldwide, the maritime and border security equipment market is poised to record a 3.38% CAGR in the foreseeable future.
The demand for maritime and border security equipment is poised to be stimulated by homeland security threats, like terrorism, threats to sovereignty and territorial integrity, illegal border infiltration, piracy, narcotics trafficking, and critical infrastructure security, amid others.
Geography-wise, the APAC region is poised to take the lead in the sector accounting for a share of 41.5%. North America, led by the USA, is the 2nd biggest market. In Europe, Russia, the UK and Turkey together are projected to capture the lion’s market share.
New research publication “Global Maritime and Border Security Market 2017-2027” drawn up by SDI offers a profound, unbiased assessment and forecast of the marketplace on a global level.
It identifies the possible investment areas by giving an all-round trend assessment of the world maritime and border security market in the next 10 years. The report gets a detailed understanding of the factors propelling the demand for different market segments in the key spending countries worldwide, as well as pinpoints major opportunities bought about each of them. The study limelights the market demand drivers, prevalent trends in the industry, and the most recent technology advances, amid others. It gives information on the major channels that are fuelling the world maritime and border security market, giving a shrewd picture about prospective opportunities to be tapped. The report discusses the current programs undertaken by the defense ministries of various countries. The study offers an all-round analysis of the overall competitive scene of the industry with granular profiles of the prominent providers of maritime and border security equipment worldwide, with coverage of information on their alliances, products, contract wins and financials, etc.
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