Global Space-based Maritime Surveillance Market Research Report 2022: The $1 Billion Industry is Expected to Grow at Approximately 6% by 2030
Dublin, Feb. 21, 2023 (GLOBE NEWSWIRE) -- The "Space-based Maritime Surveillance" report has been added to ResearchAndMarkets.com's offering.
The growing multipolar world, types of threats and distances from which such threats can emanate, contested waters, and maritime zones of control of various nations necessitate greater and constant vigilance of oceans through maritime surveillance.
Maritime surveillance is conducted using terrestrial radars, automatic identification systems (AIS), earth observatory (EO) systems, and other passive sensor systems; shipborne surveillance assets of navies and coastguards; and airborne surveillance assets. It comes at a considerable cost, is scarce, and the limitations of these assets have created large gaps, forming opportunities for space-based maritime surveillance.
In the satellite industry, the trend is toward smaller, cheaper, longer life, easily replaceable, digital twin-enabled remote sensing for less expensive and more effective maritime surveillance. In addition, the advancements in information technologies with machine learning (ML), artificial intelligence (AI), and data analytics has and will enable more on-demand and real-time space-based solutions for maritime surveillance.
The space-based maritime surveillance market, worth more than $1 billion, is expected to grow at approximately 6% by 2030, with North America, Europe, and APAC having the largest share. Nearly 35% of the market opportunity in 2030 will come from security and law enforcement requirements. The study highlights growth opportunities in remote sensing for space-based maritime surveillance.
These opportunities will come from creating low-cost, digital twin technology-enabled solutions that provide a real-time and on-demand maritime surface picture for quick response and improved decision support.
Key Topics Covered:
1. Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on Space-based Maritime Surveillance
Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Opportunity Analysis
Trends in the Satellite Industry
Scope of Analysis
Space-based Maritime Surveillance Application
Space-based Sensors for Maritime Surveillance
Artificial Intelligence and Data Analytics for Space-based Maritime Surveillance
Key Competitors for Space-based Maritime Surveillance
Revenue Forecast by Region
Cumulative Revenue by Region, 2022-2030
Cumulative Revenue Share by Region, 2022-2030
Space-based Maritime Surveillance Market Trends
3. Growth Opportunity Universe
Growth Opportunity 1: Security-focused Space-based Maritime Surveillance
Growth Opportunity 2: Space-based Maritime Surveillance Technology Solutions
Growth Opportunity 3: Space-based Maritime Surveillance with AI/ML and Big Data Analytics
For more information about this report visit https://www.researchandmarkets.com/r/mrjgp4-based?w=12
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