Coastal Surveillance Market by Application (C2, Communication, Computers, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare), End Use (Naval, Coast Guard), Structure (National, Regional, and Port), Scale Global Forecast to 2021 The coastal surveillance market is projected to reach USD 34.34 Billion by 2021, at a CAGR of 3.38% from 2016 to 2021. Factors such as increased demand for network-centric warfare along with the growing demand for market and competitive intelligence are expected to drive the coastal surveillance market. Browse 91 market data Tables and 77 Figures spread through 188 Pages and in-depth TOC on "Coastal Surveillance Market - Global Forecast to 2021" http://www.marketsandmarkets.com/Market-Reports/coastalsurveillance-market-89731714.html Key players profiled in the coastal surveillance market report include Northrop Grumman Corporation (U.S.), Thales Group (France), Terma A/S (Denmark), Kongsberg Gruppen (U.K.), SAAB AB (Sweden), Elbit Systems Ltd. (Israel), and Indra Sistemas S A,(Spain), among others. On the basis of application, the coastal surveillance market has been segmented into the command & control, communications, computers, intelligence, surveillance & reconnaissance and electronic warfare application. The intelligence segment is projected to grow at the fastest CAGR during the forecast period, 2016 to 2021, primarily because coastal surveillance systems utilize radio networks to transmit intelligence, surveillance & reconnaissance information from global positioning data to video and sensor data.
The Intelligence application segment in the coastal surveillance market is expected to witness high growth during the forecast period. The key applications considered for the coastal surveillance market study are command & control, communication, computers, intelligence, surveillance & reconnaissance, and electronic warfare. The intelligence segment is projected to grow at the highest CAGR during the forecast period, as it acts as a force-multiplier by providing advanced situational awareness to armed forces and is the greatest attribute to militaries wielding such platforms as manned and maritime surveillance. The surveillance and reconnaissance application segment is the second highest growing market in the coastal surveillance market over the forecast period Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=89731714 The naval segment to dominate the coastal surveillance market with the highest market share The naval segment is projected to have the highest market share in the coastal surveillance market, by end-user. Naval surveillance systems are used to provide surface patrolling whereby these detect and track small targets from the vessel and offer uninterrupted, all-weather surface surveillance to the navy. It monitors the near lower airspace around the vessel and is capable of detecting and tracking both propeller and jet aircraft up to a certain altitude providing low airspace monitoring and surveillance for the navy. It also provides the UAV control and missile detection & guidance facility to the naval vessel. It is used for search and rescue operations by the navy in case of missing ships and vessels.
The coastal surveillance market is expected to witness the highest growth in the Asia-Pacific region. The Asia-Pacific region is expected to experience extensive growth opportunities during the next few years. The increase in defense spending among countries in the APAC region has increased opportunities for coastal surveillance applications. Speak To Analyst : http://www.marketsandmarkets.com/speaktoanalyst.asp?id=89731714 The rise in conflicts among neighboring countries in the APAC region and the threats from growing terrorism are reasons driving this market in this region. With geopolitical tensions in the South China Sea and border issues in many countries, procurement of coastal surveillance equipment will increase across the region. About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model â€“ GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&Mâ€™s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and
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