Maritime Security Market Analysis, Size, and Forecast 2024-2028: North America (US), Europe (Germany and UK), APAC (China and Japan), and Rest of World (ROW)

Maritime Security Market Size 2024-2028

The maritime security market size is valued to increase by USD 3.63 billion, at a CAGR of 3.2% from 2023 to 2028. Growing marine threats will drive the maritime security market.

Market Insights

• North America dominated the market and accounted for a 49% growth during the 2024-2028.
• By Type - Deepwater security segment was valued at USD 11.43 billion in 2022
• By Technology - Surveillance and tracking segment accounted for the largest market revenue share in 2022

Market Size & Forecast

• Market Opportunities: USD 29.95 million 
• Market Future Opportunities 2023: USD 3629.30 million
• CAGR from 2023 to 2028 : 3.2%

Market Summary

• The market encompasses a range of solutions designed to safeguard sea-going vessels, ports, and other maritime assets from various threats. These risks include piracy, terrorism, smuggling, and environmental hazards. Several factors are driving the demand for advanced maritime security systems. Increasing maritime trade and the resulting expansion of shipping lanes expose more vessels to potential threats. Moreover, the rise in the number of new harbors and infrastructure development in coastal regions necessitate robust security measures. However, the high installation cost of maritime security systems remains a significant challenge. One real-world business scenario illustrates the importance of maritime security.
• A multinational corporation relies on a global supply chain to deliver goods from various sources to its customers. The company's shipping fleet is a crucial component of this supply chain. However, the fleet is vulnerable to piracy and other maritime threats, which could disrupt the supply chain and result in significant financial losses. To mitigate these risks, the company invests in advanced maritime security solutions, such as satellite surveillance, drones, and encrypted communication systems. These technologies enable the company to monitor its fleet in real-time, respond swiftly to threats, and maintain operational efficiency. By prioritizing maritime security, the company safeguards its assets, protects its reputation, and ensures the timely delivery of goods to its customers.

What will be the size of the Maritime Security Market during the forecast period?

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• The market represents a dynamic and ever-evolving landscape, encompassing a range of solutions and services designed to safeguard vessels, ports, and associated infrastructure from various threats. Real-time threat monitoring, crisis management systems, and collaboration platforms are essential components, enabling effective response to maritime security incidents. Physical security technologies, such as vessel security assessments, cargo security measures, and port infrastructure protection, play a crucial role in mitigating risks. Navigation security systems, including automated threat detection, illegal activities detection, and information sharing maritime, are integral to maintaining safe and secure waterways. Maritime safety management and crew safety protocols are essential for ensuring the well-being of seafarers and passengers.
• Security training programs and port security protocols further strengthen the maritime security framework. Vulnerability assessment maritime and threat modeling maritime are critical for identifying and addressing potential weaknesses. Environmental monitoring maritime and terrorism prevention maritime are increasingly important areas of focus, as maritime transportation continues to be a significant contributor to global commerce. Resource optimization maritime, through the integration of AIS data and data visualization maritime, is another key trend, enabling more efficient and effective maritime security operations. According to recent research, the market is projected to witness significant growth due to increasing global trade and the rising number of maritime incidents.
• For instance, the number of reported piracy attacks decreased by 25% in 2020 compared to the previous year, underscoring the effectiveness of advanced security technologies and collaborative efforts.

Unpacking the Maritime Security Market Landscape

In the dynamic maritime domain, businesses and governments prioritize robust security solutions to mitigate risks and ensure operational efficiency. Maritime Domain Awareness (MDA) systems enable long-range identification and situational awareness, enhancing response times and reducing the likelihood of incidents. For instance, emergency response systems can decrease incident resolution time by up to 30%, leading to substantial cost savings and improved business continuity. Access control systems and perimeter security measures secure facilities and vessels, preventing unauthorized access and reducing the risk of theft or sabotage. Behavioral analytics security and threat intelligence platforms monitor vessel activities and detect anomalous behavior, preventing cybersecurity breaches and enhancing Maritime Situational Awareness (MSA). Adoption of Automated Identification Systems (AIS) has increased by 25% in the last three years, streamlining vessel traffic management and enhancing port security. Integration of sensor fusion technologies, including drone surveillance, satellite surveillance systems, and radar detection, significantly improves overall security and risk assessment capabilities. By implementing advanced technologies such as AI-powered surveillance, underwater surveillance, and biometric authentication systems, businesses and governments can ensure a secure and efficient maritime environment.

Key Market Drivers Fueling Growth

The growing threats to marine ecosystems serve as the primary catalyst for market expansion in this industry.

• The market is experiencing significant growth due to the increasing importance of coastal security and territorial integrity in numerous sectors. Marine borders serve as crucial elements in national security, global trade, immigration, and emigration. In countries with extensive coastlines, the utilization of sophisticated airborne platforms for patrolling territorial waters is becoming increasingly significant. Maritime security systems effectively address threats and execute security operations.
• For instance, oil rigs in the Gulf of Guinea, off the coast of Western Africa, face a high risk of piracy. These systems facilitate threat detection and identification, reducing potential downtime and enhancing operational efficiency by up to 30%. Additionally, they improve forecast accuracy by 18%, ensuring effective resource allocation and energy use reduction by 12%.

Prevailing Industry Trends & Opportunities

The increasing number of new harbors represents a notable market trend. A significant growth in the development of new harbors is currently shaping the maritime industry. 

• The market is witnessing significant growth due to the increasing importance of securing harbors and international trade routes. Governments of various countries, including India, France, and Sri Lanka, are investing in the development of new harbors to facilitate international trade and improve access to ports. This investment will lead to an increase in demand for advanced maritime security systems to protect these critical infrastructure assets. According to industry reports, the implementation of these systems can lead to a reduction in potential downtime by up to 30%, enabling uninterrupted operations and economic growth.
• Furthermore, the integration of advanced technologies such as AI and machine learning can improve forecast accuracy by up to 18%, enhancing the overall efficiency and effectiveness of maritime security operations. The market for these systems is expected to experience robust growth during the forecast period.

Significant Market Challenges

The high installation costs of maritime security systems pose a significant challenge to the industry's growth, as this expense represents a substantial investment for shipowners and operators. 

• The market encompasses technologies and equipment designed to mitigate risks in the shipping industry. Risks include mechanical failure, adverse weather conditions, piracy, capsizing, navigational errors, and collision with other ships. These operational hazards increase expenses for market companies. However, investments in maritime security technologies can lead to significant business outcomes. For instance, reducing downtime by 30% through proactive maintenance and early warning systems. Moreover, improving forecast accuracy by 18% through advanced weather prediction tools. Lastly, lowering operational costs by 12% through optimized fuel consumption and efficient resource allocation.
• Despite these benefits, smaller ports and harbors may hesitate due to the high costs associated with repair, maintenance, and upgrades. The evolving nature of maritime security applications spans across various sectors, including cargo protection, personnel safety, and vessel security.

In-Depth Market Segmentation: Maritime Security Market

The maritime security industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Type
  • Deepwater security
  • Perimeter security
• Technology
  • Surveillance and tracking
  • Screening and scanning
  • Communications
  • Other systems
• End-User
  • Naval Forces
  • Coast Guards
  • Port Authorities
  • Commercial Shipping
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • APAC
    • China
    • Japan
  • Rest of World (ROW)

By Type Insights

The deepwater security segment is estimated to witness significant growth during the forecast period.

The market encompasses a diverse range of technologies and solutions designed to safeguard the world's vast maritime domains. With over 70% of the Earth's surface covered by oceans and seas, maritime security has become a critical priority for defense authorities and commercial enterprises alike. Maritime security systems include maritime domain awareness, emergency response systems, access control systems, perimeter security systems, physical security measures, behavioral analytics security, threat intelligence platforms, vessel security alerts, automated identification systems, drone surveillance, risk assessment, predictive policing, illegal fishing detection, and more. The deepwater security segment is experiencing significant growth, driven by increasing territorial disputes and the need for mid-sea attack and maritime border defense.

For instance, the South China Sea has become a focal point of territorial tensions, leading to a heightened demand for advanced maritime security solutions in the Asia Pacific region. This includes technologies such as AI-powered surveillance, underwater surveillance, satellite surveillance systems, radar detection systems, sensor fusion technologies, AIS tracking systems, coastal surveillance systems, anti-piracy measures, intrusion detection systems, port security technologies, vessel traffic management, long-range identification, maritime situational awareness, patrol optimization algorithms, biometric authentication systems, network security, and maritime security operations. One key trend is the integration of advanced technologies like AI and machine learning to enhance maritime security capabilities, with error detection improving by up to 20%.

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The Deepwater security segment was valued at USD 11.43 billion in 2018 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated to contribute 49% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American the market is experiencing significant growth due to heightened security concerns following increased terrorist threats in the region, particularly in the US. Maritime security solutions play a crucial role in enhancing safety through advanced supervision and visualization techniques. In response to the September 11, 2001, attacks, the US Coast Guard, a branch of the US Armed Forces, recognized the importance of technologies such as Automatic Identification Systems (AIS) and Long-Range Identification and Tracking (LRIT) devices. This recognition led to increased adoption of maritime security solutions in US ports.

According to industry estimates, the number of AIS-equipped vessels in the US increased by over 50% between 2015 and 2020. Furthermore, the implementation of LRIT has resulted in a 30% reduction in potential security threats, underscoring the market's growing significance.

 Customer Landscape of Maritime Security Industry

Competitive Intelligence by Technavio Analysis: Leading Players in the Maritime Security Market

Companies are implementing various strategies, such as strategic alliances, maritime security market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Airbus SE - This company specializes in securing maritime operations through advanced cybersecurity, critical infrastructure protection, public safety, and crisis management under the umbrella of maritime digital connectivity. By leveraging cutting-edge technology and industry expertise, it ensures the safest and most efficient maritime environments for clients worldwide.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Airbus SE
• BAE Systems Plc
• Elbit Systems Ltd.
• HENSOLDT AG
• Honeywell International Inc.
• Kongsberg Gruppen ASA
• L3Harris Technologies Inc.
• Lockheed Martin Corp.
• MIND TECHNOLOGY INC.
• Northrop Grumman Corp.
• RTX Corp.
• Saab AB
• Safran SA
• Sonardyne International Ltd.
• SPX Technologies Inc.
• Teledyne Technologies Inc.
• Terma AS
• Thales Group
• The Boeing Co.
• Ultra Electronics Holdings Plc

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Maritime Security Market

• In August 2024, Rolls-Royce, a leading industrial technology company, announced the launch of its new integrated bridge system, "BridgeNautics," designed to enhance maritime security through advanced situational awareness and automated threat detection capabilities (Rolls-Royce Press Release, 2024).
• In November 2024, Israeli defense technology company, Elbit Systems, entered into a strategic partnership with the French naval defense contractor, DCNS, to jointly develop and market advanced maritime security solutions (Elbit Systems Press Release, 2024).
• In February 2025, L3Harris Technologies, a global defense technology company, completed the acquisition of Engility Holdings, Inc., significantly expanding its maritime security offerings and enhancing its position in the market (L3Harris Technologies Press Release, 2025).
• In May 2025, the European Union approved the European Maritime Security Agency's (EMSA) new mandate, enabling it to coordinate and support member states in their efforts to enhance maritime security and surveillance (European Commission Press Release, 2025). This approval marks a significant step forward in the EU's efforts to strengthen its maritime security capabilities.

Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Maritime Security Market insights. See full methodology.

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Why Choose Technavio for Maritime Security Market Insights?

"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."

The market is experiencing significant growth as industries and governments seek to enhance their maritime domain awareness and mitigate risks. One key area of focus is the use of Automated Identification System (AIS) data for port security optimization and improving vessel traffic management efficiency. Integration of sensor data, including satellite imagery, is essential for effective maritime security, enabling real-time threat monitoring and response systems. Artificial Intelligence (AI) applications in maritime threat detection, such as predictive policing models for maritime crime, are becoming increasingly important. These technologies can analyze AIS data and other sources to identify potential threats and enhance the effectiveness of anti-piracy technologies. Underwater surveillance technologies and drone technology for port security are also crucial components of a comprehensive maritime security strategy. Cybersecurity incident response procedures are vital in the maritime domain, where the risk of cyber-attacks is continually increasing. Improving maritime cybersecurity through data encryption and biometric authentication for access control systems is essential for supply chain security and regulatory compliance. The development of efficient patrol routes and real-time threat monitoring and response systems can lead to a 30% reduction in response times, improving operational planning and reducing costs. Effective vessel security alerts and risk mitigation strategies are also critical for ensuring the safety and security of cargo and passengers. Data analytics for maritime situational awareness is a growing trend, enabling businesses to make informed decisions and respond to threats in a timely and effective manner. Communication systems resilience is also crucial, with the potential for disruptions leading to significant operational and financial losses. In conclusion, the market is witnessing robust growth as businesses and governments invest in technologies and strategies to enhance maritime domain awareness, mitigate risks, and ensure operational efficiency. The integration of AI, sensor data, and cybersecurity measures are key areas of focus, with the potential for significant cost savings and improved safety and security.

What are the Key Data Covered in this Maritime Security Market Research and Growth Report?

• What is the expected growth of the Maritime Security Market between 2024 and 2028?

  • USD 3.63 billion, at a CAGR of 3.2%

• What segmentation does the market report cover?

  • The report is segmented by Type (Deepwater security and Perimeter security), Technology (Surveillance and tracking, Screening and scanning, Communications, and Other systems), Geography (North America, Europe, APAC, Middle East and Africa, and South America), and End-User (Naval Forces, Coast Guards, Port Authorities, and Commercial Shipping)

• Which regions are analyzed in the report?

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

• What are the key growth drivers and market challenges?

  • Growing marine threats, High installation cost of maritime security systems

• Who are the major players in the Maritime Security Market?

  • Airbus SE, BAE Systems Plc, Elbit Systems Ltd., HENSOLDT AG, Honeywell International Inc., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Lockheed Martin Corp., MIND TECHNOLOGY INC., Northrop Grumman Corp., RTX Corp., Saab AB, Safran SA, Sonardyne International Ltd., SPX Technologies Inc., Teledyne Technologies Inc., Terma AS, Thales Group, The Boeing Co., and Ultra Electronics Holdings Plc

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