-- The global maritime and border security market is expected to grow at a CAGR of 3.38% over the forecast period. The market consists of four categories: Maritime Surveillance and Detection, Border Surveillance and Detection, Border Infrastructure and Protection, Maritime Infrastructure and Protection. It is expected to be dominated by the Maritime Surveillance and Detection, followed by Border Surveillance and Detection. The Asia Pacific region is forecasted to dominate the sector with a share of 41.5%, followed by the North America market, which is dominated by the US market. Russia, UK and Turkey to account for major market share in the European region.
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Reason to Buy:
• Determine prospective investment areas based on a detailed trend analysis of the global maritime and border security market over the next ten years
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• Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
• Identify the major channels that are driving the global maritime and border security market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
• Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global maritime and border security market
• Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top maritime and border security providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
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The demand for maritime and border security equipment is anticipated to be driven by internal security threats, such as terrorism, threats to sovereign integrity, illegal border infiltration, piracy, drug trafficking, and critical infrastructure security, among several others. The market is expected to be dominated by the Asia Pacific, followed by North America and Europe.
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