The Global Maritime Distress & Safety System Market is expected to grow from USD 12861.78 Millions in 2018 to USD 23043.67 Millions by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 8.68%.

"Increasing awareness about maritime safety awareness is one of the factors largely attributing to the growth of the Global Maritime Distress & Safety System Market "

The factors attributing to the growth of the market are Growing maritime trade and sea-based freight transport activities, Increasing awareness about maritime safety awareness, and Enforcement of regulatory standards and compliance. However, some factors such as Loosely governed marine regions and undefined standards of technology may hinder the market growth. The Global Maritime Distress & Safety System Market is expected to showcase the opportunities such as Emergence of smart & intelligent technologies, and development of integrated solution and Potential in emerging economies in APAC. In the near future market may face the possible challenges in the growth due to Increasing instances of maritime terrorism. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the Global Maritime Distress & Safety System Market.

On the basis of Service, the Global Maritime Distress & Safety System Market is studied across Consulting, Maintenance & Support, Risk Assessment & Investigation, and Training.

On the basis of Component, the Global Maritime Distress & Safety System Market is studied across Digital Selective Calling, Emergency Position Indicating Radio Beacon, Integrated Satellite Communication Service, Maritime Safety Information System, and Search & Rescue Locating Equipment.

On the basis of Communication Frequency Band, the Global Maritime Distress & Safety System Market is studied across High Frequencies (3-30 MHz), Medium Frequencies (300-3 MHz), and Very High Frequencies (30- 300 MHz).

On the basis of Application, the Global Maritime Distress & Safety System Market is studied across Coastal Surveillance, Port & Critical Infrastructure Security, and Vessel Security.

"Furuno Electric Co., Ltd. the potential growing player for the Global Maritime Distress & Safety System Market"

The key players profiled in the Global Maritime Distress & Safety System Market are Furuno Electric Co., Ltd., Kongsberg Gruppen ASA, lbit Systems Ltd., Honeywell International Inc., Leonardo-Finmeccanica, Hudson Analytix, Inc., Telkom SA, Saab Group, Raytheon Company, PRESCOM SAS, Inmarsat plc, Danphone A/S, Bae Systems, Inc., Northrop Grumman Corporation, and Harris Corporation.

In the report, we have covered two proprietary models, the 360iResearch FPNV Positioning Matrix and 360iResearch Competitive Strategic Window. The 360iResearch FPNV Positioning Matrix analyses the competitive market place for the players in terms of product satisfaction and business strategy they adopt to sustain in the market. The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The 360iResearch Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth.

Research Methodology:

Our market forecasting is based on a market model derived from market connectivity, dynamics, and identified influential factors around which assumptions about the market are made. These assumptions are enlightened by fact-bases, put by primary and secondary research instruments, regressive analysis and an extensive connect with industry people. Market forecasting derived from in-depth understanding attained from future market spending patterns provides quantified insight to support your decision-making process. The interview is recorded, and the information gathered in put on the drawing board with the information collected through secondary research.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the Global Maritime Distress & Safety System Market

2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the Global Maritime Distress & Safety System Market

3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Maritime Distress & Safety System Market

4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Maritime Distress & Safety System Market

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Maritime Distress & Safety System Market

The report answers questions such as:

1. What is the market size of Maritime Distress & Safety System market in the Global?

2. What are the factors that affect the growth in the Global Maritime Distress & Safety System Market over the forecast period?

3. What is the competitive position in the Global Maritime Distress & Safety System Market?

4. Which are the best product areas to be invested in over the forecast period in the Global Maritime Distress & Safety System Market?

5. What are the opportunities in the Global Maritime Distress & Safety System Market?

6. What are the modes of entering the Global Maritime Distress & Safety System Market?

1.1. Objectives of the Study

1.2. Market Segmentation & Coverage

1.3. Years Considered for the Study

1.4. Currency & Pricing

1.5. Language

1.6. Stakeholders

2.1. Research Methodology

2.1.1. Research Process

2.1.2. Research Framework

2.1.3. Research Reliability & Validity

2.1.4. Research Assumptions

2.2. Forecasting Methodology

2.3. Research Outcome

2.3.1. 360iResearch Competitive Strategic Window

2.3.1.1. Leverage Zone

2.3.1.2. Vantage Zone

2.3.1.3. Speculative Zone

2.3.1.4. Bottleneck Zone

2.3.2. 360iResearch FPNV Positioning Matrix

2.3.2.1. 360iResearch Quadrants

2.3.2.1.1. Forefront

2.3.2.1.2. Pathfinders

2.3.2.1.3. Niche

2.3.2.1.4. Vital

2.3.2.2. Business Strategy

2.3.2.2.1. Business Growth

2.3.2.2.2. Industry Coverage

2.3.2.2.3. Financial Viability

2.3.2.2.4. Channel Support

2.3.2.3. Product Satisfaction

2.3.2.3.1. Value for Money

2.3.2.3.2. Ease of Use

2.3.2.3.3. Product Features

2.3.2.3.4. Customer Support

3.1. Outlook in the Maritime Distress & Safety System Market

3.1.1. Need to ensure the safety of the vessel and its crew

3.1.2. Long phase of market Oligopoly

3.1.3. Highly mature market, technology innovation has remained the prime focus

3.2. Opportunities in the Maritime Distress & Safety System Market

3.3. Geographical Analysis in the Maritime Distress & Safety System Market

4.1. Market Connectivity

4.2. Market Dynamics

4.2.1. Drivers

4.2.1.1. Increasing awareness about maritime safety awareness

4.2.1.2. Enforcement of regulatory standards and compliance

4.2.1.3. Growing maritime trade and sea-based freight transport activities

4.2.2. Restraints

4.2.2.1. Loosely governed marine regions and undefined standards of technology

4.2.3. Opportunities

4.2.3.1. Emergence of smart & intelligent technologies, and development of integrated solution

4.2.3.2. Potential in emerging economies in APAC

4.2.4. Challenges

4.2.4.1. Increasing instances of maritime terrorism

4.3. Porter’s Five Forces Analysis

4.3.1. Threat of New Entrants

4.3.2. Threat of Substitutes

4.3.3. Bargaining Power of Customers

4.3.4. Bargaining Power of Suppliers

4.3.5. Industry Rivalry

4.4. Industry Trends

4.4.1. Value Chain Analysis

4.4.2. Innovation Highlights

5.1. Overview

5.2. Market Sizing & Forecasting

5.3. Consulting

5.4. Maintenance & Support

5.5. Risk Assessment & Investigation

5.6. Training

6.1. Overview

6.2. Market Sizing & Forecasting

6.3. Digital Selective Calling

6.4. Emergency Position Indicating Radio Beacon

6.5. Integrated Satellite Communication Service

6.6. Maritime Safety Information System

6.7. Search & Rescue Locating Equipment

7.1. Overview

7.2. Market Sizing & Forecasting

7.3. High Frequencies (3-30 MHz)

7.4. Medium Frequencies (300-3 MHz)

7.5. Very High Frequencies (30- 300 MHz)

8.1. Overview

8.2. Market Sizing & Forecasting

8.3. Coastal Surveillance

8.4. Port & Critical Infrastructure Security

8.5. Vessel Security

9.1. Overview

9.2. Market Sizing & Forecasting

9.3. Canada

9.4. Mexico

9.5. United States

10.1. Overview

10.2. Market Sizing & Forecasting

10.3. China

10.4. India

10.5. Japan

11.1. Overview

11.2. Market Sizing & Forecasting

11.3. France

11.4. Germany

11.5. United Kingdom

12.1. 360iResearch FPNV Positioning Matrix for Global Maritime Distress & Safety System Market

12.2. Market Vendor Ranking Analysis for Global Maritime Distress & Safety System Market

12.3. Competitive News Feed Analysis for Global Maritime Distress & Safety System Market

13.1. Bae Systems, Inc.

13.1.1. Overview

13.1.2. Strategy

13.1.3. SWOT

13.1.4. Scorecard

13.2. Furuno Electric Co., Ltd.

13.2.1. Overview

13.2.2. Strategy

13.2.3. SWOT

13.2.4. Scorecard

13.3. Harris Corporation

13.3.1. Overview

13.3.2. Strategy

13.3.3. SWOT

13.3.4. Scorecard

13.4. lbit Systems Ltd.

13.4.1. Overview

13.4.2. Strategy

13.4.3. SWOT

13.4.4. Scorecard

13.5. PRESCOM SAS

13.5.1. Overview

13.5.2. Strategy

13.5.3. SWOT

13.5.4. Scorecard

13.6. Danphone A/S

13.6.1. Overview

13.6.2. Strategy

13.6.3. SWOT

13.6.4. Scorecard

13.7. Honeywell International Inc.

13.7.1. Overview

13.7.2. Strategy

13.7.3. SWOT

13.7.4. Scorecard

13.8. Hudson Analytix, Inc.

13.8.1. Overview

13.8.2. Strategy

13.8.3. SWOT

13.8.4. Scorecard

13.9. Inmarsat plc

13.9.1. Overview

13.9.2. Strategy

13.9.3. SWOT

13.9.4. Scorecard

13.10. Kongsberg Gruppen ASA

13.10.1. Overview

13.10.2. Strategy

13.10.3. SWOT

13.10.4. Scorecard

13.11. Leonardo-Finmeccanica

13.11.1. Overview

13.11.2. Strategy

13.11.3. SWOT

13.11.4. Scorecard

13.12. Northrop Grumman Corporation

13.12.1. Overview

13.12.2. Strategy

13.12.3. SWOT

13.12.4. Scorecard

13.13. Raytheon Company

13.13.1. Overview

13.13.2. Strategy

13.13.3. SWOT

13.13.4. Scorecard

13.14. Saab Group

13.14.1. Overview

13.14.2. Strategy

13.14.3. SWOT

13.14.4. Scorecard

13.15. Telkom SA

13.15.1. Overview

13.15.2. Strategy

13.15.3. SWOT

13.15.4. Scorecard

14.1. Discussion Guide

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14.3. Author Details