Global Maritime Safety System Markets Report 2022: Across Maritime Sector to Drive the Growth of Market - Forecast to 2026
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: PR Newswire
DUBLIN, May 13, 2022 /PRNewswire/ -- The "Maritime Safety System Market by Component (Solutions & Services), Security Type (Coastal Surveillance, Crew Security), Application (Counter Piracy, Safety of Ships), System (AIS, GMDSS, LRIT System ), End-User and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.The global Maritime Safety market size to grow from USD 23.9 billion in 2021 to USD 33.4 billion by 2026, at a CAGR of 6.9%The major factors driving the growth of the maritime safety market are the rising need to manage complex supply chain operations and increase sustainability across the marine industry, increasing trade and freight transport activities through the sea, rising need to create awareness about maritime safety, and regulatory compliances and standards.Furthermore, the advent of innovative technologies, such as RFID, GPS, AR, robotics, and Blockchain; development of integrated solutions to lower maritime terrorism and piracy; a
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