Maritime safety system helps to protect ports and provides coastal surveillance technologies and services to safeguard the interest of a nation and its people against various maritime threats. Maritime safety has become crucial due to the increasing number of maritime threats, piracy, sabotage, unlawful acts, as well as the increasing importance of international trade by sea. Traditionally, maritime safety only involved activities, such as patrol by coast guards and sea marshals, and semaphore techniques. However, technological proliferation over the last couple of decades has brought in the integration of advanced technologies, such as radio and satellite communication systems, innovative detection techniques, and real-time onshore and underwater surveillance.
The services segment to hold higher CAGR during the forecast period
Based on components, the solutions segment is expected to account for a larger market share in 2021, while the services segment is expected to grow at a higher CAGR during the forecast period. This can be attributed to the need for determining the time and cost required to install the solution that requires fully-managed maritime safety services. The rising need for maritime safety systems with proven small target detection capability to assist authorities in efficiently monitoring illegal activities, such as drug trafficking, smuggling, illegal immigrants, piracy, illicit fishing, and terrorism, is expected to gain traction in coming years.
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The port and critical infrastructure segment is estimated to account for the largest market share
Based on security type, the port and critical infrastructure security type segment is estimated to account for the largest market share in 2021 while the crew security segment is expected to gain traction in coming years. Port and infrastructure security are important aspects of maritime safety because illegal activities (smuggling of goods, narcotics, and human trafficking) are carried out at ports. As a result, specialized weapons with armed guards are used by maritime safety companies to provide security.
The Coronavirus disease (COVID-19) triggered a global health and economic crisis with wide-ranging implications for maritime transport and trade. Restrictions introduced in response to the pandemic have caused disruptions, affecting ports, shipping, and supply chains. Many industries faced challenges along their supply chain. Some of these challenges were raw material shortages, lead-time issues, ocean blank sailings, port closures, reduced working hours at ports, equipment and labor shortages, and transport capacity constraints. These obstacles undermine the smooth movement of trade flows and supply chain operations and significantly erode transport services. Governments have both flag and port states, which have issued circulars and other forms of communication on COVID-19. The maritime sector in various countries across different regions has issued several port marine circulars related to COVID-19. After initially announcing that crew changes were suspended, following feedback from the industry and unions, it has established a prescribed process, considering whether the seafarer has served the maximum time on board and no further extension of the employment contract is granted by the flag state.
The long-term impact of the pandemic is yet to be fully understood. All indicators are pointing to significant immediate challenges for the maritime sector. These differ depending on the maritime transport segment (e.g., container, bulk, reefer, tanker). These indicators vary by region, level of development, and the state of prior preparedness to shocks and disruptions. The COVID-19 pandemic has created an unprecedented situation worldwide. To slow the spread of the disease and lessen its impact, governments around the globe have restricted travel and closed borders. Numerous ports and airports have shut, ships have been denied entry, and planes grounded. About 90 percent of global trade is moved by maritime transport. Commercial fishing is a major source of the world’s food. Many seafarers are on board for extended periods. Therefore, to avoid fatigue, crews need to change regularly. This involves some 100,000 seafarers every month. However, because of restrictions due to the COVID-19 pandemic, around 90,000 seafarers are currently stuck onboard cruise ships without passengers and sometimes even without pay. The Maritime Labor Convention 2006 has proved to be a strong and practical instrument that has supported both seafarers and ship owners during this pandemic.
The pandemic has triggered a global health and economic crisis with wide-ranging implications for maritime transport and trade. Restrictions introduced in response to the pandemic have caused disruptions affecting ports, shipping, and supply chains. Many industries faced challenges along their supply chain. Some of these challenges were raw material shortages, lead time issues, ocean blank sailings, port closures, reduced working hours at ports, equipment, and labor shortages, as well as transport capacity constraints. These obstacles undermine the smooth movement of trade flows and supply chain operations and significantly erode transport services. Governments have both flag and port States, which have issued circulars and other forms of communication on COVID-19. The maritime sector in various countries across the different regions has issued several port marine circulars related to COVID-19. After initially announcing that crew changes were suspended, following feedback from the industry and unions, it has established a prescribed process, considering whether the seafarer has served the maximum time on board and no further extension of the employment contract is granted by the flag State.
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The long-term impact of the pandemic is yet to be fully understood. All indicators are pointing to significant immediate challenges for the maritime sector. These differ depending on the maritime transport segment (e.g., container, bulk, reefer, tanker) along with this whether the transport operation is domestic or international. It varies by region, level of development, and the state of prior preparedness to shocks and disruptions. The COVID-19 pandemic has created an unprecedented situation worldwide. To slow the spread of the disease and lessen its impact, governments around the globe have restricted travel and closed borders. Numerous ports and airports have shut, ships have been denied entry, and planes grounded. About 90 percent of global trade is moved by maritime transport. Commercial fishing is a major source of the world’s food. Many seafarers are on board for extended periods. Therefore, to avoid fatigue, crews need to change regularly. This involves some 100,000 seafarers every monthh. However, because of restrictions due to the COVID-19 pandemic, around 90,000 seafarers are currently stuck onboard cruise ships without passengers and sometimes even without pay. The Maritime Labor Convention 2006 has proved to be a strong and practical instrument that has supported both seafarers and ship owners during this pandemic.
Some of the major vendors in the Maritime Safety Market Honeywell (US), Thales Group (France), Smiths Group (UK), Elbit Systems (Israel), Northrop Grumman (US), Westminster Group (UK), Raytheon Anschutz (Germany), Saab Group (Sweden), OSI Maritime Systems (Canada), BAE Systems (UK), L3Harris Technologies (US), KONGSBERG (Norway), Leonardo (Italy), ATLAS ELEKTRONIK (Germany), Airbus (Netherlands), Terma Group (Denmark), Nuctech (China), ARES Security (US), Rolta (India), HALO Maritime Defense Systems ( US), Consilium ( Sweden), Maindeck (Norway), Captains Eye (Israel), FREGATA SPACE (Spain), Nautix Technologies (Denmark), ioCurrents (US), KNL Networks (Finland), Harbor Lab (Greece), Smart Ship Hub (Singapore), YManage360 (India), SailRouter (Netherlands) and HudsonAnalytix (US).
Smiths Group (UK) has a global presence in over 200 countries, including France, Germany. Malaysia, theUK and the US. It has five R&D centers and more than 14,000 suppliers, including strategic partner suppliers and logistic suppliers, including professional service suppliers and equipment, and IT and machine suppliers across the world. Smith’s Group offers solutions that have a real impact on the lives across the planet— enabling industry, improving healthcare, enhancing security, advancing connectivity, and supporting new homes. Its customers are based in over 200 countries and territories around the world. The company operates through four major divisions: John Crane, Smiths Detection, Smiths Interconnect, and Flex-Tek. Smith’s Detection provides threat detection and security screening technologies for ports and borders that limit illegal activities, without affecting global trade. In the face of escalating cross-border smuggling, authorities need rigorously to monitor imports, exports, transit traffic, and people for illicit goods and dangerous materials.
Thales Group (France) is a global technology leader with more than 80,000 employees in five continents. The Group is investing in digital and “deep techs” innovations, such as big data, artificial intelligence, connectivity, cybersecurity, and quantum technology, to build the future. Thaless high-tech solutions, services, and products help companies, organizations, and governments to achieve their goals and ambitions. In each of its five vertical market’s digital identity and security, defense and security, aerospace, space, and transport, its customers play a vital role in society. In the maritime safety market, the solutions in the Thales Group meet a wide range of needs, from maritime security operations to combat operations. Different solutions, such as Thale’s combat system, radar mission, and many others, are performing maritime security operations, surveillance, command and combat functions, and support weapon systems for both US and European manufacturers. Thales offers a complete range of domain-oriented solutions for safety, littoral security, ocean security, point defense, and local and wide area defense.
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