Zion Market Research Global Coastal Surveillance Market, 2016–2024 | Page 4
Coastal Surveillance Market
Global Coastal Surveillance Market: Regional Analysis
Asia-Pacific is expected to dominate the global coastal surveillance market due to the increasing
demand for the surveillance applications by the defense across the various regions. The market
in the Asia-Pacific region is propelling due to the growing terrorism and regional conflicts which
in turn benefits the global market. The rising utilization of coastal surveillance equipment,
border issues or the regional tensions in South China helps boost the global market.
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Global Coastal Surveillance Market: Competitive Players
The key players in the global coastal surveillance market include Thales Group, Northrop
Grumman Corporation, Terma A/S, Elbit Systems Ltd., Indra Sistemas SA, Kongsberg Gruppen,
and SAAB AB. These competitive players adopt a number of strategies such as the signing of
agreements, bonds, contracts, joint ventures, partnerships, collaborations, mergers and
acquisitions, business expansion, and new product development in order to acquire a standard
position in the global market.