Territorial Border and Coastal Surveillance System Market Globally Grow at a CAGR of 6.20% by Revenue During the Forecast Period 2018-2021

ResearchMoz presents professional and in-depth study of "Global Territorial Border and Coastal Surveillance System Market 2017-2021".

Internal and external security threats, such as terrorism, civil unrest, illegal border infiltration, piracy, drug trafficking, and critical infrastructure demolition, urge countries to focus on fortifying maritime and border security.

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As coastal and border regions form the primary line of defense for any country, investments in maritime and border security are expected to result in substantial growth during the forecast period. In addition, several border conflicts among nations and increasing claims over natural resources and strategically important regions are expected to lead to a substantial increase in military spending in the market.

Technavios analysts forecast the global territorial border and coastal surveillance system market to grow at a CAGR of 6.20% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global territorial border and coastal surveillance system market for 2017-2021. To calculate the market size, the report considers the new installations, shipments, sales, volume, retrofit, replacement, spares, and aftermarket services.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Territorial Border and Coastal Surveillance System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Elbit Systems
FLIR Systems
General Dynamics
Lockheed Martin
Thales

Other prominent vendors
Airbus
CONTROP
Saab
TERMA
Textron Systems

Market driver
Intensification of maritime disputes among countries
For a full, detailed list, view our report

Market challenge
Susceptibility toward cyber breach and hacking
For a full, detailed list, view our report

Market trend
Open architecture surveillance systems
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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