Maritime Safety System Market

The maritime safety system market is expected to grow from USD 30.2  billion in 2024 to USD 47.8 billion in 2029, at a CAGR of 9.6%  during the forecast period. The maritime safety system market is driven by the need to manage complex supply chain operations, enhance sustainability in the marine industry, raise awareness about maritime safety, comply with regulatory standards, and accommodate increasing marine trade and freight transport activities.

Major Maritime Safety System Companies Include

• Honeywell (US)
• Elbit Systems (Israel)
• Raytheon Anschutz (Germany)
• Saab Group (Sweden)
• OSI Maritime Systems (Canada)
• BAE Systems (UK)
• L3Harris Technologies (US)

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Honeywell (US)

Honeywell is one of the Fortune 100 companies. It invents and manufactures technologies to address some of the world’s toughest challenges linked to energy efficiency, clean energy generation, safety and security, globalization, and customer productivity. Honeywell specializes in providing cloud-based emergency and mass notification services. The company’s maritime safety market includes various solutions, such as Honeywell Asset Tracking and Monitoring Solutions, Honeywell Search, and Rescue. The asset tracking and monitoring solution help in real-time visibility of the remote field asset’s location and provide the key operational data. The Honeywell Search and Rescue spans the entire ecosystem, from ground stations to mission control systems, to rescue coordination center systems and network infrastructure.

Elbit Systems (Israel)

Elbit Systems is a leading technology company involved in various global programs, primarily focused on defense and homeland security sectors. It specializes in the development and supply of a wide range of airborne, land, and naval systems and products for defense, homeland security, and commercial purposes. The company is a key player in military aircraft, helicopter systems, commercial aviation systems, unmanned aircraft systems, unmanned surface vessels, C4ISR, cyber systems, and more. In the maritime safety market, Elbit Systems is strongly positioned to address the design and development needs of advanced naval systems. Its areas of expertise include radar, navigation, communications, command & control, electronic warfare (EW), electronic support measures (ESM), and electronic intelligence (ELINT). This expertise allows Elbit Systems to provide comprehensive solutions, system integration, services, and long-term support to naval customers.

Raytheon Anschutz (Germany)

Anschütz, (formerly Raytheon Anschütz) is a world-leading manufacturer and provider of advanced maritime navigation and naval systems. It provides a broad range of navigational products and commands control systems for mega yachts, commercial ships, naval surface ships, and submarines. This includes state-of-the-art integrated bridge and navigation systems from the SYNAPSIS series, SYNTACS command, and control mission management systems. Its mission is to work with a team of experts around the world to ensure safety and reliability in navigation on the high seas anytime, under all conditions. It delivers high-quality navigation solutions and strong, customer-oriented services worldwide in the maritime security market. In the maritime safety market, Anschütz offers a specialized product for submarines. It offers advanced data management systems, chart tables, and navigation consoles, various single-/multi-purpose displays as well as battery monitoring, seawater sensors, and customized 3D steering controls for the submarines.

Saab Group (Sweden): 

Saab Group, a Swedish powerhouse, stands tall in the defense and aerospace industry. Their expertise spans a vast array of products and services, making them a one-stop shop for military solutions. Imagine fighter jets soaring through the sky, combat vehicles traversing rugged terrain, and advanced naval systems patrolling the oceans – that's the world of Saab Group.  They offer a complete package, including missiles and weapon systems, electronic warfare and defense solutions, and even civil security and surveillance systems. For those seeking enhanced air traffic management, Saab Group has that covered as well.

OSI Maritime Systems (Canada): 

OSI Maritime Systems (Canada) sets sail in the world of maritime technology. Their core mission is to develop and manufacture cutting-edge solutions that ensure safe and efficient navigation for vessels of all sizes.  Imagine navigating the seas with confidence, thanks to electronic charts and navigation systems (ECDIS) provided by OSI.  They don't stop there – autopilots and steering systems keep you on course, while radar and collision avoidance systems ensure a watchful eye on your surroundings. Communication is vital at sea, and OSI offers a range of GMDSS, VHF, and satellite communication systems to keep you connected.  For managing busy waterways, they provide vessel traffic management systems (VTMS).  OSI goes beyond just products; they offer integration and installation services to ensure seamless implementation of their maritime technology solutions.

BAE Systems (UK): 

BAE Systems (UK) is another titan in the defense and aerospace sector, sharing the stage with Saab Group. Their product portfolio is a testament to their expansive capabilities. Imagine fighter jets dominating the skies, alongside bombers and reliable transport aircraft.  On land, BAE Systems offers a range of armored vehicles, both tanks and lighter options.  Naval operations are well-supported with warships, submarines, and essential support vessels.  Beyond traditional warfare, BAE Systems delves into the realm of cyber security and intelligence solutions, a crucial aspect of modern defense.  Their electronic warfare and defense systems provide a shield against emerging threats.  Looking to the stars? BAE Systems even has a hand in spacecraft and satellite systems.

L3Harris Technologies (US): 

L3Harris Technologies (US) takes a broader approach, encompassing defense, aerospace, and electronic technologies.  Imagine communication systems that keep troops and civilians connected, both on land and during flight.  L3Harris Technologies tackles the challenges of night vision and electronic warfare, ensuring visibility and disruption of enemy strategies.  For complex missions, they provide integrated systems that seamlessly combine various functionalities within aircraft and ships.  Even space exploration benefits from their expertise, with astronaut training and simulation systems. L3Harris Technologies doesn't just manufacture – they provide valuable services like training, maintenance, and support, ensuring their products continue to function optimally.

Related Reports:

Maritime Safety System Market by Security Type (Port & Critical Infrastructure Security (Perimeter Security, Surveillance, Access Control), Coastal Security, Crew Security), System (Ship Security Reporting, Distress Safety) - Global Forecast to 2029

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