Maritime Safety System Market Size Worth USD 71.96 Billion by 2034 | CAGR: 9.19%

The maritime safety system market size is expected to reach USD 71.96 Billion by 2034, according to a new study by Polaris Market Research. The report “Maritime Safety System Market Share, Size, Trends, Industry Analysis Report: By Offering (Solutions, Services), By Security Type, By System, By Application, By End User, and By Region; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The maritime safety system market is growing due to governments, port authorities, and private fleet operators rapidly invest in tools that improve vessel tracking, emergency response, and communication. Rising global trade, evolving maritime safety regulations, and modernization of smart port infrastructure are boosting the deployment of maritime safety systems across commercial, defense, and offshore shipping environments.

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Market growth is driven by the expansion of global fleet sizes, the need for real-time location systems, and the integration of smart technologies into port and vessel operations. Safety platforms equipped with long-range tracking, automated identification systems, and satellite-based distress alerts are increasingly adopted to ensure regulatory compliance, minimize incidents, and enhance operational reliability.

Top of FormMaritime Safety System Market Report Highlights

• Based on offering, the services category is anticipated to experience accelerated growth during the forecast period, driven by increasing demand for ongoing system maintenance, technological upgrades, and remote technical support capabilities.
• Based on system, the automatic identification systems (AIS) segment held the dominant market position in 2024, primarily due to its critical role in vessel tracking operations and maritime traffic control management across global shipping routes.
• Asia Pacific's maritime safety system industry captured the largest worldwide market share in 2024, supported by robust regional trade activities and significant capital investments in port infrastructure modernization projects.
• North America maintained a significant market share in 2024, attributable to its advanced maritime infrastructure and rigorous implementation of international safety regulations.
• A few global key market players include Saab AB, Kongsberg Gruppen, Raytheon Technologies Corporation, Northrop Grumman Corporation, Thales Group, Japan Radio Co., Ltd., Furuno Electric Co., Ltd., Honeywell International Inc., Leonardo S.p.A., ORBCOMM Inc., Wärtsilä Corporation, and OSI Maritime Systems Ltd.

Polaris Market Research has segmented the market report on the basis of offering, security type, system, application, end user, and region:

By Offering Outlook (Revenue, USD Billion, 2020–2034)

• Solutions
• Services
  • Professional Service
  • Managed Service
    • Training and Education
    • Support and Maintenance

By Security Type Outlook (Revenue, USD Billion, 2020–2034)

• Port & Critical Infrastructure Security
• Coastal Security
• Vessel Security
• Crew Security
• Cargoes and Containers Safety
• Ship system and equipment (SSE) Safety
• Other Security Types

By System Type Outlook (Revenue, USD Billion, 2020–2034)

• Ship Security Reporting System
• Automatic Identification System (AIS)
• Global Maritime Distress Safety System (GMDSS)
• Long Range Tracking and Identification (LRIT) System
• Vessel Monitoring and Management System
• Other Systems

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Loss prevention &detection
• Security & Safety Management
• Counter piracy
• Monitoring & Tracking
• Environment Protection
• Search & Rescue
• Communication Management
• Other Applications

By End User Outlook (Revenue, USD Billion, 2020–2034)

• Government & Defense
• Marine & Construction
• Oil & Gas
• Shipping & Transportation
  • Shipping Companies
  • Ship Crews
  • Passengers & Cargo Owners

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America