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Growing Demand for Rapid Screening and Detection Systems Pushes the European Maritime Security Market, Finds Frost & Sullivan
Date:7/11/2009

LONDON, July 6 /PRNewswire/ -- Delays in cargo screening significantly extend the time of goods at port. This process could be shortened with foolproof and rapid screening and detection systems. At the same time, increased illegal immigration and smuggling augment the need for efficient access control systems in ports and entry points.

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New analysis from Frost & Sullivan (http://www.aerospace.frost.com), Maritime Security Market Assessment-European Union, finds that the market is expected to have total revenues of more than euro 240 million from 2008 to 2015. In this research, Frost & Sullivan's expert analysts examine the following markets: screening and detection systems, access control and surveillance systems in the maritime industry.

"The spiralling incidence of terrorists entering countries through sea routes has compelled governments to have a rethink on maritime security," notes Frost & Sullivan Research Analyst Mohan Kumar V V. "Government spending on maritime security is poised to rise, creating new growth opportunities for security system providers."

Biometric systems, the new standard in access control, will continue to drive maritime security markets, with combined facial and fingerprint examinations considered infallible in the detection of illegal immigrants and terrorists.

However, port facilities and ship owners, who usually fund maritime security, must be willing to invest in the costly systems. "Facilities and ship owners are reluctant to spend more on security as public funding is minimal and the cost of security-related investments is not passed on to customers, so they must bear the entire onus," explains Kumar.

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SOURCE Frost & Sullivan
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