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North America Maritime Security Market is Expected to Reach $4.76 billion in 2019 - New Report by MicroMarket Monitor
Date:7/22/2014

(PRWEB) July 22, 2014

Marine threats from human or natural agents such as terrorists, environmental destruction, sea-borne illegal immigration, and international criminal and piracy threats have created more demand for regulated and standard maritime security systems. Due to this the worldwide revenue of the maritime market has crossed $13.93 billion in 2014 and is expected to reach $20.87 billion in 2019. The global maritime security market is expected to grow at a CAGR of 8.40%.

http://www.micromarketmonitor.com/market-report/maritime-security-reports-4395008579.html

The United States government has enhanced security measures after the 9/11 attack. The country has also improved its maritime security since then. Companies like Maersk, EADS, Safran, and Finmeccanica SpA are enabling secure international trade by water. Thus, the maritime security market is worth $3.84 billion in North America and is expected to reach $4.76 billion in 2019. The calculated CAGR for this period is 4.40%.

Browse through the market data tables, figures and detailed ToC on the “North America Maritime Security Market”.
http://www.micromarketmonitor.com/market/north-america-maritime-security-8026085687.html

Related Reports:

Europe Maritime Security Market
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