PUBLISHER: KBV Research | PRODUCT CODE: 1789308
PUBLISHER: KBV Research | PRODUCT CODE: 1789308
The North America Maritime Safety System Market would witness market growth of 9.1% CAGR during the forecast period (2025-2032).
The US market dominated the North America Maritime Safety System Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $13,979.1 million by 2032. The Canada market is experiencing a CAGR of 11.4% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 10.3% during (2025 - 2032).
The Maritime Safety System Market in North America has experienced noteworthy changes due to evolving rules, new technology, and enhanced inter-agency communication. The U.S. Coast Guard and Transport Canada are at the forefront and the laws such as Ports and Waterways Safety Act, and the Maritime Transportation Security Act are helping in the smooth administration. Ship traffic, rising globalization, and increasing communication in North America is driving the growth of the market. Furthermore, after the tragedy of 9/11, revisions were made and changes brought together federal, state municipal, and commercial stakeholders even more, creating an all-encompassing safety system governing U.S. and Canadian waterways.
People are paying more attention to things like digital infrastructure, cybersecurity, environmental sustainability, and better monitoring, according to new trends. The U.S. Coast Guard is working to protect against more digital threats by making its cybersecurity better and setting up a Cyber Command. Other groups, like MARAD, are working to make environmentally friendly roads and emission controls that meet international standards. Currently, Maritime Domain Knowledge platforms, AI-based monitoring, and satellite-based systems are used for vessel tracking and responding to incidents. The industry is moving toward a strong, tech-driven the environment that puts safety, security, and sustainability first. This is thanks to OEMs, research groups, and private vendors that are all trying to outdo each other.
Country Outlook
The United States is the dominant leader in the North America's marine safety system market due to its long coastline, high port activity, and high focus on the national security. The authorities such as the US Coast Guard, U.S. Department of Homeland Security (DHS), and regulations of Maritime Transportation Security Act all facilities the innovations in the safety and surveillance systems. As cyberattacks become more common and environmental issues become more important, businesses are quickly adopting new technologies like AI-powered systems. The FBI's Internet Crime Complaint Centre's 2024 Internet Crime Report says that there were 859,532 complaints about suspected internet crimes. The reported financial losses were over $16 billion, which is 33% more than in 2023. Leading ports like Los Angeles and Houston are incorporating new technologies such as IoT and drones to surveillance and manage operations. The key players in the country are Lockheed Martin and Raytheon. Rising government investments are also driving the growth of the market.
Marine safety system market in Canada is evolving due to its vast coastline, crucial commercial routes, and passage to the Artic region. Transport Canada and the Canadian Coast Guard are two of the main organization for nation's heavy investment in modern technologies such as AIS, integrated radar, and satellite-based tracking. These technologies help in safe navigation and keep all 3 Canadian ocean safe. Also, as per the Transports Canada launched in 2016, and renewed in 2022, with a total investment of $3.5 billion, the Oceans Protection Plan (OPP) is enhancing Canada's robust marine safety and environmental protection system. Furthermore, the Marine Training Program has been extended for four more years with $29.8 million in funding to help partner schools offer marine courses, make learning safe and welcoming, and increase diversity in the marine industry. These investments show Canada's commitment towards the marine safety. In addition, the rise of the marine traffic, and port security is driving the growth of the market in the country.
Based on System, the market is segmented into Automatic Identification Systems (AIS), Global Maritime Distress & Safety (GMDSS), Navigation & Surveillance Systems, Ship Security Alert Systems (SSAS), and Other System. Based on Application, the market is segmented into Port & Vessel Security, Search & Rescue, Communication & Emergency Response, Environmental & Accident Monitoring, and Other Application. Based on End Use, the market is segmented into Commercial Shipping, Naval Forces & Coast Guards, Oil & Gas (Offshore), Port Authorities, and Other End Use. Based on Component, the market is segmented into Hardware, Software, and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Maritime Safety System Market Report Segmentation
By System
By Application
By End Use
By Component
By Country