
Middle East & Africa Collision Avoidance and Object Detection Maritime Market
No. of Pages: 102 | Report Code: BMIRE00027656 | Category: Electronics and Semiconductor
No. of Pages: 102 | Report Code: BMIRE00027656 | Category: Electronics and Semiconductor
Growing Research on Military Applications of Unmanned Surface Vehicles and Autonomous Underwater Vehicles
Unmanned surface vehicles (USVs) are boats or ships that operate on water surfaces without a crew, which necessitates collision avoidance systems, sensors, satellite links, radars, and communications suites to ensure the safety of humans in the vicinity against collisions and accidents. An autonomous underwater vehicle (AUV) is a type of unmanned vehicle that travels underwater without requiring input from an operator; it can include both autonomous and remotely operations. A rise in expenditure in the offshore oil & gas industry and growing investments from the defense sector for the deployment of AUVs in military applications are expected to bolster the demand for collision avoidance and object detection systems in the coming years. In October 2022, RTsys signed a contract with the Slovenian Navy for the supply of one COMET-MCM AUV and two NEMOSENS micro-AUVs. Moreover, in October 2022, SEABER introduced its new micro-AUV RECALL for antisubmarine warfare (ASW) training applications. Thus, with the rise in research on the military applications of USVs and AUVs is creating potential opportunities for the future growth of the collision avoidance and object detection maritime market players.
Market Overview
The collision avoidance and object detection maritime market in the MEA is further segmented into South Africa, Saudi Arabia, and the UAE. The region is expected to witness rapid commercialization and industrialization, which would also boost the growth of various sectors. The Gulf countries are economically developed, while the African countries are yet to match up to these countries' economic conditions.
Strategic insights for the Middle East & Africa Collision Avoidance and Object Detection Maritime provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Collision Avoidance and Object Detection Maritime refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Collision Avoidance and Object Detection Maritime Strategic Insights
Middle East & Africa Collision Avoidance and Object Detection Maritime Report Scope
Report Attribute
Details
Market size in 2022
US$ 31.53 Million
Market Size by 2028
US$ 43.85 Million
Global CAGR (2022 - 2028)
5.7%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Technology
By Application
By End User
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Collision Avoidance and Object Detection Maritime Regional Insights
Middle East & Africa Collision Avoidance and Object Detection Maritime Market Segmentation
The Middle East & Africa collision avoidance and object detection maritime market is segmented into by technology, application, end user, and country.
Benewake (Beijing) Co Ltd; Sea Machines Robotics Inc.; Terma AS; and Teledyne FLIR LLC are the leading companies operating in the collision avoidance and object detection maritime market in the region.
The Middle East & Africa Collision Avoidance and Object Detection Maritime Market is valued at US$ 31.53 Million in 2022, it is projected to reach US$ 43.85 Million by 2028.
As per our report Middle East & Africa Collision Avoidance and Object Detection Maritime Market, the market size is valued at US$ 31.53 Million in 2022, projecting it to reach US$ 43.85 Million by 2028. This translates to a CAGR of approximately 5.7% during the forecast period.
The Middle East & Africa Collision Avoidance and Object Detection Maritime Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Collision Avoidance and Object Detection Maritime Market report:
The Middle East & Africa Collision Avoidance and Object Detection Maritime Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Collision Avoidance and Object Detection Maritime Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Collision Avoidance and Object Detection Maritime Market value chain can benefit from the information contained in a comprehensive market report.