Egypt Maritime Safety System Market Overview, 2029

The Maritime Safety System Market in Egypt is driven by the rising need to manage complex supply chain operations and enhance sustainability across the marine industry. Increasing awareness about maritime safety, adherence to regulatory compliances and standards, and the growth in marine trade and freight transport activities further fuel the demand for advanced safety systems. These factors collectively contribute to the robust expansion and innovation within the Maritime Safety System Market. The Coronavirus disease (COVID-19) sparked a global health and economic disaster that has far-reaching consequences for maritime travel and trade. Ports, shipping, and supply chains have all been disrupted by pandemic-related restrictions in Egypt. Many sectors had difficulties in their supply chains. In Egypt market, Raw material limitations, lead-time concerns, blank ocean sailings, port closures, limited working hours at ports, equipment, workforce shortages, and transportation capacity constraints were only a few challenges. These impediments stifle commerce flows and supply chain operations and wreak havoc on transportation services. Heightened awareness and the imperative to uphold marine security have spurred the expansion of the maritime safety market in Egypt. The significant increase in global trade conducted through water routes has correspondingly heightened the demand for maritime safety solutions.

According to the research report, "Egypt Maritime Safety System Market Outlook, 2029," published by Bonafide Research, the Egypt Maritime Safety System market is anticipated to add to more than USD 100 Million by 2024–29. The maritime safety system market in Egypt is driven by factors such as the rising need to manage complex supply chain operations and increase sustainability across the marine industry, growing awareness about maritime safety, adherence to regulatory compliances and standards, and the increasing marine trade and freight transport activities. In Egypt, the market for maritime safety systems is expected to expand in the future due to the growing usage of autonomous vessels, improved cybersecurity protocols, and cutting-edge technologies like artificial intelligence, the Internet of Things, and big data analytics. Combined, environmental monitoring, enhanced communication, integration with smart ports, and regulatory compliance will increase maritime operations' sustainability, efficiency, and safety. Maritime cybersecurity involves safeguarding digital assets and networks within the maritime sector from online threats in Egypt. With the rising dependence on digital technologies in maritime operations, maritime cybersecurity plays a vital role in ensuring safety, efficiency, and protection against potential risks. These risks span from common cyber threats such as viruses and scams to more complex attacks targeting vessel systems and shore-based infrastructure. Breaches in maritime cybersecurity can result in serious consequences such as disruptions in operations, financial setbacks, environmental harm, and risks to human lives. Key players in the maritime cybersecurity market include shipping firms, port authorities, regulatory bodies, and industry associations. Effective management of maritime cybersecurity requires various strategies, including risk assessment, access control, incident response planning, and continuous staff training.

The solutions segment will be the fastest-growing segment in the market during the forecast period in Egypt. This is due to the necessity to estimate the time and cost of implementing a solution that necessitates fully managed marine safety services. The services segment is expected to hold the largest share of the Egypt market. Increased outsourcing of safety system installation and maintenance in the shipping industry has led to the domination of the services segment. Growing government initiatives to improve maritime safety is expected to increase the demand for maritime safety systems and system inspection services during the forecast period. Marine managers and vendors rely on technical support and consulting services to effectively deploy technology solutions. These services facilitate quicker and more efficient implementation, leading to optimized operations across various sectors. Managed by solution and service providers, these services are crucial for ensuring access to shared information and resources among dispersed parties within the maritime industry. Cloud platforms are particularly targeted towards ship management tasks like procurement, bunkering, crewing, training, and performance enhancement.

Ship Security Reporting System (SSRS) in Egypt market is indispensable to maritime security as it guarantees consistence with worldwide guidelines like the International Ship and Port Facility Security (ISPS) Code. SSRS includes revealing security episodes, executing safety efforts installed transports, and keeping up with security plans. It incorporates methodology for dealing with dangers like theft, furnished burglary, and other security breaks, consequently shielding vessels and their faculty. Automatic Identification System (AIS) upgrades sea safety by empowering ongoing vessel following and impact aversion. It communicates a boat's character, position, course, and speed to local vessels and shore stations, advancing situational mindfulness and diminishing the gamble of crashes in clogged waters. AIS information is likewise used for maritime traffic the executives, search and salvage tasks, and natural assurance endeavors. In Egypt, Global Maritime Distress Safety System (GMDSS) is intended to guarantee quick alarming of shore-based salvage experts if there should arise an occurrence of pain adrift. It incorporates different correspondence advances including satellite and earthbound frameworks to give trouble cautioning, coordination of search and salvage tasks, and spread of maritime safety data. Long Range Identification and Tracking (LRIT) System improves maritime space mindfulness by empowering the long-range following of vessels. It guarantees consistence with global maritime security guidelines and helps sea experts in observing vessel developments and recognizing dubious or criminal operations. Vessel Monitoring and Management System, this system monitors and manages vessel operations, safety, and security. It includes functionalities for tracking vessel location, monitoring engine performance, fuel consumption, and cargo status.

Governments and defense associations focus on maritime safety to safeguard public interests, territorial waters, and ensure homeland security in Egypt market. They put resources into cutting edge observation frameworks, order and control focuses, and correspondence organizations to screen maritime exercises, recognize dangers like theft or unlawful fishing, and answer quickly to crises. Government and Defence sectors likewise center on consistence with global sea guidelines, improving interoperability with unified powers, and keeping up with availability for sea activities. Marine and Construction, this fragment incorporates shipbuilders, maritime foundation engineers, and seaward construction organizations. Security in marine tasks is urgent for shipyards, guaranteeing specialist safety during vessel development, upkeep, and fix. Marine and Construction sectors use safety system, for example, vessel traffic the executives, hostile to impact frameworks, and crisis reaction conventions to protect staff, vessels, and offices. They likewise take on advances for primary honesty checking, risk recognizable proof, and moderation in seaward conditions to forestall mishaps and ecological effects. Oil and Gas companies work seaward stages, pipelines, and vessels for investigation, creation, and transportation of oil-based commodities. Safety systems in this sector center around forestalling oil slicks, fire discovery and concealment, faculty departure techniques, and consistence with severe ecological guidelines. They send progressed checking system, remote detecting advancements, and crisis reaction intends to alleviate gambles related with seaward activities and guarantee functional congruity. Shipping & Transport, this segment encompasses shipping companies, logistics providers, ports, and passenger transport services. Maritime safety systems for Shipping & Transport include navigation aids (like AIS), collision avoidance systems, weather forecasting, and real-time tracking of vessels. Safety measures also address crew welfare, cargo security, and compliance with maritime regulations (e.g., SOLAS) in Egypt market.



Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Maritime Safety Systems market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Component
• Solution
• Service

By Security Type
• 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
• 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

By End User
• Government & Defence
• Marine & Construction
• oil & Gases
• Shipping & Transport
• By Application
• Loss Prevention & Detection
• Security & Safety Management
• Monitoring & Tracking
• Search & Rescue
• Others

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Maritime Safety Systems industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.