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Kongsberg Maritime and Saab hold a significant market share of over 24% in the maritime safety system industry. This is due to their vast product range, technological innovation, and considerable experience. These businesses offer cutting-edge tracking, navigation, and safety systems that are necessary for contemporary marine operations. They stay ahead of the curve in the development of cutting-edge technologies, such as telematics, ROVs, and LRIT systems, due to their R&D investments.
Furthermore, their ability to successfully meet a variety of market demands and regulatory requirements is attributed to their global reach and strategic alliances, which further solidifies their leading positions in the industry.
Major companies operating in the maritime safety system industry are: