Global Vessel Traffic Management Market Report 2024

Vessel Traffic Management Global Market Report 2024 – By System (Port Management Information System, Global Maritime Safety System, River Information System, ATON Management and Health Monitoring System, Other Systems), By Component (Solution, Service), By End User (Commercial Sector, Defense Sector) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Vessel Traffic Management Market Definition And Segments

Vessel traffic management refers to a system that enables safe and efficient traffic management in a specified maritime area. Vessel traffic management contributes to the safety of life at sea, the efficiency of navigation, and the protection of the marine environment, including adjacent shore areas, work sites, and offshore installations, from possible adverse effects of maritime traffic. Vessel traffic management systems are installed in some of the busiest waters in the world and are making a valuable contribution to safer navigation, more efficient traffic flow, and the protection of the environment.

The main types of systems in vessel traffic management are port management information systems, global maritime safety systems, river information systems, aton management and health monitoring systems, and others. The port control Port Management Information System (PMIS) is a comprehensive port automation solution that includes modules that may be set up to suit the requirements of the end customers. The different components include solutions and services that are employed in several sectors, such as the commercial sector and the defense sector.

The vessel traffic management market covered in this report is segmented –

1) By System: Port Management Information System, Global Maritime Safety System, River Information System, ATON Management and Health Monitoring System, Other Systems

2) By Component: Solution, Service

3) By End User: Commercial Sector, Defense Sector

The vessel traffic management market size has grown strongly in recent years. It will grow from $4.66 billion in 2023 to $4.98 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increase in global trade and maritime transportation, increase in vessel traffic, increase in demand for efficient port operations, increase in demand for safety and security in maritime transportation, increase in demand for environmental sustainability.

The vessel traffic management market size is expected to see strong growth in the next few years. It will grow to $6.7 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growth in the use of satellite-based communication and navigation systems, expansion of renewable energy projects at sea, impacting vessel traffic, increase in demand for digitalization in maritime transportation, growth in the use of big data analytics, surge in the adoption of autonomous vessels and unmanned systems. Major trends in the forecast period include use of data analytics for real-time decision-making, customization of traffic management solutions for specific maritime zones, collaboration between maritime authorities and technology providers, advancements in vessel traffic management technology, emphasis on cybersecurity measures for secure vessel communication.

Surging Maritime Traffic Boosts Demand For Vessel Traffic Management Solutions

The rise in maritime traffic is expected to propel the growth of the vessel traffic management market going forward. Maritime traffic refers to all commercial shipping between two or more ports or moorings, excluding recreational boats, regular ferry services, coastal fishing, and inland waterway transportation. Vessel traffic needs an efficient system to guarantee the security of both infrastructure and vessels where software is readily available to give vessel traffic management the resources they require. Ship tracking through vessel traffic systems employs AIS, radar, and video surveillance to seamlessly integrate into one software that can be handled remotely, whether it's controlling marine traffic or protecting infrastructure. For instance, according to the United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization intended to promote the interests of developing states in world trade, in 2020, 815.6 million TEUs (twenty-foot equivalent units) of containers were handled in ports worldwide. Also, 94.3 million twenty-foot equivalent units (TEUs) were handled in the main European Union (EU) ports. Therefore, the rise in marine traffic is expected to drive the demand for the vessel traffic management market.

Rise In Cargo Transportation Is Anticipated To Fuel The Vessel Traffic Management Market

An increase in cargo transportation through waterways is expected to propel the growth of the vessel traffic management market. Cargo transportation is used for transporting goods from one site to another by ship, airplane, train, or truck, mainly when employed for business or professional purposes. Vessel traffic management systems (VTMS) provide real-time information on vessel traffic and conditions, allowing operators to make informed decisions and avoid potential collisions. For instance, in September 2022, according to the European Commission, a Belgium-based intergovernmental organization, inland waterway freight transport increased by more than 3% (4 billion tone-kilometers) compared with 2020.For the same period, a similar trend can be seen in tons, with an increase of 4% (19 million tons). Therefore, an increase in cargo transportation through waterways is driving the growth of the ship rudder market.

Major companies operating in the vessel traffic management market report are Kongsberg Gruppen ASA, Wartsila Corp, Thales Group, Leonardo SPA, Saab AB, Indra Sistemas SA, Rolta India Ltd., Tokyo Keiki Power System Inc., L3harris Technologies, Signalis GmbH, Singapore Technologies Engineering Ltd., Marlan Maritime Technologies, Xanatos Marine Ltd., Vissim UK Ltd., Transas Ltd., Kelvin Hughes Limited, Frequentis AG, Lockheed Martin Corporation, Raytheon Company, Japan Radio Co. Ltd., Marimatech AS, MarineTraffic Ltd., Navis Holdings LLC, Pharos Marine Automatic Power Inc., Pole Star Space Applications Ltd., Prisma Electronics SA, Rutter Inc., SRT Marine Systems plc, Tidetech Commercial Marine Pty Ltd., VesselBot Pte. Ltd.

Government Initiatives Drive Advanced Vessel Traffic Management For Maritime Safety And Trade Efficiency

The development of advanced vessel traffic management is the key trend gaining popularity in the vessel traffic management market. Various governments across the globe are focused on developing new and advanced vessel traffic systems to safeguard marine safety for smooth trade activities. For instance, in August 2021, the government of Canada launched a system to improve trade at the port of Vancouver. The system will improve marine safety by reducing traffic, actively regulating marine traffic, and reducing noise pollution. It will increase the efficiency and dependability of the flow of commodities and safeguard the local killer whale habitat.

Cutting-Edge Port Management Information Systems For Enhanced Port Efficiency And Sustainability

Major companies operating in the vessel traffic management market are developing a port management information system to provide enhanced port efficiency and sustainability. A port management information system (PMIS) is a comprehensive software application designed to facilitate the planning and management of port operations. For instance, in April 2021, Wärtsilä, a Finland-based provider of power plants and Tanger Med, a Morocco-based port complex partnered to develop a cutting-edge Port Management Information System (PMIS) aimed at enhancing global port efficiency and supporting digitalization in the maritime sector. The collaboration aimed to transform Tanger Med into a leading smart port equipped with advanced technology for optimized vessel calls and reduced environmental impact. The PMIS will utilize modern Smart Port tools, Just-In-Time (JIT) solutions, machine learning, and AI to improve operational efficiency, safety, and environmental sustainability, reducing carbon and greenhouse gas emissions.

Leonardo Expands Presence In European Defense Electronics Market With Hensoldt Acquisition

In January 2022, Leonardo, an Italy-based company that develops multi-domain operational capabilities in the aerospace, defense, and security sectors, acquired Hensoldt for a deal amount of $ 689 million. According to Leonardo, the deal is a step towards the company's goal of establishing a presence in the European market for defense electronics. Hensoldt is a UK-based company that provides state-of-the-art radar systems for the management, safety, and security of busy shipping lanes, ports, waterways, and coastlines.

North America was the largest region in the vessel traffic management market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the vessel traffic management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the vessel traffic management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The vessel traffic management market includes revenues earned by entities by providing services such as marine traffic monitoring, E-navigation, long-range identification and tracking, automated traffic systems thinking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The vessel traffic management market research report is one of a series of new reports from The Business Research Company that provides vessel traffic management market statistics, including vessel traffic management industry global market size, regional shares, competitors with vessel traffic management market share, detailed vessel traffic management market segments, market trends, and opportunities, and any further data you may need to thrive in the vessel traffic management industry. This vessel traffic management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Vessel Traffic Management Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $4.98 billion
Revenue Forecast In 2033 $6.7 billion
Growth Rate CAGR of 7.7% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By System: Port Management Information System, Global Maritime Safety System, River Information System, ATON Management and Health Monitoring System, Other Systems
2) By Component: Solution, Service
3) By End User: Commercial Sector, Defense Sector
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Kongsberg Gruppen ASA; Wartsila Corp; Thales Group; Leonardo SPA; Saab AB; Indra Sistemas SA; Rolta India Ltd.; Tokyo Keiki Power System Inc.; L3harris Technologies; Signalis GmbH; Singapore Technologies Engineering Ltd.; Marlan Maritime Technologies; Xanatos Marine Ltd.; Vissim UK Ltd.; Transas Ltd.; Kelvin Hughes Limited; Frequentis AG; Lockheed Martin Corporation; Raytheon Company; Japan Radio Co. Ltd.; Marimatech AS; MarineTraffic Ltd.; Navis Holdings LLC; Pharos Marine Automatic Power Inc.; Pole Star Space Applications Ltd.; Prisma Electronics SA; Rutter Inc.; SRT Marine Systems plc; Tidetech Commercial Marine Pty Ltd.; VesselBot Pte. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Vessel Traffic Management Market Characteristics

    3. Vessel Traffic Management Market Trends And Strategies

    4. Vessel Traffic Management Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Vessel Traffic Management Market Size and Growth

    5.1. Global Vessel Traffic Management Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Vessel Traffic Management Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Vessel Traffic Management Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Vessel Traffic Management Market Segmentation

    6.1. Global Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Port Management Information System

    Global Maritime Safety System

    River Information System

    ATON Management and Health Monitoring System

    Other Systems

    6.2. Global Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Solution

    Service

    6.3. Global Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial Sector

    Defense Sector

    7. Vessel Traffic Management Market Regional And Country Analysis

    7.1. Global Vessel Traffic Management Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Vessel Traffic Management Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Vessel Traffic Management Market

    8.1. Asia-Pacific Vessel Traffic Management Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Vessel Traffic Management Market

    9.1. China Vessel Traffic Management Market Overview

    9.2. China Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Vessel Traffic Management Market

    10.1. India Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Vessel Traffic Management Market

    11.1. Japan Vessel Traffic Management Market Overview

    11.2. Japan Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Vessel Traffic Management Market

    12.1. Australia Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Vessel Traffic Management Market

    13.1. Indonesia Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Vessel Traffic Management Market

    14.1. South Korea Vessel Traffic Management Market Overview

    14.2. South Korea Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Vessel Traffic Management Market

    15.1. Western Europe Vessel Traffic Management Market Overview

    15.2. Western Europe Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Vessel Traffic Management Market

    16.1. UK Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Vessel Traffic Management Market

    17.1. Germany Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Vessel Traffic Management Market

    18.5. France Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Vessel Traffic Management Market

    19.9. Italy Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Vessel Traffic Management Market

    20.13. Spain Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Vessel Traffic Management Market

    21.1. Eastern Europe Vessel Traffic Management Market Overview

    21.2. Eastern Europe Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Vessel Traffic Management Market

    22.1. Russia Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Vessel Traffic Management Market

    23.1. North America Vessel Traffic Management Market Overview

    23.2. North America Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Vessel Traffic Management Market

    24.1. USA Vessel Traffic Management Market Overview

    24.2. USA Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Vessel Traffic Management Market

    25.1. Canada Vessel Traffic Management Market Overview

    25.2. Canada Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Vessel Traffic Management Market

    26.1. South America Vessel Traffic Management Market Overview

    26.2. South America Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Vessel Traffic Management Market

    27.1. Brazil Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Vessel Traffic Management Market

    28.1. Middle East Vessel Traffic Management Market Overview

    28.2. Middle East Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Vessel Traffic Management Market

    29.1. Africa Vessel Traffic Management Market Overview

    29.2. Africa Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Vessel Traffic Management Market Competitive Landscape And Company Profiles

    30.1. Vessel Traffic Management Market Competitive Landscape

    30.2. Vessel Traffic Management Market Company Profiles

    30.2.1. Kongsberg Gruppen ASA

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Wartsila Corp

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Thales Group

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Leonardo SPA

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Saab AB

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Vessel Traffic Management Market Competitive Benchmarking

    32. Global Vessel Traffic Management Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Vessel Traffic Management Market

    34. Vessel Traffic Management Market Future Outlook and Potential Analysis

    34.1 Vessel Traffic Management Market In 2028 - Countries Offering Most New Opportunities

    34.2 Vessel Traffic Management Market In 2028 - Segments Offering Most New Opportunities

    34.3 Vessel Traffic Management Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Vessel Traffic Management Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Vessel Traffic Management Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Kongsberg Gruppen ASA Financial Performance
  • Table 75: Wartsila Corp Financial Performance
  • Table 76: Thales Group Financial Performance
  • Table 77: Leonardo SPA Financial Performance
  • Table 78: Saab AB Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Vessel Traffic Management Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Vessel Traffic Management Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Vessel Traffic Management Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Vessel Traffic Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Vessel Traffic Management Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Kongsberg Gruppen ASA Financial Performance
  • Figure 75: Wartsila Corp Financial Performance
  • Figure 76: Thales Group Financial Performance
  • Figure 77: Leonardo SPA Financial Performance
  • Figure 78: Saab AB Financial Performance
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Frequently Asked Questions

What is the definition of the vessel traffic management market?

Vessel traffic management refers to a system that enables safe and efficient traffic management in a specified maritime area. Vessel traffic management contributes to the safety of life at sea, the efficiency of navigation, and the protection of the marine environment, including adjacent shore areas, work sites, and offshore installations, from possible adverse effects of maritime traffic. Vessel traffic management systems are installed in some of the busiest waters in the world and are making a valuable contribution to safer navigation, more efficient traffic flow, and the protection of the environment. For further insights on the veterinary anti-infectives market, request a sample here

How will the vessel traffic management market drivers and restraints affect the vessel traffic management market dynamics? What forces will shape the vessel traffic management industry going forward?

The vessel traffic management market major growth driver - surging maritime traffic boosts demand for vessel traffic management solutions. For further insights on the veterinary anti-infectives market, request a sample here

What is the forecast market size or the forecast market value of the vessel traffic management market ?

The vessel traffic management market size has grown strongly in recent years. It will grow from $4.66 billion in 2023 to $4.98 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increase in global trade and maritime transportation, increase in vessel traffic, increase in demand for efficient port operations, increase in demand for safety and security in maritime transportation, increase in demand for environmental sustainability. The vessel traffic management market size is expected to see strong growth in the next few years. It will grow to $6.7 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growth in the use of satellite-based communication and navigation systems, expansion of renewable energy projects at sea, impacting vessel traffic, increase in demand for digitalization in maritime transportation, growth in the use of big data analytics, surge in the adoption of autonomous vessels and unmanned systems. Major trends in the forecast period include use of data analytics for real-time decision-making, customization of traffic management solutions for specific maritime zones, collaboration between maritime authorities and technology providers, advancements in vessel traffic management technology, emphasis on cybersecurity measures for secure vessel communication. For further insights on the veterinary anti-infectives market, request a sample here

How is the vessel traffic management market segmented?

The vessel traffic management market is segmentedThe vessel traffic management market covered in this report is segmented –
1) By System: Port Management Information System, Global Maritime Safety System, River Information System, ATON Management and Health Monitoring System, Other Systems
2) By Component: Solution, Service
3) By End User: Commercial Sector, Defense SectorFor further insights on the veterinary anti-infectives market, request a sample here

Which region has the largest share of the vessel traffic management market? What are the other regions covered in the report?

North America was the largest region in the vessel traffic management market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the vessel traffic management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the veterinary anti-infectives market, request a sample here.

Who are the major players in the vessel traffic management market?

Major companies operating in the vessel traffic management market report are Kongsberg Gruppen ASA, Wartsila Corp, Thales Group, Leonardo SPA, Saab AB, Indra Sistemas SA, Rolta India Ltd., Tokyo Keiki Power System Inc., L3harris Technologies, Signalis GmbH, Singapore Technologies Engineering Ltd., Marlan Maritime Technologies, Xanatos Marine Ltd., Vissim UK Ltd., Transas Ltd., Kelvin Hughes Limited, Frequentis AG, Lockheed Martin Corporation, Raytheon Company, Japan Radio Co. Ltd., Marimatech AS, MarineTraffic Ltd., Navis Holdings LLC, Pharos Marine Automatic Power Inc., Pole Star Space Applications Ltd., Prisma Electronics SA, Rutter Inc., SRT Marine Systems plc, Tidetech Commercial Marine Pty Ltd., VesselBot Pte. Ltd. For further insights on the veterinary anti-infectives market, request a sample here.

What are the key trends in the vessel traffic management market?

Major trend in the vessel traffic management market - government initiatives drive advanced vessel traffic management for maritime safety and trade efficiency. For further insights on the veterinary anti-infectives market, request a sample here.

What are the major opportunities in the vessel traffic management market? What are the strategies for the vessel traffic management market?

For detailed insights on the major opportunities and strategies in the vessel traffic management market, request a sample here.

How does the vessel traffic management market relate to the overall economy and other similar markets?

For detailed insights on vessel traffic management market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the vessel traffic management industry?

For detailed insights on the mergers and acquisitions in the vessel traffic management industry, request a sample here.

What are the key dynamics influencing the vessel traffic management market growth? SWOT analysis of the vessel traffic management market.

For detailed insights on the key dynamics influencing the vessel traffic management market growth and SWOT analysis of the vessel traffic management industry, request a sample here.