What is the market size for the vessel traffic management system market?

The Market is expected to grow by $ 549.5 mn in 2024-2028. <a href='https://www.technavio.com/report/vessel-traffic-management-system-market-industry-analysis'>Read More</a>

What is the CAGR for the vessel traffic management system market?

4.41% CAGR with $ 549.5 mn Momentum. <a href='https://www.technavio.com/report/vessel-traffic-management-system-market-industry-analysis'>Read More</a>

What is the growth rate of the Vessel Traffic Management System Market market?

4.41% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/vessel-traffic-management-system-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Vessel Traffic Management System Market market?

APAC with 46% of the market growth. <a href='https://www.technavio.com/report/vessel-traffic-management-system-market-industry-analysis'>Read More</a>

Who are the prominent players in the Vessel Traffic Management System Market market?

Crowley Maritime Corp., Elcome International LLC, Frequentis AG, HENSOLDT AG, Indra Sistemas SA, Kongsberg Gruppen ASA, L3Harris Technologies Inc., Leonardo Spa, Marlan Maritime Technologies .... <a href='https://www.technavio.com/report/vessel-traffic-management-system-market-industry-analysis'>Read More</a>

Vessel Traffic Management System Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Germany, UK, Japan - Size and Forecast 2024-2028

Published: Jul 2024
Pages: 146
SKU: IRTNTR71502

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Vessel Traffic Management System Market Size 2024-2028

The vessel traffic management system (VTMS) market size is forecast to increase by USD 549.5 million at a CAGR of 4.41% between 2023 and 2028. The Vessel Traffic Management System (VTMS) market is experiencing significant growth due to enhanced port and harbor security and safety concerns, as well as the increase in seaborne trade. VTMS solutions employ advanced technologies such as video walls, databases, operator consoles, computer networks, communication systems, electronic navigation charts, multi-sensor trackers, routing monitors, and sensor integrators to facilitate efficient and secure vessel traffic management. These systems enable real-time monitoring of vessel positions, automatic identification, and collision avoidance, reducing the risk of smuggling and other illegal activities. However, the lack of adequate training for operators remains a challenge, requiring continuous investment in education and development to ensure optimal system utilization and effectiveness.

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Vessel Traffic Management System Market 2018 - 2022
- Historic Market Size - Data Table on Global Vessel Traffic Management System Market 2018 - 2022 ($ million)

4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)

4.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

4.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)

6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user

6.3 Commercial - Market size and forecast 2023-2028
- Chart on Commercial - Market size and forecast 2023-2028 ($ million)
- Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
- Chart on Commercial - Year-over-year growth 2023-2028 (%)
- Data Table on Commercial - Year-over-year growth 2023-2028 (%)

6.4 Military - Market size and forecast 2023-2028
- Chart on Military - Market size and forecast 2023-2028 ($ million)
- Data Table on Military - Market size and forecast 2023-2028 ($ million)
- Chart on Military - Year-over-year growth 2023-2028 (%)
- Data Table on Military - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

7 Customer Landscape

7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

8.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)

8.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)

8.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)

8.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

8.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)

8.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)

8.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)

8.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)

8.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)

8.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)

8.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview

10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

10.3 Landscape disruption
- Overview on factors of disruption

10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered

11.2 Market positioning of companies
- Matrix on companies position and classification

11.3 Elcome International LLC
- Elcome International LLC - Overview
- Elcome International LLC - Product / Service
- Elcome International LLC - Key offerings

11.4 HENSOLDT AG
- HENSOLDT AG - Overview
- HENSOLDT AG - Business segments
- HENSOLDT AG - Key news
- HENSOLDT AG - Key offerings
- HENSOLDT AG - Segment focus

11.5 Indra Sistemas SA
- Indra Sistemas SA - Overview
- Indra Sistemas SA - Business segments
- Indra Sistemas SA - Key news
- Indra Sistemas SA - Key offerings
- Indra Sistemas SA - Segment focus

11.6 Kongsberg Gruppen ASA
- Kongsberg Gruppen ASA - Overview
- Kongsberg Gruppen ASA - Business segments
- Kongsberg Gruppen ASA - Key news
- Kongsberg Gruppen ASA - Key offerings
- Kongsberg Gruppen ASA - Segment focus

11.7 Leonardo Spa
- Leonardo Spa - Overview
- Leonardo Spa - Business segments
- Leonardo Spa - Key news
- Leonardo Spa - Key offerings
- Leonardo Spa - Segment focus

11.8 Rolta India Ltd.
- Rolta India Ltd. - Overview
- Rolta India Ltd. - Product / Service
- Rolta India Ltd. - Key offerings

11.9 Saab AB
- Saab AB - Overview
- Saab AB - Business segments
- Saab AB - Key news
- Saab AB - Key offerings
- Saab AB - Segment focus

11.10 Thales Group
- Thales Group - Overview
- Thales Group - Business segments
- Thales Group - Key news
- Thales Group - Key offerings
- Thales Group - Segment focus

11.11 Tokyo Keiki Inc.
- Tokyo Keiki Inc. - Overview
- Tokyo Keiki Inc. - Product / Service
- Tokyo Keiki Inc. - Key offerings

11.12 Wartsila Corp.
- Wartsila Corp. - Overview
- Wartsila Corp. - Business segments
- Wartsila Corp. - Key news
- Wartsila Corp. - Key offerings
- Wartsila Corp. - Segment focus

12 Appendix