Vessel Traffic Management Market by End-user (Commercial, Defense), Component (Equipment, Solution, Service), Investment (Brownfield, Greenfield), System, Onboard Components (Equipment, Solution), and Region (2022-2027)

Next-Gen Vessel Traffic Management Systems and Technological Advances in Maritime Traffic Management Presents a Sea of Opportunities

The Global Vessel Traffic Management Market is projected to grow from USD 5.8 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 8.4% during the forecast period.

The COVID-19 outbreak has led to several challenges for various industries such as aviation and consumer electronics. These industries faced many economic problems post the COVID-19 outbreak. Since the beginning of the outbreak, the transportation industry has been among the most severely hit sectors globally. Due to most countries imposing nationwide lockdowns and travel and transportation restrictions, the shipping industry was affected extremely. This outbreak has also put the shipping and marine industries in worse position since their workforces have been shut down for the sake of safety and preventing the spread of COVID-19.

With the support of the Maritime and Port Authority of Singapore, Fujitsu Limited, Singapore Management University (SMU), and A*STAR's Institute of High-Performance Computing (IHPC) announced their collaboration to develop innovative new technologies for vessel traffic management in the Port of Singapore (MPA). These predictive technologies will use artificial intelligence (AI) and big data analytics to help manage Singapore's port and surrounding seas, which see a lot of seaborne trade and traffic. The technologies will also be evaluated using real-world data in order to enhance congestion predictions and the detection of probable accidents and other danger hotspots before they happen at sea. The Urban Computing and Engineering Centre of Excellence (UCE CoE), a public-private collaboration comprising of the Agency for Science, Technology and Research (A*STAR), SMU, and Fujitsu, was founded in 2014 to perform research and development for these new marine technologies.

Based on component, service segment is expected to have the largest market share in 2022 as well as witness the highest CAGR growth across the forecast period. Many ports are equipping VTMS systems to make their ports more efficient and reliable. With new systems require operation and maintenance services. These factors drive the market growth.

Based on system, Port management information system is expected to grow with largest CAGR. Most ports across the world have adopted some form port management information system for the efficient and reliable working of their ports.

Research Coverage

This research report categorizes the vessel traffic management market on the basis of End User(commercial and defense), Based on component (Equipment, Solution, Services),Investment (Brownfield, Greenfield), System and Onboard Components. These segments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East, Latin America, and Africa. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the vessel traffic management market.

A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; new product launches; mergers; and partnerships, agreements, and collaborations; and recent developments associated with the sustainable aviation fuel market. In addition, the startups in vessel traffic management market ecosystem are covered in this report to provide usable insights and developments happening in the emerging market of vessel traffic management.

Major players operating in the vessel traffic management market include Kongsberg Gruppen (Norway), Saab SA (Sweden), Leonardo S.p.A. (Italy), Wartsila (Finland), Thales Group (France), among others. These key players offer VTMS solutions and services to different key stakeholders.

Break-up of profile of primary participants in the vessel traffic management market:

By Company Type: Tier 1 - 20%, Tier 2 - 55%, and Tier 3 - 25%
By Designation: C Level - 50%, Director Level - 25%, and Others - 25%
By Region: North America - 60%, Europe - 20%, Asia-Pacific - 10%, South America - 5%, and RoW - 5%

Reasons to Buy this Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall vessel traffic management market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on vessel traffic management market offered by the top players in the market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches, contracts, agreements, and expansion plans in the vessel traffic management market.
Market Development: Comprehensive information about lucrative markets - the report analyzes the vessel traffic management market across varied regions.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the vessel traffic management market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the vessel traffic management market.

1 Introduction

1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Market Stakeholders

2 Research Methodology

2.1 Research Data
2.2 Secondary Data
2.2.1 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Key Data From Primary Sources
2.3.2 Breakdown of Primaries
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Market Breakdown and Data Triangulation
2.6 Research Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Vessel Traffic Management Market
4.2 Vessel Traffic Management Component Market, By Equipment
4.3 Vessel Traffic Management Component Market for Equipment, By Communication
4.4 Vessel Traffic Management Component Market for Equipment, By Navigation
4.5 Vessel Traffic Management Market in Asia Pacific

5 Market Overview

5.1 Introduction
5.2 Market Segmentation
5.2.1 By Component
5.2.2 By System
5.2.3 By Investment
5.2.4 By End User
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Maritime Situational Awareness and Safety
5.3.1.2 Rising Freight Transport Activities By Sea
5.3.1.3 Increasing Investment in Port Construction and Expansion
5.3.2 Restraints
5.3.2.1 High Cost of the VTM Equipment and Installation
5.3.3 Opportunities
5.3.3.1 Development of Integrated Solutions
5.3.3.2 Adoption of 3D VTM Systems By Port Authorities
5.3.4 Challenges
5.3.4.1 Hardware Failures and Software Errors in VTM Systems
5.3.4.2 Time Consuming Process and Delay in Approvals for Port Construction Projects

6 Industry Trends

6.1 Introduction
6.2 Future VTMs Roadmap
6.3 Technology Trends
6.3.1 Global Navigation Satellite Systems (GNSS)
6.3.2 Artificial Intelligence
6.3.3 Big Data Analytics
6.3.4 Internet of Things (IoT)
6.3.5 Drones in the Maritime Industry
6.3.6 Augmented Reality
6.3.7 E-Navigation
6.3.8 Long Range Tracking and Identification (LRIT)
6.3.9 Search for Unidentified Marine Objects(SUMO)
6.3.10 Data Fusion Techniques
6.3.11 Imaging System for Immersive Surveillance
6.4 Inovation & Patent Registration, 2006-2014

7 Vessel Traffic Management Market, By Component

7.1 Introduction
7.2 Component
7.2.1 Equipment
7.2.1.1 Communication
7.2.1.1.1 VHF Communication Systems
7.2.1.1.2 RF Communications
7.2.1.1.3 Microwave and Network
7.2.1.1.4 HMI (Human Machine Interface)
7.2.1.1.5 Servers
7.2.1.2 Navigation
7.2.1.2.1 Automatic Identification System (AIS) Receivers and Base Stations
7.2.1.2.2 Direction Finders
7.2.1.2.3 Radars
7.2.1.2.3.1 X-Band
7.2.1.2.3.2 S-Band
7.2.1.3 Surveillance & Monitoring
7.2.1.3.1 Unmanned Aerial Vehicles (UAV)
7.2.1.3.2 CCTV Surveillance Camera
7.2.1.3.3 Sensors
7.2.1.3.3.1 Meteorological Sensors
7.2.1.3.3.2 Multi Tracking Sensors
7.2.2 Solution
7.2.2.1 Sensor Integrator
7.2.2.2 Routing Monitor
7.2.2.3 Multi-Sensor Tracker
7.2.2.4 Electronic Navigation Chart
7.2.3 Service
7.2.3.1 Maintenance Service
7.2.3.2 Operation Service
7.2.3.2.1 Information Service (INS)
7.2.3.2.2 Traffic Organization Service (TOS)
7.2.3.2.3 Navigational Advice and Assistance Service (NAS)

8 Vessel Traffic Management Market, By System

8.1 Introduction
8.2 Port Management Information System (PMIS)
8.3 Global Maritime Distress Safety System (GMDSS)
8.4 River Information System (RIS)
8.5 Aids to Navigation (ATON) Management & Health Monitoring System
8.6 Others

9 Vessel Traffic Management Market, By Investment

9.1 Introduction
9.2 Greenfield
9.3 Brownfield

10 Vessel Traffic Management Market, By End User

10.1 Introduction
10.2 Commercial Sector
10.2.1 Port & Harbor
10.2.2 Inland Port
10.2.3 Fishing Port
10.2.4 Offshore
10.3 Defense Sector

11 Regional Analysis

11.1 Introduction
11.2 Asia Pacific
11.2.1 China
11.2.2 India
11.2.3 Malaysia
11.2.4 Singapore
11.2.5 Philippines
11.2.6 Indonesia
11.2.7 South Korea
11.2.8 Australia
11.2.9 Rest of Asia Pacific
11.3 North America
11.3.1 US
11.3.2 Canada
11.4 Europe
11.4.1 UK
11.4.2 Norway
11.4.3 Sweden
11.4.4 Denmark
11.4.5 Turkey
11.4.6 France
11.4.7 Rest of Europe
11.5 Middle East
11.5.1 Saudi Arabia
11.5.2 UAE
11.5.3 Qatar
11.5.4 Rest of Middle East
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Colombia
11.6.4 Rest of Latin America
11.7 Africa
11.7.1 South Africa
11.7.2 Ghana
11.7.3 Egypt
11.7.4 Namibia
11.7.5 Algeria
11.7.6 Rest of Africa

12 Competitive Landscape

12.1 Overview
12.2 Market Share Analysis: 2016
12.3 Competitive Scenario
12.3.1 New Product Launches
12.3.2 Contracts
12.3.3 Partnerships, Agreements, and Collaborations
12.3.4 Expansions & Acquisitions

13 Company Profile

(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 Kongsberg Gruppen
13.2 Transas
13.3 Thales Group
13.4 Leonardo
13.5 Saab
13.6 Indra Sistemas
13.7 Rolta India
13.8 Tokyo Keiki
13.9 Kelvin Hughes
13.10 L3 Technologies
13.11 Signalis
13.12 Frequentis
13.13 Japan Radio
13.14 Terma
13.15 Vissim
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix

14.1 Discussion Guide
14.2 Knowledge Store: Subscription Portal
14.3 Introducing RT: Real Time Market Intelligence
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

List of Tables (251 Tables)

Table 1 Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 2 Vessel Traffic Management Market Size, By Equipment, 2016-2023 (USD Million)
Table 3 Vessel Traffic Mamagement Equipment Market Size, By Communication Subsegment, 2016-2023 (USD Million)
Table 4 Vessel Traffic Management Equipment Market Size, By Navigation Subsegment, 2016-2023 (USD Million)
Table 5 Vessel Traffic Management Equipment Market Size, By Radar, 2016-2023 (USD Million)
Table 6 Vessel Traffic Mamagement Equipment Market Size, By Surveilance &Monitoring Subsegment, 2016-2023 (USD Million)
Table 7 Vessel Traffic Management Equipment Market Size, By Sensors, 2016-2023 (USD Million)
Table 8 Vessel Traffic Management Market Size, By Solution, 2016-2023 (USD Million)
Table 9 Vessel Traffic Management Market Size, By Service, 2016-2023 (USD Million)
Table 10 Vessel Traffic Management Equipment Market Size, By Sensors, 2016-2023 (USD Million)
Table 11 Vessel Traffic Management Market Size, By System, 2016-2023 (USD Million)
Table 12 Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 13 Vessel Traffic Management Market Size, By Greenfield, 2016-2022 (USD Million)
Table 14 Vessel Traffic Management Market Size, By Brownfield, 2016-2023 (USD Million)
Table 15 Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 16 End User Vessel Traffic Management Market Size, By Commercial Sector, 2016-2023 (USD Million)
Table 17 Vessel Traffic Management Market Size, By Region, 2016-2023 (USD Million)
Table 18 Asia Pacific: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 19 Asia Pacific: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 20 Asia Pacific: Vessel Traffic Management Component Market Size for Equipment, By Communication, 2016-2023 (USD Million)
Table 21 Asia Pacific: Vessel Traffic Management Component Market Size for Equipment, By Navigation, 2016-2023 (USD Million)
Table 22 Asia Pacific: Vessel Traffic Management Equipment Market Size for Navigation, By Radar, 2016-2023 (USD Million)
Table 23 Asia Pacific: Vessel Traffic Management Component Market Size for Equipment, By Surveillance & Monitoring, 2016-2023 (USD Million)
Table 24 Asia Pacific: Vessel Traffic Management Equipment Market Size for Surveillance & Monitoring, By Sensors, 2016-2023 (USD Million)
Table 25 Asia Pacific: Vessel Traffic Management Component Market Size, By Solution, 2016-2023 (USD Million)
Table 26 Asia Pacific: Vessel Traffic Management Component Market Size, By Service, 2016-2023 (USD Million)
Table 27 Asia Pacific: Vessel Traffic Management Component Market Size for Service, By Operation Service, 2016-2023 (USD Million)
Table 28 Asia Pacific: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 29 Asia Pacific: Vessel Traffic Management Greenfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 30 Asia Pacific: Vessel Traffic Management Brownfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 31 Asia Pacific: Vessel Traffic Management Market Size, By System, 2016-2023 (USD Million)
Table 32 Asia Pacific: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 33 Asia Pacific: Vessel Traffic Management End User Market Size, By Commercial Sector, 2016-2023 (USD Million)
Table 34 Asia Pacific: Vessel Traffic Management Market Size, By Country, 2016-2023 (USD Million)
Table 35 China: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 36 China: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 37 China: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 38 China: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 39 India: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 40 India: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 41 India: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 42 India: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 43 Malaysia: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 44 Malaysia: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 45 Malaysia: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 46 Malaysia: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 47 Singapore: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 48 Singapore: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 49 Singapore: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 50 Singapore: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 51 Philippines: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 52 Philippines: VTM Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 53 Philippines: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 54 Philippines: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 55 Indonesia: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 56 Indonesia: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 57 Indonesia: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 58 Indonesia: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 59 South Korea: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 60 South Korea: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 61 South Korea: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 62 South Korea: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 63 Australia: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 64 Australia: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 65 Australia: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 66 Australia: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 67 Rest of Asia Pacific: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 68 Rest of Asia Pacific: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 69 Rest of Asia Pacific: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 70 Rest of Asia Pacific: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 71 North America: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 72 North America: Vessel Traffic Management Component Market Size, By Equipment , 2016-2023 (USD Million)
Table 73 North America: Vessel Traffic Management Component Market Size for Equipment, By Communication, 2016-2023 (USD Million)
Table 74 North America: Vessel Traffic Management Component Market Size for Equipment, By Navigation, 2016-2023 (USD Million)
Table 75 North America: Vessel Traffic Management Equipment Market Size for Navigation, By Radar, 2016-2023 (USD Million)
Table 76 North America: Vessel Traffic Management Component Market Size for Equipment, By Surveillance & Monitoring, 2016-2023 (USD Million)
Table 77 North America: Vessel Traffic Management Equipment Market Size for Surveillance & Monitoring, By Sensors , 2016-2023 (USD Million)
Table 78 North America: Vessel Traffic Management Component Market Size, By Solution, 2016-2023 (USD Million)
Table 79 North America: Vessel Traffic Management Component Market Size, By Service, 2016-2023 (USD Million)
Table 80 North America: Vessel Traffic Management Component Market Size for Service, By Operation Service, 2016-2023 (USD Million)
Table 81 North America: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 82 North America Vessel Traffic Management Greenfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 83 North America: Vessel Traffic Management Brownfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 84 North America: Vessel Traffic Management Market Size, By System, 2016-2023 (USD Million)
Table 85 North America: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 86 North America: Vessel Traffic Management End User Market Size, By Commercial Sector, 2016-2023 (USD Million)
Table 87 North America: Vessel Traffic Management Market Size, By Country, 2016-2023 (USD Million)
Table 88 US: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 89 US: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 90 US: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 91 US: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 92 Canada: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 93 Canada: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 94 Canada: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 95 Canada: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 96 Europe: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 97 Europe: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 98 Europe: Vessel Traffic Management Component Market Size for Equipment, By Communication, 2016-2023 (USD Million)
Table 99 Europe: Vessel Traffic Management Component Market Size for Equipment, By Navigation , 2016-2023 (USD Million)
Table 100 Europe: Vessel Traffic Management Equipment Market Size for Navigation, By Radar , 2016-2023 (USD Million)
Table 101 Europe Vessel Traffic Management Component Market Size for Equipment, By Surveillance & Monitoring, 2016-2023 (USD Million)
Table 102 Europe: Vessel Traffic Management Equipment Market Size for Surveillance & Monitoring, By Sensors , 2016-2023 (USD Million)
Table 103 Europe: Vessel Traffic Management Component Market Size, By Solution, 2016-2023 (USD Million)
Table 104 Europe: Vessel Traffic Management Component Market Size, By Service, 2016-2023 (USD Million)
Table 105 Europe: Vessel Traffic Management Component Market Size for Servce, By Operation Service, 2016-2023 (USD Million)
Table 106 Europe: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 107 Europe: Vessel Traffic Management Greenfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 108 Europe: Vessel Traffic Management Brownfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 109 Europe: Vessel Traffic Management Market Size, By System, 2016-2023 (USD Million)
Table 110 Europe: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 111 Europe: Vessel Traffic Management End User Market Size, By Commercial Sector, 2016-2023 (USD Million)
Table 112 Europe: Vessel Traffic Management Market Size, By Country, 2016-2023 (USD Million)
Table 113 UK: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 114 UK: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 115 UK: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 116 UK: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 117 Norway: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 118 Norway: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 119 Norway: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 120 Norway: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 121 Sweden: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 122 Sweden: VTM Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 123 Sweden: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 124 Sweden: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 125 Denmark: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 126 Denmark: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 127 Denmark: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 128 Denmark: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 129 Turkey: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 130 Turkey: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 131 Turkey: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 132 Turkey: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 133 France: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 134 France: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 135 France: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 136 France: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 137 Rest of Europe: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 138 Rest of Europe: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 139 Rest of Europe: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 140 Rest of Europe: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 141 Middle East: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 142 Middle East: Vessel Traffic Management Equipement Market Size, By Equipment, 2016-2023 (USD Million)
Table 143 Middle East: Vessel Traffic Management Component Market Size for Equipment, By Communication, 2016-2023 (USD Million)
Table 144 Middle East: Vessel Traffic Management Component Market Size for Equipment, By Navigation, 2016-2023 (USD Million)
Table 145 Middle East: Vessel Traffic Management Equipment Market Size for Navigation, By Radar, 2016-2023 (USD Million)
Table 146 Middle East: Vessel Traffic Management Component Market Size for Equipment, By Surveillance & Monitoring, 2016-2023 (USD Million)
Table 147 Middle East: Vessel Traffic Management Equipment Market Size for Surveillance & Monitoring, By Sensors, 2016-2023 (USD Million)
Table 148 Middle East: Vessel Traffic Management Component Market Size, By Solution, 2016-2023 (USD Million)
Table 149 Middle East: Vessel Traffic Management Component Market Size, By Service, 2016-2023 (USD Million)
Table 150 Middle East: Vessel Traffic Management Component Market Size for Service, By Operation Service, 2016-2023 (USD Million)
Table 151 Middle East: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 152 Middle East: Vessel Traffic Management Greenfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 153 Middle East: Vessel Traffic Management Brownfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 154 Middle East: Vessel Traffic Management Market Size, By System, 2016-2023 (USD Million)
Table 155 Middle East: Vessel Traffic Management End User Market Size, 2016-2023 (USD Million)
Table 156 Middle East: Vessel Traffic Management End User Market Size, By Commercial Sector, 2016-2023 (USD Million)
Table 157 Middle East: Vessel Traffic Management Market Size, By Country, 2016-2023 (USD Million)
Table 158 Saudi Arabia: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 159 Saudi Arabia: VTM Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 160 Saudi Arabia.: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 161 Saudi Arabia: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 162 UAE: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 163 UAE: VTM Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 164 UAE: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 165 UAE: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 166 Qatar: Vessel Traffic Management Market Size, Component, 2016-2023 (USD Million)
Table 167 Qatar: VTM Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 168 Qatar: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 169 Qatar: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 170 Rest of Middle East: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 171 Rest of Middle East: VTM Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 172 Rest of Middle East: Vessel Traffic Management Market Size, By Investment , 2016-2023 (USD Million)
Table 173 Rest of Middle East: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 174 Latin America: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 175 Latin America: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 176 Latin America: Vessel Traffic Management Component Market Size for Equipment, By Communication, 2016-2023 (USD Million)
Table 177 Latin America: Vessel Traffic Management Component Market Size for Equipment, By Navigation, 2016-2023 (USD Million)
Table 178 Latin America: Vessel Traffic Management Equipment Market Size for Navigation, By Radar, 2016-2023 (USD Million)
Table 179 Latin America: Vessel Traffic Management Component Market Size for Equipment, By Surveillance & Monitoring, 2016-2023 (USD Million)
Table 180 Latin America: Vessel Traffic Management Equipmenr Market Size for Surveillance & Monitoring, By Sensors, 2016-2023 (USD Million)
Table 181 Latin America: Vessel Traffic Management Component Market Size, By Solution, 2016-2023 (USD Million)
Table 182 Latin America: Vessel Traffic Management Component Market Size, By Service, 2016-2023 (USD Million)
Table 183 Latin America: Vessel Traffic Management Component Market Size for Service, By Operation Service, 2016-2023 (USD Million)
Table 184 Latin America: Latin America Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 185 Latin America: Vessel Traffic Management Greenfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 186 Latin America: Vessel Traffic Management Brownfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 187 Latin America: Vessel Traffic Management Market Size, By System, 2016-2023 (USD Million)
Table 188 Latin America Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 189 Latin America: Vessel Traffic Management End User Market Size, By Commercial Sector, 2016-2023 (USD Million)
Table 190 Latin America: Vessel Traffic Management Market Size, By Country, 2016-2023 (USD Million)
Table 191 Brazil.: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 192 Brazil: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 193 Brazil: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 194 Brazil: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 195 Argentina: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 196 Argentina: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 197 Argentina: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 198 Argentina: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 199 Colombia: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 200 Colombia: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 201 Colombia: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 202 Colombia: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 203 Rest of Latin America: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 204 Rest of Latin America: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 205 Rest of Latin America: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 206 Rest of Latin America: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 207 Africa: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 208 Africa: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 209 Africa: Vessel Traffic Management Component Market Size for Equipment, By Communication 2016-2023 (USD Million)
Table 210 Africa: Vessel Traffic Management Component Market Size for Equipment, By Navigation, 2016-2023 (USD Million)
Table 211 Africa: Vessel Traffic Management Equipment Market Size for Navigation, By Radar, 2016-2023 (USD Million)
Table 212 Africa: Vessel Traffic Management Component Market Size for Equipment, By Surveillance & Monitoring, 2016-2023 (USD Million)
Table 213 Africa: Vessel Traffic Management Equipment Market Size for Surveillance & Monitoring, By Sensors, 2016-2023 (USD Million)
Table 214 Africa: Vessel Traffic Management Component Market Size, By Solution, 2016-2023 (USD Million)
Table 215 Africa: Vessel Traffic Management Component Market Size, By Service, 2016-2023 (USD Million)
Table 216 Africa: Vessel Traffic Management Component Market Size for Service, By Operation Service, 2016-2023 (USD Million)
Table 217 Africa: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 218 Africa: Vessel Traffic Management Greenfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 219 Africa: Vessel Traffic Management Brownfield Investment Market Size, By Project Type, 2016-2023 (USD Million)
Table 220 Africa: Vessel Traffic Management Market Size, By System, 2016-2023 (USD Million)
Table 221 Africa: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 222 Africa: Vessel Traffic Management End User Market Size, By Commercial Sector, 2016-2023 (USD Million)
Table 223 Africa: Vessel Traffic Management Market Size, By Country, 2016-2023 (USD Million)
Table 224 South Africa: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 225 South Africa: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 226 South Africa: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 227 South Africa: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 228 Ghana: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 229 Ghana: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 230 Ghana: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 231 Ghana: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 232 Egypt: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 233 Egypt: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 234 Egypt: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 235 Egypt: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 236 Namibia: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 237 Namibia: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 238 Namibia: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 239 Namibia: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 240 Algeria: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 241 Algeria: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 242 Algeria: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 243 Algeria: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 244 Rest of Africa: Vessel Traffic Management Market Size, By Component, 2016-2023 (USD Million)
Table 245 Rest of Africa: Vessel Traffic Management Component Market Size, By Equipment, 2016-2023 (USD Million)
Table 246 Rest of Africa: Vessel Traffic Management Market Size, By Investment, 2016-2023 (USD Million)
Table 247 Rest of Africa: Vessel Traffic Management Market Size, By End User, 2016-2023 (USD Million)
Table 248 New Product Launches, December 2013- May 2017
Table 249 Contracts, January 2013 -November 2017
Table 250 Partnerships, Agreements, and Collaboration, December 2010-November 2017
Table 251 Expansions & Acquistions, February 2013-July 2017

List of Figures (51 Figures)

Figure 1 Vessel Traffic Management (VTM) Market: Markets Covered
Figure 2 Research Process Flow
Figure 3 Vessel Traffic Management Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Assumptions of the Research Study
Figure 9 The Solution Segment to Lead Vessel Traffic Management Component Market Between 2018 and 2023 (USD Billion)
Figure 10 River Information Systemsegment to Lead Vessel Traffic Management (VTM) Systems Market Between 2018 and 2023 (USD Billion)
Figure 11 Brownfield Segment to Grow at the Highest CAGR in Vessel Traffic Management Investment Market During the Forecast Period
Figure 12 Commercial Sector Segment to Lead the Vessel Traffic Management End User Market During the Forecast Period
Figure 13 Geographic Analysis: Vessel Traffic Management (VTM) Market, 2018
Figure 14 Increase in Investments for Port Construction and Expansions Projected to Drive Market Growth From 2018 to 2023
Figure 15 The Surveillance & Monitoring Segment to Grow at the Highest CAGR During the Forecast Period
Figure 16 RF Communications to Lead the Communication Subsegment During the Forecast Period
Figure 17 AIS Receivers and Base Stations to Lead the Navigation Subsegment During the Forecast Period
Figure 18 The Solution Segment to Lead the Asia Pacific Vessel Traffic Management Component Market During the Forecast Period
Figure 19 Vessel Traffic Management Market Segmentation
Figure 20 Vessel Traffic Management Market, By Component
Figure 21 Vessel Traffic Management Market, By System
Figure 22 Vessel Traffic Management Market, By Investment
Figure 23 Vessel Traffic Management Market, By End User
Figure 24 Vessel Traffic Management Market: Drivers, Restraints, Opportunities, and Challenges
Figure 25 Shipping Accidents in Panama Canal, By Type of Vessel, 2006-2015
Figure 26 Rise in Seaborne Trade, Between 2012 and 2016
Figure 27 Global Port Construction Projects, 2016 (USD Billion)
Figure 28 Key Milestones of Technology Roadmaps
Figure 29 The Solution Segment of the VTM Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 30 The River Information System Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 31 River Information User Groups and Services
Figure 32 The Brownfield Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 33 Commercial Sector is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 34 Vessel Traffic Management (VTM) Snapshot(2018)
Figure 35 Asia Pacific: Vessel Traffic Management Market Snapshot
Figure 36 North America: Vessel Traffic Management Market Snapshot
Figure 37 Europe: Vessel Traffic Management Market Snapshot
Figure 38 Key Developments By Leading Players in the Vessel Traffic Management Market Between 2013 and 2017
Figure 39 Market Ranking of Top Players in the Vessel Traffic Management Market, 2016
Figure 40 Kongsberg Gruppen: Company Snapshot
Figure 41 Transas: Company Snapshot
Figure 42 Thales Group: Company Snapshot
Figure 43 Leonardo: Company Snapshot
Figure 44 Saab: Company Snapshot
Figure 45 Indra Sistemas: Company Snapshot
Figure 46 Rolta India: Company Snapshot
Figure 47 Tokyo Keiki.: Company Snapshot
Figure 48 L3 Technologies: Company Snapshot
Figure 49 Frequentis: Company Snapshot
Figure 50 Japan Radio: Company Snapshot
Figure 51 Terma: Company Snapshot

Companies Mentioned

A.St.I.M. S.R.L.
Elcome International LLC
Elman S.R.L.
Frequentis
Furuno
Gem Elettronica
Hensoldt
Horizonte AS
Indra Sistemas
Japan Radio Co. Ltd.
Kongsberg Gruppen
Leonardo S.P.A.
M-Nav Solutions
Marico Marine
Marlan Maritime Technologies
Saab
Scortel
Sea Surveillance AS
ST Engineering
Terma
Thales Group
Tokyo Keiki
Vissim
Wärtsilä
Xanatos Marine Ltd.

Methodology

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Table Information

Report Attribute	Details
No. of Pages	205
Published	May 2022
Forecast Period	2022 - 2027
Estimated Market Value ( USD ) in 2022	$ 5.8 Billion
Forecasted Market Value ( USD ) by 2027	$ 8.7 Billion
Compound Annual Growth Rate	8.4%
Regions Covered	Global
No. of Companies Mentioned	25

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Research Coverage

Break-up of profile of primary participants in the vessel traffic management market:

Reasons to Buy this Report

The report provides insights on the following pointers:

Table of Contents

Companies Mentioned

Methodology

Table Information

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