openPR Logo
Press release

Vessel Tracking Market Higher Mortality Rates by 2028

01-11-2019 03:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Global Vessel Tracking Market: Introduction

Nowadays, marine transport is the best means of transportation and travelling. Every day, thousands of containers arrive at seaports from countries all around the world. Vessel tracking helps in the collection of equipment, which enables marine and naval vessels to track, identify, and monitor a ship’s position and location. Vessel tracking plays a very important role by enabling long-range connectivity, not only between ships and the coast guards of different nations, but also with other ships. To provide better service regarding vessel tracking systems, the Internet plays a very important role in managing connectivity. There are many methods to conduct vessel tracking, and the most common method is Global Positioning System (GPS) because of its own unique feasibility. GPS has changed the way the world operates, especially when it comes to airplane, marine, and vessel tracking systems. Global positioning systems provide the fastest and most accurate methods for vessel tracking to navigate, measure speed, and determine locations. Vessel tracking is important in many ways, such as, it enables increased levels of safety and efficiency for mariners around the world.

Vessel tracking is also coupled with geographic information systems (GISs) to provide efficient management and operation of automated container placements. A vessel tracking system is used as a transmitting and receiving interference between ships and coast guards. Vessel tracking is useful as it prevents on-board collisions. Vessel tracking systems help ships to alter their routes whenever and wherever needed.

Global Vessel Tracking Market: Drivers and Challenges


As technology is transforming in a smarter ways, connected devices in vessel tracking are playing an important role by providing centralized access to multiple electronic devices, and also have a proactive approach to energy saving. The primary factor which is driving the vessel tracking market is the growing demand for efficient logistics throughout the world. The growth of the vessel tracking market is being boosted due to the rise in the number of travellers through marine transportation. The defense organisations of different nations are also using vessel tracking systems for security and other purposes. These are the primary factors which are increasing the growth of the vessel tracking market throughout the world.

Get Sample Copy of Report @


Vessel tracking is adopted by many end users to keep track of their vessels at sea. But there are some challenges which are faced by these users. In seaports or at any other crowded areas, bandwidth becomes congested with competing signals that interfere with each other. Because of this congestion, an individual vessel may show or drop off the map. Also, drop outs, noise, false locations, and identity mistakes are a few more challenges which are hindering the growth of the vessel tracking market.

Global Vessel Tracking Market: Segmentation

The vessel tracking market can be segmented into platform, end user, and region.

Segmentation of the vessel tracking market by platform:


Segmentation of the vessel tracking market on the basis of end user:

Fishing Vessels

Global Vessel Tracking Market: Competition Landscape

Key Players

A few of the participants in the vessel tracking market are Big Ocean Data, Orbcomm, Inc., S.A. Group, Echol Tech Pte Ltd., L-3 Communication Holding Ltd., Wartsila OYJ ABP, CNS Systems AB, Raytheon Company, and Harris Corporation.

Buy Full Report Now @

Global Vessel Tracking Market: Regional Overview

On the basis of geography, North America is expected to capture the largest vessel tracking market share, owing to well-developed vessel tracking software developing companies, and also due to the presence of various innovative technologies in the region. Europe and MEA are also expected to gain substantial market share due to the introduction of new technologies and applications. APAC is expected to be the fastest-growing vessel tracking market, owing to government initiatives being taken towards the improvement of technologies by emerging economies such as India and China.

The vessel tracking markets in Latin America and Japan are also expected to witness high growth rates in the coming period, due to an increase in the demand for new technologies in the transportation industry.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vessel Tracking Market Higher Mortality Rates by 2028 here

News-ID: 1491336 • Views: 96

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Vessel

Global Subsea Vessel Market Research
Global Subsea Vessel Market Research based on the Subsea Vessel industrial chain, this Global Subsea Vessel Market Research mainly elaborate the definition, types, applications and major players of Subsea Vessel market in details. Deep analysis about market status (2013-2018), enterprise competition pattern, advantages and disadvantages of enterprise Products Get sample copy of report: Table of Contents 1 Subsea Vessel Market Overview 1.1 Product Overview and Scope of Subsea Vessel 1.2 Subsea Vessel Segment
Offshore Supply Vessel Market 2018-2025 By Segmentation with Anchor Handling Tug …
The Insight Partners has announced the addition of the “Offshore Supply Vessel Market to 2025 – Global Analysis and Forecasts by Type (Anchor handling Tug Vessel (AHTV), Seismic Vessel, Platform Supply Vessel (PSV), Multi-Purpose Supply Vessel (MPSV) and Others); and Application (Shallow Water and Deep Water)” report to their offering. Offshore supply vessel are known as cargo vessels which commonly transport goods, supplies or equipment in provision of exploration or production
Offshore Support Vessel Market 2017 has announced the addition of the “Global Offshore Support Vessel Industry Market Research Report 2017-2021” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. 2017 Market Research Report on Offshore Support Vessel Industry was a professional and depth research report on Offshore Support Vessel industry that you would know the world's major regional market conditions of Offshore Support Vessel industry,
Vessel Traffic Services (VTS) Market by Manufacturers
A vessel traffic service (VTS) is a marine traffic monitoring system established by harbour or port authorities, similar to air traffic control for aircraft. Typical VTS systems use radar, closed-circuit television (CCTV), VHF radiotelephony and automatic identification system to keep track of vessel movements and provide navigational safety in a limited geographical area. Scope of the Report: This report focuses on the Vessel Traffic Services (VTS) in Asia-Pacific market, especially in China,
Global and Chinese Pipelay Vessel Market 2017
Popularly known as PLV, pipelaying ship is a maritime vessel used in the construction of subsea infrastructure. It serves to connect oil production platforms with refineries on shore. To accomplish this goal a typical pipelaying vessel carries a heavy lift crane, used to install pumps and valves, and equipment to lay pipe between subsea structures. The pipelay vessel is expected to grow at a CAGR of -10.52% from 1837.1 million USD
Global Offshore Support Vessel Market 2017-2021
An offshore supply vessel is a sea motor vessel used for transporting cargos, goods, supplies, crews, and offshore exploration and production (E&P) across oil platforms. OSVs support marine offshore drilling activities through transportation of offshore energy resources, and they also facilitate the installation process of oil rigs. They are mostly used by oil and gas companies for E&P activities. The OSVs are operated by ship owners or by companies that