Vessel Traffic Management Market Size & Growth Analysis Report, 2021-2027

Increasing awareness of the maritime situation and increasing safety concerns, along with growing interest in port security for illegal immigration and terrorist activities, are affecting the growth of the ship traffic management market. However, the high costs associated with Vessel Traffic Management equipment, installation and maintenance are major factors impeding the Vessel Traffic Management Market growth. In addition, the increase in maritime trade, port expansion and port development projects, and the increase in defense and commercial vessels are expected to drive demand for the ship traffic management market during the forecast period.

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Company Profiles

• Frequentis AG
• Indra Sistemas, S.A.
• Kongsberg Gruppen
• Leonardo S.p.A.
• Rolta
• Saab AB
• Terma Group
• Thales Group
• Vissim AS
• Wrtsil

Vessel Traffic Management Market Segmentations

By Function

• Navigation
• Communication
• Surveillance

By Sensing Components

• Radar
• Satellite
• Automatic Identification System (AIS)
• Weather Station
• Radio Direction Finder (RDF)
• Drone
• Others

By Application

• Offshore Platform
• Ports and Coastal Traffic
• Coast Guard and Rescue
• Others

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• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Vessel Traffic Management Market Report

• What was the Vessel Traffic Management Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Vessel Traffic Management Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Vessel Traffic Management Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.