Press release
Vessel Tracking System Market Report Includes Dynamics, Products, and Application 2017 - 2032
Vessel Tracking System Market
By facilitating long-distance contact with other ships as well as between ships and other countries' coast guards, vessel tracking plays a crucial role. The Internet is crucial for controlling connectivity and delivering improved service for vessel tracking systems. The most popular approach for vessel tracking is the Global Positioning System (GPS), which has its own distinct feasibility.
Geographic information systems (GISs) and vessel tracking are combined to enable effective administration and operation of automated container placements. Between ships and coast guards, a vessel tracking system is utilised as a sending and receiving interference. In order to avoid collisions with other ships, vessel tracking is useful. Systems for tracking ships enable ships to change their course whenever
Key Drivers
• In order to guarantee safe navigation, marine search & rescue, and environmental protection, shore-based vessel tracking has evolved into a common procedure for maritime authorities across a number of nations.
• The Long Range Tracking and Identification (LRIT) type vessel tracking system is a requirement of the International Convention for the Safety of Life at Sea (SOLAS) for all boats engaging in international voyages. Since its introduction in 2008, the LRIT has been embraced by the majority of nations worldwide. The vessel tracking system is used by about 8000 ships registered in Panama.
• The geographic range of the LRIT vessel tracking system is restricted to 76° latitude in both hemispheres, making it impossible to transmit precise data when travelling in polar waters.
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Global Vessel Tracking System Market: Major Players
• Wartsila OYJ ABP
• Echol Tech Pte Ltd.
• Raytheon Company
• Big Ocean Data
• VesselFinder
• VT Explorer
• L-3 Communication Holding Ltd.
• MarineTraffic
• FleetMon
• Garmin International
• myshiptracking
• Cruisemapper
• Vesseltracker
• SAAB Group
• Shipfinder.co
• Orbcomm Inc.
• CNS Systems AB
• Harris Corporation
• Genscape
Global Vessel Tracking System Market: Types
• On-Shore
• Vessel
Global Vessel Tracking System Market: Applications
• AIS
• SAR
• LRIT
Global Vessel Tracking System Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Vessel Tracking System market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report:
• How has the global Market performed so far and how will it perform in the coming years?
• What are the key regional Markets?
• What has been the impact of COVID-19 on the global Market?
• What is the breakup of the Market based on the type?
• What is the breakup of the Market based on the application?
• What is the breakup of the Market based on the manufacturing process?
• What is the breakup of the Market based on the price range?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global Market and who are the key players?
• What is the degree of competition in the industry?
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