HOME Top Market Reports Vessel Traffic Management Market by Component (Equipment, Solution, Service), Investment (Brownfield, Greenfield), Systems (PMIS, RIS, GMDSS, Aton Management & Health Monitoring Systems), End User (Commercial, Defense), Component, Region - Global Forecast to 2023

Vessel Traffic Management Market by Component (Equipment, Solution, Service), Investment (Brownfield, Greenfield), Systems (PMIS, RIS, GMDSS, Aton Management & Health Monitoring Systems), End User (Commercial, Defense), Component, Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: February 2018
Report Code: AS 6043

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The Vessel Traffic Management (VTM) market is estimated at USD 2.81 Billion in 2017 and is projected to reach USD 4.12 Billion by 2023, at a CAGR of 7.50% from 2018 to 2023.The base year considered for the study is 2017 and the forecast period is from 2018 to 2023.

Objectives of the Study:

The report analyzes the vessel traffic management market on the basis of component, (equipment, solutions, and service). Equipment is further segmented into communication (VHF communication, RF communication, microwave & network, HMI, servers), navigation (radars, AIS, direction finders), and surveillance & monitoring (sensors, CCTV surveillance cameras, UAVs). Similarly, the solution segment is further segmented into sensor integrator, routing monitor, e-navigation, and multi sensor tracker. The service segment is further segmented into maintenance and operating service (information, traffic organization, navigation advice and assistance).

The vessel traffic management market by investment is segmented into brownfield and greenfield. Brownfield and greenfield are further segmented into public sector and private sector projects.

By systems is segmented into port management, and information systems, global maritime distress safety systems, river information systems, and AtoN management & health monitoring systems.

By end user is segmented into commercial (inland port, port & harbor, fishing port, and offshore) and defense sectors. These segments and subsegments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.

The report provides in-depth market intelligence regarding the market dynamics and major factors influencing the growth of the vessel traffic management market (drivers, opportunities, and industry-specific challenges), along with an analysis of micromarkets, with respect to individual growth trends, prospects, and their contribution to the overall market. The report also covers competitive developments, such as long-term contracts, partnerships, expansions, new product launches, agreements, and research & development activities in the vessel traffic management market, in addition to the business and corporate strategies adopted by key market players.

Research Methodology:

Market size estimation for various segments and subsegments of the vessel traffic management market was arrived at by referring to varied secondary sources, such as press releases, company annual reports, International Marine Organization (IMO), International Chamber of Shipping, International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA), white papers, publications, industry outlooks, and corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data is consolidated with detailed inputs and analysis from MarketsandMarkets, and presented in this report.

Vessel Traffic Management Market

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the vessel traffic management market comprises raw material suppliers, component manufacturers, simulator manufacturers, distributors, and end users. Some of the key players in the vessel traffic management market are Kongsberg (Norway), L3 Technologies (US), Transas (Ireland), Saab AB (Sweden), Thales (France), Rolta India (India), Japan Radio Co. Ltd. (Japan), Frequentis (Austria), TERMA (Denmark), Tokyo Keiki Inc. (Japan), Indra (Spain), Leonardo Finmeccanica(Italy), and Kelvin Hughes (UK). These players have adopted contracts, new product developments, and agreements & partnerships, as their strategies to strengthen their positions in the vessel traffic management market.

Target Audience:

  • Vessel Traffic Management (VTM) Systems Manufacturers
  • Technology Providers
  • System Integrators
  • Vessel Traffic Management (VTM) Simulation Service Providers
  • Service Providers
  • Solution Providers
  • Equipment Providers
  • Port Authorities

Scope of the Report:

This research report categorizes the vessel traffic management market into the following segments and subsegments:

  • Vessel Traffic Management Market, By Component
    • Equipment
      • Communication
        • VHF Communication System
        • RF Communication
        • Microwave and Network
        • HMI (Human Machine Interface)
        • Servers
      • Navigation
        • Radars
          • X-band
          • S-band
        • Automatic Identification System (AIS) receivers and base stations
        • Direction Finders
      • Surveillance
        • CCTV Surveillance Cameras
        • Sensors
          • Meteorological Sensors
          • Multi Tracking Sensors
        • UAVs
    • Solutions
      • Sensor Integrators
      • Routing Monitors
      • Multi Sensor Trackers
      • Electronic Navigation Charts
    • Service
      • Maintenance
      • Operating
        • Information Service
        • Traffic Organization Service
        • Navigation Advice and Assistance Service
  • Vessel Traffic Management Market, By Systems
    • Port Management Information Systems
    • Global Maritime Distress Safety Systems
    • River Information Systems
    • AtoN Management & Health Monitoring Systems
  • Vessel Traffic Management Market, By End User
    • Commercial
      • Port & Harbor
      • Inland Port
      • Offshore
      • Fishing Port
    • Defense
  • Vessel Traffic Management Market, By Investment
    • Brownfield
      • Public Sector Project
      • Private Sector Project
    • Greenfield
      • Public Sector Project
      • Private Sector Project
  • Vessel Traffic Management Market, By Region
    • North America
    • Europe
    • Asia Pacific
    • Middle East
    • Africa
    • Latin America

Customizations Available for the Report:

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of the company. The following customization options are available for the report:

  • Company Information
    • Detailed analysis and profiles of additional market players (up to five)
    • Further breakdown of the investment segment, by end user

Table of Contents

1 Introduction (Page No. - 24)
    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 (Page No. - 28)
    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 (Page No. - 37)

4 Premium Insights (Page No. - 41)
    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 (Page No. - 44)
    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 (Page No. - 53)
    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 (Page No. - 59)
    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 (Page No. - 69)
    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 (Page No. - 74)
    9.1 Introduction
    9.2 Greenfield
    9.3 Brownfield

10 Vessel Traffic Management Market, By End User (Page No. - 78)
     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 (Page No. - 83)
     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 (Page No. - 190)
     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 (Page No. - 202)
(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 (Page No. - 241)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarketsí 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

The vessel traffic management market is projected to grow from an estimated USD 2.87 Billion in 2018 and to USD 4.12 Billion by 2023, at a CAGR of 7.50% during the forecast period. This growth can be attributed to the rise in maritime situational awareness and safety. Increasing focus on port security for illegal immigration and terrorist activities is also influencing the growth of the vessel traffic management market.

Based on component, the equipment segment is estimated to lead the vessel traffic management market in 2017. Growth of this segment can be attributed to increase in the adoption of Automatic Identification Systems (AIS) and VHF communication systems CCTV surveillance cameras, Radars (X- and S-band) in ports and offshore platforms.

Based on systems, the port management information systems segment of the vessel traffic management market is estimated to lead the vessel traffic management market during the forecast period. Growth of this segment is driven by factors, such as increase in port expansions due to vessel congestions at ports.

Based on investment, the brownfield vessel traffic management segment is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to saturation of vessel movements in ports.

Based on end user, the commercial segment of the market is projected to grow at the highest CAGR during the forecast period. The increase in sea trade, rise in commercial vessel around offshore, fishery ports, and inland waterways are expected to drive the demand for commercial vessel traffic management.

Vessel Traffic Management Market

Asia Pacific is estimated to lead the vessel traffic management market in 2018 and is projected to continue to lead during the forecast period owing to the rise in port expansion and port development projects. The vessel traffic management market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period, owing to the increasing sea transport, and government involvement in coastal and port security.

High cost of the Vessel Traffic Management (VTM) equipment and installment, and maintenance on yearly basis is restraining exponential market growth.

Major companies across the globe providing vessel traffic management systems are Kongsberg Gruppen (Norway), L3 Technologies (US), Transas (Ireland), Saab AB (Sweden), Thales Group (France), Rolta India (India), Japan Radio Co. Ltd. (Japan), Frequentis (Austria), TERMA (Denmark), Tokyo Keiki Inc. (Japan), Indra Sistemas (Spain), Leonardo Finmeccanica (Italy), and Kelvin Hughes (UK). New product developments, acquisitions, and contracts are the major strategies adopted by these players to retain their positions in the market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Marine Markets on KnowledgeStore
Request Demo