The Middle East and Africa vessel monitoring system market size is expected to grow at a CAGR of 9.90% in the forecast period of 2025-2034. The key drivers of the market include increasing efforts by governments to ensure vessel safety and security, and growing demand for long-range tracking and identification.
Key Trends in the Market
Vessel monitoring systems refer to systems that display precise geographical positions of vessels with the aid of global positioning systems to facilitate monitoring of vessels on water bodies. These systems are can be used to monitor and track different types of vessels, including fishing vessels, cargo vessels, and passenger ships and ferries.
Growing consumption of seafood in the Middle East and Africa region is increasing the demand for vessel monitoring systems for restricting and identifying any unidentified vessels from engaging in illegal fishing activities. This trend is expected to fuel the growth of the Middle East and Africa vessel monitoring system market over the forecast period.
A key trend propelling the growth of the vessel monitoring systems market in the Middle East and Africa is the increasing globalisation across various countries, resulting in heightened movement of cargo vessels. Vessel monitoring systems aid in tracking and managing the movement of heavy cargo vessels, thereby reducing the risk of collisions or accidents.
Another crucial trend positively impacting the Middle East and Africa vessel monitoring system market is integration of vessel monitoring systems with technologies such as machine learning and artificial intelligence. Such integrations improve the efficacy of search and rescue missions and reduce costs of routine patrols.
Market Segmentation
Middle East and Africa Vessel Monitoring System Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Breakup by Vessel Type
Fishing Vessel
Cargo Vessel
Service Vessel
Passenger Ships and Ferries
Others
Breakup by Application
Fisheries Management
Surveillance
Others
Breakup by Region
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Others
Market Share by Country
Nigeria is expected to witness significant growth in the Middle East and Africa vessel monitoring system market over the forecast period. This growth can be attributed to the increasing fishery activities in the country and to the rising initiatives taken by the government of Nigeria in order to prevent unregulated and illegal fishing. Increasing adoption of vessel monitoring systems in Nigeria is projected to aid fisheries management authorities in monitoring real time movements of vessels and enhance the efficacy of search and rescue missions. Additionally, utilisation of vessel management systems in Nigeria would aid in discouraging illicit maritime activities and prevent unreported, illegal, and unregulated fishing activities along the continental shelf of the country.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Middle East and Africa vessel monitoring system market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Applied Satellite Technology Ltd
Applied Satellite Technology Ltd is a satellite communications provider that was founded in 1992 and is headquartered in Great Yarmouth, United Kingdom. This communications integrator provides reliable end to end remote solutions to energy, maritime, and government sectors. Their cutting-edge services enable greater control over GSM networks and provide enhanced connectivity.
CLS Fisheries
CLS Fisheries, an innovator and pioneer in sustainable fishing management, was founded in 1990 and is headquartered in Toulouse, France. They work with administrations and fishermen, providing them with intelligent services and a wide range of fisheries compliance solutions.
ORBCOMM Inc.
ORBCOMM Inc. was founded in 1993 and is headquartered in New Jersey in the United States. They offer smart solutions for their diversified customer base spanning heavy equipment, supply chain, natural resources, transportation, warehousing and inventory, transportation, and government, among others.
Table of Contents
1 Executive Summary
1.1 Market Size 2024-2025 1.2 Market Growth 2025(F)-2034(F) 1.3 Key Demand Drivers 1.4 Key Players and Competitive Structure 1.5 Industry Best Practices 1.6 Recent Trends and Developments 1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends 2.2 Key Verticals 2.3 Key Countries 2.4 Supplier Power 2.5 Buyer Power 2.6 Key Market Opportunities and Risks 2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook 3.2 GDP Per Capita Growth 3.3 Inflation Trends 3.4 Democracy Index 3.5 Gross Public Debt Ratios 3.6 Balance of Payment (BoP) Position 3.7 Population Outlook 3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk 4.2 Business Climate
5 Middle East and Africa Vessel Monitoring System Market Analysis
5.1 Key Industry Highlights 5.2 Middle East and Africa Vessel Monitoring System Historical Market (2018-2024) 5.3 Middle East and Africa Vessel Monitoring System Market Forecast (2025-2034) 5.4 Middle East and Africa Vessel Monitoring System Market by Vessel Type 5.4.1 Fishing Vessel 5.4.1.1 Historical Trend (2018-2024) 5.4.1.2 Forecast Trend (2025-2034) 5.4.2 Cargo Vessel 5.4.2.1 Historical Trend (2018-2024) 5.4.2.2 Forecast Trend (2025-2034) 5.4.3 Service Vessel 5.4.3.1 Historical Trend (2018-2024) 5.4.3.2 Forecast Trend (2025-2034) 5.4.4 Passenger Ships and Ferries 5.4.4.1 Historical Trend (2018-2024) 5.4.4.2 Forecast Trend (2025-2034) 5.4.5 Others 5.5 Middle East and Africa Vessel Monitoring System Market by Application 5.5.1 Fisheries Management 5.5.1.1 Historical Trend (2018-2024) 5.5.1.2 Forecast Trend (2025-2034) 5.5.2 Surveillance 5.5.2.1 Historical Trend (2018-2024) 5.5.2.2 Forecast Trend (2025-2034) 5.5.3 Others 5.6 Middle East and Africa Vessel Monitoring System Market by Country 5.6.1 Saudi Arabia 5.6.2 United Arab Emirates 5.6.3 Nigeria 5.6.4 South Africa 5.6.5 Others
6 Market Dynamics
6.1 SWOT Analysis 6.1.1 Strengths 6.1.2 Weaknesses 6.1.3 Opportunities 6.1.4 Threats 6.2 Porter’s Five Forces Analysis 6.2.1 Supplier’s Power 6.2.2 Buyer’s Power 6.2.3 Threat of New Entrants 6.2.4 Degree of Rivalry 6.2.5 Threat of Substitutes 6.3 Key Indicators for Demand 6.4 Key Indicators for Price
7 Competitive Landscape
7.1 Supplier Selection 7.2 Key Global Players 7.3 Key Regional Players 7.4 Key Player Strategies 7.5 Company Profiles 7.5.1 Applied Satellite Technology Ltd 7.5.1.1 Company Overview 7.5.1.2 Product Portfolio 7.5.1.3 Demographic Reach and Achievements 7.5.1.4 Certifications 7.5.2 CLS Fisheries 7.5.2.1 Company Overview 7.5.2.2 Product Portfolio 7.5.2.3 Demographic Reach and Achievements 7.5.2.4 Certifications 7.5.3 ORBCOMM Inc. 7.5.3.1 Company Overview 7.5.3.2 Product Portfolio 7.5.3.3 Demographic Reach and Achievements 7.5.3.4 Certifications 7.5.4 Trackwell 7.5.4.1 Company Overview 7.5.4.2 Product Portfolio 7.5.4.3 Demographic Reach and Achievements 7.5.4.4 Certifications 7.5.5 Others
The Vessel Monitoring market within the Maritime industry is a system of tracking and monitoring the movements of vessels. It is used to ensure the safety of vessels, as well as to monitor their compliance with regulations. Vessel Monitoring Systems (VMS) are typically composed of a combination of hardware and software, which allow for the tracking of vessels in real-time. This data is then used to provide information on the vessel's location, speed, and other relevant information.
VMS are used by a variety of stakeholders, including governments, port authorities, and maritime operators. Governments use VMS to monitor the movements of vessels in their waters, while port authorities use it to manage traffic and ensure the safety of vessels. Maritime operators use VMS to monitor the performance of their vessels, as well as to ensure compliance with regulations.
Some of the companies in the Vessel Monitoring market include Kongsberg Maritime, Saab, Raytheon Technologies, and Furuno. Show Less Read more
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