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The vessel traffic management system market is forecasted to grow by $ 616.4 million during 2024-2029, accelerating at a CAGR of 4.8% % during the forecast period. The report on the vessel traffic management system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising volume of maritime trade, stringent safety regulations, and increasing maritime security concerns.
The vessel traffic management system market is segmented as below:
By Component
- Hardware
- Software
- Services
By End-user
- Commercial
- Military
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the vessel traffic management system market covers the following areas:
- Vessel Traffic Management System Market sizing
- Vessel Traffic Management System Market forecast
- Vessel Traffic Management System Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Component
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global vessel traffic management system market: ARS T and TT, Frequentis AG, Indra Sistemas SA, Israel Aerospace Industries Ltd., Japan Radio Co. Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Leonardo Spa, Mesemar, Northrop Grumman Corp., Rolls Royce Holdings Plc, Rolta India Ltd., Saab AB, Singapore Technologies Engineering Ltd., SRT Marine Systems Plc, Technolution BV, Terma AS, Thales Group, Tidalis, Tokyo Keiki Inc., and Wartsila Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is new product launches."
According to the report, one of the major drivers for this market is the rising volume of maritime trade.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ARS T and TT
- Frequentis AG
- Indra Sistemas SA
- Israel Aerospace Industries Ltd.
- Japan Radio Co. Ltd.
- Kongsberg Gruppen ASA
- L3Harris Technologies Inc.
- Leonardo Spa
- Mesemar
- Northrop Grumman Corp.
- Rolls Royce Holdings Plc
- Rolta India Ltd.
- Saab AB
- Singapore Technologies Engineering Ltd.
- SRT Marine Systems Plc
- Technolution BV
- Terma AS
- Thales Group
- Tidalis
- Tokyo Keiki Inc.
- Wartsila Corp.
