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Vessel Tracking System Global Market Report 2025

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    Report

  • 175 Pages
  • July 2025
  • Region: Global
  • The Business Research Company
  • ID: 6104555
The vessel tracking system market size has grown strongly in recent years. It will grow from $2.07 billion in 2024 to $2.24 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to the expansion of global shipping and logistics networks, the increasing integration of Internet of Things (IoT) and smart sensors in maritime vessels, rising investments in the modernization of port infrastructure, a growing emphasis on environmental monitoring and emission control, and the increased use of automated and autonomous shipping systems.

The vessel tracking system market size is expected to see strong growth in the next few years. It will grow to $3.02 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to the rising demand for maritime safety and security, the growing need for real-time vessel monitoring and tracking, increasing regulatory compliance requirements in the shipping industry, and heightened concerns over piracy and maritime theft. Major trends expected in the forecast period include advancements in automatic identification system (AIS) technology, the integration of global positioning system (GPS) with vessel tracking solutions, the development of satellite-based communication technologies, progress in real-time data analytics and processing, and the emergence of cloud-based vessel tracking platforms.

The increasing maritime trade and commerce are expected to drive the growth of the vessel tracking system market in the coming years. Maritime trade and commerce involve the exchange of goods and services transported by sea between countries and regions. This growth is fueled by the expansion of global supply chains and the rising demand for efficient cross-border movement of goods. Vessel tracking systems support maritime trade and commerce by enabling real-time monitoring of vessels, improving route efficiency, and enhancing navigation safety. These systems help reduce operational risks and delays while increasing transparency and reliability in global shipping logistics. For instance, in 2024, according to the United Nations Conference on Trade and Development, global maritime trade increased by 2.4% to 12.3 billion tons in 2023, rebounding from a decline in 2022. It is projected to grow by 2% in 2024 and maintain an average annual growth rate of 2.4% through 2029. Therefore, the growth in maritime trade and commerce is contributing to the expansion of the vessel tracking system market.

Major companies in the vessel tracking system market are prioritizing the development of advanced solutions such as sensor-based tracking technologies, which integrate multiple technologies to enhance accuracy and enable real-time vessel monitoring. Sensor-based tracking uses various sensors to collect real-time data for precise detection, tracking, and monitoring of vessel movements and status. For example, in August 2022, Spire Global Inc., a US-based data and analytics company, introduced a new dark shipping detection solution that uses satellite data and advanced analytics to identify vessels that disable or manipulate their AIS transponders to conceal illicit activities. This solution offers near real-time, global vessel tracking even for ships attempting to avoid detection, thereby strengthening maritime security by aiding authorities in combating illegal fishing, sanctions evasion, and trafficking, while improving transparency and situational awareness at sea.

In April 2025, Kpler S.A., a Belgium-based data and analytics firm, acquired Spire Maritime for $241 million. Through this acquisition, Kpler aims to enhance its maritime data and analytics capabilities by incorporating Spire’s satellite-based AIS technology. This integration is expected to improve real-time vessel tracking and provide more comprehensive maritime intelligence. Spire Maritime is a US-based satellite data and analytics company that specializes in tracking and monitoring maritime vessels.

Major players in the vessel tracking system market are Raytheon Company, Thales Group, Harris Corporation, Fleet Management Limited, Wärtsilä Corporation, SAAB Group, Kongsberg Gruppen ASA, Inmarsat Global Limited, Kpler S.A., Spire Global Inc., SRT Marine Systems plc, MarineTraffic, Big Ocean Data Ltd, vesseltracker.com GmbH, CNS Systems AB, Maritime Data Systems, Echol Tech Pte Ltd., Shipfinder.co, VesselFinder Ltd., VT Explorer, and exactEarth Ltd.

North America was the largest region in the vessel tracking system market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in vessel tracking system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the vessel tracking system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A vessel tracking system is a technological solution that utilizes the Global Positioning System (GPS) and communication networks to monitor and track the real-time location and movement of ships and boats. Its primary objective is to enhance maritime safety, optimize fleet management, and support efficient navigation by delivering precise vessel positions and status updates to operators and relevant authorities.

The primary types of vessel tracking systems include the Automatic Identification System (AIS), Vessel Monitoring System (VMS), Long-Range Identification and Tracking, Vessel Traffic Management System, and others. AIS is an automated maritime tracking technology that uses ship-mounted transponders to transmit essential information such as vessel identity, location, speed, and direction. These systems consist of various components, including hardware, software, services, communication infrastructure, and data analytics. They are used in applications such as navigation, fleet management, regulatory compliance, search and rescue operations, and cargo monitoring. Key end users include commercial shipping, fishing vessels, defense and coast guard, yachting, and research vessels.

The vessel tracking system market research report is one of a series of new reports that provides vessel tracking system market statistics, including the vessel tracking system industry's global market size, regional shares, competitors with the vessel tracking system market share, detailed vessel tracking system market segments, market trends and opportunities, and any further data you may need to thrive in the vessel tracking system market. This vessel tracking system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The vessel tracking system market consists of revenues earned by entities by providing services such as real-time vessel monitoring, route optimization, fleet management, maritime safety, and regulatory compliance through automated tracking systems. The market value includes the value of related goods sold by the service provider or included within the service offering. The vessel tracking system market also includes sales of products such as automatic identification systems (AIS), global positioning system (GPS) tracking devices, radar systems, onboard communication tools, and integrated tracking software. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods, such as installation, software updates, training, and maintenance support.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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Table of Contents

1. Executive Summary2. Vessel Tracking System Market Characteristics3. Vessel Tracking System Market Trends And Strategies4. Vessel Tracking System Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Vessel Tracking System Growth Analysis And Strategic Analysis Framework
5.1. Global Vessel Tracking System PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Vessel Tracking System Market Growth Rate Analysis
5.4. Global Vessel Tracking System Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Vessel Tracking System Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Vessel Tracking System Total Addressable Market (TAM)
6. Vessel Tracking System Market Segmentation
6.1. Global Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Automatic Identification System (AIS)
  • Vessel Monitoring System (VMS)
  • Long Range Identification And Tracking
  • Vessel Traffic Management System
  • Other Types
6.2. Global Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Hardware
  • Software
  • Service
  • Communication Infrastructure
  • Data Analytics
6.3. Global Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Navigation
  • Fleet Management
  • Regulatory Compliance
  • Search And Rescue Operations
  • Cargo Monitoring
6.4. Global Vessel Tracking System Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Commercial Shipping
  • Fishing Vessels
  • Defense And Coast Guard
  • Yachting
  • Research Vessels
6.5. Global Vessel Tracking System Market, Sub-Segmentation Of Automatic Identification System, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Class A Automatic Identification System
  • Automatic Identification System Base Stations
  • Class B Automatic Identification System
6.6. Global Vessel Tracking System Market, Sub-Segmentation Of Vessel Monitoring System, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Satellite-Based Vessel Monitoring System
  • Terrestrial-Based Vessel Monitoring System
6.7. Global Vessel Tracking System Market, Sub-Segmentation Of Long Range Identification And Tracking, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Shipborne Long Range Identification And Tracking Equipment
  • Shore-Based Long Range Identification And Tracking Systems
6.8. Global Vessel Tracking System Market, Sub-Segmentation Of Vessel Traffic Management System, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Radar-Based Vessel Traffic Management System
  • Closed-Circuit Television (CCTV)-Based Vessel Traffic Management System
  • Radio Communication Vessel Traffic Management System
6.9. Global Vessel Tracking System Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Satellite Tracking Systems
  • Hybrid Tracking Systems
  • Radar Tracking Systems
7. Vessel Tracking System Market Regional And Country Analysis
7.1. Global Vessel Tracking System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Vessel Tracking System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Vessel Tracking System Market
8.1. Asia-Pacific Vessel Tracking System Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Vessel Tracking System Market
9.1. China Vessel Tracking System Market Overview
9.2. China Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Vessel Tracking System Market
10.1. India Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Vessel Tracking System Market
11.1. Japan Vessel Tracking System Market Overview
11.2. Japan Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Vessel Tracking System Market
12.1. Australia Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Vessel Tracking System Market
13.1. Indonesia Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Vessel Tracking System Market
14.1. South Korea Vessel Tracking System Market Overview
14.2. South Korea Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Vessel Tracking System Market
15.1. Western Europe Vessel Tracking System Market Overview
15.2. Western Europe Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Vessel Tracking System Market
16.1. UK Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Vessel Tracking System Market
17.1. Germany Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Vessel Tracking System Market
18.1. France Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Vessel Tracking System Market
19.1. Italy Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Vessel Tracking System Market
20.1. Spain Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Vessel Tracking System Market
21.1. Eastern Europe Vessel Tracking System Market Overview
21.2. Eastern Europe Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Vessel Tracking System Market
22.1. Russia Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Vessel Tracking System Market
23.1. North America Vessel Tracking System Market Overview
23.2. North America Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Vessel Tracking System Market
24.1. USA Vessel Tracking System Market Overview
24.2. USA Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Vessel Tracking System Market
25.1. Canada Vessel Tracking System Market Overview
25.2. Canada Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Vessel Tracking System Market
26.1. South America Vessel Tracking System Market Overview
26.2. South America Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Vessel Tracking System Market
27.1. Brazil Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Vessel Tracking System Market
28.1. Middle East Vessel Tracking System Market Overview
28.2. Middle East Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Vessel Tracking System Market
29.1. Africa Vessel Tracking System Market Overview
29.2. Africa Vessel Tracking System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Vessel Tracking System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Vessel Tracking System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Vessel Tracking System Market Competitive Landscape And Company Profiles
30.1. Vessel Tracking System Market Competitive Landscape
30.2. Vessel Tracking System Market Company Profiles
30.2.1. Raytheon Company Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Thales Group Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Harris Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Fleet Management Limited Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Wärtsilä Corporation Overview, Products and Services, Strategy and Financial Analysis
31. Vessel Tracking System Market Other Major And Innovative Companies
31.1. SAAB Group
31.2. Kongsberg Gruppen ASA
31.3. Inmarsat Global Limited
31.4. Kpler S.A.
31.5. Spire Global Inc.
31.6. SRT Marine Systems plc
31.7. MarineTraffic
31.8. Big Ocean Data Ltd
31.9. vesseltracker.com GmbH
31.10. CNS Systems AB
31.11. Maritime Data Systems
31.12. Echol Tech Pte Ltd.
31.13. Shipfinder.co
31.14. VesselFinder Ltd.
31.15. VT Explorer
32. Global Vessel Tracking System Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Vessel Tracking System Market34. Recent Developments In The Vessel Tracking System Market
35. Vessel Tracking System Market High Potential Countries, Segments and Strategies
35.1 Vessel Tracking System Market In 2029 - Countries Offering Most New Opportunities
35.2 Vessel Tracking System Market In 2029 - Segments Offering Most New Opportunities
35.3 Vessel Tracking System Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright And Disclaimer

Executive Summary

Vessel Tracking System Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on vessel tracking system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for vessel tracking system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vessel tracking system market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Automatic Identification System (AIS); Vessel Monitoring System (VMS); Long Range Identification And Tracking; Vessel Traffic Management System; Other Types
2) By Component: Hardware; Software; Service; Communication Infrastructure; Data Analytics
3) By Application: Navigation; Fleet Management; Regulatory Compliance; Search And Rescue Operations; Cargo Monitoring
4) By End Use: Commercial Shipping; Fishing Vessels; Defense And Coast Guard; Yachting; Research Vessels

Subsegments:

1) By Automatic Identification System: Class A Automatic Identification System; Automatic Identification System Base Stations; Class B Automatic Identification System
2) By Vessel Monitoring System: Satellite-Based Vessel Monitoring System; Terrestrial-Based Vessel Monitoring System
3) By Long Range Identification And Tracking: Shipborne Long Range Identification And Tracking Equipment; Shore-Based Long Range Identification And Tracking Systems
4) By Vessel Traffic Management System: Radar-Based Vessel Traffic Management System; Closed-Circuit Television (CCTV)-Based Vessel Traffic Management System; Radio Communication Vessel Traffic Management System
5) By Other Types: Satellite Tracking Systems; Hybrid Tracking Systems; Radar Tracking Systems

Key Companies Profiled: Raytheon Company; Thales Group; Harris Corporation; Fleet Management Limited; Wärtsilä Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Raytheon Company
  • Thales Group
  • Harris Corporation
  • Fleet Management Limited
  • Wärtsilä Corporation
  • SAAB Group
  • Kongsberg Gruppen ASA
  • Inmarsat Global Limited
  • Kpler S.A.
  • Spire Global Inc.
  • SRT Marine Systems plc
  • MarineTraffic
  • Big Ocean Data Ltd
  • vesseltracker.com GmbH
  • CNS Systems AB
  • Maritime Data Systems
  • Echol Tech Pte Ltd.
  • Shipfinder.co
  • VesselFinder Ltd.
  • VT Explorer
  • exactEarth Ltd.