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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