It is a marine traffic monitoring system established by harbour or port authorities, similar to air traffic control for aircraft. Typical VTS systems use radar, closed-circuit television (CCTV), VHF radiotelephony and automatic identification system to keep track of vessel movements and provide navigational safety in a limited geographical area.
This report contains market size and forecasts of Ship Traffic Management in Global, including the following market information:
Global Ship Traffic Management Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Ship Traffic Management market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Ship Traffic Management include Kongsberg Gruppen, Transas, Thales Group, Leonardo, Saab, Indra Sistemas, Rolta India, Tokyo Keiki and Kelvin Hughes, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ship Traffic Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ship Traffic Management Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Ship Traffic Management Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
Global Ship Traffic Management Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Ship Traffic Management Market Segment Percentages, by Application, 2021 (%)
Port Management
Coastal Management
Other
Global Ship Traffic Management Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Ship Traffic Management Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ship Traffic Management revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Ship Traffic Management revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kongsberg Gruppen
Transas
Thales Group
Leonardo
Saab
Indra Sistemas
Rolta India
Tokyo Keiki
Kelvin Hughes
L3 Technologies
Signalis
Frequentis
Terma
Vissim