Vessel Traffic Services Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Vessel Traffic Services Market size is expected to grow at an annual average of 6% during 2021-2027. Vessel traffic management is used to determine and estimate the various marine environments used to provide safety to maritime boundaries and to improve the marine environment. It is essential to implement ship traffic management to collect, store, display, process and segregate essential data related to maritime transport. Growing adoption of Automatic Identification Systems (AIS), CCTV surveillance cameras, radar (X and S-band), and VHF communication systems in port and offshore platforms is driving the growth of the ship traffic management market significantly.

The following segmentation are covered in this report:

By Component:

• Equipment
• Solutions
• Service

By Component:

• Equipment
• Solutions
• Service

Company Profile

• Frequentis AG
• Indra Sistemas, S.A.
• Kongsberg Gruppen
• Leonardo S.p.A.
• Rolta
• Saab AB
• Terma Group
• Thales Group
• Vissim AS
• Wärtsilä

Scope of the report

The research study analyses the Vessel Traffic Services Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Vessel Traffic Services Market Report

• What was the Vessel Traffic Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Vessel Traffic Services Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.