A vessel traffic service (VTS) 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.
The vessel traffic management market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period, owing to the increasing sea transport, and government involvement in coastal and port security.
In 2017, the global Vessel Traffic Management market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global Vessel Traffic Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vessel Traffic Management development in United States, Europe and China.
The key players covered in this study
Market segment by Type, the product can be split into
Port Management Information Systems
Global Maritime Distress Safety Systems
River Information Systems
AtoN Management and Health Monitoring Systems
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Vessel Traffic Management status, future forecast, growth opportunity, key market and key players.
To present the Vessel Traffic Management development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Vessel Traffic Management are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.