Thursday, 01 June 2023 04:53 GMT

Global Vessel Traffic Services Sales Marketfrom 2014-2026

(MENAFN- Nxtgen Reports) In this report, the market size of Vessel Traffic Services (VTS) increased from 173.10 million USD in 2012 to 228.63 million USD in 2016 with an average growth rate of 7.20%.

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 classification of Vessel Traffic Services (VTS) includes INS and NAS, TOS and Other, and the revenue proportion of TOS in 2016 was about 58.6%.

Vessel Traffic Services (VTS) can be used for Port Service, Coastal Service and others. The most proportion of Vessel Traffic Services (VTS) was Port Service, and the sales proportion was about 68.8% in 2016.

Europe occupied about 36% of the market in 2016. It was followed by Asia-Pacific and North America, which respectively account for around 26% and 16% of the global total industry. Other countries have a smaller amount of market.

Market competition is intense. Signalis, Indra Company, Saab, Kongsberg, Transas, Lockheed Martin, keiki, Frequentis, Vissim AS, SRT are the leaders of the industry, and they hold key technologies and patents.

Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Vessel Traffic Services (VTS) for these regions, from 2014 to 2026 (forecast), covering
Southeast Asia
South America

Global Vessel Traffic Services (VTS) market competition by top manufacturers/players, with Vessel Traffic Services (VTS) sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
Indra Company
Lockheed Martin
Vissim AS
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Vessel Traffic Services (VTS) for each application, including
Port Service
Coastal Service

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