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Global Vessel Traffic Management Market Present Trends, Demand Analysis,
Market Strategy, Geography and Forecast 2023

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.

Over the next five years, LPI(LP Information) projects that Vessel Traffic Management will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Vessel Traffic Management market by product type, application, key companies and key regions.

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This study considers the Vessel Traffic Management value generated from the sales of the following segments:

Vessel Traffic Management Breakdown Data by Type
Port Management Information Systems
Global Maritime Distress Safety Systems
AtoN Management and Health Monitoring Systems

Vessel Traffic Management Breakdown Data by Application
Commercial
Defense

This report also splits the market by Region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Companies Profile: The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The Top Key Manufacturers covered in this report: Kongsberg Gruppen, Transas, Thales Group, Leonardo, Saab, Indra Sistemas, Rolta India, Tokyo Keiki, Kelvin Hughes, L3 Technologies, Signalis, Frequentis, Terma, Vissim.

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

RESEARCH OBJECTIVES
• To study and analyze the global Vessel Traffic Management market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Vessel Traffic Management market by identifying its various sub segments.
• Focuses on the key global Vessel Traffic Management players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Vessel Traffic Management with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Vessel Traffic Management submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Vessel Traffic Management:
History Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vessel Traffic Management market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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