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Vessel Traffic Management System Market 2017 Global Industry: Market Trends, Share, Size & 2023 Forecast Report

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Global Vessel Traffic Management System Market Research Report, by Component (Hardware, Solutions, and Service), by Systems (Port Management Information Systems, Global Maritime Distress Safety System, and Others), and by End-users - Forecast till 2023 – PowerPoint PPT presentation

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Title: Vessel Traffic Management System Market 2017 Global Industry: Market Trends, Share, Size & 2023 Forecast Report


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Vessel Traffic Management System Market Research
Report- Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Vessel Traffic Management System Market Research
Report- Forecast 2023
Vessel Traffic Management System Market Research
Report- Forecast 2023
  • In the process to enhance and safeguard maritime
    transport, marine environment, and sea borders,
    it is essential to implement advance information
    and communication technologies. Advance
    technologies aid in the gathering, storing,
    processing, presenting, and segregating essential
    data involved in maritime transport. This
    integration process is executed by the system
    known as Vessel Traffic Management System (VTMS).
  • The Vessel Traffic Management System Market
    system is open, flexible, and contains modular
    architecture, which gives a scope to upgrade the
    system by utilizing computer and communication
    systems. The VTMIS system is evolved on the basis
    of client-server architecture, where the server
    offers services to clients who are disconnected
    from the server. The client and server are
    independent of each other.

3
Vessel Traffic Management System Market Research
Report- Forecast 2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of
Vessel Traffic Management System Market Research
Report- Forecast 2023
  • Additionally, the VTMS is comprised of various
    information system, which is integrated,
    processed, and correlated with each other.
    Various information system include radars,
    automatic identification system, direction
    finders, port management information system,
    electro-optical systems, and surveillance
    networks sharing radar and AIS data. These system
    requires frequent solutions and services to
    remain operative in maritime transports.
  • The European region contains some of the key
    players, namely Frequentis (Austria), TERMA
    (Denmark), Kongsberg (Norway), Transas (Ireland),
    Saab AB (Sweden), and Thales (France), who are
    constantly involved in providing solution to VTMS
    market. Increase in awareness of installing VTMS
    systems at ports in order to keep high
    surveillance and decreased illegal immigration,
    crimes such as smuggling, and terrorist
    activities are expected to gain popularity
    through the forecast period.
  • The global Vessel Traffic Management System
    Market is expected to reach approximately USD 3.4
    billion by 2023 growing at an 8 CAGR over the
    forecast period 2017-2023

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Vessel Traffic Management System Market Research
Report- Forecast 2023
Regional Analysis
  • Geographically, the Vessel Traffic Management
    System is segmented into four different regions
    namely North America, Asia Pacific, Europe, and
    the Rest of the World.
  • Europe is also expected to have a substantial
    growth in the market. The United Kingdom, France,
    Italy, and Germany are expected to be the leading
    countries in the region. This is attributed to
    the presence of large number of manufacturers in
    the region. Asia Pacific is also anticipated to
    be the fastest growing region in the vessel
    traffic management system market over the
    forecast period. India, Japan, and China are the
    leading countries in the vessel traffic
    management system market, owing to the rise in
    number of defense deals with the European market.

Browse Report _at_ https//www.marketresearchfuture.
com/reports/vessel-traffic-management-system-marke
t-5658
5
Vessel Traffic Management System Market Research
Report- Forecast 2023
Application Major Players in this Research
  • Vessel Traffic Management System Market Prominent
    Players
  • Saab AB (Sweden),
  • Thales (France),
  • Rolta India (India),
  • Frequentis (Austria),
  • TERMA (Denmark),
  • Tokyo Keiki Inc. (Japan),
  • Japan Radio Co. Ltd. (Japan),
  • Kongsberg (Norway),
  • L3 Technologies (U.S.),
  • Transas (Ireland),

Request a Sample Report _at_ https//www.marketresea
rchfuture.com/sample_request/5658
6
Vessel Traffic Management System Market Research
Report- Forecast 2023
Vessel Traffic Management System Market Segmented
on the basis of
Segment The Vessel Traffic Management System
Market is differentiated into component, system,
and end-user. By component, the vessel traffic
management system market is segregated into
hardware, solutions, and service. The hardware of
VTMS consists of sensors (which include a marine
radar sub-system and automatic identification
sub-system, communication and computer networks,
operator consoles, servers, databases, and video
walls). Solution sub-segment consists of sensor
integrators, routing monitor, multi-sensor
tracker, and electronic navigation charts.
Furthermore, services sub-segment consists of
maintenance and operating services. By systems,
the market is sub-divided into Port Management
Information
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