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Global Vessel Traffic Services (VTS) Market Research Report 2024
Synopsis
A vessel traffic service (VTS) is a marine traffic monitoring system established by harbor 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.
VTS areas often consist of defined areas of waterway including fairways, routes, anchorages and areas of special interest. All of these factors are currently monitored by a human VTS operator. The provision of active background rule based monitoring within VTS equipment will be of significant benefit to VTS, this will provide an increased level of automated surveillance of maritime traffic and support to VTS operators. Such surveillance may consist of automatic monitoring against predefined parameters of track and speed. Such monitoring may even be increased to include ‘what if’ scenarios such as UKC monitoring. If sufficient live tidal data is combined with accurate electronic charting data, it would be feasible for the vessel’s draft to be automatically monitored against the planned passage, and advance warning given of future constraints enabling early corrective action to be taken.
The global Vessel Traffic Services (VTS) market was valued at US$ 266.2 million in 2023 and is anticipated to reach US$ 363.6 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Globally, the vessel traffic services industry market concentrated as the manufacturing technology of vessel traffic services is relatively high. And some enterprises, like Signalis, Indra Company, Saab and Kongsberg and Transas, etc. are well-known for the wonderful performance of their vessel traffic services and related services, with about 62% market shares.
This report aims to provide a comprehensive presentation of the global market for Vessel Traffic Services (VTS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vessel Traffic Services (VTS).
Report Scope
The Vessel Traffic Services (VTS) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vessel Traffic Services (VTS) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vessel Traffic Services (VTS) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Signalis
Indra Company
Agilitas(Saab)
Kongsberg
Wärtsilä(Transas)
Lockheed Martin
keiki
Frequentis
Vissim AS
SRT
Furuno
GEM elettronica
Mesemar
HAVELSAN Inc
ST Engineering
ELMAN Srl
in-innovative navigation GmbH
Segment by Type
INS and NAS
TOS
Others
Segment by Application
Port Service
Coastal Service
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Vessel Traffic Services (VTS) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
A vessel traffic service (VTS) is a marine traffic monitoring system established by harbor 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.
VTS areas often consist of defined areas of waterway including fairways, routes, anchorages and areas of special interest. All of these factors are currently monitored by a human VTS operator. The provision of active background rule based monitoring within VTS equipment will be of significant benefit to VTS, this will provide an increased level of automated surveillance of maritime traffic and support to VTS operators. Such surveillance may consist of automatic monitoring against predefined parameters of track and speed. Such monitoring may even be increased to include ‘what if’ scenarios such as UKC monitoring. If sufficient live tidal data is combined with accurate electronic charting data, it would be feasible for the vessel’s draft to be automatically monitored against the planned passage, and advance warning given of future constraints enabling early corrective action to be taken.
The global Vessel Traffic Services (VTS) market was valued at US$ 266.2 million in 2023 and is anticipated to reach US$ 363.6 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Globally, the vessel traffic services industry market concentrated as the manufacturing technology of vessel traffic services is relatively high. And some enterprises, like Signalis, Indra Company, Saab and Kongsberg and Transas, etc. are well-known for the wonderful performance of their vessel traffic services and related services, with about 62% market shares.
This report aims to provide a comprehensive presentation of the global market for Vessel Traffic Services (VTS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vessel Traffic Services (VTS).
Report Scope
The Vessel Traffic Services (VTS) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vessel Traffic Services (VTS) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vessel Traffic Services (VTS) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Signalis
Indra Company
Agilitas(Saab)
Kongsberg
Wärtsilä(Transas)
Lockheed Martin
keiki
Frequentis
Vissim AS
SRT
Furuno
GEM elettronica
Mesemar
HAVELSAN Inc
ST Engineering
ELMAN Srl
in-innovative navigation GmbH
Segment by Type
INS and NAS
TOS
Others
Segment by Application
Port Service
Coastal Service
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Vessel Traffic Services (VTS) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Vessel Traffic Services (VTS) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 INS and NAS
1.2.3 TOS
1.2.4 Others
1.3 Market by Application
1.3.1 Global Vessel Traffic Services (VTS) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Port Service
1.3.3 Coastal Service
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Vessel Traffic Services (VTS) Market Perspective (2019-2030)
2.2 Vessel Traffic Services (VTS) Growth Trends by Region
2.2.1 Global Vessel Traffic Services (VTS) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Vessel Traffic Services (VTS) Historic Market Size by Region (2019-2024)
2.2.3 Vessel Traffic Services (VTS) Forecasted Market Size by Region (2025-2030)
2.3 Vessel Traffic Services (VTS) Market Dynamics
2.3.1 Vessel Traffic Services (VTS) Industry Trends
2.3.2 Vessel Traffic Services (VTS) Market Drivers
2.3.3 Vessel Traffic Services (VTS) Market Challenges
2.3.4 Vessel Traffic Services (VTS) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Vessel Traffic Services (VTS) Players by Revenue
3.1.1 Global Top Vessel Traffic Services (VTS) Players by Revenue (2019-2024)
3.1.2 Global Vessel Traffic Services (VTS) Revenue Market Share by Players (2019-2024)
3.2 Global Vessel Traffic Services (VTS) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Vessel Traffic Services (VTS) Revenue
3.4 Global Vessel Traffic Services (VTS) Market Concentration Ratio
3.4.1 Global Vessel Traffic Services (VTS) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Vessel Traffic Services (VTS) Revenue in 2023
3.5 Vessel Traffic Services (VTS) Key Players Head office and Area Served
3.6 Key Players Vessel Traffic Services (VTS) Product Solution and Service
3.7 Date of Enter into Vessel Traffic Services (VTS) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Vessel Traffic Services (VTS) Breakdown Data by Type
4.1 Global Vessel Traffic Services (VTS) Historic Market Size by Type (2019-2024)
4.2 Global Vessel Traffic Services (VTS) Forecasted Market Size by Type (2025-2030)
5 Vessel Traffic Services (VTS) Breakdown Data by Application
5.1 Global Vessel Traffic Services (VTS) Historic Market Size by Application (2019-2024)
5.2 Global Vessel Traffic Services (VTS) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Vessel Traffic Services (VTS) Market Size (2019-2030)
6.2 North America Vessel Traffic Services (VTS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Vessel Traffic Services (VTS) Market Size by Country (2019-2024)
6.4 North America Vessel Traffic Services (VTS) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Vessel Traffic Services (VTS) Market Size (2019-2030)
7.2 Europe Vessel Traffic Services (VTS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Vessel Traffic Services (VTS) Market Size by Country (2019-2024)
7.4 Europe Vessel Traffic Services (VTS) Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Vessel Traffic Services (VTS) Market Size (2019-2030)
8.2 Asia-Pacific Vessel Traffic Services (VTS) Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Vessel Traffic Services (VTS) Market Size by Region (2019-2024)
8.4 Asia-Pacific Vessel Traffic Services (VTS) Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Vessel Traffic Services (VTS) Market Size (2019-2030)
9.2 Latin America Vessel Traffic Services (VTS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Vessel Traffic Services (VTS) Market Size by Country (2019-2024)
9.4 Latin America Vessel Traffic Services (VTS) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Vessel Traffic Services (VTS) Market Size (2019-2030)
10.2 Middle East & Africa Vessel Traffic Services (VTS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Vessel Traffic Services (VTS) Market Size by Country (2019-2024)
10.4 Middle East & Africa Vessel Traffic Services (VTS) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Signalis
11.1.1 Signalis Company Detail
11.1.2 Signalis Business Overview
11.1.3 Signalis Vessel Traffic Services (VTS) Introduction
11.1.4 Signalis Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.1.5 Signalis Recent Development
11.2 Indra Company
11.2.1 Indra Company Company Detail
11.2.2 Indra Company Business Overview
11.2.3 Indra Company Vessel Traffic Services (VTS) Introduction
11.2.4 Indra Company Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.2.5 Indra Company Recent Development
11.3 Agilitas(Saab)
11.3.1 Agilitas(Saab) Company Detail
11.3.2 Agilitas(Saab) Business Overview
11.3.3 Agilitas(Saab) Vessel Traffic Services (VTS) Introduction
11.3.4 Agilitas(Saab) Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.3.5 Agilitas(Saab) Recent Development
11.4 Kongsberg
11.4.1 Kongsberg Company Detail
11.4.2 Kongsberg Business Overview
11.4.3 Kongsberg Vessel Traffic Services (VTS) Introduction
11.4.4 Kongsberg Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.4.5 Kongsberg Recent Development
11.5 Wärtsilä(Transas)
11.5.1 Wärtsilä(Transas) Company Detail
11.5.2 Wärtsilä(Transas) Business Overview
11.5.3 Wärtsilä(Transas) Vessel Traffic Services (VTS) Introduction
11.5.4 Wärtsilä(Transas) Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.5.5 Wärtsilä(Transas) Recent Development
11.6 Lockheed Martin
11.6.1 Lockheed Martin Company Detail
11.6.2 Lockheed Martin Business Overview
11.6.3 Lockheed Martin Vessel Traffic Services (VTS) Introduction
11.6.4 Lockheed Martin Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.6.5 Lockheed Martin Recent Development
11.7 keiki
11.7.1 keiki Company Detail
11.7.2 keiki Business Overview
11.7.3 keiki Vessel Traffic Services (VTS) Introduction
11.7.4 keiki Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.7.5 keiki Recent Development
11.8 Frequentis
11.8.1 Frequentis Company Detail
11.8.2 Frequentis Business Overview
11.8.3 Frequentis Vessel Traffic Services (VTS) Introduction
11.8.4 Frequentis Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.8.5 Frequentis Recent Development
11.9 Vissim AS
11.9.1 Vissim AS Company Detail
11.9.2 Vissim AS Business Overview
11.9.3 Vissim AS Vessel Traffic Services (VTS) Introduction
11.9.4 Vissim AS Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.9.5 Vissim AS Recent Development
11.10 SRT
11.10.1 SRT Company Detail
11.10.2 SRT Business Overview
11.10.3 SRT Vessel Traffic Services (VTS) Introduction
11.10.4 SRT Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.10.5 SRT Recent Development
11.11 Furuno
11.11.1 Furuno Company Detail
11.11.2 Furuno Business Overview
11.11.3 Furuno Vessel Traffic Services (VTS) Introduction
11.11.4 Furuno Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.11.5 Furuno Recent Development
11.12 GEM elettronica
11.12.1 GEM elettronica Company Detail
11.12.2 GEM elettronica Business Overview
11.12.3 GEM elettronica Vessel Traffic Services (VTS) Introduction
11.12.4 GEM elettronica Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.12.5 GEM elettronica Recent Development
11.13 Mesemar
11.13.1 Mesemar Company Detail
11.13.2 Mesemar Business Overview
11.13.3 Mesemar Vessel Traffic Services (VTS) Introduction
11.13.4 Mesemar Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.13.5 Mesemar Recent Development
11.14 HAVELSAN Inc
11.14.1 HAVELSAN Inc Company Detail
11.14.2 HAVELSAN Inc Business Overview
11.14.3 HAVELSAN Inc Vessel Traffic Services (VTS) Introduction
11.14.4 HAVELSAN Inc Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.14.5 HAVELSAN Inc Recent Development
11.15 ST Engineering
11.15.1 ST Engineering Company Detail
11.15.2 ST Engineering Business Overview
11.15.3 ST Engineering Vessel Traffic Services (VTS) Introduction
11.15.4 ST Engineering Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.15.5 ST Engineering Recent Development
11.16 ELMAN Srl
11.16.1 ELMAN Srl Company Detail
11.16.2 ELMAN Srl Business Overview
11.16.3 ELMAN Srl Vessel Traffic Services (VTS) Introduction
11.16.4 ELMAN Srl Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.16.5 ELMAN Srl Recent Development
11.17 in-innovative navigation GmbH
11.17.1 in-innovative navigation GmbH Company Detail
11.17.2 in-innovative navigation GmbH Business Overview
11.17.3 in-innovative navigation GmbH Vessel Traffic Services (VTS) Introduction
11.17.4 in-innovative navigation GmbH Revenue in Vessel Traffic Services (VTS) Business (2019-2024)
11.17.5 in-innovative navigation GmbH Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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