The Global Vessel Traffic Services (VTS) Market Growth 2019-2024 Report added by
DecisionDatabases.com gives an in depth industry analysis of the market. It
covers the costing, sales, revenue details and forecasts.
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.
With emerging economies growing faster, a strategy has been adopted
by most leading vendors in the vessel traffic services market to approach these
areas. North America will account for the highest sales in 2023, but developing
countries has the highest growth rate. Vendors recognize the importance of this
region, particularly in China, Brazil and Southeast Asia, and are working
towards penetrating this market by strengthening their sales and distribution
networks.
According to this study, over the next five years the Vessel Traffic
Services (VTS) market will register a 6.3% CAGR in terms of revenue, the global
market size will reach US$ 360 million by 2024, from US$ 260 million in 2019.
In particular, this report presents the global revenue market share of key
companies in Vessel Traffic Services (VTS) business, shared in Chapter 3.
Browse the complete Vessel Traffic Services
(VTS) market Report and TOC @ https://www.decisiondatabases.com/ip/22997-vessel-traffic-services-vts-market-analysis-report
The key manufacturers
covered in this report:
·
Signalis
·
Indra Company
·
Saab
·
Kongsberg
·
Transas
·
Lockheed Martin
·
Keiki
·
Frequentis
·
Vissim AS
·
SRT
Segmentation by product
type:
·
INS and NAS
·
TOS
Segmentation by
application:
·
Port Service
·
Coastal Service
·
Other
This report also splits the market by region:
·
Americas
·
United States
·
Canada
·
Mexico
·
Brazil
·
APAC
·
China
·
Japan
·
…….
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Report of Global Vessel Traffic Services (VTS) Market Report @
Research objectives
·
To study and analyze the global
Vessel Traffic Services (VTS) consumption (value & volume) by key
regions/countries, product type and application, history data from 2014 to
2018, and forecast to 2024.
·
To understand the structure of Vessel
Traffic Services (VTS) market by identifying its various subsegments.
·
Focuses on the key global Vessel
Traffic Services (VTS) manufacturers, to define, describe and analyze the sales
volume, value, market share, market competition landscape, SWOT analysis and
development plans in next few years.
·
To analyze the Vessel Traffic
Services (VTS) 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 consumption of Vessel
Traffic Services (VTS) 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.
Purchase the complete Global
Vessel Traffic Services (VTS) Market Research Report @
Other Reports by
DecisionDatabases.com:
Global Offshore Wind Turbine Installation Vessel Market Growth
2019-2024 @
Global Vessel MRO Market Growth 2019-2024 @
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DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
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E-Mail: sales@decisiondatabases.com
Phone: +91 9028057900
Web: www.decisiondatabases.com/
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