Vessel Traffic Services (VTS) is a maritime traffic monitoring system built by port or port authorities, similar to air traffic control on an aircraft. Typical VTS systems use radar, closed circuit television (CCTV), VHF cordless phones, and automatic identification systems to track vessel movements and provide navigational safety in limited geographic areas.
In the case of industrial structure analysis, the ship transportation service (VTS) industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned enterprises. The top 5 producers account for about 57.80% of the revenue market.
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By the type, the market is primarily split into
- INS and NAS
- TOS
- Others
By the application, this report covers the following segments
- Port Service
- Coastal Service
- Others
The Vessel Traffic Services (VTS) key manufacturers in this market include:
- Kongsberg
- Transas
- Lockheed Martin
- keiki
- Frequentis
- Vissim AS
- SRT
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Scope of the Report
The research study analyzes the global Vessel Traffic Services industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Vessel Traffic Services Market Report
1. What was the Vessel Traffic Services Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Vessel Traffic Services Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Vessel Traffic Services Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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