Vessel Traffic Management Market
By End-User;
Commercial Sector and Defense SectorBy Component;
Equipment, Solution and ServiceBy Investment;
Brownfield and GreenfieldBy System;
Port Management Information System, Global Maritime Safety System, River Information System, ATON Management & Health Monitoring System and OthersBy Onboard Component;
Equipment and SolutionBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Vessel Traffic Management Market Overview
Vessel Traffic Management Market (USD Million)
Vessel Traffic Management Market was valued at USD 6,759.24 million in the year 2024. The size of this market is expected to increase to USD 11,735.14 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.
Vessel Traffic Management Market
*Market size in USD million
CAGR 8.2 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 8.2 % |
| Market Size (2024) | USD 6,759.24 Million |
| Market Size (2031) | USD 11,735.14 Million |
| Market Concentration | Medium |
| Report Pages | 355 |
Major Players
- Kongsberg Gruppen
- Thales Group
- Saab AB
- Leonardo S.p.A.
- Indra Sistemas
- Wartsila Corporation
- Tokyo Keiki Inc.
- Rolta India Limited
- L3Harris Technologies
- Frequentis AG
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Vessel Traffic Management Market
Fragmented - Highly competitive market without dominant players
The Vessel Traffic Management (VTM) Market is gaining strong momentum due to the rising demand for efficient navigation and safety systems. With nearly 60% of global trade dependent on maritime transport, the importance of reliable vessel tracking and monitoring has surged. Over 45% of port authorities have already integrated advanced vessel traffic solutions to ensure collision avoidance, route optimization, and smooth port operations, fueling consistent adoption across the industry.
Digitalization Transforming Operations
The shift toward digital maritime solutions has significantly boosted the adoption of vessel traffic management systems. Around 55% of maritime organizations now use digital platforms to enhance communication, traffic coordination, and data-driven decision-making. The integration of AI, IoT, and real-time monitoring tools is further improving operational transparency, allowing for reduced downtime and optimized vessel flow.
Growing Emphasis on Efficiency
Efficiency has become a critical driver, with over 50% of shipping operators prioritizing systems that cut delays and improve turnaround time. Vessel traffic management provides streamlined operations, automated reporting, and predictive insights, which help in managing increasing vessel volumes. This has led to nearly 40% higher port efficiency levels where such systems are deployed.
Integration with Environmental Goals
Sustainability is also shaping this market, as ports and operators aim to reduce emissions and fuel consumption. Almost 48% of maritime stakeholders recognize VTM systems as essential for meeting environmental compliance and reducing idle vessel time. By supporting eco-friendly navigation and optimized routing, VTM solutions align with global efforts to create greener maritime logistics.
Innovation and Future Outlook
The market is witnessing rapid innovation, with nearly 35% of ports exploring AI-driven and cloud-based vessel traffic management platforms. Advancements in big data analytics, predictive maintenance, and integrated surveillance systems are expanding the scope of VTM. With the increasing focus on safety, efficiency, and sustainability, the market is expected to continue evolving as a cornerstone of modern maritime infrastructure.
Vessel Traffic Management Market Key Takeaways
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The Vessel Traffic Management Market is expanding steadily due to increasing maritime trade volumes, port modernization initiatives, and global emphasis on maritime safety and efficiency.
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Vessel traffic management (VTM) systems are essential for monitoring, tracking, and controlling maritime vessel movements to prevent collisions, enhance port operations, and ensure environmental compliance.
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Technological advancements in Automatic Identification Systems (AIS), radar integration, GPS-based navigation, and real-time data analytics are significantly improving situational awareness and operational efficiency.
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The incorporation of AI, machine learning, and advanced sensor fusion enables predictive analytics, autonomous navigation support, and intelligent traffic flow management in busy maritime zones.
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Challenges include high implementation costs, cybersecurity threats, and integration complexities across different maritime communication systems and international jurisdictions.
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Europe leads the global market due to strong regulatory frameworks and advanced port infrastructure, while Asia-Pacific is witnessing rapid growth fueled by increased trade activity and expanding port networks.
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Future opportunities lie in cloud-based maritime monitoring platforms, autonomous vessel traffic management, and satellite-based navigation systems that enhance safety and efficiency in global shipping operations.
Vessel Traffic Management Market Recent Developments
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In March 2025, Thales Group announced a strategic partnership with Navtor to deliver an integrated vessel traffic management solution that combines Thales' surveillance capabilities with Navtor's digital port call and routing platform. This collaboration aims to enhance maritime safety and operational efficiency through advanced technology integration.
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In May 2025, Kongsberg Gruppen acquired SRT Marine Systems, aiming to expand its portfolio in maritime surveillance and vessel traffic management services for ports and coast guards. This acquisition is expected to strengthen Kongsberg's position in the global maritime traffic management market.
Vessel Traffic Management Market Segment Analysis
In this report, the Vessel Traffic Management Market has been segmented by End-User, Component, Investment, System, Onboard Component and Geography.
Vessel Traffic Management Market, Segmentation by End-User
The End-User segmentation distinguishes between the Commercial Sector and the Defense Sector, reflecting the varying operational requirements and strategic priorities across maritime domains. The commercial sector drives large-scale adoption through port automation and safety enhancements, while the defense sector emphasizes secure navigation, real-time surveillance, and threat detection. Increasing global trade volumes and rising geopolitical tensions continue to fuel investments in advanced traffic monitoring infrastructure worldwide.
Commercial Sector
Commercial Sector dominates the market, supported by rapid expansion of port infrastructure, growing vessel traffic, and the need for efficient logistics coordination. Adoption of vessel tracking systems and integrated data management platforms is critical for improving port efficiency and reducing turnaround times. Ports are investing in automated communication and predictive analytics to ensure operational continuity and safety in congested sea routes.
Defense Sector
Defense Sector adoption is primarily driven by maritime security concerns, piracy deterrence, and border surveillance. Governments and naval authorities employ vessel traffic management systems to enhance situational awareness and support mission-critical decision-making. Integration of radar, AIS, and satellite communication technologies allows defense operators to track, intercept, and monitor vessels across extensive maritime boundaries, thereby strengthening national security frameworks.
Vessel Traffic Management Market, Segmentation by Component
The Component segmentation includes Equipment, Solution, and Service. These elements collectively form the foundation of modern maritime management systems, enabling data acquisition, analysis, and operational control. Growing integration of digital technologies such as AI, IoT, and cloud computing has transformed how ports and authorities manage vessel movement and safety operations.
Equipment
Equipment encompasses radar systems, communication modules, sensors, and other navigational hardware. These components serve as the backbone of maritime monitoring, offering real-time situational data. Ongoing innovations in coastal radar design, surveillance cameras, and satellite integration have enhanced visibility and accuracy across vast oceanic zones, improving safety and traffic flow management.
Solution
Solution includes integrated software platforms for vessel tracking, incident reporting, and predictive navigation. Ports and fleet operators leverage these solutions to streamline data visualization, vessel coordination, and compliance monitoring. With the rise of smart port initiatives, demand for scalable, interoperable, and cyber-secure solutions is expected to accelerate across global maritime networks.
Service
Service segment covers installation, system integration, maintenance, and operator training. Service providers play a pivotal role in ensuring optimal system uptime and performance. As vessel traffic systems grow increasingly complex, partnerships with managed service providers offering remote diagnostics and software updates are gaining prominence to ensure long-term operational efficiency.
Vessel Traffic Management Market, Segmentation by Investment
The Investment segmentation differentiates between Brownfield and Greenfield projects, representing two distinct infrastructure development approaches in the maritime domain. While Brownfield investments focus on upgrading existing systems, Greenfield projects prioritize new infrastructure deployment in expanding port and shipping zones. Both segments contribute significantly to the modernization and digital transformation of maritime safety systems.
Brownfield
Brownfield projects involve retrofitting or enhancing existing port management systems to incorporate advanced monitoring and automation capabilities. Upgrading legacy infrastructure enables ports to improve data accuracy and reduce downtime. The trend of integrating AI-driven analytics and smart sensors into existing frameworks underscores the emphasis on optimizing costs and extending system life cycles.
Greenfield
Greenfield projects entail the development of entirely new vessel traffic management systems, particularly in emerging economies expanding port infrastructure. These projects benefit from the ability to deploy modern technologies such as digital twins and real-time simulation tools from the outset. Supported by government funding and public-private partnerships, Greenfield investments are key to creating resilient, future-ready maritime control systems.
Vessel Traffic Management Market, Segmentation by System
The System segmentation includes Port Management Information System, Global Maritime Safety System, River Information System, ATON Management & Health Monitoring System, and Others. These systems collectively ensure safe navigation, effective traffic control, and environmental compliance across varied maritime domains. Increasing global trade and vessel volume necessitate highly integrated real-time monitoring systems to enhance port efficiency and safety.
Port Management Information System
Port Management Information System (PMIS) facilitates coordination between vessels, port authorities, and logistics operators. It streamlines scheduling, cargo handling, and resource allocation to minimize delays. With the growing adoption of smart port technologies, PMIS platforms are increasingly integrating AI analytics and IoT-enabled sensors to enhance visibility and predictive maintenance capabilities.
Global Maritime Safety System
Global Maritime Safety System (GMSS) provides global communication and navigation safety coverage, ensuring efficient distress management and search-and-rescue operations. It leverages satellite communication, radio beacons, and digital alerting systems to enhance safety across international waters. Continuous modernization efforts by IMO member nations are driving further integration of AI-based monitoring tools.
River Information System
River Information System (RIS) supports safe navigation and efficient traffic flow on inland waterways. It combines data on vessel movement, hydrological conditions, and environmental monitoring to improve route optimization and fleet coordination. Expansion of inland shipping in Europe and Asia fuels RIS adoption as part of broader multimodal transport strategies.
ATON Management & Health Monitoring System
ATON Management & Health Monitoring System manages Aids to Navigation (ATON) infrastructure, ensuring the operational health of buoys, beacons, and lighthouses. These systems enable remote diagnostics and preventive maintenance of navigational aids, minimizing downtime and operational risks. The use of cloud-based management and sensor integration supports real-time condition tracking and fault detection.
Others
The Others category includes hybrid and specialized systems designed for surveillance, vessel coordination, and environmental compliance. Increasing focus on green maritime corridors and sustainability is driving demand for integrated systems that balance safety with ecological impact mitigation through real-time data insights.
Vessel Traffic Management Market, Segmentation by Onboard Component
The Onboard Component segmentation includes Equipment and Solution, representing essential subsystems installed on ships to enhance situational awareness and communication with traffic management centers. As vessels become smarter and more connected, onboard technologies play a critical role in ensuring navigation accuracy and compliance with international maritime regulations.
Equipment
Equipment includes sensors, AIS transponders, and onboard radar units used for navigation and communication. Continuous improvements in sensor miniaturization and integration support compact designs suitable for multiple vessel classes. Manufacturers emphasize durability and compliance with IMO standards to ensure reliable performance under challenging maritime conditions.
Solution
Solution encompasses onboard software platforms that integrate sensor data with shore-based systems to enable real-time decision-making. These solutions support route planning, collision avoidance, and compliance tracking. Increasing digitalization in maritime operations is fostering the adoption of AI-based analytics and cloud connectivity for enhanced efficiency and coordination.
Vessel Traffic Management Market, Segmentation by Geography
In this report, the Vessel Traffic Management Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America leads in the deployment of vessel traffic management systems owing to extensive maritime trade, advanced defense infrastructure, and investments in port modernization. The United States and Canada continue to prioritize maritime safety automation through integrated command and control centers. Increasing coastal surveillance initiatives and smart port projects further strengthen regional market growth.
Europe
Europe exhibits mature adoption supported by stringent maritime safety regulations and environmental policies. The presence of technologically advanced ports in nations such as Germany, the Netherlands, and the U.K. fosters strong integration of digital navigation and communication systems. Collaborative programs under the European Maritime Safety Agency (EMSA) enhance interoperability and standardization across regional networks.
Asia Pacific
Asia Pacific is the fastest-growing region, propelled by expanding port infrastructure, increasing vessel traffic, and government-led investments in coastal security. Countries like China, India, and Japan are deploying large-scale maritime monitoring projects to strengthen national security and boost trade efficiency. The rapid adoption of AI and IoT in smart port ecosystems further accelerates growth in this region.
Middle East & Africa
Middle East & Africa witness growing implementation of vessel traffic systems driven by offshore energy projects and port development initiatives. Investments in strategic maritime hubs such as the UAE, Saudi Arabia, and South Africa are enhancing operational safety and navigation control. The region’s focus on digital transformation and maritime automation offers strong future potential.
Latin America
Latin America experiences steady growth due to modernization of ports and regional trade expansion. Countries like Brazil, Chile, and Mexico are adopting integrated traffic management systems to improve port efficiency and security. Increasing collaboration between public authorities and private vendors is fostering knowledge transfer and technology adoption across the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Vessel Traffic Management Market. These factors include; Market Drivers, Restraints and Opportunities
Drivers, Restraints and Opportunity
Drivers
- Increased maritime trade
- Enhanced port safety
- Technological advancements
- Environmental regulations
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Improved operational efficiency : Improved operational efficiency is a significant driver in the Global Vessel Traffic Management (VTM) market, enhancing the overall functionality and effectiveness of maritime operations. VTM systems streamline vessel movements, reducing congestion and delays at ports and harbors. This efficiency is critical for ensuring that ships can dock, load, and unload quickly, minimizing turnaround times and increasing the throughput of maritime trade. By optimizing traffic flow, VTM systems help to lower operational costs for shipping companies, making the maritime transport process more cost-effective.Moreover, operational efficiency gained through VTM systems translates to improved safety and reduced environmental impact. By providing precise and real-time information about vessel positions, weather conditions, and navigational hazards, VTM systems enhance the decision-making process for port authorities and ship operators. This leads to fewer accidents and incidents, which in turn lowers the risk of oil spills and other environmental hazards. Efficient traffic management also means that vessels can maintain optimal speeds, reducing fuel consumption and greenhouse gas emissions. This is particularly important in an era where the shipping industry is under increasing pressure to adopt greener practices.
The drive for operational efficiency is also spurred by technological advancements within VTM systems. Innovations such as machine learning, artificial intelligence, and big data analytics enable more accurate predictions and more effective management of vessel traffic. These technologies can analyze vast amounts of data to identify patterns and suggest optimal routes, further enhancing the efficiency of maritime operations. As global trade continues to expand, the need for efficient vessel traffic management systems will only grow, making it a crucial driver for the market.
Restraints
- High implementation costs
- Cybersecurity concerns
- Regulatory complexities
- Skilled labor shortage
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Integration challenges : Integration challenges present a significant restraint in the Global Vessel Traffic Management (VTM) market, impacting the seamless deployment and functioning of these systems. The maritime industry is characterized by a diverse array of stakeholders, including port authorities, shipping companies, and regulatory bodies, each using different systems and technologies. This diversity creates a complex environment for integrating VTM systems, as they need to be compatible with existing infrastructure and technologies. Ensuring interoperability between various systems and platforms can be a daunting task, often requiring significant time, effort, and resources.Moreover, the integration of VTM systems is hampered by the lack of standardized protocols and frameworks across the industry. Different regions and countries may have varying regulations and technical standards, complicating the implementation of a unified VTM system. This lack of standardization can lead to inconsistencies in data exchange and communication, reducing the overall effectiveness of VTM systems. For instance, a VTM system implemented in one port may not seamlessly communicate with another system in a different port, leading to potential gaps in traffic management and information sharing.
Addressing integration challenges requires a concerted effort from all stakeholders in the maritime industry. Developing common standards and protocols is essential for ensuring that VTM systems can operate seamlessly across different regions and platforms. Collaboration between industry players, regulatory bodies, and technology providers is crucial for achieving this standardization. Additionally, investing in training and capacity building can help ensure that personnel are equipped to handle the complexities of integrating new systems. Overcoming these challenges is vital for the successful deployment and operation of VTM systems, which are essential for enhancing maritime safety, efficiency, and sustainability.
Opportunities
- Smart port development
- Emerging markets growth
- Advanced analytics adoption
- Green shipping initiatives
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Autonomous vessel integration : Autonomous vessel integration presents a significant opportunity in the Global Vessel Traffic Management (VTM) market, heralding a new era of maritime operations. The advent of autonomous ships, which can navigate and operate without human intervention, is poised to revolutionize the shipping industry. Integrating these vessels into existing VTM systems is crucial for ensuring safe and efficient maritime traffic management. Autonomous vessels rely heavily on real-time data and precise navigation information, which VTM systems are uniquely positioned to provide. This integration will enhance the safety and efficiency of maritime operations, as autonomous vessels can optimize routes and avoid collisions more effectively than human-operated ships.
The integration of autonomous vessels with VTM systems also opens up new possibilities for data-driven decision-making and predictive analytics. Autonomous ships generate vast amounts of data, which can be analyzed by VTM systems to gain insights into traffic patterns, operational efficiencies, and potential hazards. This data-driven approach can lead to more informed and proactive traffic management strategies, reducing the risk of accidents and improving overall maritime safety. Additionally, autonomous vessels can be programmed to comply with environmental regulations more strictly, minimizing their ecological footprint and contributing to greener shipping practices.
Furthermore, the adoption of autonomous vessels and their integration with VTM systems can drive significant economic benefits. By reducing the need for onboard crew, shipping companies can lower operational costs and improve profitability. The efficiency gains from optimized routing and reduced downtime can also enhance the competitiveness of the maritime industry. Moreover, the integration of autonomous vessels with VTM systems can stimulate innovation and technological advancements, creating new opportunities for technology providers and service operators. As the technology for autonomous vessels continues to evolve, their integration with VTM systems will play a pivotal role in shaping the future of maritime operations.
Vessel Traffic Management Market Competitive Landscape Analysis
Vessel Traffic Management Market competition is intensifying as system integrators, software providers, and maritime service firms refine strategies around interoperability, cyber resilience, and analytics. Established vendors defend share near 65%, while specialized entrants target green corridors and autonomous navigation. Active collaboration, selective merger moves, and port authority partnerships are shaping procurement criteria and accelerating innovation-led growth trajectories.
Market Structure and ConcentrationThe market exhibits balanced concentration, with tier-one platforms accounting for roughly 55% of deployments, while modular providers expand via niche functions. Differentiation centers on lifecycle services, situational awareness engines, and compliance toolkits. Vendor strategies emphasize outcome-based contracts, risk sharing, and phased rollouts to support expansion and sustainable growth as digital harbor networks achieve adoption above 70%.
Brand and Channel StrategiesBrands are pivoting toward solution-as-a-service, leveraging pilot corridors and co-development partnerships with pilots, pilots’ associations, and OEM radar suppliers. Channel ecosystems integrate maritime ISVs and telecom backbones, lifting recurring service mix past 60%. Clear value narratives stress uptime, security, and carbon intelligence, while portfolio strategies align price tiers to phased port expansion and measurable operational growth.
Innovation Drivers and Technological AdvancementsCore technological advancements include sensor fusion, AI-assisted decision support, and digital twins linked to port community systems. Edge analytics and resilient cloud topologies cut incident response by near 45%. Cyber-first architectures, open APIs, and satellite-AIS blending fuel innovation. Vendors increasingly formalize R&D collaboration frameworks and patent pooling partnerships to accelerate certified releases and continuous upgrade strategies.
Regional Momentum and ExpansionCoastal trading hubs lead standardization, with advanced lanes representing about 50% of active upgrades, while emerging maritime corridors contribute near 35% of pipeline value. Local integration partners speed localization and regulatory mapping. Cross-border vessel data sharing fosters corridor-level expansion, supported by training alliances and financing partnerships. Regional strategies balance resilience, decarbonization metrics, and capacity-building for sustained growth.
Future OutlookThe sector’s future outlook points to platform convergence, AI copilots, and autonomous traffic modules adding incremental efficiency of roughly 20%–30%. Procurement will favor interoperable stacks, verified cybersecurity, and emissions intelligence. Expect deeper collaboration, selective merger integrations, and performance-based partnerships. Vendors aligning product roadmaps, service SLAs, and financing strategies to corridor needs will capture compounding growth across modernization cycles.
Key players in Vessel Traffic Management Market include :
- Kongsberg Gruppen (Norway)
- Thales Group (France)
- Leonardo S.p.A. (Italy)
- Wärtsilä Corporation (Finland)
- Saab AB (Sweden)
- ST Engineering (Singapore)
- Hanwha Systems Co., Ltd. (South Korea)
- HENSOLDT AG (Germany)
- Japan Radio Co., Ltd. (Japan)
- Rohde & Schwarz (Germany)
- Frequentis AG (Austria)
- TERMA Group (Denmark)
- Tokyo Keiki Inc. (Japan)
- Indra Sistemas, S.A. (Spain)
- Elcome International LLC (UAE)
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
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Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By End-User
- Market Snapshot, By Component
- Market Snapshot, By Investment
- Market Snapshot, By System
- Market Snapshot, By Onboard Component
- Market Snapshot, By Region
- Vessel Traffic Management Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increased maritime trade
- Enhanced port safety
- Technological advancements
- Environmental regulations
- Improved operational efficiency
- Restraints
- High implementation costs
- Cybersecurity concerns
- Regulatory complexities
- Skilled labor shortage
- Integration challenges
- Opportunities
- Smart port development
- Emerging markets growth
- Advanced analytics adoption
- Green shipping initiatives
- Autonomous vessel integration
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Vessel Traffic Management Market, By End-User, 2021 - 2031 (USD Million)
- Commercial Sector
- Defense Sector
- Vessel Traffic Management Market, By Component, 2021 - 2031 (USD Million)
- Equipment
- Solution
- Service
- Vessel Traffic Management Market, By Investment, 2021 - 2031 (USD Million)
- Brownfield
- Greenfield
- Vessel Traffic Management Market, By System, 2021 - 2031 (USD Million)
- Port Management Information System
- Global Maritime Safety System
- River Information System
- ATON Management & Health Monitoring System
- Others
- Vessel Traffic Management Market, By Onboard Component, 2021 - 2031 (USD Million)
- Equipment
- Solution
- Vessel Traffic Management Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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Latin America
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Brazil
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Mexico
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Argentina
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Rest of Latin America
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- North America
- Vessel Traffic Management Market, By End-User, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Kongsberg Gruppen (Norway)
- Thales Group (France)
- Leonardo S.p.A. (Italy)
- Wärtsilä Corporation (Finland)
- Saab AB (Sweden)
- ST Engineering (Singapore)
- Hanwha Systems Co., Ltd. (South Korea)
- HENSOLDT AG (Germany)
- Japan Radio Co., Ltd. (Japan)
- Rohde & Schwarz (Germany)
- Frequentis AG (Austria)
- TERMA Group (Denmark)
- Tokyo Keiki Inc. (Japan)
- Indra Sistemas, S.A. (Spain)
- Elcome International LLC (UAE)
- Company Profiles
- Analyst Views
- Future Outlook of the Market

