Table of Content


1    INTRODUCTION    36
1.1    OBJECTIVES OF THE STUDY    36
1.2    MARKET DEFINITION    36
1.3    MARKET SCOPE    37
1.3.1    MARKETS COVERED    37
FIGURE 1    VESSEL TRAFFIC MANAGEMENT MARKET SEGMENTATION    37
1.3.2    REGIONAL SCOPE    37
FIGURE 2    VESSEL TRAFFIC MANAGEMENT MARKET REGIONAL SCOPE    37
1.3.3    YEARS CONSIDERED FOR THE STUDY    38
1.4    INCLUSIONS AND EXCLUSIONS    38
TABLE 1    INCLUSIONS AND EXCLUSIONS IN VESSEL TRAFFIC MANAGEMENT MARKET    38
1.5    CURRENCY & PRICING    39
1.6    LIMITATIONS    39
1.7    MARKET STAKEHOLDERS    39
1.8    SUMMARY OF CHANGES    40
FIGURE 3    VESSEL TRAFFIC MANAGEMENT MARKET TO GROW AT HIGHER RATE THAN PREVIOUS ESTIMATES    40
2    RESEARCH METHODOLOGY    42
2.1    RESEARCH DATA    42
FIGURE 4    RESEARCH PROCESS FLOW    42
FIGURE 5    VESSEL TRAFFIC MANAGEMENT MARKET: RESEARCH DESIGN    43
2.1.1    SECONDARY DATA    43
2.1.1.1    Key data from secondary sources    44
2.1.2    PRIMARY DATA    44
2.1.2.1    Key primary sources    44
2.2    DEMAND & SUPPLY-SIDE ANALYSIS    45
2.2.1    INTRODUCTION    45
2.2.2    DEMAND-SIDE INDICATORS    45
2.2.2.1    Port expansion and modernization programs across regions to influence market growth    45
2.2.3    SUPPLY-SIDE INDICATORS    46
2.2.3.1    Next-gen vessel traffic management system    46
2.3    MARKET SIZE ESTIMATION    46
2.3.1    SEGMENTS AND SUBSEGMENTS    46
2.4    RESEARCH APPROACH & METHODOLOGY    47
2.4.1    BOTTOM-UP APPROACH    47
2.4.2    VESSEL TRAFFIC MANAGEMENT MARKET    47
FIGURE 6    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    48
2.4.3    TOP-DOWN APPROACH    48
FIGURE 7    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    48
2.5    MARKET BREAKDOWN & DATA TRIANGULATION    49
FIGURE 8    DATA TRIANGULATION    49
2.6    GROWTH RATE ASSUMPTIONS    50
2.7    ASSUMPTIONS FOR RESEARCH STUDY    50
2.8    RISKS    50
3    EXECUTIVE SUMMARY    51
FIGURE 9    SERVICE SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2022    51
FIGURE 10    PORT MANAGEMENT INFORMATION SYSTEM SEGMENT ACQUIRED LARGER MARKET SHARE IN 2022    52
FIGURE 11    VESSEL TRAFFIC MANAGEMENT MARKET IN NORTH AMERICA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    52
4    PREMIUM INSIGHTS    53
4.1    ATTRACTIVE GROWTH OPPORTUNITIES IN VESSEL TRAFFIC MANAGEMENT MARKET    53
FIGURE 12    INCREASING PORT MODERNIZATION AND INTRODUCTION OF ADVANCED PORT MANAGEMENT SYSTEMS EXPECTED TO DRIVE MARKET FROM 2O22 TO 2027    53
4.2    VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER    53
FIGURE 13    COMMERCIAL SECTOR SEGMENT PROJECTED TO LEAD MARKET  FROM 2022 TO 2027    53
4.3    VESSEL TRAFFIC MANAGEMENT MARKET END USER,  BY COMMERCIAL SECTOR    54
FIGURE 14    INLAND PORT SEGMENT PROJECTED TO DOMINATE MARKET FROM 2022 TO 2027    54
4.4    VESSEL TRAFFIC MANAGEMENT MARKET, BY INVESTMENT    54
FIGURE 15    BROWNFIELD INVESTMENT SEGMENT PROJECTED TO HAVE HIGHEST MARKET SHARE FROM 2022 TO 2027    54
4.5    VESSEL TRAFFIC MANAGEMENT MARKET, BY COUNTRY    55
FIGURE 16    VESSEL TRAFFIC MANAGEMENT MARKET IN DENMARK PROJECTED TO REGISTER HIGHEST CAGR FROM 2022 TO 2027    55
5    MARKET OVERVIEW    56
5.1    INTRODUCTION    56
5.2    MARKET DYNAMICS    56
FIGURE 17    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET DYNAMICS    56
5.2.1    DRIVERS    56
5.2.1.1    Increased vessel congestion at ports    56
5.2.1.2    Need for automation    57
5.2.2    RESTRAINTS    57
5.2.2.1    Effect of natural disasters on ports    57
5.2.3    OPPORTUNITIES    57
5.2.3.1    Next-generation vessel traffic management systems    57
5.2.3.2    Technological advances in maritime traffic management    58
5.2.4    CHALLENGES    58
5.2.4.1    VTMS facility location    58
5.2.4.2    Automated identification system (AIS) disadvantages    58
5.3    COVID-19 IMPACT SCENARIOS    59
5.4    COVID-19 IMPACT ON VESSEL TRAFFIC MANAGEMENT MARKET    59
5.5    TECHNOLOGY ANALYSIS    60
5.5.1    AI IN VTS    60
5.5.2    E-NAVIGATION IN VESSEL TRAFFIC MANAGEMENT    60
5.5.3    GLOBAL NAVIGATION SATELLITE SYSTEM (GNSS)    60
5.6    TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS    60
FIGURE 18    TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS    61
5.7    PRICING ANALYSIS    61
TABLE 2    AVERAGE SELLING PRICE RANGE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET,  BY EQUIPMENT (USD)    61
FIGURE 19    PRICING ANALYSIS FOR VESSEL TRAFFIC MANAGEMENT SYSTEM,  
BY EQUIPMENT (USD THOUSAND)    62
5.8    MARKET ECOSYSTEM    62
5.8.1    PROMINENT COMPANIES    62
5.8.2    PRIVATE AND SMALL ENTERPRISES    62
5.8.3    END USERS    62
FIGURE 20    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET ECOSYSTEM    63
TABLE 3    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET ECOSYSTEM    63
5.9    VALUE CHAIN ANALYSIS OF VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET    64
FIGURE 21    VALUE CHAIN ANALYSIS    64
5.10    TRADE DATA    66
5.10.1    TRADE ANALYSIS    66
TABLE 4    COUNTRY-WISE EXPORTS, 2019-2020 (USD THOUSAND)    66
TABLE 5    COUNTRY-WISE IMPORTS, 2019-2020 (USD THOUSAND)    66
5.11    PORTER’S FIVE FORCES MODEL    67
5.11.1    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS    67
5.11.2    THREAT OF NEW ENTRANTS    68
5.11.3    THREAT OF SUBSTITUTES    68
5.11.4    BARGAINING POWER OF SUPPLIERS    68
5.11.5    BARGAINING POWER OF BUYERS    68
5.11.6    COMPETITION IN THE INDUSTRY    68
5.12    KEY STAKEHOLDERS & BUYING CRITERIA    69
5.12.1    KEY STAKEHOLDERS IN BUYING PROCESS    69
FIGURE 22    INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR VESSEL TRAFFIC MANAGEMENT SYSTEM    69
TABLE 6    INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR VESSEL TRAFFIC MANAGEMENT SYSTEM (%)    69
5.12.2    BUYING CRITERIA    70
FIGURE 23    KEY BUYING CRITERIA FOR VESSEL TRAFFIC MANAGEMENT SYSTEMS    70
TABLE 7    KEY BUYING CRITERIA FOR VESSEL TRAFFIC MANAGEMENT SYSTEMS    70
5.13    KEY CONFERENCES & EVENTS IN 2022-2023    71
TABLE 8    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET: DETAILED LIST OF CONFERENCES & EVENTS    71
5.14    TARIFF REGULATORY LANDSCAPE FOR SHIPPING INDUSTRY    71
TABLE 9    NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    71
TABLE 10    EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    72
TABLE 11    ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    72
TABLE 12    REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    72
6    INDUSTRY TRENDS    73
6.1    INTRODUCTION    73
6.2    EMERGING INDUSTRY TRENDS    73
6.2.1    AI AND MACHINE LEARNING    73
6.2.2    MARINE IOT    73
6.2.3    BLOCKCHAIN AND BIG DATA ANALYTICS    74
6.2.4    CYBERSECURITY    74
6.3    INNOVATIONS AND PATENTS REGISTRATIONS, 2018-2021    74
6.4    IMPACT OF MEGATRENDS    75
7    VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT    76
7.1    INTRODUCTION    77
FIGURE 24    SERVICE SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    77
TABLE 13    VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,
2018–2021 (USD MILLION)    77
TABLE 14    VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,
2022–2027 (USD MILLION)    77
7.2    EQUIPMENT    78
FIGURE 25    NAVIGATION SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    78
TABLE 15    VESSEL TRAFFIC MANAGEMENT MARKET, BY EQUIPMENT,
2018–2021 (USD MILLION)    78
TABLE 16    VESSEL TRAFFIC MANAGEMENT MARKET, BY EQUIPMENT,
2022–2027 (USD MILLION)    78
7.2.1    COMMUNICATION    79
TABLE 17    VESSEL TRAFFIC MANAGEMENT EQUIPMENT MARKET, BY COMMUNICATION,  2018–2021 (USD MILLION)    79
TABLE 18    VESSEL TRAFFIC MANAGEMENT EQUIPMENT MARKET, BY COMMUNICATION,  2022–2027 (USD MILLION)    79
7.2.1.1    VHF communication systems    79
7.2.1.1.1    Increasing usage in short-range communication to drive the segment    79
7.2.1.2    RF communications    80
7.2.1.2.1    Increasing usage for wireless data transfer and voice transfer applications to drive the segment    80
7.2.1.3    Microwave and network    80
7.2.1.3.1    Increasing usage for satellite communications, radar signals, smartphones, and navigational applications to drive the segment    80
7.2.1.4    Human machine interface (HMI)    80
7.2.1.4.1    Increasing usage of HMI on ports and harbors to drive the segment    80
7.2.1.5    Servers    80
7.2.1.5.1    New technological trends to drive the segment    80
7.2.2    NAVIGATION    80
TABLE 19    VESSEL TRAFFIC MANAGEMENT EQUIPMENT MARKET, BY NAVIGATION,  2018–2021 (USD MILLION)    81
TABLE 20    VESSEL TRAFFIC MANAGEMENT EQUIPMENT MARKET, BY NAVIGATION,  2022–2027 (USD MILLION)    81
7.2.2.1    Automatic identification system (AIS) receivers and base stations    81
7.2.2.1.1    Increasing usage of AIS receivers and base stations creates efficient link between the sea and monitoring center    81
7.2.2.2    Direction finders    81
7.2.2.2.1    Increasing usage by ports to provide navigational aid for ships    81
7.2.2.3    Radar    82
7.2.2.3.1    Increasing usage to detect illegal activities across shore and coastline to drive the segment    82
7.2.3    SURVEILLANCE & MONITORING    82
TABLE 21    VESSEL TRAFFIC MANAGEMENT EQUIPMENT MARKET, BY SURVEILLANCE & MONITORING, 2018–2021 (USD MILLION)    82
TABLE 22    VESSEL TRAFFIC MANAGEMENT EQUIPMENT MARKET, BY SURVEILLANCE & MONITORING, 2022–2027 (USD MILLION)    82
7.2.3.1    Unmanned aerial vehicles    83
7.2.3.1.1    Increasing usage of UAVs at ports to make security more efficient and reactive    83
7.2.3.2    CCTV surveillance camera    83
7.2.3.2.1    Need for latest technology CCTV cameras to provide optimum security    83
7.2.3.3    Sensors    83
7.2.3.3.1    Advanced sensor technologies used to prevent port accidents    83
7.3    SOLUTION    84
FIGURE 26    ROUTING MONITOR SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    84
TABLE 23    VESSEL TRAFFIC MANAGEMENT MARKET, BY SOLUTION,
2018–2021 (USD MILLION)    84
TABLE 24    VESSEL TRAFFIC MANAGEMENT MARKET, BY SOLUTION,
2022–2027 (USD MILLION)    84
7.3.1    SENSOR INTEGRATOR    85
7.3.1.1    Sensor integrator key to providing efficient navigation and decision-making capabilities    85
7.3.2    ELECTRONIC NAVIGATION CHART (ENC)    85
7.3.2.1    ENCs provide an array of advantages for planning, monitoring, and executing voyages    85
7.3.3    MULTI-SENSOR TRACKER    85
7.3.3.1    Ensures flexible sensor input filtering to provide efficient data to create traffic maps    85
7.3.4    ROUTING MONITOR    85
7.3.4.1    Increasing usage to reduce risk and minimize transit time    85
7.3.5    OTHERS    85
7.4    SERVICE    86
FIGURE 27    OPERATION SERVICE SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    86
TABLE 25    VESSEL TRAFFIC MANAGEMENT MARKET, BY SERVICE,
2018–2021 (USD MILLION)    86
TABLE 26    VESSEL TRAFFIC MANAGEMENT MARKET, BY SERVICE,
2022–2027 (USD MILLION)    86
7.4.1    MAINTENANCE SERVICE    87
7.4.1.1    Periodic upkeep of equipment vital for offering decision making support to operators    87
7.4.2    OPERATION SERVICE    87
7.4.2.1    Provides critical support for decision making to operators through various data points    87
8    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER    88
8.1    INTRODUCTION    89
FIGURE 28    COMMERCIAL SECTOR SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    89
TABLE 27    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  
2018–2021 (USD MILLION)    89
TABLE 28    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  
2022–2027 (USD MILLION)    89
8.2    COMMERCIAL SECTOR    90
TABLE 29    VESSEL TRAFFIC MANAGEMENT SYSTEM END USER MARKET, BY COMMERCIAL SECTOR, 2018–2021 (USD MILLION)    90
TABLE 30    VESSEL TRAFFIC MANAGEMENT SYSTEM END USER MARKET, BY COMMERCIAL SECTOR, 2022–2027 (USD MILLION)    90
8.2.1    PORTS AND HARBOR    90
8.2.1.1    Ports serve as commerce transfer centers and are typically located near natural harbors    90
8.2.2    INLAND PORT    91
8.2.2.1    Increasing usage for leisure purposes and ferries and fishing operations to drive the segment    91
8.2.3    FISHING PORT    91
8.2.3.1    Fishing ports are frequently marketed as ports that are primarily utilized for recreational or aesthetic purposes    91
8.2.4    OFFSHORE    92
8.2.4.1    Increasing adoption of advanced technologies in offshore ports to ensure safe operations    92
8.3    DEFENSE SECTOR    92
8.3.1    NEED TO PREVENT PIRACY AND OTHER ILLEGAL ACTIVITIES TO DRIVE THE SEGMENT    92
9    VESSEL TRAFFIC MANAGEMENT MARKET, BY SYSTEM    93
9.1    INTRODUCTION    94
FIGURE 29    PORT MANAGEMENT INFORMATION SYSTEM SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    94
TABLE 31    VESSEL TRAFFIC MANAGEMENT MARKET, BY SYSTEM,
2018–2021 (USD MILLION)    94
TABLE 32    VESSEL TRAFFIC MANAGEMENT MARKET, BY SYSTEM,
2022–2027 (USD MILLION)    94
9.2    PORT MANAGEMENT INFORMATION SYSTEM    95
9.2.1    PMI IS SINGLE SOURCE OF ADEQUATE AND ACCURATE INFORMATION    95
9.3    GLOBAL MARITIME DISTRESS SAFETY SYSTEM (GMDSS)    95
9.3.1    SHIPS FITTED WITH GMDSS EQUIPMENT ARE SAFER AT SEA AND MORE LIKELY TO RECEIVE ASSISTANCE IN EVENT OF DISTRESS    95
9.4    RIVER INFORMATION SYSTEM    95
9.4.1    RIS COMBINES EQUIPMENT AND RELATED HARDWARE AND SOFTWARE DESIGNED TO OPTIMIZE TRAFFIC AND TRANSPORT PROCESSES    95
9.5    ATON MANAGEMENT & HEALTH MONITORING SYSTEM    96
9.5.1    GOAL OF ATON SYSTEMS IS TO PROMOTE SAFE NAVIGATION ON WATERWAYS    96
9.6    OTHERS    96
10    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY INVESTMENT    97
10.1    INTRODUCTION    98
FIGURE 30    BROWNFIELD SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    98
TABLE 33    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY INVESTMENT,
 2018–2021 (USD MILLION)    98
TABLE 34    VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY INVESTMENT,  
2022–2027 (USD MILLION)    98
10.2    GREENFIELD    99
10.2.1    MAJOR BUSINESSES ADOPT GREENFIELD INVESTMENT STRATEGY TO BREAKDOWN ENTRANCE BARRIERS    99
10.3    BROWNFIELD    99
10.3.1    BROWNFIELD INVESTMENT USED TO JOIN A NEW FOREIGN MARKET THROUGH COMPANIES THAT ALREADY HAVE A PRESENCE THERE    99
11    VESSEL TRAFFIC MANAGEMENT MARKET,  BY ONBOARD COMPONENT    100
11.1    INTRODUCTION    100
11.2    EQUIPMENT    100
11.2.1    COMMUNICATION    100
11.2.1.1    VHF communication systems    100
11.2.1.1.1    Increasing usage in short-range communication to drive the segment    100
11.2.1.2    RF communications    100
11.2.1.2.1    Increasing usage for wireless data transfer and voice transfer applications to drive the segment    100
11.2.1.3    Microwave and network    101
11.2.1.3.1    Increasing usage for satellite communications, radar signals, smartphones, and navigational applications to drive the segment    101
11.2.1.4    Human machine interface (HMI)    101
11.2.1.4.1    Increasing need for advanced and reliable HMI systems on ship bridges to drive the segment    101
11.2.2    NAVIGATION    101
11.2.2.1    Automatic identification system (AIS) receivers    101
11.2.2.1.1    Increasing usage of AIS receivers to create efficient link between sea and monitoring center    101
11.2.2.2    Direction finders    101
11.2.2.2.1    Increasing usage by ships to establish efficient navigation paths    101
11.2.2.3    Radar    102
11.2.2.3.1    Increasing usage to detect illegal activities around the vicinity of the ship    102
11.2.3    SURVEILLANCE & MONITORING    102
11.2.3.1    CCTV Surveillance Camera    102
11.2.3.1.1    Need for latest technology CCTV cameras to provide optimum security onboard ships    102
11.2.3.2    Sensors    102
11.2.3.2.1    Advanced sensor technologies used for navigation and ship stability    102
11.3    SOLUTION    103
11.3.1    SENSOR INTEGRATOR    103
11.3.1.1    Sensor integrator key to providing efficient navigation and decision-making capabilities    103
11.3.2    ELECTRONIC NAVIGATION CHART (ENC)    103
11.3.2.1    ENCs provide an array of advantages for planning, monitoring, and executing voyages    103
11.3.3    MULTI-SENSOR TRACKER    103
11.3.3.1    Ensures flexible sensor input filtering to provide efficient data to create traffic maps    103
11.3.4    ROUTING MONITOR    103
11.3.4.1    Increasing usage to reduce risk and minimize transit time    103
12    REGIONAL ANALYSIS    104
12.1    INTRODUCTION    105
FIGURE 31    VESSEL TRAFFIC MANAGEMENT MARKET: REGIONAL SNAPSHOT    105
12.2    COVID-19 IMPACT ON VESSEL TRAFFIC MANAGEMENT MARKET    105
TABLE 35    VESSEL TRAFFIC MANAGEMENT MARKET, BY REGION,
2018–2021 (USD MILLION)    106
TABLE 36    VESSEL TRAFFIC MANAGEMENT MARKET, BY REGION,
 2022–2027 (USD MILLION)    106
12.3    NORTH AMERICA    107
FIGURE 32    NORTH AMERICA: VESSEL TRAFFIC MANAGEMENT MARKET SNAPSHOT    107
12.3.1    PESTLE ANALYSIS: NORTH AMERICA    107
TABLE 37    NORTH AMERICA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COUNTRY,  2018–2021 (USD MILLION)    108
TABLE 38    NORTH AMERICA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COUNTRY,  2022–2027 (USD MILLION)    109
TABLE 39    NORTH AMERICA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2018–2021 (USD MILLION)    109
TABLE 40    NORTH AMERICA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2022–2027 (USD MILLION)    109
TABLE 41    NORTH AMERICA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    109
TABLE 42    NORTH AMERICA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    110
12.3.2    US    110
12.3.2.1    Increasing fleet size and recreational sea transport to drive the market    110
TABLE 43    US: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,
 2018–2021 (USD MILLION)    110
TABLE 44    US: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,
2022–2027 (USD MILLION)    110
TABLE 45    US: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,
  2018–2021 (USD MILLION)    111
TABLE 46    US: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  
2022–2027 (USD MILLION)    111
12.3.3    CANADA    111
12.3.3.1    Investments in upgrade of indigenous marine industry to drive the market    111
TABLE 47    CANADA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  
2018–2021 (USD MILLION)    112
TABLE 48    CANADA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  
2022–2027 (USD MILLION)    112
TABLE 49    CANADA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  
2018–2021 (USD MILLION)    112
TABLE 50    CANADA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  
2022–2027 (USD MILLION)    112
12.4    EUROPE    113
FIGURE 33    EUROPE: VESSEL TRAFFIC MANAGEMENT MARKET SNAPSHOT    113
12.4.1    PESTLE ANALYSIS    113
TABLE 51    EUROPE: VESSEL TRAFFIC MANAGEMENT MARKET, BY COUNTRY,  
2018–2021 (USD MILLION)    115
TABLE 52    EUROPE: VESSEL TRAFFIC MANAGEMENT MARKET, BY COUNTRY,  
2022–2027 (USD MILLION)    115
TABLE 53    EUROPE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    115
TABLE 54    EUROPE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    115
TABLE 55    EUROPE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    116
TABLE 56    EUROPE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    116
12.4.2    UK    116
12.4.2.1    Increasing investments in port development programs to drive the market    116
TABLE 57    UK: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,
 2018–2021 (USD MILLION)    116
TABLE 58    UK: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  
2022–2027 (USD MILLION)    117
TABLE 59    UK: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    117
TABLE 60    UK: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    117
12.4.3    NORWAY    117
12.4.3.1    Strategic regional to drive the market    117
TABLE 61    NORWAY: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    118
TABLE 62    NORWAY VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    118
TABLE 63    NORWAY: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    118
TABLE 64    NORWAY: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    118
12.4.4    SWEDEN    119
12.4.4.1    Benefit of sea trade as environmental-friendly alternative to drive the market    119
TABLE 65    SWEDEN: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    119
TABLE 66    SWEDEN: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    119
TABLE 67    SWEDEN: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    119
TABLE 68    SWEDEN: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    120
12.4.5    DENMARK    120
12.4.5.1    Increase in fleet sizes and tonnage to drive the market    120
TABLE 69    DENMARK: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    120
TABLE 70    DENMARK: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    120
TABLE 71    DENMARK: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    120
TABLE 72    DENMARK: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    121
12.4.6    FRANCE    121
12.4.6.1    Increasing funding by government to develop competitive trading to drive the market    121
TABLE 73    FRANCE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    121
TABLE 74    FRANCE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    121
TABLE 75    FRANCE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    122
TABLE 76    FRANCE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    122
12.4.7    REST OF EUROPE    122
TABLE 77    REST OF EUROPE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)    122
TABLE 78    REST OF EUROPE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)    123
TABLE 79    REST OF EUROPE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2018–2021 (USD MILLION)    123
TABLE 80    REST OF EUROPE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2022–2027 (USD MILLION)    123
12.5    ASIA PACIFIC    123
FIGURE 34    ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET SNAPSHOT    124
12.5.1    PESTLE ANALYSIS: ASIA PACIFIC    124
TABLE 81    ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY COUNTRY,  2018–2021 (USD MILLION)    125
TABLE 82    ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY COUNTRY,  2022–2027 (USD MILLION)    126
TABLE 83    ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2018–2021 (USD MILLION)    126
TABLE 84    ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2022–2027 (USD MILLION)    126
TABLE 85    ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    126
TABLE 86    ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    127
12.5.2    CHINA    127
12.5.2.1    Increasing trade of essential and industrial goods through maritime transport to drive the market    127
TABLE 87    CHINA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  
2018–2021 (USD MILLION)    127
TABLE 88    CHINA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  
2022–2027 (USD MILLION)    127
TABLE 89    CHINA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,
 2018–2021 (USD MILLION)    128
TABLE 90    CHINA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  
2022–2027 (USD MILLION)    128
12.5.3    INDIA    128
12.5.3.1    Increasing maritime activity to drive Vessel traffic    128
TABLE 91    INDIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,
 2018–2021 (USD MILLION)    129
TABLE 92    INDIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  
2022–2027 (USD MILLION)    129
TABLE 93    INDIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,
 2018–2021 (USD MILLION)    129
TABLE 94    INDIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  
2022–2027 (USD MILLION)    129
12.5.4    SINGAPORE    130
12.5.4.1    Port Development of Tuas mega-port to incorporate increasing vessel traffic    130
TABLE 95    SINGAPORE: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2018–2021 (USD MILLION)    130
TABLE 96    SINGAPORE: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2022–2027 (USD MILLION)    130
TABLE 97    SINGAPORE: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    130
TABLE 98    SINGAPORE: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    131
12.5.5    INDONESIA    131
12.5.5.1    Increasing trading activity and vessel traffic to drive requirement for VTM systems    131
TABLE 99    INDONESIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  
2018–2021 (USD MILLION)    131
TABLE 100    INDONESIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  
2022–2027 (USD MILLION)    131
TABLE 101    INDONESIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    132
TABLE 102    INDONESIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    132
12.5.6    SOUTH KOREA    132
12.5.6.1    Increasing international trade to drive the market    132
TABLE 103    SOUTH KOREA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2018–2021 (USD MILLION)    132
TABLE 104    SOUTH KOREA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2022–2027 (USD MILLION)    133
TABLE 105    SOUTH KOREA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    133
TABLE 106    SOUTH KOREA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    133
12.5.7    AUSTRALIA    133
12.5.7.1    Strategic location in South Pacific to drive the market    133
TABLE 107    AUSTRALIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  
2018–2021 (USD MILLION)    134
TABLE 108    AUSTRALIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,
 2022–2027 (USD MILLION)    134
TABLE 109    AUSTRALIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    134
TABLE 110    AUSTRALIA: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    134
12.5.8    REST OF ASIA PACIFIC    135
TABLE 111    REST OF ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2018–2021 (USD MILLION)    135
TABLE 112    REST OF ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY END USER,  2022–2027 (USD MILLION)    135
TABLE 113    REST OF ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    135
TABLE 114    REST OF ASIA PACIFIC: VESSEL TRAFFIC MANAGEMENT MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    136
12.6    MIDDLE EAST    136
12.6.1    PESTLE ANALYSIS    136
TABLE 115    MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COUNTRY,  2018–2021 (USD MILLION)    137
TABLE 116    MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COUNTRY,  2022–2027 (USD MILLION)    138
TABLE 117    MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    138
TABLE 118    MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    138
TABLE 119    MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    138
TABLE 120    MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    139
12.6.2    SAUDI ARABIA (KSA)    139
12.6.2.1    Increasing maritime development outlining the Kingdom’s Vision 2030 to drive the market    139
TABLE 121    SAUDI ARABIA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    139
TABLE 122    SAUDI ARABIA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    139
TABLE 123    SAUDI ARABIA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2018–2021 (USD MILLION)    140
TABLE 124    SAUDI ARABIA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2022–2027 (USD MILLION)    140
12.6.3    UAE    140
12.6.3.1    Advantage of being a logistics and marine center to drive the market    140
TABLE 125    UAE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    140
TABLE 126    UAE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    141
TABLE 127    UAE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    141
TABLE 128    UAE: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    141
12.6.4    QATAR    141
12.6.4.1    Increasing investments in transportation industry to drive the market    141
TABLE 129    QATAR: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    142
TABLE 130    QATAR: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    142
TABLE 131    QATAR: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    142
TABLE 132    QATAR: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    142
12.6.5    REST OF MIDDLE EAST    143
TABLE 133    REST OF MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)    143
TABLE 134    REST OF MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)    143
TABLE 135    REST OF MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET,  BY COMPONENT, 2018–2021 (USD MILLION)    143
TABLE 136    REST OF MIDDLE EAST: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET,  BY COMPONENT, 2022–2027 (USD MILLION)    143
12.7    LATIN AMERICA    144
12.7.1    PESTLE ANALYSIS    144
TABLE 137    LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COUNTRY,  2018–2021 (USD MILLION)    145
TABLE 138    LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COUNTRY,  2022–2027 (USD MILLION)    145
TABLE 139    LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    145
TABLE 140    LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    145
TABLE 141    LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2018–2021 (USD MILLION)    146
TABLE 142    LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2022–2027 (USD MILLION)    146
12.7.2    BRAZIL    146
12.7.2.1    Thriving and dominant port trade to drive the market    146
TABLE 143    BRAZIL: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    146
TABLE 144    BRAZIL: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    147
TABLE 145    BRAZIL: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION,  BY COMPONENT, 2018–2021 (USD MILLION)    147
TABLE 146    BRAZIL: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION,  BY AIRCRAFT TYPE, 2022–2027 (USD MILLION)    147
12.7.3    ARGENTINA    147
12.7.3.1    Growing trade relations with countries across the world to drive the market    147
TABLE 147    ARGENTINA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    148
TABLE 148    ARGENTINA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY AIRCRAFT TYPE, 2022–2027 (USD MILLION)    148
TABLE 149    ARGENTINA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    148
TABLE 150    ARGENTINA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    148
12.7.4    REST OF LATIN AMERICA    149
TABLE 151    REST OF LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)    149
TABLE 152    REST OF LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY AIRCRAFT TYPE, 2022–2027 (USD MILLION)    149
TABLE 153    REST OF LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET,  BY COMPONENT, 2018–2021 (USD MILLION)    149
TABLE 154    REST OF LATIN AMERICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET,  BY COMPONENT, 2022–2027 (USD MILLION)    150
12.8    AFRICA    150
12.8.1    PESTLE ANALYSIS: AFRICA    150
TABLE 155    AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COUNTRY,  2018–2021 (USD MILLION)    151
TABLE 156    AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COUNTRY,  2022–2027 (USD MILLION)    151
TABLE 157    AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    152
TABLE 158    AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    152
TABLE 159    AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2018–2021 (USD MILLION)    152
TABLE 160    AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY COMPONENT,  2022–2027 (USD MILLION)    152
12.8.2    SOUTH AFRICA    153
12.8.2.1    Strategic position in sea commerce route to drive the market    153
TABLE 161    SOUTH AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    153
TABLE 162    SOUTH AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    153
TABLE 163    SOUTH AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION, BY COMPONENT, 2018–2021 (USD MILLION)    153
TABLE 164    SOUTH AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION, BY AIRCRAFT TYPE, 2022–2027 (USD MILLION)    154
12.8.3    EGYPT    154
12.8.3.1    Geostrategic location at crossroads of three continents to drive the market    154
TABLE 165    EGYPT: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    154
TABLE 166    EGYPT: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    154
TABLE 167    EGYPT: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION,  BY COMPONENT, 2018–2021 (USD MILLION)    155
TABLE 168    EGYPT: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION,  BY AIRCRAFT TYPE, 2022–2027 (USD MILLION)    155
12.8.4    ALGERIA    155
12.8.4.1    Increasing investments in freight transport to drive the market    155
TABLE 169    ALGERIA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    155
TABLE 170    ALGERIA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    156
TABLE 171    ALGERIA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION, BY COMPONENT, 2018–2021 (USD MILLION)    156
TABLE 172    ALGERIA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION, BY AIRCRAFT TYPE, 2022–2027 (USD MILLION)    156
12.8.5    REST OF AFRICA    156
12.8.5.1    Increasing investments in transportation help increase the economy of the countries in the region    156
TABLE 173    REST OF AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2018–2021 (USD MILLION)    157
TABLE 174    REST OF AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET, BY END USER,  2022–2027 (USD MILLION)    157
TABLE 175    REST OF AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION, BY COMPONENT, 2018–2021 (USD MILLION)    157
TABLE 176    REST OF AFRICA: VESSEL TRAFFIC MANAGEMENT SYSTEM MARKET IN COMMERCIAL AVIATION, BY AIRCRAFT TYPE, 2022–2027 (USD MILLION)    157"
"13    COMPETITIVE LANDSCAPE    158
13.1    INTRODUCTION    158
13.2    MARKET SHARE ANALYSIS, 2021    158
TABLE 177    DEGREE OF COMPETITION    158
FIGURE 35    MARKET SHARE OF TOP PLAYERS IN VESSEL TRAFFIC MANAGEMENT MARKET, 2021 (%)    158
13.3    REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2020    159
FIGURE 36    REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS IN VESSEL TRAFFIC MANAGEMENT MARKET    159
13.4    COMPANY EVALUATION QUADRANT    160
13.4.1    STARS    160
13.4.2    EMERGING LEADERS    160
13.4.3    PERVASIVE PLAYERS    160
13.4.4    PARTICIPANTS    160
FIGURE 37    VESSEL TRAFFIC MANAGEMENT MARKET COMPETITIVE LEADERSHIP  MAPPING, 2021    161
TABLE 178    COMPANY PRODUCT FOOTPRINT    161
TABLE 179    COMPANY FOOTPRINT BY COMPONENT    162
TABLE 180    COMPANY FOOTPRINT BY END USER    163
TABLE 181    COMPANY REGION FOOTPRINT    164
13.5    STARTUPS EVALUATION QUADRANT    164
13.5.1    PROGRESSIVE COMPANIES    164
13.5.2    RESPONSIVE COMPANIES    164
13.5.3    DYNAMIC COMPANIES    165
13.5.4    STARTING BLOCKS    165
FIGURE 38    VESSEL TRAFFIC MANAGEMENT MARKET STARTUPS/SME COMPETITIVE LEADERSHIP MAPPING, 2021    165
13.6    COMPETITIVE BENCHMARKING    166
TABLE 182    VESSEL TRAFFIC MANAGEMENT MARKET: DETAILED LIST OF KEY STARTUP/SMES    166
TABLE 183    VESSEL TRAFFIC MANAGEMENT MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]    166
13.7    COMPETITIVE SCENARIO    167
13.7.1    DEALS    167
TABLE 184    DEALS, 2017–2021    167
13.7.2    PRODUCT LAUNCHES    169
TABLE 185    PRODUCT LAUNCHES, 2017–2021    169
14    COMPANY PROFILES    170
14.1    KEY COMPANIES    170
(Business overview, Products/solutions/services offered, Recent developments, Deals, MNM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats)*
14.1.1    KONGSBERG GRUPPEN    170
TABLE 186    KONGSBERG GRUPPEN: BUSINESS OVERVIEW    170
FIGURE 39    KONGSBERG GRUPPEN: COMPANY SNAPSHOT    171
TABLE 187    KONGSBERG GRUPPEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED    171
TABLE 188    KONGSBERG GRUPPEN: DEALS    172
14.1.2    WÄRTSILÄ    173
TABLE 189    WÄRTSILÄ: BUSINESS OVERVIEW    173
FIGURE 40    WÄRTSILÄ: COMPANY SNAPSHOT    173
TABLE 190    WÄRTSILÄ: PRODUCTS/SOLUTIONS/SERVICES OFFERED    174
TABLE 191    WÄRTSILÄ: DEAL    174
14.1.3    THALES GROUP    176
TABLE 192    THALES GROUP: BUSINESS OVERVIEW    176
FIGURE 41    THALES GROUP: COMPANY SNAPSHOT    176
TABLE 193    THALES GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    177
TABLE 194    THALES GROUP: DEALS    177
14.1.4    LEONARDO S.P.A.    178
TABLE 195    LEONARDO S.P.A.: BUSINESS OVERVIEW    178
FIGURE 42    LEONARDO S.P.A.: COMPANY SNAPSHOT    179
TABLE 196    LEONARDO S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    179
TABLE 197    LEONARDO S.P.A.: DEALS    180
14.1.5    SAAB    181
TABLE 198    SAAB: BUSINESS OVERVIEW    181
FIGURE 43    SAAB: COMPANY SNAPSHOT    181
TABLE 199    SAAB: PRODUCTS/SOLUTIONS/SERVICES OFFERED    182
TABLE 200    SAAB: PRODUCT DEVELOPMENTS    184
TABLE 201    SAAB: DEALS    184
14.1.6    INDRA SISTEMAS    186
TABLE 202    INDRA SISTEMAS: BUSINESS OVERVIEW    186
FIGURE 44    INDRA SISTEMAS: COMPANY SNAPSHOT    186
TABLE 203    INDRA SISTEMAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    187
TABLE 204    INDRA SISTEMAS: DEAL    187
14.1.7    TOKYO KEIKI    188
TABLE 205    TOKYO KEIKI: BUSINESS OVERVIEW    188
FIGURE 45    TOKYO KEIKI: COMPANY SNAPSHOT    188
TABLE 206    TOKYO KEIKI: PRODUCTS/SOLUTIONS/SERVICES OFFERED    188
14.1.8    HENSOLDT    189
TABLE 207    HENSOLDT: BUSINESS OVERVIEW    189
FIGURE 46    HENSOLDT: COMPANY SNAPSHOT    189
TABLE 208    HENSOLDT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    190
TABLE 209    HENSOLDT: DEALS    190
14.1.9    FREQUENTIS    191
TABLE 210    FREQUENTIS: BUSINESS OVERVIEW    191
FIGURE 47    FREQUENTIS: COMPANY SNAPSHOT    191
TABLE 211    FREQUENTIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    192
TABLE 212    FREQUENTIS: DEALS    192
14.1.10    FURUNO    193
TABLE 213    FURUNO: BUSINESS OVERVIEW    193
FIGURE 48    FURUNO: COMPANY SNAPSHOT    193
TABLE 214    FURUNO: PRODUCTS/SOLUTIONS/SERVICES OFFERED    194
14.1.11    JAPAN RADIO CO. LTD.    195
TABLE 215    JAPAN RADIO CO. LTD.: BUSINESS OVERVIEW    195
TABLE 216    JAPAN RADIO CO. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    195
TABLE 217    JAPAN RADIO CO. LTD.: DEALS    195
14.1.12    TERMA    196
TABLE 218    TERMA: BUSINESS OVERVIEW    196
TABLE 219    TERMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED    196
TABLE 220    TERMA: DEALS    197
14.1.13    VISSIM    198
TABLE 221    VISSIM: BUSINESS OVERVIEW    198
TABLE 222    VISSIM: PRODUCTS/SOLUTIONS/SERVICES OFFERED    198
TABLE 223    VISSIM: DEALS    198
14.1.14    ELCOME INTERNATIONAL LLC    199
TABLE 224    ELCOME INTERNATIONAL LLC: BUSINESS OVERVIEW    199
TABLE 225    ELCOME INTERNATIONAL LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    199
TABLE 226    ELCOME INTERNATIONAL LLC: DEALS    199
14.1.15    ST ENGINEERING    200
TABLE 227    ST ENGINEERING: BUSINESS OVERVIEW    200
FIGURE 49    ST ENGINEERING: COMPANY SNAPSHOT    200
TABLE 228    ST ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED    201
14.1.16    MARLAN MARITIME TECHNOLOGIES    202
TABLE 229    MARLAN MARITIME TECHNOLOGIES: BUSINESS OVERVIEW    202
TABLE 230    MARLAN MARITIME TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    202
14.1.17    XANATOS MARINE LTD.    203
TABLE 231    XANATOS MARINE LTD.: BUSINESS OVERVIEW    203
TABLE 232    XANATOS MARINE LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    203
TABLE 233    XANATOS MARINE LTD.: DEALS    203
14.1.18    SEA SURVEILLANCE AS    204
TABLE 234    SEA SURVEILLANCE AS: BUSINESS OVERVIEW    204
TABLE 235    SEA SURVEILLANCE AS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    204
14.1.19    M-NAV SOLUTIONS    205
TABLE 236    M-NAV SOLUTIONS: BUSINESS OVERVIEW    205
TABLE 237    M-NAV SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    205
14.1.20    A.ST.I.M. S.R.L.    206
TABLE 238    A.ST.I.M. S.R.L.: BUSINESS OVERVIEW    206
TABLE 239    A.ST.I.M. S.R.L.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    206
14.2    OTHER PLAYERS    207
14.2.1    MARICO MARINE    207
14.2.2    GEM ELETTRONICA    207
14.2.3    HORIZONTE AS    207
14.2.4    SCORTEL    208
14.2.5    ELMAN S.R.L.    208
*Details on Business overview, Products/solutions/services offered, Recent developments, Deals, MNM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies
15    APPENDIX    209
15.1    DISCUSSION GUIDE    209
15.2    KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL    211
15.3    AVAILABLE CUSTOMIZATION    213
15.4    RELATED REPORTS    213
15.5    AUTHOR DETAILS    214