Global and China Vessel Monitoring Systems (VMS) Market Size, Status and Forecast 2021-2027

Global and China Vessel Monitoring Systems (VMS) Market Size, Status and Forecast 2021-2027

  • QYResearch
  • September 2021
  • Advertising and Marketing
  • 115 pages

Report Description

Vessel Monitoring Systems (VMS) is a general term to describe systems that are used in commercial fishing to allow environmental and fisheries regulatory organizations to track and monitor the activities of fishing vessels. They are a key part of monitoring control and surveillance (MCS) programs at national and international levels. VMS may be used to monitor vessels in the territorial waters of a country or a subdivision of a country, or in the Exclusive Economic Zones (EEZ) that extend 200 nautical miles (370.4 km) from the coasts of many countries. VMS systems are used to improve the management and sustainability of the marine environment, through ensuring proper fishing practices and the prevention of illegal fishing, and thus protect and enhance the livelihoods of fishermen.
Vessel Monitoring System can be used to capture intelligence data for defense, state and civil applications.
Global Vessel Monitoring Systems (VMS) key players include CLS Fisheries, Satlink, Wartsila Corporation, Visma, Iridium, etc. Global top five manufacturers hold a share over 30%.
Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share over 10%.
In terms of product, Software is the largest segment, with a share over 58%. And in terms of application, the largest application is Fishery, followed by Commercial Vessel and Military.

Market Analysis and Insights: Global Vessel Monitoring Systems (VMS) Market
The global Vessel Monitoring Systems (VMS) market size is projected to reach US$ 835.8 million by 2027, from US$ 424 million in 2020, at a CAGR of 10.0% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Vessel Monitoring Systems (VMS) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Vessel Monitoring Systems (VMS) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Vessel Monitoring Systems (VMS) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Vessel Monitoring Systems (VMS) market.

Global Vessel Monitoring Systems (VMS) Scope and Market Size
Vessel Monitoring Systems (VMS) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Vessel Monitoring Systems (VMS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Software
Hardware

Segment by Application
Fishery
Military
Commercial Vessel

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
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

By Company
CLS Fisheries
Satlink
Wartsila Corporation
Visma
Iridium
Inmarsat
Orbcomm Inc.
Beijing Highlander Digital
Technology
Applied Satellite Technology Ltd
Trackwell
Orolia
SRT Marine Systems Plc
NSSLGlobal
Pole Star Space Applications
Addvalue
BlueTraker

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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Vessel Monitoring Systems (VMS) Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Software
List of Tables
Table 1. Global Vessel Monitoring Systems (VMS) Market Size Growth Rate by Type (US$ Million):2016 VS 2021 VS 2027
Table 2. Key Players of Software
Table 3. Key Players of Hardware
Table 4. Global Vessel Monitoring Systems (VMS) Market Size Growth by Application (US$ Million): 2016 VS 2021 VS 2027
Table 5. Global Vessel Monitoring Systems (VMS) Market Size by Regions (US$ Million): 2016 VS 2021 VS 2027

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