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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Vessel Tracking System Market Analysis
8.1 Key Industry Highlights
8.2 Global Vessel Tracking System Historical Market (2018-2023)
8.3 Global Vessel Tracking System Market Forecast (2024-2032)
8.4 Global Vessel Tracking System Market by Type
8.4.1 Automatic Identification System (AIS)
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Vessel Monitoring System (VMS)
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Long Range Identification and Tracking
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Vessel Tracking System Market by End User
8.5.1 Fisheries Authorities
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Coastguards
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Navy and Marines
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Defence
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global Vessel Tracking System Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Vessel Tracking System Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Vessel Tracking System Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Vessel Tracking System Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Vessel Tracking System Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Vessel Tracking System Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 BigOceanData
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 ORBCOMM Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Wärtsilä Oyj Abp
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 CNS Systems AB
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Harris Geospatial Solutions, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Vessel Tracking System Market: Key Industry Highlights, 2018 and 2032
2. Global Vessel Tracking System Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Vessel Tracking System Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Vessel Tracking System Historical Market: Breakup by End User (USD Million), 2018-2023
5. Global Vessel Tracking System Market Forecast: Breakup by End User (USD Million), 2024-2032
6. Global Vessel Tracking System Historical Market: Breakup by Vessel Type (USD Million), 2018-2023
7. Global Vessel Tracking System Market Forecast: Breakup by Vessel Type (USD Million), 2021-202
8. Global Vessel Tracking System Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Vessel Tracking System Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Vessel Tracking System Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Vessel Tracking System Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Vessel Tracking System Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Vessel Tracking System Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Vessel Tracking System Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Vessel Tracking System Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Vessel Tracking System Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Vessel Tracking System Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Vessel Tracking System Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Vessel Tracking System Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Vessel Tracking System Market Structure
In 2023, the global vessel tracking system market attained a value of nearly USD 1,021.93 million.
The market is projected to grow at a CAGR of 11.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 2,689.29 million by 2032.
The major market drivers include the increasing trade activities, the surging demand for efficient vessel tracking systems, and the growing investments by governments and international organisations to enhance maritime safety.
Technological advancements and innovations and rising investments in research and development of vessel tracking systems by leading companies are the key trends guiding the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant vessel tracking system types include automatic identification system (AIS), vessel monitoring system (VMS), and long range identification and tracking, among others.
Fisheries authorities, coastguards, navy and marines, and defence are the various end users of vessel tracking system.
The major players in the market are BigOceanData, ORBCOMM Inc., Wärtsilä Oyj Abp, CNS Systems AB, and Harris Geospatial Solutions, Inc., among others.
The global vessel tracking system market attained a value of USD 1,021.93 million in 2023, driven by the increased demand for efficient vessel tracking systems worldwide. Aided by the rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 11.4%. The market is projected to reach USD 2,689.29 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market can be distributed into automatic identification system (AIS), vessel monitoring system (VMS), long range identification and tracking, and others. On the basis of end user, the industry can be segmented into fisheries authorities, coastguards, navy and marines, and defence. The major regional markets for vessel tracking system are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BigOceanData, ORBCOMM Inc., Wärtsilä Oyj Abp, CNS Systems AB, Harris Geospatial Solutions, Inc., and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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