Vessel Monitoring System Market, Global Outlook and Forecast 2023-2029

Report ID: MMG231412 | Category: Service & Software | Pages: 63 | Format: PDF | Published Date: September 16,2023

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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Vessel Monitoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vessel Monitoring System. This report contains market size and forecasts of Vessel Monitoring System in global, including the following market information:
Global Vessel Monitoring System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Vessel Monitoring System market was valued at US$ 484.6 million in 2022 and is projected to reach US$ 642.7 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 MONITOR GLOBAL, INC (MMG) has surveyed the Vessel Monitoring System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vessel Monitoring System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Vessel Monitoring System Market Segment Percentages, by Type, 2022 (%)
    Hardware
    Software
Global Vessel Monitoring System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Vessel Monitoring System Market Segment Percentages, by Application, 2022 (%)
    Fishery
    Military
    Others
Global Vessel Monitoring System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Vessel Monitoring System Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vessel Monitoring System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Vessel Monitoring System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Inmarsat
    Addvalue
    Network Innovations
    Trackwell
    Pole Star Space Applications
    CLS
    BlueTraker
    Visma
    NSSLGlobal
    Orolia Maritime
    Iridium
    Orbcomm
    Faria Beede
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vessel Monitoring System, market overview.
Chapter 2: Global Vessel Monitoring System market size in revenue.
Chapter 3: Detailed analysis of Vessel Monitoring System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vessel Monitoring System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Vessel Monitoring System Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Vessel Monitoring System Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Vessel Monitoring System Overall Market Size
    2.1 Global Vessel Monitoring System Market Size: 2022 VS 2029
    2.2 Global Vessel Monitoring System Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Vessel Monitoring System Players in Global Market
    3.2 Top Global Vessel Monitoring System Companies Ranked by Revenue
    3.3 Global Vessel Monitoring System Revenue by Companies
    3.4 Top 3 and Top 5 Vessel Monitoring System Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Vessel Monitoring System Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Vessel Monitoring System Players in Global Market
        3.6.1 List of Global Tier 1 Vessel Monitoring System Companies
        3.6.2 List of Global Tier 2 and Tier 3 Vessel Monitoring System Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Vessel Monitoring System Market Size Markets, 2022 & 2029
        4.1.2 Hardware
        4.1.3 Software
    4.2 By Type - Global Vessel Monitoring System Revenue & Forecasts
        4.2.1 By Type - Global Vessel Monitoring System Revenue, 2018-2023
        4.2.2 By Type - Global Vessel Monitoring System Revenue, 2024-2029
        4.2.3 By Type - Global Vessel Monitoring System Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Vessel Monitoring System Market Size, 2022 & 2029
        5.1.2 Fishery
        5.1.3 Military
        5.1.4 Others
    5.2 By Application - Global Vessel Monitoring System Revenue & Forecasts
        5.2.1 By Application - Global Vessel Monitoring System Revenue, 2018-2023
        5.2.2 By Application - Global Vessel Monitoring System Revenue, 2024-2029
        5.2.3 By Application - Global Vessel Monitoring System Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Vessel Monitoring System Market Size, 2022 & 2029
    6.2 By Region - Global Vessel Monitoring System Revenue & Forecasts
        6.2.1 By Region - Global Vessel Monitoring System Revenue, 2018-2023
        6.2.2 By Region - Global Vessel Monitoring System Revenue, 2024-2029
        6.2.3 By Region - Global Vessel Monitoring System Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Vessel Monitoring System Revenue, 2018-2029
        6.3.2 US Vessel Monitoring System Market Size, 2018-2029
        6.3.3 Canada Vessel Monitoring System Market Size, 2018-2029
        6.3.4 Mexico Vessel Monitoring System Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Vessel Monitoring System Revenue, 2018-2029
        6.4.2 Germany Vessel Monitoring System Market Size, 2018-2029
        6.4.3 France Vessel Monitoring System Market Size, 2018-2029
        6.4.4 U.K. Vessel Monitoring System Market Size, 2018-2029
        6.4.5 Italy Vessel Monitoring System Market Size, 2018-2029
        6.4.6 Russia Vessel Monitoring System Market Size, 2018-2029
        6.4.7 Nordic Countries Vessel Monitoring System Market Size, 2018-2029
        6.4.8 Benelux Vessel Monitoring System Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Vessel Monitoring System Revenue, 2018-2029
        6.5.2 China Vessel Monitoring System Market Size, 2018-2029
        6.5.3 Japan Vessel Monitoring System Market Size, 2018-2029
        6.5.4 South Korea Vessel Monitoring System Market Size, 2018-2029
        6.5.5 Southeast Asia Vessel Monitoring System Market Size, 2018-2029
        6.5.6 India Vessel Monitoring System Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Vessel Monitoring System Revenue, 2018-2029
        6.6.2 Brazil Vessel Monitoring System Market Size, 2018-2029
        6.6.3 Argentina Vessel Monitoring System Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Vessel Monitoring System Revenue, 2018-2029
        6.7.2 Turkey Vessel Monitoring System Market Size, 2018-2029
        6.7.3 Israel Vessel Monitoring System Market Size, 2018-2029
        6.7.4 Saudi Arabia Vessel Monitoring System Market Size, 2018-2029
        6.7.5 UAE Vessel Monitoring System Market Size, 2018-2029
7 Vessel Monitoring System Companies Profiles
    7.1 Inmarsat
        7.1.1 Inmarsat Company Summary
        7.1.2 Inmarsat Business Overview
        7.1.3 Inmarsat Vessel Monitoring System Major Product Offerings
        7.1.4 Inmarsat Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.1.5 Inmarsat Key News & Latest Developments
    7.2 Addvalue
        7.2.1 Addvalue Company Summary
        7.2.2 Addvalue Business Overview
        7.2.3 Addvalue Vessel Monitoring System Major Product Offerings
        7.2.4 Addvalue Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.2.5 Addvalue Key News & Latest Developments
    7.3 Network Innovations
        7.3.1 Network Innovations Company Summary
        7.3.2 Network Innovations Business Overview
        7.3.3 Network Innovations Vessel Monitoring System Major Product Offerings
        7.3.4 Network Innovations Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.3.5 Network Innovations Key News & Latest Developments
    7.4 Trackwell
        7.4.1 Trackwell Company Summary
        7.4.2 Trackwell Business Overview
        7.4.3 Trackwell Vessel Monitoring System Major Product Offerings
        7.4.4 Trackwell Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.4.5 Trackwell Key News & Latest Developments
    7.5 Pole Star Space Applications
        7.5.1 Pole Star Space Applications Company Summary
        7.5.2 Pole Star Space Applications Business Overview
        7.5.3 Pole Star Space Applications Vessel Monitoring System Major Product Offerings
        7.5.4 Pole Star Space Applications Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.5.5 Pole Star Space Applications Key News & Latest Developments
    7.6 CLS
        7.6.1 CLS Company Summary
        7.6.2 CLS Business Overview
        7.6.3 CLS Vessel Monitoring System Major Product Offerings
        7.6.4 CLS Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.6.5 CLS Key News & Latest Developments
    7.7 BlueTraker
        7.7.1 BlueTraker Company Summary
        7.7.2 BlueTraker Business Overview
        7.7.3 BlueTraker Vessel Monitoring System Major Product Offerings
        7.7.4 BlueTraker Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.7.5 BlueTraker Key News & Latest Developments
    7.8 Visma
        7.8.1 Visma Company Summary
        7.8.2 Visma Business Overview
        7.8.3 Visma Vessel Monitoring System Major Product Offerings
        7.8.4 Visma Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.8.5 Visma Key News & Latest Developments
    7.9 NSSLGlobal
        7.9.1 NSSLGlobal Company Summary
        7.9.2 NSSLGlobal Business Overview
        7.9.3 NSSLGlobal Vessel Monitoring System Major Product Offerings
        7.9.4 NSSLGlobal Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.9.5 NSSLGlobal Key News & Latest Developments
    7.10 Orolia Maritime
        7.10.1 Orolia Maritime Company Summary
        7.10.2 Orolia Maritime Business Overview
        7.10.3 Orolia Maritime Vessel Monitoring System Major Product Offerings
        7.10.4 Orolia Maritime Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.10.5 Orolia Maritime Key News & Latest Developments
    7.11 Iridium
        7.11.1 Iridium Company Summary
        7.11.2 Iridium Business Overview
        7.11.3 Iridium Vessel Monitoring System Major Product Offerings
        7.11.4 Iridium Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.11.5 Iridium Key News & Latest Developments
    7.12 Orbcomm
        7.12.1 Orbcomm Company Summary
        7.12.2 Orbcomm Business Overview
        7.12.3 Orbcomm Vessel Monitoring System Major Product Offerings
        7.12.4 Orbcomm Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.12.5 Orbcomm Key News & Latest Developments
    7.13 Faria Beede
        7.13.1 Faria Beede Company Summary
        7.13.2 Faria Beede Business Overview
        7.13.3 Faria Beede Vessel Monitoring System Major Product Offerings
        7.13.4 Faria Beede Vessel Monitoring System Revenue in Global Market (2018-2023)
        7.13.5 Faria Beede Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Vessel Monitoring System Market, Global Outlook and Forecast 2023-2029

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