Vessel Monitoring Systems (VMS) Market
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 focuses on global and United States Vessel Monitoring Systems (VMS) market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global Vessel Monitoring Systems (VMS) market size is estimated to be worth USD 522.1 million in 2022 and is forecast to a readjusted size of USD 924.9 million by 2028 with a CAGR of 10.0% during the review period. 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.Vessel Monitoring Systems (VMS) market is segmented by region (country), players, 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.
Major players covered in Vessel Monitoring Systems (VMS) Market are:
- 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
Market Segment by Type:
- Software
- Hardware
Market Segment by Application:
- Fishery
- Military
- Commercial Vessel
Gain access to an all-inclusive yet concise report of the Vessel Monitoring Systems (VMS) market that contains essential facts and figures.
Request A Sample Report – https://www.precisionreports.co/enquiry/request-sample/20992128
Read or Request More Related Reports:
E Learning Market Growth Insights 2023: Exceptional Companies Leading in Market Size and Share 2030
E-prescribing Market Insights 2023: How Top Companies Are Impacted by Market Size and Share 2030
Wi-Fi Analytics Market Insights and Forecast to 2030
5G Core Network Market Size, Regional Status and Prospect 2023-2030
Dextran Market Essential Business Expansion Strategies and Key Players 2023-2030
Vape Market Essential Business Expansion Strategies and Key Players 2023-2030
Music Streaming Service Market
Nicotine Pouches Market Insights and Forecast to 2030
Selective Laser Sintering Market
Discography Market Snapshot 2023: Top Companies, Market Size, Share, and Future Growth Trends 2030
IoT In Transportation Market Size, Current Insights and Demographic Trends 2023-2030
The Global Wealthtech Market Size and Share of Top Companies 2023: Future Growth and Forecast 2030
Polycarbonate Diol Market Size, Current Insights and Demographic Trends 2023-2030
Telecom Tower Market Size, Current Insights and Demographic Trends 2023-2030
Invar Market Size, Current Insights and Demographic Trends 2023-2030
Forecasting the Future Growth in 2023 and Polyimide Membrane Market Shares of Top Companies
Enterprise Cyber Security Market Size, Current Insights and Demographic Trends 2023-2030
Dropper Market Snapshot 2023: Top Companies, Market Size, Share, and Future Growth Trends 2030
Forecasting the Future Growth in 2023 and Private LTE Market Shares of Top Companies
Polling Software Market Size, Regional Status and Prospect 2023-2030
Near Field Communication Market
Satellite Data Service Market Size, Current Insights and Demographic Trends 2023-2030
Forecasting the Future Growth in 2023 and Strategy Consulting Market Shares of Top Companies
Forecasting the Future Growth in 2023 and Computational Creativity Market Shares of Top Companies
Bioinks Market Size, Current Insights and Demographic Trends 2023-2030
Forecasting the Future Growth in 2023 and Real Estate Sector Market Shares of Top Companies
The Impact of Railway Switch Market Size and Share on the Future Growth of Top Companies 2023-2030
Virtual Router Market Essential Business Expansion Strategies and Key Players 2023-2030
