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. This report focus on Vessel Monitoring System Software market.
This report contains market size and forecasts of Vessel Monitoring System Software in Global, including the following market information:
Global Vessel Monitoring System Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Vessel Monitoring System Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Sea Vessels Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vessel Monitoring System Software include Orbcomm Inc., Applied Satellite Technology Ltd, Beijing Highlander Digital Technology Co., Ltd., BlueTraker, CLS Fisheries, Orolia Maritime, Trackwell, ShipNet and Wartsila Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vessel Monitoring System Software 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 Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Vessel Monitoring System Software Market Segment Percentages, by Type, 2021 (%)
Sea Vessels
Inner Land Vessels
Global Vessel Monitoring System Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Vessel Monitoring System Software Market Segment Percentages, by Application, 2021 (%)
Fisheries Management
Safety
Enforcement
Global Vessel Monitoring System Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Vessel Monitoring System Software Market Segment Percentages, By Region and Country, 2021 (%)
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 Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Vessel Monitoring System Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Orbcomm Inc.
Applied Satellite Technology Ltd
Beijing Highlander Digital Technology Co., Ltd.
BlueTraker
CLS Fisheries
Orolia Maritime
Trackwell
ShipNet
Wartsila Corporation
THINKmarine Co., Ltd.
Visma
Satlink S.L.
SRT Marine Systems Plc