15 January 2020
Visiongain’s new report the Global Vessel Traffic Management Market Report 2020-2030 indicates that the global vessel traffic management market will see $3,654.6 million in spending in 2019.
The lead analyst of the report said: "The vessel traffic management market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of vessel traffic management in commercial ports as well as defence ports.
Emerging innovators are more focusing towards the R&D to bring smarter and easy to accessible vessel traffic management which increase the situational awareness and safety. The vessel traffic management for use in ports are in its emerging phase and in coming years this technologies occupy more applications in ports. Asia Pacific region is most favourable market as it growing in exponential growth rate."
The 143 page report contains 131 tables, charts and graphs that add visual analysis in order to explain developing trends within the vessel traffic management market. Visiongain provides $3,654.6 million forecasts for the period 2020-2030 for the 3 leading vessel traffic management submarkets, namely by component, systems, and end user. The report also includes forecasts for the port management information systems market and performance assessments for 2 emerging and next-generation river information systems and global maritime distress safety systems and 1 innovative new solution segment.
The 143 page report offers market forecasts and analysis for 22 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 10 companies leading the field in vessel traffic management.
The Vessel Traffic Management Market Report 2020-2030 report will be of value to anyone who wants to better understand the vessel traffic management market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the vessel traffic management industry.
Notes for Editors
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