Global Vessel Traffic Management Market Growth (Status and Outlook) 2025-2031
The global Vessel Traffic Management market size is predicted to grow from US$ 428 million in 2025 to US$ 674 million in 2031; it is expected to grow at a CAGR of 7.9% from 2025 to 2031.
Vessel Traffic Management is a marine traffic monitoring system established by harbour or port authorities, similar to air traffic control for aircraft. Typical VTS systems use radar, closed-circuit television (CCTV), VHF radiotelephony and automatic identification system to keep track of vessel movements and provide navigational safety in a limited geographical area.
Global Vessel Traffic Management key players include Kongsberg Gruppen, Transas, Thales Group, etc.
Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America, both have a share about 45 percent.
In terms of product, TOS is the largest segment, with a share over 55%. And in terms of application, the largest application is Coastal Management, followed by Port Management.
LPI (LP Information)' newest research report, the “Vessel Traffic Management Industry Forecast” looks at past sales and reviews total world Vessel Traffic Management sales in 2024, providing a comprehensive analysis by region and market sector of projected Vessel Traffic Management sales for 2025 through 2031. With Vessel Traffic Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vessel Traffic Management industry.
This Insight Report provides a comprehensive analysis of the global Vessel Traffic Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Vessel Traffic Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vessel Traffic Management market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vessel Traffic Management and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vessel Traffic Management.
This report presents a comprehensive overview, market shares, and growth opportunities of Vessel Traffic Management market by product type, application, key players and key regions and countries.
Segmentation by Type:
INS
NAS
TOS
Other
Segmentation by Application:
Port Management
Coastal Management
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kongsberg Gruppen
Transas
Thales Group
Leonardo
Saab
Indra Sistemas
Rolta India
Tokyo Keiki
Kelvin Hughes
L3 Technologies
Signalis
Frequentis
Terma
Vissim
Please note: The report will take approximately 2 business days to prepare and deliver.