New York, NY -- (SBWIRE) -- 12/04/2020 -- The Vessel Traffic Services (VTS) Market report by Reports and Data is an all-encompassing study of the global Vessel Traffic Services (VTS) market. The report serves as a prototype of the highly functional Vessel Traffic Services (VTS) industry. Our market researchers' panel has performed quantitative and qualitative assessments of the global Vessel Traffic Services (VTS) market dynamics in a bid to forecast the global market growth over the forecast period. They have taken into consideration several factors, such as market penetration, pricing structure, product portfolios, end-user industries, and the key market growth drivers and constraints, to endow the readers with a sound understanding of the market. The report provides the reader with a panoramic view of the Vessel Traffic Services (VTS) market, supported by key statistical data and industry-verified facts. Hence, it examines the size, share, and volume of the Vessel Traffic Services (VTS) industry in the historical period to forecast the same valuations for the forecast period.

The latest report is furnished with a detailed examination of the Vessel Traffic Services (VTS) market and the global economic landscape ravaged by the ongoing COVID-19 pandemic. The pandemic has significantly affected millions of people's lives. Besides, it has turned the global economy upside down, which has adversely impacted the Vessel Traffic Services (VTS) business sphere. Thus, the report encompasses the severe effects of the coronavirus pandemic on the Vessel Traffic Services (VTS) market and its key segments.

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Leading Players Profiled in the Report Include:

Kongsberg Gruppen (Norway), Transas (Ireland), L3 Technologies (U.S.), Saab AB (Sweden), Thales Group (France), Frequentis (Austria), Vissim AS (Norway), TERMA (Denmark), Tokyo Keiki, Inc. (Japan), Indra Sistemas (Spain), and Kelvin Hughes (U.K.) have been profiled in the report. Strategies like New product development, acquisitions, and mergers and partnerships are some of the major strategies being adopted by these market players in order to retain their positions in the market.

For the purpose of this purpose, Reports and Data have segmented the Vessel Traffic Services (VTS) Systems market on the basis of types, applications end use and region.

System Outlook (Revenue, USD Billion; 2017-2027)

Port Management Information System (PMIS)
Global Maritime Distress Safety System (GMDSS)
River Information System (RIS)
Aids to Navigation (ATON) Management & Health Monitoring System
Others

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Commercial Sector
Port and Harbor
Inland Port
Fishing Port
Defense Sector

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Geographical Scenario:

The global Vessel Traffic Services (VTS) market report comprehensively studies the present growth prospects and challenges for the key regions of the Vessel Traffic Services (VTS) market. The report continues to evaluate the revenue shares of these regions over the forecast timeline. It further scrutinizes the year-on-year growth rate of these regions over the projected years. The leading regions encompassed in this report:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Key Coverage of the Report:

Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects
Market segmentation by deployment type, authentication type, component, organization size, industry vertical
Regional and country-wise market size estimation for the forecast period (2019-2027)
Pricing strategies of the regional market players
Demand & supply gap analysis
Competitive landscape analysis
Market share analysis of the top market players
Strategic recommendations for new market entrants
Company profiling of the leading market players
Brief summary of the key strategies, financial positions, and recent developments of the leading companies

The report considers the following timeline for market estimation:

Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027

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