Europe Vessel Traffic Management System Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$1,596.9

Forecast, 2030 (US$M)

$2,522.3

CAGR, 2024 - 2030

6.7%

Report Coverage

Europe

Europe vessel traffic management system market, 2018-2030 (US$M)

Related Markets

Global Vessel Traffic Management System Industry Outlook

North America Vessel Traffic Management System Market Outlook

Asia Pacific Vessel Traffic Management System Market Outlook

Latin America Vessel Traffic Management System Market Outlook

MEA Vessel Traffic Management System Market Outlook

Europe vessel traffic management system market highlights

The Europe vessel traffic management system market generated a revenue of USD 1,596.9 million in 2023.
The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
In terms of segment, harware was the largest revenue generating offering in 2023.
Harware is the most lucrative offering segment registering the fastest growth during the forecast period.

Europe data book summary

Market revenue in 2023	USD 1,596.9 million
Market revenue in 2030	USD 2,522.3 million
Growth rate	6.7% (CAGR from 2023 to 2030)
Largest segment	Harware
Fastest growing segment	Harware
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Harware

Other key industry trends

In terms of revenue, Europe region accounted for 26.1% of the global vessel traffic management system market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 4,123.6 million by 2030.

No credit card required*

Horizon in a snapshot

30K+ Global Market Reports
120K+ Country Reports
1.2M+ Market Statistics
200K+ Company Profiles
Industry insights and more

Vessel Traffic Management System Market Scope

Vessel traffic management system market segmentation & scope

Offering

Harware

Communication

Surveillance & Monitoring

Navigation

Software

Service

Maintenance Service

Operation Service

Type

A to N Management & Health Monitoring Systems

Global Maritime Distress Safety Systems

Port Management Information Systems

River Information Systems

End Use

Commercial

Defense

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

France

Italy

Spain

Sweden

Norway

Denmark

Germany

India

China

Thailand

South Korea

Australia

Brazil

Argentina

South Africa

Saudi Arabia

UAE

Kuwait

Vessel Traffic Management System Market Companies

Name	Profile	# Employees	HQ	Website

Europe vessel traffic management system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vessel traffic management system market will help companies and investors design strategic landscapes.

Harware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe vessel traffic management system market based on harware covering the revenue growth of each sub-segment from 2018 to 2030.

Reasons to subscribe to Europe vessel traffic management system market databook:

Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Europe vessel traffic management system market databook

Our clientele includes a mix of vessel traffic management system market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe vessel traffic management system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe vessel traffic management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list