

The long range identification and tracking systems has been designated to be the standardized tracking system to be adopted by vessels subject to operating on the sea. The system has been authorized by the International Maritime Organization to collect and disseminate information received from the ships subject to the different compliances and regulations. LRIT provides an enhanced level of marine domain awareness that allows unique visibility to report the accurate positions of the vessels and is being actively incorporated in the military and defense sectors, by helping the defense authorities recognize potential threats through the LRIT platforms, which is imminent for coast surrounded economies, such as the United States and China, among Others.
Highlights
The global Vessel Tracking Systems market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Vessel Tracking Systems is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Vessel Tracking Systems is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Vessel Tracking Systems in Government is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Vessel Tracking Systems include Big Ocean Data, ORBCOMM, SAAB Group, Harris Corporation, Echol Tech Pte Ltd., Garmin International, Wartsila Oyb Abp, CNS Systems AB and Raytheon Company, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Vessel Tracking Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vessel Tracking Systems.
The Vessel Tracking Systems market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Vessel Tracking Systems market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vessel Tracking Systems companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Big Ocean Data
ORBCOMM
SAAB Group
Harris Corporation
Echol Tech Pte Ltd.
Garmin International
Wartsila Oyb Abp
CNS Systems AB
Raytheon Company
L-3 Communication Holding
Segment by Type
Long Range Identification & Tracking
Automated Identification Systems
Synthetic-Aperture Radar
Others
Segment by Application
Government
Defense
Commercial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Vessel Tracking Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Vessel Tracking Systems Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Long Range Identification & Tracking
1.2.3 Automated Identification Systems
1.2.4 Synthetic-Aperture Radar
1.2.5 Others
1.3 Market by Application
1.3.1 Global Vessel Tracking Systems Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Government
1.3.3 Defense
1.3.4 Commercial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Vessel Tracking Systems Market Perspective (2018-2029)
2.2 Vessel Tracking Systems Growth Trends by Region
2.2.1 Global Vessel Tracking Systems Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Vessel Tracking Systems Historic Market Size by Region (2018-2023)
2.2.3 Vessel Tracking Systems Forecasted Market Size by Region (2024-2029)
2.3 Vessel Tracking Systems Market Dynamics
2.3.1 Vessel Tracking Systems Industry Trends
2.3.2 Vessel Tracking Systems Market Drivers
2.3.3 Vessel Tracking Systems Market Challenges
2.3.4 Vessel Tracking Systems Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Vessel Tracking Systems Players by Revenue
3.1.1 Global Top Vessel Tracking Systems Players by Revenue (2018-2023)
3.1.2 Global Vessel Tracking Systems Revenue Market Share by Players (2018-2023)
3.2 Global Vessel Tracking Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Vessel Tracking Systems Revenue
3.4 Global Vessel Tracking Systems Market Concentration Ratio
3.4.1 Global Vessel Tracking Systems Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Vessel Tracking Systems Revenue in 2022
3.5 Vessel Tracking Systems Key Players Head office and Area Served
3.6 Key Players Vessel Tracking Systems Product Solution and Service
3.7 Date of Enter into Vessel Tracking Systems Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Vessel Tracking Systems Breakdown Data by Type
4.1 Global Vessel Tracking Systems Historic Market Size by Type (2018-2023)
4.2 Global Vessel Tracking Systems Forecasted Market Size by Type (2024-2029)
5 Vessel Tracking Systems Breakdown Data by Application
5.1 Global Vessel Tracking Systems Historic Market Size by Application (2018-2023)
5.2 Global Vessel Tracking Systems Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Vessel Tracking Systems Market Size (2018-2029)
6.2 North America Vessel Tracking Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Vessel Tracking Systems Market Size by Country (2018-2023)
6.4 North America Vessel Tracking Systems Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Vessel Tracking Systems Market Size (2018-2029)
7.2 Europe Vessel Tracking Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Vessel Tracking Systems Market Size by Country (2018-2023)
7.4 Europe Vessel Tracking Systems Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Vessel Tracking Systems Market Size (2018-2029)
8.2 Asia-Pacific Vessel Tracking Systems Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Vessel Tracking Systems Market Size by Region (2018-2023)
8.4 Asia-Pacific Vessel Tracking Systems Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Vessel Tracking Systems Market Size (2018-2029)
9.2 Latin America Vessel Tracking Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Vessel Tracking Systems Market Size by Country (2018-2023)
9.4 Latin America Vessel Tracking Systems Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Vessel Tracking Systems Market Size (2018-2029)
10.2 Middle East & Africa Vessel Tracking Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Vessel Tracking Systems Market Size by Country (2018-2023)
10.4 Middle East & Africa Vessel Tracking Systems Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Big Ocean Data
11.1.1 Big Ocean Data Company Detail
11.1.2 Big Ocean Data Business Overview
11.1.3 Big Ocean Data Vessel Tracking Systems Introduction
11.1.4 Big Ocean Data Revenue in Vessel Tracking Systems Business (2018-2023)
11.1.5 Big Ocean Data Recent Development
11.2 ORBCOMM
11.2.1 ORBCOMM Company Detail
11.2.2 ORBCOMM Business Overview
11.2.3 ORBCOMM Vessel Tracking Systems Introduction
11.2.4 ORBCOMM Revenue in Vessel Tracking Systems Business (2018-2023)
11.2.5 ORBCOMM Recent Development
11.3 SAAB Group
11.3.1 SAAB Group Company Detail
11.3.2 SAAB Group Business Overview
11.3.3 SAAB Group Vessel Tracking Systems Introduction
11.3.4 SAAB Group Revenue in Vessel Tracking Systems Business (2018-2023)
11.3.5 SAAB Group Recent Development
11.4 Harris Corporation
11.4.1 Harris Corporation Company Detail
11.4.2 Harris Corporation Business Overview
11.4.3 Harris Corporation Vessel Tracking Systems Introduction
11.4.4 Harris Corporation Revenue in Vessel Tracking Systems Business (2018-2023)
11.4.5 Harris Corporation Recent Development
11.5 Echol Tech Pte Ltd.
11.5.1 Echol Tech Pte Ltd. Company Detail
11.5.2 Echol Tech Pte Ltd. Business Overview
11.5.3 Echol Tech Pte Ltd. Vessel Tracking Systems Introduction
11.5.4 Echol Tech Pte Ltd. Revenue in Vessel Tracking Systems Business (2018-2023)
11.5.5 Echol Tech Pte Ltd. Recent Development
11.6 Garmin International
11.6.1 Garmin International Company Detail
11.6.2 Garmin International Business Overview
11.6.3 Garmin International Vessel Tracking Systems Introduction
11.6.4 Garmin International Revenue in Vessel Tracking Systems Business (2018-2023)
11.6.5 Garmin International Recent Development
11.7 Wartsila Oyb Abp
11.7.1 Wartsila Oyb Abp Company Detail
11.7.2 Wartsila Oyb Abp Business Overview
11.7.3 Wartsila Oyb Abp Vessel Tracking Systems Introduction
11.7.4 Wartsila Oyb Abp Revenue in Vessel Tracking Systems Business (2018-2023)
11.7.5 Wartsila Oyb Abp Recent Development
11.8 CNS Systems AB
11.8.1 CNS Systems AB Company Detail
11.8.2 CNS Systems AB Business Overview
11.8.3 CNS Systems AB Vessel Tracking Systems Introduction
11.8.4 CNS Systems AB Revenue in Vessel Tracking Systems Business (2018-2023)
11.8.5 CNS Systems AB Recent Development
11.9 Raytheon Company
11.9.1 Raytheon Company Company Detail
11.9.2 Raytheon Company Business Overview
11.9.3 Raytheon Company Vessel Tracking Systems Introduction
11.9.4 Raytheon Company Revenue in Vessel Tracking Systems Business (2018-2023)
11.9.5 Raytheon Company Recent Development
11.10 L-3 Communication Holding
11.10.1 L-3 Communication Holding Company Detail
11.10.2 L-3 Communication Holding Business Overview
11.10.3 L-3 Communication Holding Vessel Tracking Systems Introduction
11.10.4 L-3 Communication Holding Revenue in Vessel Tracking Systems Business (2018-2023)
11.10.5 L-3 Communication Holding Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Big Ocean Data
ORBCOMM
SAAB Group
Harris Corporation
Echol Tech Pte Ltd.
Garmin International
Wartsila Oyb Abp
CNS Systems AB
Raytheon Company
L-3 Communication Holding
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*If Applicable.