In the history, harbor controlled radar was developed in order to increase the efficiency of waterways. With the rapid growth in the marine industry, the safety and security at harbors were difficult to achieve. To resolve this problem, many systems were developed like radio-communications, navigation rules, electronic chart systems and identification systems. Then came the evolution of maritime traffic management system. These systems were needed in order to manage, plan and supervise the traffic on road, air and ports. At present, the maritime traffic management systems are used to manage traffic on ports, harbor and coastal areas in order to increase the safety and security of materials and humans.
North America is expected to the largest market of Maritime Traffic Management System.

Market Analysis and Insights: Global Maritime Traffic Management System Market
The global Maritime Traffic Management System market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Maritime Traffic Management System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Maritime Traffic Management System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Maritime Traffic Management System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Maritime Traffic Management System market.

Global Maritime Traffic Management System Scope and Market Size
Maritime Traffic Management System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Maritime Traffic Management System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Hardware
Software Platform
Support Services

Segment by Application
Port Security
Waterways Traffic Management
Coastal Surveillance
Navigation Management
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
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

By Company
Saab
Thales Group
Lockheed Martin
Transas Marine
Marlan Maritime Technologies
Arlo Maritime
Frequentis
Ericsson
Elcome International
Xanatos Marine