GLOBAL SATELLITE-BASED VESSEL TRACKING SYSTEM MARKET

INTRODUCTION

The primary role of a VMS (satellite-based vessel monitoring system) is to provide regular reports on the location of a vessel. To receive a signal from a vessel, the vessel tracking system employs satellite technology. A piece of equipment capable of transmitting a signal carrying the essential data must be installed onboard the vessel.

Not all data transmission technology can convey all sorts of data. Vessel tracking contributes to safer paths when a ship may avoid previously unanticipated weather conditions on their path. Among maritime actors and other ships, digital ships employ vessel tracking.

 GLOBAL SATELLITE-BASED VESSEL TRACKING SYSTEM MARKET SIZE AND FORECAST

The Global Satellite-based vessel tracking system market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Globalstar Launches Satellite-Based Maritime Vessel Monitoring SystemGlobalstar offers commercial fishing operators in Latin America a dependable and cost-effective way to meet government-mandated Maritime Vessel Tracking Requirements.

Globalstar, Inc., the world's largest provider of mobile satellite voice and data services to businesses, governments, and individuals, announced today that Globalstar Panama Corp. and leading Simplex data integrator Blue Oceans Satellite Systems Inc. have launched the Skyhawk M9601, a satellite-based global asset tracking and vessel monitoring system (VMS) solution.

The Skyhawk M9601, which is already available, uses the very dependable Globalstar Simplex data network to transmit vessel position, allowing commercial fishing operators to meet government vessel monitoring and tracking requirements from coastal waters to more than 300 miles at sea.

The Skyhawk M9601 delivers real-time GPS position monitoring data to a government-based tracking office via the Globalstar Simplex data network, allowing maritime authorities to follow the whereabouts of commercial fishing vessels operating in restricted waters. When a vessel is discovered to be in restricted seas, it is contacted and given the proper message or directions.

In Panama, the Skyhawk M9601 enables commercial operators to meet the VMS criteria imposed by the government-run Autoridad de Recursos Acuaticos de Panama, or ARAP.

The Globalstar Simplex data offering is a low-cost, one-way satellite data service that allows customers to track maritime-based mobile assets such as commercial fishing vessels, vehicles, trailers, and cargo containers using GPS or other location-based software via satellite modems and integrated back-office management solutions. 

COMPANY PROFILE

• Global Star
• Isro
• Techcrunch
• Marine Insight
• Rolta

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Satellite-based vessel tracking systems are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Satellite-based vessel tracking system and key vendor selection criteria
3. Where is the Satellite-based vessel tracking system manufactured? What is the average margin per unit?
4. Market share of Global Satellite-based vessel tracking system market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Satellite-based vessel tracking system in-house
6. key predictions for next 5 years in Global Satellite-based vessel tracking system market
7. Average B-2-B Satellite-based vessel tracking system market price in all segments
8. Latest trends in Satellite-based vessel tracking system market, by every market segment
9. The market size (both volume and value) of the Satellite-based vessel tracking system market in 2023-2030 and every year in between?
10. Production breakup of Satellite-based vessel tracking system market, by suppliers and their OEM relationship