North America Vessel Monitoring System Market to Grow at a CAGR of 13.9% During the Period 2024-2032, Driven by Need for Greater Monitoring of Vessels to Curb Illegal Activity

The North America Vessel Monitoring System market is expected to be driven by the need for greater levels of monitoring, control, and surveillance (MCS) of vessels. The ability of vessel monitoring systems to aid law enforcement and facilitate calls for help are expected to help market growth. Further, advanced features offered by modern systems are likely to boost market growth. However, higher costs may hinder market growth. Vessel monitoring systems are used by fisheries authorities, coastguards and navies for surveillance, search and rescue, resource management and fisheries control.

The OmniCom Vessel Monitoring System (VMS) beacon, features the PRISMA software platform, and offers fishing vessels complete regulatory compliance with MetOcean’s maritime technology. Omnicom VMS is NOAA certified, and has twenty years of “on the water” experience. The fleet is consistently connected with OmniCom’s dual Satellite/Cellular communications technology that automatically switches to the least cost option, according to location. Omnicom VMS provides lower power consumption, safe communications, 10” ruggedized touchscreen tablet, and Windows applications for a comprehensive, simple-to-use, end-to-end VMS solution that traces vessel movement for crew safety, fisheries compliance and enforcement. The system offers end-to-end vessel monitoring, is ruggedised for marine environments, and has geofencing for compliance, exhibits significant operational Efficiency, and possesses integrated safety and security features. Such solutions are likely to boost the North America Vessel Monitoring System market. Further, SOS button is readily accessible to alert authorities in emergency situations.

Currently, it is relatively difficult to monitor small boats because of the cost, installation, energy and fidelity of vessel monitoring systems (VMS). Most governments tend to track larger vessels; conventional systems to monitor fleets are installed on medium to large vessels, and usually use Satellite Communication or AIS. Satellite is expensive and AIS too is limited. REMORA developed an economic IoT geolocalization device and through the Fishing Data Platform analyzed where the boats were fishing; cross analysis was used to determine the type of boat, the permit given, and the fuel being granted, if applied. REMORA presented a technologically significant advantage through three main characteristics - communication, installation, and energy. REMORA used passive GSP, a plug-play installation, and self-energy generation.

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ZenVMS offers regulated fishing vessels a turnkey and simple-to-use solution compliant with VMS regulations and purpose-built for commercial and for-hire fishermen. ZenVMS offers fishing professionals two antenna options. The box includes paddle antennas for fiberglass vessels and those without impedance, and a dual-purpose external antenna that enables installation of the ZenVMS unit in a space that works for the user while offering excellent reception.

Key Findings of the Report:

• The North America Vessel Monitoring System market is expected to be driven by the need to monitor and regulate vessel activity to minimize violations of the law.

• Advanced solutions are expected to drive market growth.

Market Analysis by Vessel Type, Application and Country:

• By vessel type, the market is segmented into Fishing Vessel, Cargo Vessel, Service Vessel, Passenger Ships and Ferries, and Others.

• By application, the market is divided into Fisheries Management, Surveillance, and Others.

• By country, the market is classified into United States, Canada, and Mexico.

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