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North America Vessel Monitoring System Market Size, Trends: By Vessel Type: Fishing Vessel, Cargo Vessel, Service Vessel, Passenger Ships and Ferries, Others; By Application: Fisheries Management, Surveillance, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
North America Vessel Monitoring System Market Outlook
The North America vessel monitoring system market size is estimated to grow at a CAGR of 13.9% between 2024 and 2032.
Key Takeaways:
- As per NOAA, the US VMS supports law enforcement, preventing violations through targeted patrols in high-risk zones, with over 4,000 vessels monitored 24/7.
- Sophisticated navigation techs like GPS and radar enhance vessel tracking, cut fuel use, and streamline routes. Robotics and big data analysis boost efficiency, thus, driving the North America vessel monitoring system market growth.
- In 2021, the Marine Economy Satellite Account, a collaboration of NOAA and the U.S. Bureau of Economic Analysis, noted a 7.4% increase in its GDP contribution.
As per the National Oceanic and Atmospheric Administration (NOAA), the vessel monitoring system (VMS) is primarily employed for satellite surveillance, focusing on tracking the movements and positions of commercial fishing vessels. This system relies on satellite-based communication facilitated by transceiver units installed on board-specific vessels, which are mandated to carry them. These transceiver units transmit periodic position reports containing details such as vessel identification, time, date, and location. Subsequently, this data is mapped and presented on the user's computer interface.
As per the North America vessel monitoring system market report, under normal circumstances, vessels transmit position reports at hourly intervals. However, the frequency of these transmissions may be adjusted as vessels approach environmentally sensitive areas, potentially increasing the intervals. In instances where a vessel's location prompts concerns or necessitates further examination, alerts can be dispatched to VMS technicians and relevant personnel to initiate additional inquiries or communication with the vessel operator.
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Key Trends and Developments
The North America vessel monitoring system market growth is driven by an increasing focus on curbing illegal marine activities, a growing marine economy, and government initiatives.
| Date | Event | Details |
| October 2023 | Philippines-Canada Pact | Agreement signed for Ottawa to assist Manila in monitoring coastal and open waters using Canadian satellite surveillance technology to enhance maritime monitoring capabilities in the region. |
| October 2023 | Canada implemented UNSCRs resolutions | Canada conducted monitoring and surveillance operations targeting illicit maritime activities, including the transfer of goods between ships at sea. This effort ensured the effective implementation of relevant UNSCRs resolutions. |
| July 2023 | Barnacle Systems Inc. Equips Canadian Coast Guard | Oak Bay's Barnacle Systems Inc. equipped the Canadian Coast Guard with Rapid Deploy devices for nationwide monitoring of abandoned boats, enhancing Canada's capabilities for monitoring and managing maritime assets and activities within its waters. |
| March 2023 | Joint Coast Guard Operation | A joint coast guard operation between Seychelles and the United States successfully apprehended an illegal fishing vessel carrying dolphin meat, highlighting international cooperation in combating illegal fishing activities and protecting marine resources. |
| Trends | Impact |
| Illegal marine activities | The rising instances of criminal/illegal activities at sea, such as illegal fishing and cruelty to marine life, are driving the North America vessel monitoring system market. These systems aid in managing sensitive and protected areas like marine sanctuaries by preventing commercial fishing vessels from violating laws and regulations aimed at safeguarding marine life. |
| Growing marine economy | In 2021, the Marine Economy Satellite Account, a collaboration between NOAA and the U.S. Bureau of Economic Analysis, reported a 7.4% rise in the marine economy's GDP contribution and a 10.5% increase in sales. The ocean presents substantial economic opportunities, driving demand for vessel monitoring due to heightened illegal activities. |
| Rapid advancements in technology | Sophisticated navigation technologies like GPS and radar enhance vessel tracking accuracy and streamline route planning, cutting fuel usage and travel durations. Robotics and automation accelerate tasks, lower errors, and mitigate risks. |
| Government initiatives | The VMS program aids law enforcement efforts and deters law and regulation breaches by enabling targeted patrols in high-risk areas. With over 4,000 vessels monitored, it's the world's largest national VMS fleet, operating 24/7 with exceptional accuracy. |
North America Vessel Monitoring System Market Trends
The integration of state-of-the-art technologies like artificial intelligence (AI) and machine learning (ML) into advanced ship monitoring software is increasing, with the aim to provide superior insights for research and development. This software extends beyond maritime use, seamlessly integrating with ground, airborne, or drone platforms.
As per the North America vessel monitoring system market analysis, it helps authorities identify vessels and detect illegal fishing activities, assisting in monitoring and tracking unauthorised vessels breaching national borders. With continuous technological progress, vessel monitoring software now includes features such as surface temperature monitoring, traffic management, satellite communication, and real-time weather forecasting.
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Market Segmentation
North America Vessel Monitoring System Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
| Market Breakup | Categories |
| Vessel Type | Fishing Vessel, Cargo Vessel, Service Vessel, Passenger Ships and Ferries, Others |
| Application | Fisheries Management, Surveillance, Others |
| Country | United States, Canada |
Based on vessel type, North America vessel monitoring system market share is led by fishing vessels
The increased prominence of the automatic identification system (AIS) as an independent tool for monitoring fishing activities is a major catalyst for this sector, offering improved efficiency and safety.
Moreover, the integration of vessel monitoring systems in passenger ships and ferries is on the rise, aimed at minimising collisions and enhancing passenger safety by providing better awareness of vessel positions, thereby stimulating segment expansion in the coming years.
The enhancement of the North America vessel monitoring system market is driven by its utilisation in fisheries management
A fishing vessel monitoring system is a fisheries surveillance program wherein equipment installed on fishing vessels offers details about their location and operations. It improves safety in navigation, operational effectiveness, transparency, and security within the maritime sector, aiding the vessel monitoring system market in North America.
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Competitive Landscape
Companies are constantly adapting to the changing activities in the marine sector and government initiatives and regulations to stay ahead in the market.
| Company | Year Founded | Headquarters | Focus and Services |
| CLS | 1986 | France, Europe | Safeguarding marine resources and advancing the Blue Economy. Data, expertise, software, hardware, and value-added services for sustainable management |
| ZenVMS | - | Florida, United States | User-friendly solutions for regulated fishing vessels and commercial or for-hire fishermen. Efficient online activation and support services |
| MetOcean Telematics | 1984 | Nova Scotia, Canada | Satellite communications. Handsets, hardware, vessel tracking, military communication equipment, ice tracking, weather and subsurface monitoring devices, and data services |
| Pole Star Space Applications | 1998 | London, United Kingdom | Fleet management, ship security, and fisheries monitoring systems for the maritime sector. Dependable and inventive solutions for global monitoring and management of assets |
Other key players in the vessel monitoring system market in North America are OrbitMI, Inc., ROM Communications Inc., Market Spectrum, Inc., and Addvalue Technologies among others.
North America Vessel Monitoring System Market Analysis by Country
The vessel monitoring system market in the United States is thriving, driven by the surveillance of both fishing and commercial vessels. Further, the rise in fish and fish product consumption within the United States contributes to the North America vessel monitoring system market development.
U.S. ANNUAL PER-CAPITA CONSUMPTION OF FISH AND SHELLFISH, IN POUNDS, 2016-2020
Fisheries and Oceans Canada's National Vessel Monitoring System, which relies on satellite technology for near real-time positional tracking, is experiencing growth during the forecast period.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Vessel Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Vessel Monitoring System Market Overview
8.1 Key Industry Highlights
8.2 Global Vessel Monitoring System Historical Market (2018-2023)
8.3 Global Vessel Monitoring System Market Forecast (2024-2032)
8.4 Global Vessel Monitoring System Market by Country
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Vessel Monitoring System Market Overview
9.1 Key Industry Highlights
9.2 North America Vessel Monitoring System Historical Market (2018-2023)
9.3 North America Vessel Monitoring System Market Forecast (2024-2032)
10 North America Vessel Monitoring System Market by Vessel Type
10.1 Fishing Vessel
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cargo Vessel
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Service Vessel
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Passenger Ships and Ferries
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 North America Vessel Monitoring System Market by Application
11.1 Fisheries Management
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Surveillance
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Others
12 North America Vessel Monitoring System Market by Country
12.1 United States
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Canada
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 OrbitMI, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 ZenVMS
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 MetOcean Telematics
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Pole Star Space Applications
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 ROM Communications Inc
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Market Spectrum, Inc
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 CLS
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Addvalue Technologies
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Vessel Monitoring System Market: Key Industry Highlights, 2018 and 2032
2. North America Vessel Monitoring System Market: Key Industry Highlights, 2018 and 2032
3. North America Vessel Monitoring System Historical Market: Breakup by Vessel Type (USD Million), 2018-2023
4. North America Vessel Monitoring System Market Forecast: Breakup by Vessel Type (USD Million), 2024-2032
5. North America Vessel Monitoring System Historical Market: Breakup by Application (USD Million), 2018-2023
6. North America Vessel Monitoring System Market Forecast: Breakup by Application (USD Million), 2024-2032
7. North America Vessel Monitoring System Historical Market: Breakup by Country (USD Million), 2018-2023
8. North America Vessel Monitoring System Market Forecast: Breakup by Country (USD Million), 2024-2032
9. North America Vessel Monitoring System Market Structure.
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 13.9% between 2024 and 2032.
The vessel monitoring system market is growing with increasing demand with illegal marine activities, a growing marine economy, rapid advancement in technology and government initiatives.
Based on the vessel type, the market is divided into fishing vessels, cargo vessels, service vessels, passenger ships and ferries and others.
Key players in the arket are OrbitMI, Inc., ZenVMS, MetOcean Telematics, Pole Star Space Applications, ROM Communications Inc., Market Spectrum, Inc., CLS, and Addvalue Technologies among others.
Based on application, the vessel monitoring system market is divided into Fisheries Management, Surveillance and Others.
The market by country is the United States of America and Canada.
The primary goal of a vessel monitoring system is to deter illicit or unlawful activities at sea.
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