Top Players in the Vessel Traffic Management Market: Leading Solutions & Technologies
Author : Alisha | April 3, 2025
The vessel traffic management market plays an essential role in ensuring maritime safety, efficiency, and regulatory compliance. The increase in global shipping volumes makes advanced traffic management systems crucial for monitoring vessel movements, reducing collision risks, and improving port operations. These systems integrate radar, GPS, AIS (Automatic Identification Systems), and real-time data analytics to enhance navigational safety. According to Kings Research, the global vessel traffic management market will reach USD 12.9 billion by 2031, drive by increasing maritime trade and the growing demand for enhanced port security in major shipping hubs. This blogs explores the top companies leading the vessel traffic management market, offering cutting-edge technologies and solutions to streamline global maritime operations.
How Vessel Traffic Management Works?
Vessel traffic management is a crucial system for ensuring safe and efficient maritime navigation. It relies on radar, the Automatic Identification System (AIS), and advanced communication networks to monitor and manage vessel movements. Real-time data is analyzed in control centers to identify potential risks, allowing operators to provide essential guidance. This guidance encompasses routing, collision avoidance, and port entry procedures. To further streamline vessel flow in congested waterways, traffic separation schemes are implemented.
Moreover, alerts are issued to warn ships about potential hazards like adverse weather and high traffic density. Digital platforms enhance decision-making and operational efficiency by integrating diverse data sources. Robust coordination between port authorities, coastal stations, and maritime operators strengthens response mechanisms. The implementation of vessel traffic management systems reduces delays, prevents accidents, and optimizes overall maritime operations.
10 Leading Companies & Their Offerings in the Vessel Traffic Management Market
1. Marlan Maritime Technologies
Marlan Maritime Technologies is a leading player in the vessel traffic management market that specializes in innovative vessel tracking and coastal surveillance solutions. The company’s radar-based traffic management systems provide enhanced situational awareness, enabling real-time monitoring of ship movements in busy waterways. Marlan also integrates AI and machine learning for predictive analytics, improving navigation efficiency and safety.
2. Elcome International LLC
Elcome International is a leading provider of maritime communication, navigation, and traffic management systems. The company delivers vessel traffic services (VTS), radar solutions, and integrated monitoring platforms to enhance port security and vessel coordination. Elcome also offers remote maintenance support and digital transformation services for maritime operators.
In April 2023, Elcome International secured a contract to supply and install Saab's advanced Vessel Traffic Management Information System (VTMIS) for AD Ports Group. This initiative includes key ports such as Khalifa Port, Zayed Port & Free Port, and Musaffah Port, in the middle east region.
3. Xanatos Marine Ltd.
Xanatos Marine is a key player in the vessel traffic management market that specializes in intelligent vessel tracking and monitoring solutions. Its advanced vessel traffic management systems (VTMS) use real-time data analytics, radar integration, and long-range identification systems to improve maritime domain awareness. The company’s solutions are widely adopted by port authorities and coast guards for effective traffic control and risk mitigation.
In February 2024, Xanatos Marine Ltd. collaborated with the Subic Bay Metropolitan Authority (SBMA) in the Philippines to establish a new Vessel Traffic Management System (VTMS). This new VTMS will allow SBMA to enhance port management efficiency, safety, and security at the Subic Bay Freeport Zone.
4. KONGSBERG
KONGSBERG is a leading provider of maritime technology, offering sophisticated vessel traffic management solutions that integrate radar, AIS, and satellite-based tracking. The company’s digital platforms provide high-resolution mapping, collision avoidance alerts, and automated vessel movement analysis, enhancing operational efficiency for ports and coastal authorities.
In April 2024, Kongsberg secured a contract from the Maritime and Port Authority of Singapore (MPA). Under this contract Kongsberg will collaborate with Tidalis B.V. and Wartsila Singapore Pte. Ltd. to develop AI-enabled Next Generation Vessel Traffic Management System (NGVTMS) prototypes.
5. TOKYO KEIKI
TOKYO KEIKI is a key player in the vessel traffic management market, providing radar-based navigation and traffic control systems. The company’s solutions enable precise tracking of vessels, supporting safe navigation in congested waters. TOKYO KEIKI’s expertise in maritime electronics ensures high accuracy in vessel monitoring and collision prevention.
6. Thales
Thales is a leader in maritime surveillance and security, offering advanced vessel traffic management systems that integrate AI, sensor fusion, and cybersecurity features. Its solutions support both civilian and military maritime operations, providing real-time tracking, predictive analytics, and automated response mechanisms for enhanced situational awareness.
7. TERMA
TERMA is a leading player in the vessel traffic management market that specializes in coastal surveillance and vessel tracking systems, providing radar and sensor-based solutions to improve maritime security. Its vessel traffic management technology ensures efficient coordination of ship movements, optimizing port operations and minimizing navigational hazards. TERMA’s systems are widely used by naval forces, port authorities, and offshore platforms.
In February 2025, Terma signed a 5-year agreement with the Port of London Authority (PLA) to upgrade its Vessel Traffic Service (VTS) radars. This includes replacing outdated radars with advanced SCANTER systems, improving maritime surveillance, and ensuring better vessel traffic management.
8. Northrop Grumman
Northrop Grumman delivers cutting-edge maritime traffic management solutions, integrating satellite communication, radar tracking, and AI-driven analytics. The company’s vessel monitoring systems are designed for both commercial shipping and naval defense applications, ensuring real-time situational awareness in critical waterways.
9. L3Harris Technologies, Inc.
L3Harris is a key player in the vessel traffic management market, offering comprehensive monitoring solutions for global maritime operations. Its systems utilize high-frequency radar, satellite tracking, and encrypted communication to enhance vessel coordination and security. L3Harris also provides AI-powered analytics for predictive navigation and risk assessment.
10. Hensoldt AG
Hensoldt AG specializes in high-performance surveillance and traffic management solutions for the maritime sector. The company’s vessel tracking systems incorporate advanced radar technology, optical sensors, and AI-driven analytics, ensuring precise monitoring of ship movements in congested ports and open seas.
Conclusion
The vessel traffic management market is driven by technological advancements in real-time monitoring, AI-based analytics, and integrated navigation systems. Companies like KONGSBERG, Thales, and Northrop Grumman are at the forefront of innovation, enhancing maritime safety and efficiency. As global shipping demands grow, the adoption of intelligent vessel tracking solutions will continue to shape the future of maritime navigation and port operations.