Automatic Identification System (AIS) Market Technology, Size, Trends, Growth by MDL

The market for Automatic Identification Systems (AIS) Market is anticipated to develop steadily at a rate of 5.2% per year from 2021 to 2031, reaching a value of $455.0 million. The expansion of the naval industry, the rise in demand for monitoring and tracking ships at sea, the expansion of international seaborne trade, and the development and adoption of satellite AIS, Big Data analytics, and Internet of Things (IoT) connectivity all contribute to the market's growth.

With the increased commerce in goods and commodities between nations in recent years, the international seaborne trade sector has seen tremendous expansion. To ensure marine safety and security, there is an increasing need for efficient vessel monitoring and tracking systems. By providing real-time data on the position, speed, and identity of vessels, automatic identification systems significantly contribute to improving situational awareness and enabling effective communication and navigation.

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Worldwide efforts at modernisation and expansion of the marine industry are boosting demand for AIS technology. In order to improve their capacities for maritime surveillance, enable better fleet management, and guarantee efficient coordination among naval assets, more and more navies are implementing AIS. Additionally, the market is being further stimulated by technological developments in AIS, such as the incorporation of satellite-based AIS, Big Data analytics, and IoT connection. These developments improve data gathering, analysis, and decision-making, providing insightful information for enhancing maritime operations and safety.

Highlighted with 80 tables and 76 figures, this 152-page report “Global Automatic Identification System (AIS) Market 2021-2031 by Class (Class A, Class B, Base Stations), Component (Transmitters, Receivers, CPU, Displays, Others), Platform (Vessel-based, Onshore-based), Application (Vessel Tracking, Maritime Security, Fleet Management, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global automatic identification system (AIS)  market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global automatic identification system (AIS) market in every aspect of the classification from perspectives of Class, Component, Platform, Application, and Region.

View Report Scope and Latest Developments in the Market: https://www.marketwatch.com/press-release/automatic-identification-system-ais-market-technology-size-trends-growth-and-forecast-research-report-2032-2023-06-04?mod=search_headline

Based on Class, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Class A AIS
  • Class B AIS
  • AIS Base Stations

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Transmitters
  • Receivers
  • Central Processing Units (CPUs)
  • Displays
  • Other Components

By Platform, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Vessel-based Platforms
  • Onshore-based Platforms

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Vessel Tracking
  • Maritime Security
  • Fleet Management
  • Other Applications

Geographically, the following regions together with the listed national/local markets are fully investigated:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Norway, Italy, Netherlands, and Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Spain, Denmark, and Finland)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Egypt, Saudi Arabia, South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Class, Platform and Application over the forecast years are also included.

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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

CNS Systems AB

ComNav Marine Ltd.

Exactearth Ltd.

Furuno Electric Co., Ltd.

Garmin International Inc.

Honeywell International Inc.

Japan Radio Company Ltd.

Kongsberg Gruppen ASA

L3 Technologies Inc.

Orbcomm Inc.

Saab AB

True Heading AB

Wartsila OYJ Abp

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