Automatic Identification Systems Market Overview
Automatic Identification System Market Size is anticipated to reach USD 374.99 Million by 2030, registering a CAGR of 6.5% during 2022-2030.
A tracking system, such as an automated identification system (AIS), could be used to share the whereabouts of nearby vessels. Broadcast transponder system, or AIS as it is more often known, is a technology that uses the VHF mobile marine frequency range. There is a method for monitoring on the ground. This data is gathered by shore stations, satellites, and ships, enabling the equipped ships to locate other ships in the vicinity.
One of the primary drivers of the automatic identification system market’s expansion is the increase in global trade and ship traffic. Another significant element driving rise in demand for automatic identification systems is the rising need for vessel safety and security, which is linked with rising demand for effective traffic control and management systems. Rapid globalisation, or, to put it another way, the integration and interconnectedness of the nations, is also to blame for the surge in demand for automatic identification systems. The market for automatic identification systems will see additional, profitable growth prospects as a result of ongoing technical developments in navigation and maritime traffic management systems.
To track the movements of ships and prevent collisions, maritime traffic service providers use automatic identification systems. Information like unique identification, course speed, and vessel position are all provided by the automatic identification systems. The screen shows this data, which adds to the marine radar’s capabilities. The usage of transceivers on ships is incorporated into the automatic identifying system. Transceiver-equipped vessels are simple to observe. Naturally, there cannot be a communication of information if automatic identification systems are improperly installed or if they are turned off. It must therefore always be on, with the exception of certain emergencies.
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Segmentation:-
Global Automatic Identification Systems Market: Top Key Players
Orbcomm Inc
Japan Radio Company Ltd
Furuno Electric
Kongsberg Gruppen ASA
Garmin International
SAAB AB
L-3 Communication Holdings Inc
Exactearth
CNS Systems AB
Kongsberg Gruppen ASA
Global Automatic Identification Systems Market: By Types
AIS Class A
AIS Class B
Global Automatic Identification Systems Market: By Applications
Passenger Ships
Tankers
Other Ships
Key Indicators Analysed
Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2021 & Sales by Product Types.
Global and Regional Analysis: The report includes Global & Regional market status and outlook 2022-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.
Analysis by Product Type: The report covers majority Product Types in the Process Fluid Industry, including its product specifcations by each key player, volume, sales by Volume and Value (M USD).
Markat Analysis by Application Type: Based on the Process Fluid Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.
Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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