Industries > Maritime > Automatic Identification System Market Report 2019-2029
Automatic Identification System Market Report 2019-2029
Forecasts by Class (Class A, Class B, & AIS Base Stations), Platform (Vessel-Based and Onshore-Based), Application (Fleet Management, Vessels Tracking, Maritime Security, Other Applications), by Region and Analysis of Leading Companies
Factors Driving the Market Growth:
– Expansion of the maritime industry
The maritime industry’s expansion is significantly growing marine traffic. To guarantee smooth trade and other services facilitation, adequate maritime communication is crucial for all ships and vessels on the water. Vessel-based AIS enables users to monitor marine traffic in actual time, decreasing the likelihood of transit accidents. Due to the growing amount of travelling vessels, there is more concern for the safety of the vessel’s individuals and products, and this has allowed the market to be adopted.
– Increasing government spending in Asia Pacific
The market for automatic identification systems in the Asia-Pacific region is anticipated to have a substantial growth rate. In the Asia-Pacific region, due to the growing amount of vessels, there are high chances of encountering enormous port traffic. Control of port traffic is therefore crucial if appropriate measures are to be implemented. The primary reasons for witnessing development in this region are government spending on marine products and services, rising safety threats, increasing the amount of waterborne transportation and trade, and other monitoring.
Factors Restraining the Market Growth:
– High cost of technology
The high cost of technology has restricted the integration of AIS in vehicles including small fishing vessels, which is expected to hamper the growth of the market to a certain extent.
Market Segmentation 2019-2029:
The Automatic Identification System Market is segmented on Class, Platform, Application, and Regional basis.
Class
– Class A
– Class B
– AIS Base Stations
Platform
– Vessel Based
– Onshore Based
Application
– Fleet Management
– Vessels Tracking
– Maritime Security
– Other Applications
Regional Breakdown
Focused regional forecasts and analysis explore the future opportunities:
– North America
– Europe
– Asia-Pacific
– LAMEA
Competitive Analysis:
– Global automatic identification system competitive environment is expected to be moderate over the period ranging 2019 – 2029 by virtue of limited manufacturers operating in this industry
– The market competition is expected to be on the basis of new product development and product pricing.
Major Market Players:
Orbcomm Inc., Furuno Electric Co. Ltd., Exactearth Ltd., Kongsberg Inc., SAAB Transponder Tech AB, L-3 Communications Holdings Inc., Garmin International Inc., Honeywell International Inc., Raytheon Ltd., and Thales Group.
Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6
Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com
Download sample pages
Complete the form below to download your free sample pages for Automatic Identification System Market Report 2019-2029Related reports
-
Military Airborne Intelligence, Surveillance & Reconnaissance (ISR) Technologies Market Report 2021-2031
The major growth driver for the global military airborne intelligence, surveillance & reconnaissance (ISR) technologies industry has been the rising...Full DetailsPublished: 29 January 2021 -
Hydrographic Survey Equipment Market Report 2019-2029
Factors Driving the Market Growth: – Increasing oil and gas explorations Growing amount of deepwater activities in petroleum field development...Full DetailsPublished: 01 January 1970 -
Military Smart Weapons Market Report 2021-2031
Owing to availability of upgrade kits for conventional weapons, increase in investment in advanced missiles defence systems and interceptor missiles,...Full DetailsPublished: 17 June 2021 -
Port and Marine Security Market Report 2020-2030
Forecast growth for the commercial transport industry for the next two decades will continue to provide challenges for the airport...
Full DetailsPublished: 29 May 2020 -
Military Communication, Navigation & Surveillance (CNS) Market Report 2021-2031
Based on the frequency band, the military radar market is categorized into UHF/VHF, L Band, S-Band, C Band, X Band,...Full DetailsPublished: 17 November 2020 -
Automotive Advanced Driver Assistance Systems (ADAS) Military Vehicles Market Report 2021-2031
Owing to the rise in the number of war threats and injuries, the market for safety features, such as crash...Full DetailsPublished: 21 April 2021 -
Airport Information Systems Market Report 2019-2029
The global airport information system market is expected to grow at a steady rate during the forecast period. Some of...
Full DetailsPublished: 01 January 1970 -
Military Simulation, Modelling and Virtual Training Market Report 2021-2031
The demand for military simulation, modelling and virtual training is expected to grow on account of advancements made in AR,...Full DetailsPublished: 31 August 2021 -
Aviation Test Equipment Market Report 2021-2031
The foundation for effective ground and flight testing in the aviation industry is the development of safe and reliable measurement...Full DetailsPublished: 05 March 2021 -
Civil Aviation Flight Simulation & Simulation Training Market Report 2021-2031
Increasing pilot demand followed by growing aviation industry to drive Civil Aviation Flight Simulation & Simulation Training Market....Full DetailsPublished: 27 May 2021
Download sample pages
Complete the form below to download your free sample pages for Automatic Identification System Market Report 2019-2029
Visiongain Maritime
Visiongain Maritime
Visiongain MaritimeLatest Maritime news
Visiongain Publishes Barge Transportation Market Report to 2031
Factors such as surge in rising agricultural export & import and massive presence of large capacity barges & increasing quality of inland waterways are propelling the market growth.
06 May 2021
Visiongain Publishes Recreational Boats Market Report to 2031
Factors such as government regulations regarding safety features, Companies focusing on reducing delivery and vehicle maintenance cost, increasing awareness and expenditure are some factors driving the recreational boats market.
17 March 2021
Visiongain Publishes Marine Lighting Market Report to 2031
The global marine market is expected to recover at a steady pace, details about which has been provided in the report. However, reaching revenue equivalent to the pre-COVID levels will be a challenge in the near-term according to the visiongain’s estimate.
17 March 2021
Visiongain Publishes Marine Solar Market Report 2021-2031
Although there is a high degree of preference for replacing fossil energy sources by their renewable equivalents aboard ships; the study of developing renewable infrastructures for marine transportation is still in its first steps. Application of solar energy in the marine power system is widely accepted as a promising solution for many countries to develop green ship.
28 January 2021
