Automatic Identification System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Automatic identification systems (AIS) are a very high-frequency navigation safety; this system developed as a collision avoidance tool to enable vessels. Automatic identification systems are continuously transmitting a vessel speed, identity, position, and other relevant information to other vessels and onshore-based coastal authorities. Technological advancements and the necessity of communication or data transfer systems between the vessel and coastal authorities are major driving factors for the growth of the automatic identification system market.

MARKET DYNAMICS

Growing marine traffic and the rising need for monitoring and tracking vessels at sea serve are the significant factors fueling the automatic identification system market growth. However, the high cost associated with the AIS may restraint the growth of the automatic identification system market. Further, an upsurge in demand for better identification systems and need for efficient traffic control are also influencing the automatic identification system market growth during the forecast period.

MARKET SCOPE

The "Global Automatic Identification System Market Analysis to 2031" is a specialized and in-depth study of the automatic identification system industry with a special focus on the global market trend analysis. The report aims to provide an overview automatic identification system market with detailed market segmentation as platform, class, application, and geography. The global automatic identification system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automatic identification system market players and offers key trends and opportunities in the automatic identification system market.

MARKET SEGMENTATION

The global automatic identification system market is segmented on the basis of platform, class, application. On the basis of platform the market is segmented as vessel-based platform, onshore-based platform. On the basis of class the market is segmented as class A AIS, class B AIS, AIS base stations. On the basis of application the market is segmented as fleet management, vessels tracking, maritime security, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automatic identification system market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automatic identification system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting automatic identification system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automatic identification system market in these regions.

MARKET PLAYERS

The reports cover key developments in the automatic identification system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Automatic identification system market are anticipated to lucrative growth opportunities in the future with the rising demand for automatic identification system in the global market. Below mentioned is the list of few companies engaged in the automatic identification system market.
The report also includes the profiles of key automatic identification system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   CNS Systems
  
•   Comar Systems Ltd.
  
•   ComNav
  
•   exactEarth
  
•   Furuno Electric Co. Ltd.
  
•   Japan Radio Co.
  
•   Kongsberg Gruppen
  
•   L3Harris Technologies
  
•   Orbcomm Inc.
  
•   SAAB AB
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Automatic Identification System Report Scope