Automatic Identification System Market

The Automatic Identification System (AIS) can be defined as an automated and autonomous tracking system that is used in the marine sector for the exchange of navigational information between AIS-equipped terminals. Automatic identification systems (AIS) are designed to provide information including the ship’s identity, type, position, course, speed, navigational status, and other safety-related information about the ship to other ships in the vicinity, to nearby equipped shore stations, and coastal authorities automatically. The AIS data is also used for maritime safety planning, resource management, and weather forecasting.

To have an edge over the competition by knowing the market dynamics and current trends of “Automatic Identification System Market,” request for Sample Report here

Rapid globalization, growing world trade, rising marine traffic, along with the growing need for efficient management of marine traffic are some of the major factors driving the growth of the automatic identification system market. Growing demand for safety and coastal surveillance, identification and tracking of vessels, improved navigation, and efficient vessel traffic control are also expected to boost market growth over the forecast period. Additionally, the rising investments by the concerned governments and authorities across the world to integrate automatic identification systems into ships for maximizing marine traffic and trade management and minimizing marine accidents is further supporting the market growth. Moreover, increasing use of automatic identification system in the marine industry for a variety of purposes including collision avoidance, fishery monitoring and control, vessel traffic services, maritime security, ocean race management, navigation, search & rescue, environment rescue, fleet & cargo tracking, and accident investigation are anticipated to propel the growth of the market during the forecast period. However, the high cost of ais technology is expected to restrain market growth over the forecast period.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on the class, the market is segmented into class A AIS, class B AIS, and AIS base stations. The Class A segment is anticipated to grow at a higher CAGR during the forecast period. This is primarily due to the increasing use of class A AIS system by large ships and the mandatory regulation of the International Maritime Organization (IMO) for incorporating automatic identification system on SOLAS (Safety of Life At Sea) vessels. Additionally, Class A AIS system offers benefit of choice for not showing AIS stations of class B on their displays for easing display confusion because of too many yachtsmen. This factor is further stimulating market growth.

Based on the platform, the market is segmented into vessel-based platform and onshore-based platform. The vessel-based platform segment is anticipated to lead the global market owing to its rising adoption in a large number of vessels across the globe and the favorable government mandate for integrating AIS into vessels. Additionally, growing demand for vessel navigation monitoring, vessel traffic management, and monitoring of vessels in sensitive areas are some other factors that are expected to further propel the segment growth during the forecast period.

Based on application, the market is segmented into fleet management, vessel tracking, maritime security, others. Maritime security application segment is anticipated to witness a higher CAGR over the forecast period. This is mainly due to rising incidences of transactional crimes, terrorist attacks, illegal seaborne immigration of drug and arms, piracy threats, and territorial disputes and strong demand to counter these concerns and ensure safety in the marine sector. Moreover, continuous technological advancements, along with growing government concerns towards enhancing maritime safety solutions and services, are escalating the demand for automatic identification system over the forecast period.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Based on the region, North America is expected to lead the automatic identification system market. This is due to the stringent safety protocols and mandates implemented by the government and favorable policies focused on surveillance, monitoring, and enforcement for the protection of its maritime industry in the region. In addition, the extensive marine travel and freight activities in the developed economies of the U.S. and Canada are further boosting the demand for AIS. Moreover, shipping and marine transport companies are highly focused on the adoption of advanced security solutions, thereby, contributing to the growth of the AIS market.

Various notable players operating in the global automatic identification system market include SAAB AB, Furuno Electric Co. Ltd., Exactearth Ltd., Orbcomm Inc., Kongsberg Gruppen ASA, L3Harris Technologies, Inc., Japan Radio Co., Garmin Ltd., CNS Systems, and True Heading AB, among other companies.

Key Developments:

• • In 2020, Exactearth Ltd., one of the leading providers of Satellite-AIS data services, updated the terms related to the original Satellite-AIS Business Agreement (SABA) with L3Harris Technologies, Inc., formed in 2015 that delivers real-time global coverage for maritime vessel tracking through the implementation of 58 advanced maritime payloads. This amendment of agreement between the companies will provide Exactearth Ltd., a reduced and simplified cost structure for Satellite-AIS data services and further strengthen the alliance with L3Harris in delivering advanced high-performance satellite maritime service capabilities to customers around the world.
  • In 2019, Airbus Defence and Space, a division of Airbus S.A.S. launched the latest and enhanced version of OceanFinder, a digital maritime service for detecting, identifying and tracking collaborative, and non-collaborative vessels around the globe. OceanFinder has advanced constellation of optical and radar satellites combined with real-time global Automatic Identification System (AIS) data, to support a broad range of critical applications across defence and security, shipping, oil and gas, and insurance markets. It offers enhanced imagery and AIS data correlation to identify the precise location of a non-responding vessel in near real-time.

The global automatic identification system market has been segmented on the basis of class, platform, application, and regions. Based on the class, the market is segmented into class A AIS, class B AIS, and AIS base stations. Based on platform, the market is segmented into vessel-based platform and onshore-based platform. Based on application, the market is segmented into fleet management, vessel tracking, maritime security, others.

For detailed scope of the “Automatic Identification System Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global automatic identification system market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in automatic identification system market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global automatic identification system market?
  • Which class generated maximum revenues in 2019 and identify the most promising class during the forecast period?
  • What are the various applications of global automatic identification system market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Automatic Identification System Market by Class

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

Global Automatic Identification System Market by Platform

• • Vessel-Based Platform
  • Onshore-Based Platform

Global Automatic Identification System Market by Application

• • Fleet Management
  • Vessel Tracking
  • Maritime Security
  • Others

Global Automatic Identification System Market by Region

• • North America Automatic Identification System Market (Option 1: As a part of the free 25% customization)
    • North America Automatic Identification System Market by Class
    • North America Automatic Identification System Market by Platform
    • North America Automatic Identification System Market by Application
    • US Automatic Identification System Market All-Up
    • Canada Automatic Identification System Market All-Up
  • Europe Automatic Identification System Market (Option 2: As a part of the free 25% customization)
    • Europe Automatic Identification System Market by Class
    • Europe Automatic Identification System Market by Platform
    • Europe Automatic Identification System Market by Application
    • UK Automatic Identification System Market All-Up
    • Germany Automatic Identification System Market All-Up
    • France Automatic Identification System Market All-Up
    • Spain Automatic Identification System Market All-Up
    • Rest of Europe Automatic Identification System Market All-Up
  • Asia-Pacific Automatic Identification System Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Automatic Identification System Market by Class
    • Asia-Pacific Automatic Identification System Market by Platform
    • Asia-Pacific Automatic Identification System Market by Application
    • China Automatic Identification System Market All-Up
    • India Automatic Identification System Market All-Up
    • Japan Automatic Identification System Market All-Up
    • Rest of APAC Automatic Identification System Market All-Up
  • RoW Automatic Identification System Market (Option 4: As a part of the free 25% customization)
    • RoW Automatic Identification System Market by Class
    • RoW Automatic Identification System Market by Platform
    • RoW Automatic Identification System Market by Application
    • Brazil Automatic Identification System Market All-Up
    • South Africa Automatic Identification System Market All-Up
    • Saudi Arabia Automatic Identification System Market All-Up
    • UAE Automatic Identification System Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Automatic Identification System Market All-Up

Global Automatic Identification System Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • SAAB AB
  • Furuno Electric Co. Ltd.
  • Exactearth Ltd.
  • Orbcomm Inc.
  • Kongsberg Gruppen ASA
  • L3Harris Technologies, Inc.
  • Japan Radio Co.
  • Garmin Ltd.
  • CNS Systems
  • True Heading AB