Uploaded on Mar 2, 2022
Data Bridge Market Research analyses that the automatic identification system market will exhibit a CAGR of 4.50% for the forecast period of 2021-2028
Automatic Identification System Market Industry Trends, SWOT Study and Forecast to 2028
Automatic Identification System Market Industry
Trends, SWOT Study and Forecast to 2028
Automatic Identification System Market, By Class (Class A AIS, Class B AIS and AIS Base
Stations), Platform (Vessel-Based Platform and Onshore-Based Platform), Application
(Fleet Management, Vessel Tracking, Maritime Security, Ocean Rate Management and
Others), Industry Trends and Forecast to 2028
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Market Analysis and Insights
Data Bridge Market Research analyses that the automatic identification system market
will exhibit a CAGR of 4.50% for the forecast period of 2021-2028. Rising demand for
efficient and effective coastal surveillance systems, rising safety concerns and increasing
regulations imposed by the government for the application of automatic identification
system are the major factors attributable to the growth of automatic identification
system market. This means that the automatic identification system market value would
stand tall by USD 377.07 million by the year 2028.
Automatic identification systems are used by vessel traffic service providers to monitor
the track of ships and avoid any kind of collision. The automatic identification systems
provide information such as unique identification, course speed and vessel position. This
information gets displayed on the screen and further supplements the marine radar.
Automatic identification system incorporates the use of transceivers on the ships. The
vessels that are fit with transceivers are easy to monitor.
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Major Key Players
Some of the major players operating in this market are :
• Saab
• FURUNO ELECTRIC CO., LTD
• exactEarth.
• ORBCOMM, KONGSBERG
• L3Harris Technologies, Inc.
• Japan Radio Co.
• Garmin Ltd.
• CNS Systems
• Wärtsilä
• COMNAV
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Market Segmentation
• By Class (Class A AIS, Class B AIS and AIS Base Stations)
• By Platform (Vessel-Based Platform and Onshore-Based Platform)
• By Application (Fleet Management, Vessel Tracking, Maritime Security,
Ocean Rate Management and Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
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