Press release
Automatic Identification System Market Future Forecast and Trend Analysis 2018 With L3 Technologies, Saab, Garmin International, Transas, exactEarth Ltd, Transas, KONGSBERG, ORBCOMM, Japan Radio Company, ComNav Marine Ltd.
The CAGR levels are expected to fluctuate throughout this forecast amount for Automatic Identification System market. The report contains all the corporate profiles of the highest players and makes.The report additionally focuses on market’s definition, classifications, applications and engagements for the Automatic Identification System market and additionally offer with all market’s drivers and restrains that ar derived by SWOT analysis.The report includes Automatic Identification System market shares for global, Europe, North America, Asia pacific and South America. The Global market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025. The Market is expected to reach USD 305 Million by 2025, growing at a CAGR of 5.8% during the forecast period of 2018 to 2025. There ar many recent developments, product launches, joint ventures, merges and accusations by the key market players and makes WHO can dominate the Automatic Identification System market and thus ABC business for the forecast years 2018 to 2025.
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Major Market Competitors/Players: Global Automatic Identification System Market
The global automatic identification system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the major players operating in the global automatic identification system market are
· Saab
· FURUNO ELECTRIC CO., LTD.
· exactEarth.
· ORBCOMM
· Kongsberg Gruppen
· L3 Technologies, Inc.
· Japan Radio Co.
· Garmin Ltd.
Other: CNS Systems, Transas., ComNav Marine Ltd. True Heading AB, Wärtsilä, Jotron AS, FLIR Systems, ACR Electronics, Inc., ONWA Marine Electronics Co. Ltd., Simrad, SRT Marine Systems plc, exactEarth, among others.
This market report characterizes the market patterns and gauge the up and coming openings and dangers of the automatic identification system market in the following 8 years. Automatic identification system (AIS) is a computerized following system generally utilized as a part of the marine for the exchange of navigational enlightening between AIS-prepared terminals. It is utilized on ships for vessel movement administrations .It is a transmission system which works in the vhf portable oceanic band. In the event that AIS isn't introduced or exchanged on the ship t there will be no trade of data.
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Major Market Drivers and Restraints:
· Improved navigation and maritime traffic management
· Better coastal surveillance
· Increasing government regulations to use AIS due to rising safety concerns.
· Difficult to track range and reporting capabilities
Market Segmentation: Global Automatic Identification System Market
· The global automatic identification system market is segmented into
· Class,
· Application,
· Platform
· Geography
· Based on class, the global automatic identification system market is segmented into
· class A AIS
· class B AIS
· AIS base stations
· On the basis of platform, the global automatic identification system market is segmented into
Vessel-Based Platform
Onshore-Based Platform
· On the basis of application, the global automatic identification system market is segmented into
Fleet management
Vessel tracking
Maritime security and other applications
· Based on geography, the global automatic identification system market report covers data points for 28 countries across multiple geographies namely north America & south America, Europe, Asia-Pacific And, Middle East & Africa.
· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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