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Automatic Identification System Market 2025 International Trends By Key Players –L3 Technologies, Garmin International, Saab, Wärtsilä, Transas, exactEarth Ltd, Japan Radio Company, Kongsberg Maritime, ComNav Marine Ltd. , ORBCOMM, Lab.gruppen, Furuno

11-01-2018 03:42 PM CET | Logistics & Transport

Press release from: Data Bridge Market Research

Automatic Identification System Market

Automatic Identification System Market

Market report prediction information on ratios of market size and growth to markets, GDP, expenditure per capita, the automatic identification system indicators comparison. Facilitate with information segmentations on country and regional historic and forecast information, market share of competitors, automatic identification system market segments. Offer sourcing and referencing on information and analysis throughout the report is sourced victimization finish notes. It facilitate higher cognitive process on the idea of historic and forecast information and therefore the drivers and restraints on the market.

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The Global Automatic Identification System 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. The Automatic Identification System market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025. 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.

· CNS Systems

· Transas.

· ComNav Marine Ltd.

· True Heading AB

· Wärtsilä

Others: Jotron AS, FLIR Systems, ACR Electronics, Inc., ONWA Marine Electronics Co. Ltd., Simrad, SRT Marine Systems plc, exactEarth, among others. 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. The report includes market shares of automatic identification system market for global, Europe, North America, Asia pacific and South America.

The AIS on board must be switched on all the time until being asked to turn off for security reasons or anything else. The working mode of AIS is continuous and autonomous. AIS consists of a transponder system through which ships constantly transmit their id, position, course, speed and other data over vhf. This information is further used by other ships to track their movements and by coast stations for coastal surveillance and vessel traffic management. There are various regulation in this market for instance, in 2007 international marine organization (IMO) announced that AIS has to be tailored in all ships of 300 gross tonnage, cargo ships of 500 gross tonnage and all passenger ships regardless of size and this became operative for all ships by December 2004.


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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
• 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.


Opportunities of the report

· Detailed overview of the automatic identification system market

· Key developments and product launches in the market

· Key parameters which are driving the automatic identification system market

· Recent industry trends and developments

· Market penetration: comprehensive information on the product portfolios of the top players in the automatic identification system market


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