Press release
Satellite-based Automatic Identification Systems Market: Americas Dominated the Market, where North America Accounted for Almost 37% of the Overall Regional Revenue
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
The S-AIS is a very high-frequency automatic vessel tracking system that provides location information to ships and shore stations through electronic exchange of data regarding position, identification, course, and speed. AIS enables two-way communication between coastal authorities and several vessels using satellite communication technology.
The Class A transponder segment will dominate the market during the forecast period. Much of this segment’s growth is primarily due to the ability of these transponders to transmit information more frequently and detect vessels even in dense areas. Several commercial vessels carrying expensive commodities are installing Class A transponders to achieve high traceability and better monitoring and controlling features. The increase in the number of larger vessels in maritime traffic and decrease in the price of transponders will augment the growth of this segment during the forecast period.
During 2017, the Americas dominated the market, where North America accounted for almost 37% of the overall regional revenue. The primary reason for this region’s growth is due to the increasing development of AIS solutions for the US national defense. The AIS applications help in storm and hurricane disaster management and in volcano monitoring, which is highly critical in this region. The implementation of big data analytics services will boost the market for AIS in the region over the next four years.
In 2018, the market size of Satellite-based Automatic Identification Systems is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Satellite-based Automatic Identification Systems.
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In United States, European Union and China market, the following companies are covered:
ExactEarth
Iridium Communications
Orbcomm
Saab AB
Thales
New JRC
Furuno Electric
Garmin International
Raytheon
L-3 Communications
Kongsberg
Raymarine
Maritec
Market Segment by Product Type
Class A Transponder
Class B Transponder
Market Segment by Application
Defense
Intelligence and Security
Search and Rescue
Other
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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