Automatic Identification System Market 2019 With Opportunities and Business Analysis By Transas, L3 Technologies, ComNav Marine, Saab, Wärtsilä, Garmin International, Japan Radio Company, Kongsberg Maritime, ORBCOMM, Furuno USA, Inc. , Lab.gruppen

The automatic identification system market is expected to reach USD 305 Million by 2025, growing at a CAGR of 5.8% during the forecast period By 2025.

The automatic identification system market research report uncovers genuine and far reaching assessment of worldwide automatic identification system industry considering piece of the overall industry, measure, development force, degree, and gainfulness. The report offers an examination of different core factors, for example, main impetuses, financial conditions, market elements, and other outside variables that profoundly impact the worldwide automatic identification system market. The report principally contains solid figure investigation of the market up to 2026 which has been inferred through a significant research over a wide span of time.

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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. 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.

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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, and by 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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