Automatic Identification System Market: Real-Time Vessel Tracking By 2031 | Most Leading Companies - Orbcomm Inc, Furuno Electric Co. Ltd, Exactearth Ltd, Kongsberg Gruppen ASA, SAAB Transponder Tech AB

Global Automatic Identification System Market reached US$ 410.2 Million in 2022 and is expected to reach US$ 689.4 Million by 2030, growing with a CAGR of 7.7% during the forecast period 2024-2031.

Automatic Identification System Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Automatic Identification System (AIS) is a maritime communication system that automatically broadcasts a vessel's location, speed, course, and other navigational data to nearby ships and coastal authorities. Originally developed for collision avoidance, AIS enhances maritime safety, security, and traffic management by enabling real-time vessel tracking using VHF radio signals and satellite-based systems.

List of the Key Players in the Automatic Identification System Market:

Orbcomm Inc, Furuno Electric Co. Ltd, Exactearth Ltd, Kongsberg Gruppen ASA, SAAB Transponder Tech AB, L-3 Communications Holdings Inc., Garmin International Inc, Honeywell International Inc, Raytheon Ltd. and CNS Systems AB.

Industry Development:

In June 2022, the Singapore Maritime Institute (SMI) and the National Research Foundation Singapore launched the Rightship Maritime Artificial Intelligence (RMAI) R&D partnership to advance AI-driven vessel risk profiling. As part of this initiative, Rightship announced a research grant of up to US$4.5 million, aimed at supporting over 80 Singapore-based AI professionals through a potential collaborative proposal.

Also in June 2022, Accelleron-formerly known as ABB Turbocharging-entered into two new data analytics collaborations with Hoppe Marine and Danelec Marine. The partnership with Danelec will integrate Accelleron's Tekomar XPERT marine performance analysis system with DanelecConnect, a maritime IoT solution, enabling real-time operational data insights.

Earlier in May 2022, during the Tokyo Summit, QUAD leaders unveiled plans to initiate a maritime security partnership. This initiative aims to enhance surveillance of illegal fishing, unregistered or "black" ships, and other low-visibility maritime activities. It will enable member nations to monitor "dark shipping" and tactical operations such as sea-based rendezvous.

Research Process:

Both primary and secondary data sources have been used in the global Automatic Identification System Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Automatic Identification System Market:

By Class: Class A, Class B, AIS Base Station

By Platform: Vessel Based, Onshore Based

By Application: Fleet Management, Vessel Tracking, Maritime Security, Others

Regional Analysis for Automatic Identification System Market:

The regional analysis of the Automatic Identification System Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Automatic Identification System market?

➠ Who are the leading manufacturers in the global Automatic Identification System industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Automatic Identification System industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Automatic Identification System market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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