Global Automatic Identification Systems Strategic Business Report 2023: Diverse Application Areas Promise Growth of the AIS Market


Dublin, July 03, 2023 (GLOBE NEWSWIRE) -- The "Automatic Identification Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Automatic Identification Systems estimated at US$250 Million in the year 2022, is projected to reach a revised size of US$392.7 Million by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.

Class A, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$193.5 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Class B segment is readjusted to a revised 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $79.4 Million, While China is Forecast to Grow at 7.4% CAGR

The Automatic Identification Systems market in the U.S. is estimated at US$79.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$60.1 Million by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Select Competitors (Total 155 Featured) -

  • C.N.S. Systems AB
  • ComNav
  • exactEarth Ltd.
  • Furuno Electric Co., Ltd.
  • Garmin Ltd.
  • Honeywell International Inc.
  • Jotron AS
  • Kongsberg Gruppen ASA
  • Onwa Marine Electronics Co. Ltd.
  • ORBCOMM, Inc.
  • SAAB AB
  • SRT Marine Systems plc
  • Teledyne FLIR LLC
  • True Heading AB

Key Attributes:

Report AttributeDetails
No. of Pages622
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$250 Million
Forecasted Market Value (USD) by 2030$392.7 Million
Compound Annual Growth Rate5.8%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Automatic Identification Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • AIS Market to Come Out from Sea of Challenges Brought by COVID-19 Pandemic
  • Impact of Pandemic on Underwater Sound Levels
  • An Introduction to Automatic Identification Systems (AIS)
  • Global Market Prospects & Outlook
  • AIS-Powered Nowcasts for Effective Tracking of Seaborne Trade to Open New Avenues for AIS Technology
  • Inconsistent Data Quality Remains Key Restraint for AIS Market
  • Analysis by Class
  • World Automatic Identification Systems Market by Class (2021 & 2027): Percentage Breakdown of Sales for Class A, Class B, and AIS Base Stations
  • Analysis by Platform Type
  • World Automatic Identification Systems Market by Platform (2021 & 2027): Percentage Breakdown of Sales for Vessel-based, and Onshore-based
  • Analysis by Application
  • World Automatic Identification Systems Market by Application (2021 & 2027): Percentage Breakdown of Sales for Maritime Security, Vessel Tracking, Fleet Management, and Other Applications
  • Regional Analysis
  • World Automatic Identification Systems Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
  • World Automatic Identification Systems Market - Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Rest of World, USA, Europe, Canada, and Japan
  • India for Inclusion of AIS-Related Clauses in its New Maritime Contracts
  • Recent Market Activity
  • Select Global Brands
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Diverse Application Areas Promise Growth of the AIS Market
  • AIS and CAS Gain Traction in Maritime Applications
  • Positive Outlook for Maritime Transport to Augment Growth of AIS Market
  • AIS Becomes New Norm in Maritime Industry for Real-Time Vessel Tracking
  • Rising Commercial & Recreational Maritime Activity: Opportunity Indicator for AIS
  • World Seaborne Trade (in Billions of Cargo Ton Miles) for the Years 2015, 2017 and 2019
  • World Cruise Passengers (in Millions) for the Years 2010, 2015 and 2019
  • Steady Growth in Seaborne Trade Volumes Drives Demand for Automatic Identification System
  • Seaborne Trade Outlook: Projected Seaborne Trade Volume in Billion Tons for the Years 2020, 2025, 2030 and 2035
  • Rise in Number of Container Ships and Gas Carrier Marine Freight Worldwide: An Opportunity for the Market
  • Percentage Share Breakdown of World Fleet in Dead-Weight Tonnage by Principal Vessel Type: 2000, 2010 & 2018
  • Expanding Fleet of Cruise Liners Presents Favorable Outlook for AIS Market
  • Global Luxury Yacht Market (In US$ Billion) for the Years 2018, 2021 and 2024
  • Total Number of Cruise Ships in Service for the Years 2019, 2020, 2023 & 2026
  • Shipbuilding Activity Trends Influence Dynamics of Automatic Identification System Market
  • New Orders for Standard Vessels Market Worldwide: Percentage Breakdown of Deadweight tonnage (DWT) by Vessel Type for 2018 and 2020
  • Transmission of Environmental Information over AIS for Ensuring Navigational Safety
  • Automatic Identification System Gains Traction in Climate Recording Applications
  • Reporting Weather Observations Using AIS Transmitters
  • Real-time Monitoring of Ship Response to Major Storm Events
  • Novel Opportunities Identified in Hydrography Survey Projects
  • Automatic Identification Systems Steps In to Simplify Harbor Monitoring
  • Emphasis on Migration from Onshore to Offshore Oilfield Operations to Augment Long-Term Growth Prospects
  • Offshore Oil and Gas Exploration & Production Expenditure Worldwide by Segment (2015-2019): Percentage Breakdown of Expenditure for Drilling, Engineering, Procurement, Construction, Installation (EPCI), Life of Field, Offshore Supply Vehicle, and Subsea
  • Breakdown of Global Oil Production Volume by Onshore, Offshore, and Offshore Deepwater Activity for the Years 2011, 2015 and 2019
  • Subsea Capital Expenditure Worldwide by Depth of Installation (2019 & 2022): Percentage Breakdown of CAPEX for Installations at Depth of Below 99 Meters, 100-499, 500-999, 1000-1499, and 1500 Meters and Above
  • Critical Importance of Tracking System in Offshore Environments Augurs Well for Future Growth
  • Global Subsea Systems Market in US$ Thousand: 2018-2025
  • Technology Use in Oil and Gas Industry: % of Companies Using Technology in Operations
  • Naval Defense Emerge as a Key End-Use Sector
  • Global Military Expenditure by Key Regions in US$ Million (2011-2019)
  • Fast Evolving Role of Unmanned Vessels Bodes Well
  • Disruptions in Military Training and Defense Budget Cuts Amidst the Pandemic
  • Infection Spread Disrupts Military Personnel Training & Troop Deployment: Cumulative Number of COVID-19 Cases Across the Defense Department in the U.S. in May, June, September & November 2020
  • Projected Defense Budget (In US$ Billion) for the Years 2021 and 2023
  • Military Expenditure as a % of GDP in Select Countries
  • AIS Evolution in Full Swing with Regulatory Support & Technological Progress
  • Select Technological Advancements
  • AIS Spoofing Menace Highlights Need for AI to Help Businesses Stay on Top of Game
  • Automatic Identification System Data: The Promises and Drawbacks
  • Challenges in the AIS Domain

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/2ml5q4

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Global Market for Automatic Identification Systems

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