Global Automatic Identification System Market: Size, Merchant Trends, Industry Analysis, Scope, Growth Factors, Share, Demand, & Forecast 2017-2025

Global Automatic Identification System Market 2017-2025

Automation identification system (AIS) is a tracking device compulsorily installed in the ship or vessel with over 300 tons to send the information to compatible receiver regarding static details (ship name, Id, dimensions, etc.) and the ship dynamic information (ship position, speed, course over ground, etc.). The rising government spending on the marine products and services, rising security threat to the nation through waterways, maritime accidents and disasters, fishing areas and other tracking reasons are driving the growth in the installation of AIS. AIS market is highly dependent on the number of ships and vessels in operation globally and the prospective rise in number in future. Moreover, on the back of globalization the rising trade and commerce through waterways is augmenting the AIS market. Further, the limitations encountered in using the radars are significantly resolved with the application of AIS. Nearly 55,000 ships are in the world as estimated in 2017, with largest number of cargo ships followed by oil & chemical containers and then passenger ships. The huge number of ships provides great market opportunities for growth and for tapping new markets such as in the Asia-Pacific region. Goldstein Research analyst forecast that the global Automatic Identification System Market is set to reach nearly USD 233 million by 2025, growing at a CAGR of 4.46% over the forecast period (2017-2025).

Global Automatic Identification System Market Segmentation

By product

• Class A
• Class B
• AIS Base Stations

Class A segment acquired largest market share of 39.1% in 2017 growing at a CAGR of 4.7% over the forecast period. The increasing number of large vessels in operation is expected to spur the demand for class A AIS device which requires to transmit information at every 10-15 seconds.

By Platform

• Vessel Based
• On-Shore Based

By Application

• Fleet Management
• Vessels Tracking
• Maritime Security
• Others

By Geography

• North America (U.S. & Canada)  Automatic Identification System Market  {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Automatic Identification System Market  {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Automatic Identification System Market  {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Automatic Identification System Market  {Market Share (%), Market Size (USD Billion)}
• Middle East & Africa (GCC, South Africa, North Africa, Romea) Automatic Identification System Market  {Market Share (%), Market Size (USD Billion)}

Based on geography, North America region accounted for largest market share of 31.7% in 2017 on the back of large coastline, highest number of ports and largest number of ships in operation. Asia-Pacific and Middle East and Africa are the next opportunistic region for the growth of AIS market, expected to grow at a CAGR of 6.8% and 5.9% respectively over the forecast period.

Covered In This Global Automatic Identification System Market Report

The report covers the present ground scenario and the future growth prospects of the Automatic Identification System Market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Automatic Identification System Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the Global Automatic Identification System Market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Automatic Identification System Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our Global Automatic Identification System Market  report comprises of the following companies as the key players: Furuno Electric Co. Ltd., Japan Radio Co. Ltd., Saab Transponder Tech AB, exactEarth, L3 technologies, Orbcomm, Raymarine, Wartsila Corporation, ONWA Marine Electronics Co. Ltd., etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Automatic Identification System Market Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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