Automatic Identification System Market Size - Forecasts to 2026
As per the research conducted by GME, the Global Automatic Identification System Market is estimated to be valued at USD 254.78 million in 2021 and is projected to reach USD 322.1 million by 2026 at a CAGR of 4.8%. Burgeoning demand for vessel identification and tracking, protection, and safety considerations, and the requirement for effective traffic management are all likely to fuel market expansion over the forecast period.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Automatic Identification System Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-automatic-identification-system-market-3278
By Class (Class A, Class B, and AIS Base Stations) By Platform (Vessel-Based Platform and Onshore-Based Platform), By Application (Fleet Management, Vessel Tracking, Maritime Security, Ocean Rate Management and Others); By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• Growth in international commerce and vessel traffic is likely to be a major driver of the market for automatic identification systems.
• The Class A automatic identification system is foreseen to predominate because it minimizes the confusion caused by too many vessels.
• Soaring demand for vessel traffic control in sensitive regions is leading to its supremacy.
• Due to technological developments, the marine security application segment is foreseen to lead.
• Due to the abundance of extensive coastal regions that need continual monitoring, North America is likely to lead the market for automatic identification systems.
• Orbcomm Inc., Furuno Electric Co. Ltd., Exactearth Ltd., Kongsberg Inc., SAAB Transponder Tech AB, L-3 Communications Holdings Inc., Garmin International Inc., Honeywell International Inc., Raytheon Ltd., Thales Group, amongst others, are the major players in the automatic identification system market.
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Class Outlook (Revenue, USD Billion, 2021-2026)
• Class A
• Class B
• AIS Base Stations
Platform Type Outlook (Revenue, USD Billion, 2021-2026)
• Vessel-Based Platform
• Onshore-Based Platform
Application Outlook (Revenue, USD Billion, 2021-2026)
• Fleet Management
• Vessel Tracking
• Maritime Security
• Others
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
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