Automatic Identification Systems Global Market is Projected to Reach $392.7 Million by 2030: Diverse Application Areas Promise Growth

DUBLIN, June 22, 2023 /PRNewswire/ -- 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:

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/jl6z9s

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