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

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Jun 22, 2023, 14:00 ET

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:

Report Attribute	Details
No. of Pages	622
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$250 Million
Forecasted Market Value (USD) by 2030	$392.7 Million
Compound Annual Growth Rate	5.8 %
Regions Covered	Global

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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