Global AtoN Management and Monitoring System Market Overview:
AtoN management stands for Aid to Navigation management. It is a device, framework, or administration, outside to the vessels designed and to enhance the safety and for efficiency of navigation of vessels (ship, boat, sailing vessel, fishing vessel, submersible) and vessel traffic it is worked or operated. The central government will be liable for the development, maintenance, and management of all Aids to Navigation. The monitoring system is a software system that assists to monitor the infrastructure in the event of disruptions. Aton management and monitoring system assist in setting up, changing, or eliminating any aids to navigation, approving to examine the aids which may affect the safety of navigation, and acquiring leads as might be vital. Aton management with a monitoring system can be configured with a detection area that triggers an alarm and sends an alert to the operator should any vessel enter the detection area.
- Increase in marine trade activity across the globe
- The growing concern of the government for the protection of coastal areas
- Upsurge in international trade relations
- Stringent rules and regulations of the government of different countries
- Protect trading from numerous marine attacks like illegal sea immigration, terrorist threats, piracy, environmental destruction, and maritime trade
- Development of infrastructure regarding marine safety and security
- High cost of investment in the monitoring system for aid to navigation management
- Development of Aton management and monitoring system in developing countries
The leading players in the market are focusing on organic growth strategies such as launches, approval, and patent of the product. In the case of inorganic growth strategies related activities, the Aton management and monitoring system market were made different acquisitions, collaborations, and partnerships to avail the competitive advantages.
Some of the key players profiled in the report are Tideland Signals (United States), GISMAN (France), McMurdo Group (Europe), i-Marine Technologies (India), Pharos Marine Automatic Power Inc. (United States), Navielektro (Finland), Greenfinder (united Kingdom), Carmanah Technologies Corp. (Canada), Vesper Marine (New Zealand) and Pinc Technology Sdn Bhd. (Malaysia). Additionally, following companies can also be profiled that are part of our coverage like Orga BV (Netherland), Dragoon ITCN (United States) and Flash Technology (India). Analyst at AMA Research see United States Players to retain maximum share of Global AtoN Management and Monitoring System market by 2026. Considering Market by By System, the sub-segment i.e. Integrated/Suite will boost the AtoN Management and Monitoring System market. Considering Market by By Navigation Component, the sub-segment i.e. Lighthouses will boost the AtoN Management and Monitoring System market.
Latest Market Insights:
On 1 October 2019, Sophia Antipolis, France, and Orolia Maritime announces it is working in close collaboration with SRH Marine to integrate cybersecurity capabilities into its new automated digital services distribution platform. This collaboration offering both vessel and shoreside management a unique e-navigational security solution.
On 16 June 2020, GISMAN supplied a comprehensive package of Aids to Navigation equipment such as modular polyethylene buoys, LED lights, AIS, and monitoring system traffic lights, as well as technical assistance for the design of towers (locally manufactured). Installation and commissioning of the equipment have been carried out by a local partner, ANFAL.
What Can be Explored with the AtoN Management and Monitoring System Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global AtoN Management and Monitoring System Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in AtoN Management and Monitoring System
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global AtoN Management and Monitoring System market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in AtoN Management and Monitoring System market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Marine Industry, Industrial Associations, Government Regulatory Bodies, Vessel Ports, Tourism Industry and Agencies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global AtoN Management and Monitoring System Market?
The AtoN Management and Monitoring System market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in AtoN Management and Monitoring System Market?
Top performing companies in the Global AtoN Management and Monitoring System market are Tideland Signals (United States), GISMAN (France), McMurdo Group (Europe), i-Marine Technologies (India), Pharos Marine Automatic Power Inc. (United States), Navielektro (Finland), Greenfinder (united Kingdom), Carmanah Technologies Corp. (Canada), Vesper Marine (New Zealand) and Pinc Technology Sdn Bhd. (Malaysia), to name a few.
3. What trending factors would impact AtoN Management and Monitoring System Market growth most?
"With the globalization, rapid rise in international trade
" is seen as one of major influencing trends for AtoN Management and Monitoring System Market during projected period 2020-2026.