Global Automatic Identification System Market Overview:
An automatic Identification System is a device that is used to relay real-time signals using transmitters and receivers. AIS is basically used in the maritime domain for networking and vessel tracking mechanisms. AIS devices use very high-frequency radio signals to broadcast their data. AIS displays information related to ship digitally. AIS helps ships get situational awareness and prevent any collisions. With Innovation and increasing investments in technology, better Satellite-based AIS systems emerged which can be integrated with GPS systems to provide better accuracy in navigation. An increase in Global Maritime Trade played a huge role in the growth and advancement of Automatic Identification Systems. Complex Globalised Supply chains have led to an increase in the number of shipping vessels, which has indirectly led to the growth of Automatic Identification Systems. Large Scale Sea Piracy and Other Sea related crime increase has made it necessary for the use of AIS for Ship and Crew Safety, as well as made ease of Ship Identification by Navies around the globe. Geographically, Asia Pacific is expected to remain the biggest market because of the rising shipping industry, emerging economies, and the large-scale presence of OEMs. Latin America and Africa have huge potential to grow in the coming years, largely fuelled by the emergence of rising economies and increasing trade. Some of the players profiled in the study are ExactEarth Ltd. (Canada), Furuno Electric Co. Ltd (Japan), ORBCOMM (United States), Saab Transponder Tech AB (Sweden), Garmin Ltd. (Switzerland), C.N.S. Systems AB (Sweden), Kongsberg Gruppen ASA (Norway), Wartsila OYJ Abp (Finland), True Heading AB (Sweden) and ComNav Marine Ltd (Canada).
On the basis of geography, the market of Automatic Identification System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channels, the sub-segment i.e. Direct will boost the Automatic Identification System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Components, the sub-segment i.e. VHF Transmitter will boost the Automatic Identification System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Exponential Increase in Maritime Trade and Shipping
- Increasing Globalisation of Supply Chains
- Rising Incidents of Crime Activities in or through Sea
- Growing Maritime Operations
- Development in Satellite-based AIS Integration
- The Rie in Trade Restrictions or Increasing Protectionist Policies
- Increase in Competition from Chinese Manufacturers
- The Asia Pacific Presents Excellent Opportunity to Grow, because of Fast-Growing Shipping Industry
- Continuous Ugradation in Technologies with Better Accuracy
Key Market Developments:
In 2020, Furuno Electric Co., Ltd., a Japanese electronics manufacturer specializing in marine electronics announced the acquisition of Denmark-based EMRI A/S. EMRI specializes in steering control and maneuvering systems and is OEM in more than 1000 ships. The acquisition of EMRI, expands Furuno’s presence in the maritime market both in product portfolio and geographical.
In 2020, exactEarth Ltd., Canada-based one of the market leaders in Satellite-AIS data services has announced strategic Divestiture of 4 of its satellites, associated spectrum licenses, and ground station assets to Australia-based Myriota PTY Ltd. Myriota specializes in IoT solutions through nanosatellite connectivity.
According to International Maritime Organisation headquartered in the United Kingdom, All Voyage Ships of 300 Gross Tonnage or Larger should have Operational AIS on Board under the International Convention for the Safety of Life at Sea (SOLAS)
AIS Manufacturers, Suppliers, and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Automatic Identification System market on the basis of product [AIS Class A, AIS Class B and Receive only AIS units] , application [Vessels Tracking, Fleet Management, Maritime Security and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Automatic Identification System market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Automatic Identification System industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are L3 Technologies Inc. (United States), Spire Global, Inc. (United States) and SpaceQuest, Ltd. (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Automatic Identification System market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.