Global Automatic Identification System Market Overview
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Anticipated Growth Rate for Global Automatic Identification System Market
Automatic Identification System Market size was valued at US$ 227.57 Mn. in 2022 and the total revenue is expected to grow at 4.1 % through 2023 to 2029, reaching nearly US$ 301.49 Mn.
Global Automatic Identification System Market Scope and Methodology:
The Global Automatic Identification System market study offers thorough data on important factors, such as those anticipated to propel the industry's expansion and impending difficulties. Stakeholders will possess a comprehensive understanding of the industry's competitive landscape, the goods marketed by prominent companies, and the investment opportunities in the Global Automatic Identification System market. The sector's qualitative and quantitative aspects are both covered in the study. The MMR report's scope includes a thorough analysis of the competition for the Global Automatic Identification System Market.
Many new requirements are provided in the study, each with a detailed reason. In order to produce the Global Automatic Identification System Market, a variety of primary and secondary sources of information were consulted, including as government records, websites, yearly reports, and expert and professional opinions.
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Global Automatic Identification System Market Regional Insights
The market size, growth rate, import and export by region, and other relevant statistics are all thoroughly analyzed in this study. Understanding the Global Automatic Identification System market conditions in different countries is made feasible by the research's geographic analysis. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the Global Automatic Identification System market.
Global Automatic Identification System Market Segmentation
by Class
Class A
Class B
By Class, Class A is expected to continue to be the most widely utilized system in the naval industry in the upcoming years due to its ability to send and receive safety text messages at a nominal transmit power of 12.5 watts and its simple installation process. The commercial maritime industry's demand for Class B Automatic Identification Systems increased by 2.6% between 2018 and 2022 as a result of features that only need 2 watts to deliver messages.
by Platform
Vessel Based
Onshore Based
By Platform In the upcoming years, vessel-based systems are expected to dominate the platform segment of the automatic identification system market due to the growing number of countries requiring vessel carrier services to install automatic identification systems on naval vessels weighing between 300 and 50,000 tonnes. In the second decade of this century, the onshore-based platforms of the oil and gas, coal, and methanol industries have increased their need for Automatic Identification Systems by 3.1% due to the growing number of maritime drilling projects.
by Application
Monitoring
Navigation
Tracking
Maritime Security
Search & Rescue
Fleet Management
Others by End-Use
Government
Commercial
Through Application, Monitoring and Navigation is expected to lead the Application section of the Automatic Identification System Market in the next years due to a rise in maritime accidents and an increase in demand for equipment that effectively handles vessel traffic services. In the second decade of this century, the global commercial naval industry's demand for Automatic Identification Systems for Maritime Security increased by 2.6% as a result of the growing number of pirate cases and the harm they have brought to international trade.
Table of Content: Global Automatic Identification System Market
Part 01: Executive Summary
Part 02: Scope of the Global Automatic Identification System Market Report
Part 03: Global Global Automatic Identification System Market Landscape
Part 04: Global Global Automatic Identification System Market Sizing
Part 05: Global Global Automatic Identification System Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Global Automatic Identification System Market Key Players
1. Comar Systems Ltd.
2. Hodges Marine
3. Honeywell International Inc.
4. SAAB AB
5. L3 Harris Technology Inc.
6. SRT Marine Systems PLC
7. Raytheon Technologies Corporation
8. FURUNO Electric Co., Ltd.
9. CNS Systems
10.Wartsila
11.ONWA Marine Electronics Co., Ltd.
12.Thales Group
13.Garmin Ltd.
14.Japan Radio Co.
15.ORBCOMM
16.True Heading
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Key questions answered in the Global Automatic Identification System Market are:
- What is Global Automatic Identification System ?
- What is the growth rate of the Global Automatic Identification System Market?
- Which are the factors expected to drive the Global Automatic Identification System market growth?
- What is the CAGR at which the Global Automatic Identification System market will grow during the forecast period?
- What are the different segments of the Global Automatic Identification System Market?
- Which is the fastest growing region in the Global Automatic Identification System market?
- What growth strategies are the players considering to increase their presence in Global Automatic Identification System ?
- What are the upcoming opportunities and trends for the Global Automatic Identification System Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Global Automatic Identification System Market?
- Who are the leading companies and what are their portfolios in Global Automatic Identification System Market?
- What segments are covered in the Global Automatic Identification System Market?
- Who are the key players in the Global Automatic Identification System market?
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Key Offerings:
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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