Automatic Identification Systems Global Market is Projected to Reach $392.7 Million by 2030: Diverse Application Areas Promise Growth
Saturday, June 24, 2023
DUBLIN, June 22, 2023 /PRNewswire/ -- The "Automatic Identification Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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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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