Global Automatic Identification System Market Size To Worth USD 447.2 Million By 2033 | CAGR of 5.34%

Global Automatic Identification System Market Size To Worth USD 447.2 Million By 2033

According to a research report published by Spherical Insights & Consulting, the Global Automatic Identification System Market Size to Grow from USD 265.8 Million in 2023 to USD 447.2 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 5.34% during the forecast period.

Browse key industry insights spread across 200 pages with 120 Market data tables and figures & charts from the report on the "Global Automatic Identification System Market Size By Class (Class A AIS, Class B AIS, AIS–based stations), By Platform (Vessel-based, On-shore), By Application (Fleet Management, Vessels Tracking, Maritime Security), By Region, And Segment Forecasts, By Geographic Scope And Forecast to 2033." Get Detailed Report Description Here:  https://www.sphericalinsights.com/reports/automatic-identification-system-market

The industry is expanding thanks to the advent of Class B AIS and other developments in AIS technology, which allow smaller vessels to transmit and receive AIS data. Due to the growth of international trade and the rise in marine traffic, better methods for tracking and managing vessels are needed. AIS is being linked with other maritime systems, like as radar and satellite monitoring, at a rapid pace to provide comprehensive marine domain awareness solutions. Concerns about threats to marine security, such as terrorism, smuggling, and piracy, are the reason behind the increased use of AIS. The monitoring and surveillance of vessels is enhanced by this technology. The demand for real-time vessel movement data, especially for fleet management, port operations, and marine surveillance applications, is driving the use of Automatic Identification System (AIS).

Automatic Identification System Market Value Chain Analysis

The suppliers of integrated circuits, microprocessors, GPS modules, antennas, and other electronic components are crucial nodes in the AIS value chain. They give the AIS equipment makers the components they need so that the devices can be put together. System integrators are companies that specialise in AIS integration with other maritime systems, such as radar, satellite communication, navigation systems, and software for tracking vessels. They provide customised solutions to a range of stakeholders in the maritime sector, including ship owners, port authorities, and marine agencies. Distributors and resellers play a major role in the marketing and end-user distribution of AIS equipment. They can purchase AIS products directly from manufacturers or through authorised channels to ship owners, marine operators, and other customers. Distributors and resellers play a major role in the marketing and end-user distribution of AIS equipment. They can purchase AIS products directly from manufacturers or through authorised channels to ship owners, marine operators, and other customers. End users of AIS technology include ship owners, operators, captains, maritime authorities, port authorities, coast guards, and other parties involved in maritime operations and management.

Automatic Identification System Market Opportunity Analysis

Artificial intelligence (AI), machine learning, and the Internet of Things (IoT) can be used with AIS technology to enhance marine domain awareness, automate vessel traffic management, and improve predictive analytics for risk assessment and decision-making. With the rising digitization of maritime systems and the increased threat of cyberattacks, there is a growing need for AIS solutions that incorporate robust cybersecurity capabilities to protect against unauthorised access, data breaches, and purposeful interference with AIS transmissions. The rise of autonomous ships and unmanned marine vehicles presents a unique opportunity for AIS technology suppliers to develop tailored solutions for autonomous navigation, collision avoidance, and situational awareness in unmanned vessel operations.

As international trade grows, so does the number of ships navigating the world's rivers and oceans. The higher vessel density necessitates the adoption of more sophisticated vessel tracking and management systems, with AIS playing a critical role in enhancing navigational safety and averting collisions. Ports serve as vital hubs for international trade by overseeing the loading, unloading, and transshipment of commodities between ships and land-based transportation networks. AIS technology optimises port operations by providing port authorities with accurate information on vessel arrivals, departures, and movements. This leads to a more efficient use of port facilities and resources. The rise in marine traffic adds to worries about threats to marine security such as piracy, smuggling, and terrorism.

Installing and purchasing an AIS system can be very expensive up front, particularly for smaller operators and vessels. This cost could be a barrier to adoption, especially in places where marine operators have little resources. Integrating AIS technology with existing maritime systems, such as radar, navigational aids, and communication networks, may be challenging and require technical know-how. Ensuring seamless integration and interoperability poses challenges for shipbuilders, system integrators, and vessel owners. Like any other connected device, AIS systems are vulnerable to cybersecurity hazards like malware, spoofing, and hacking. In order to prevent unauthorised access, data breaches, and disruptions of maritime operations, it is imperative to protect AIS networks and data transmission routes against cyberattacks.

Insights by Class

The Class A AIS segment accounted for the largest market share over the forecast period 2023 to 2033. The commercial maritime sector depends on Class A AIS technology to enhance operational efficiency, navigation safety, and regulatory compliance. This covers container transportation, LNG carriers, bulk carriers, and oil tankers. Because Class A AIS technology offers consistent vessel tracking and management capabilities, the volume of global trade is expanding, which is pushing up demand for the system. Authorities can obtain real-time vessel tracking data with Class A AIS transponders, which is crucial for maritime security and surveillance activities. By using this data for border security, marine law enforcement, coastal surveillance, and maritime domain awareness, greater maritime security and stability are accomplished.

Insights by Platform

The vessel-based segment accounted for the largest market share over the forecast period 2023 to 2033. AIS transponders give vessel operators real-time tracking and identifying information, which enhances navigation and safety. By broadcasting vessel position, course, speed, and other data, AIS helps to improve situational awareness, reduce the risk of collisions, and enable better vessel traffic management, especially in congested waterways and busy trade lanes. The commercial shipping industry is one of the primary drivers of the vessel-based AIS market's growth. Many types of boats, such as LNG carriers, oil tankers, bulk carriers, and container ships, employ AIS technology to monitor vessel movements, maintain regulatory compliance, and improve navigational routes. Because of the continuous rise in the volume of international trade, the commercial shipping sector continues to have a strong need for vessel-based AIS solutions.

Insights by Application

The maritime security segment accounted for the largest market share over the forecast period 2023 to 2033. The coastal surveillance tasks of the coast guard, navies, and maritime law enforcement organisations depend on the deployment of AIS technology. Thanks to the real-time information on vessel movements supplied by AIS data, authorities are able to monitor marine traffic, identify unauthorised or suspicious behaviour, and respond rapidly to security issues along coastlines and maritime borders. In order to combat maritime crimes including illegal fishing, pirate attacks, and smuggling, marine law enforcement authorities use AIS data to enforce maritime laws and regulations. AIS technology allows authorities to track vessel activities, identify non-compliant vessels, and coordinate law enforcement measures in order to maintain maritime security and sustain maritime governance.

Insights by Region

North America is anticipated to dominate the Automatic Identification System Market from 2023 to 2033. North America's extensive coastline, busy ports, and navigable rivers emphasise how important marine security and safety are. AIS technology is crucial for search and rescue operations, collision avoidance, and situational awareness in North American waterways. North America is an important hub for international trade because of the massive volumes of freight that its ports and waterways handle. The commercial maritime sector, driven by the demands of safe navigation, legal compliance, and efficient port operations, represents a sizable market for AIS technology. North America is a major hub for technological innovation in the marine industry, with ongoing research and development occurring in areas such as unmanned systems, satellite-based AIS services, and autonomous vessels.

Asia Pacific is witnessing the fastest market growth between 2023 to 2033. The Asia-Pacific area is home to some of the busiest ports and maritime trade routes in the world as a result of rapid economic growth, industrialization, and globalisation. The region's booming marine sector is driving demand for AIS technology to enhance port operations, navigation safety, and vessel tracking. Asia-Pacific is a major hub for commercial fishing and aquaculture because of the abundance of marine operations that call the region's Exclusive Economic Zones (EEZs) and coastal seas home. AIS technology is being used more and more in fisheries management and monitoring in an effort to stop illegal, unreported, and unregulated fishing activities and preserve sustainable fisheries. The number of satellite-based AIS service providers is growing around the world, offering real-time vessel tracking capabilities and global coverage.

Recent Market Developments

• In August 2022, the Advanced Training Aircraft Fuselage Systems order was secured by Saab AB.

Competitive Landscape

Major players in the market

• Furuno Electric Co. Ltd
• Honeywell International Inc
• Japan Radio Co. Ltd.
• CNS Systems AB
• SAAB AB
• ExactEarth Ltd
• Orbcomm Inc.
• Garmin International Inc
• Kongsberg Gruppen ASA
• Raytheon Ltd.
• ComNav Marine Ltd
• True Heading AB
• Wartsila OYJ Abp
• L-3 Communications Holdings Inc.

Market Segmentation

This study forecasts revenue at global, regional, and country levels from 2023 to 2033.

Automatic Identification System Market, Class Analysis

• Class A AIS
• Class B AIS
• AIS–based stations

Automatic Identification System Market, Platform Analysis

• Vessel-based
• On-shore

Automatic Identification System Market, Application Analysis

• Fleet Management
• Vessels Tracking
• Maritime Security

Automatic Identification System Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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