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 Geographic Scope And Forecast

Automatic Identification System Market Size And Forecast

Automatic Identification System Market size was valued at USD 262.58 Million in 2021 and is projected to reach USD 441.74 Million by 2030, growing at a CAGR of 5.95 % from 2023 to 2030.

Think of AIS, or the Automatic Identification System, as a way to see ships and boats in real-time! It's pretty popular, and more and more folks are using it because international trade and boat traffic are booming. We also need better ways to manage all that traffic and keep ships safe and secure, so that’s a big push for using these systems. If you want the full scoop, The Global Automatic Identification System Market report gives you a complete picture of what's happening. It digs into all the important parts like key trends, what's helping and hurting the market, who the big players are, and everything else that really matters.

Global Automatic Identification System Market Definition

An automated tracking system used in the maritime industry for vessel identification and tracking is called the Automatic Identification System (AIS). It is a radio-based system that allows ships and land stations to communicate essential data regarding their identification, position, speed, and route. The Global Automatic Identification System Market includes the development, manufacturing, and deployment of AIS equipment, including AIS transponders, receivers, antennas, and related software and systems.

It also encompasses the integration of AIS data with other maritime systems, such as vessel traffic management systems (VTMS) and maritime domain awareness platforms. The market for AIS technologies and solutions used in the maritime and shipping sectors is referred to as the Global Automatic Identification System Market. An automatic tracking system called AIS uses transponders on ships to transmit and receive data on the position, speed, and course of the boat.

Increased maritime trade, the need for greater maritime safety and security, legal mandates for AIS installations, developments in AIS technology, and rising demand for effective vessel traffic management and monitoring solutions are some of the factors driving the growth of the Global Automatic Identification System Market. Furthermore, with the help of AIS, ships may be tracked and monitored in real-time, giving important details about their whereabouts, speeds, and courses.

This information contributes to the avoidance of collisions by enabling ships to detect and monitor other vessels in their vicinity, boosting situational awareness, and enabling quick navigation decisions to avoid disasters. Thus, AIS data is often integrated into Vessel Traffic Service (VTS) systems to provide comprehensive situational awareness and support effective traffic management.

Global Automatic Identification System Market Overview

Think of the Automatic Identification System (AIS) as a way for ships to "talk" to each other and to folks back on shore. It's like a radio system that lets them share important stuff. The whole idea behind AIS was to make things safer out on the water, help ships navigate better, and give everyone – from the ships themselves to the people keeping an eye on things from land – a better sense of what's going on around them. Because of this, many countries and organizations now require certain kinds of boats – like big commercial vessels or ships in busy areas – to use AIS. This legal requirement is a big reason why more and more people are installing or upgrading their AIS systems, driving growth in this area.

AIS is super important for making our seas safer and more secure! It's like having a live map showing where ships are, how fast they're going, and which direction they're heading. This real-time info helps ships and folks on land work together better, dodging collisions and speeding up search and rescue missions. Because everyone's focusing more on keeping things safe at sea, the Automatic Identification System Market is really taking off. However, let's be real, AIS gear can be pricey, especially for smaller boats or those on a shoestring budget. All those costs – buying the equipment, hooking it up to existing systems, and making sure everything follows the rules – can slow down how many people are actually using AIS transponders. Simply put, AIS sends out a ship's location and ID to all the ships and shore stations around it.

Think of AIS like thisit's supposed to make the seas safer and more transparent, but it also creates a real headache for yacht owners who'd rather keep their voyages under wraps. So, with AIS, it's a constant balancing act between privacy and openness. Now, all this is built on vessel tracking tech that's been evolving at warp speed. Loads of companies are throwing money at developing even better versions of the system. And why? Because the AIS market is expected to be a goldmine, especially with the rise of autonomous vessels on the horizon.

The growth of the Internet of Things (IoT) and connectivity solutions presents an opportunity for AIS to leverage these technologies for improved data exchange, coverage, and connectivity. The emergence of autonomous vessels presents a significant opportunity for the Automatic Identification System Market. As autonomous ships become more prevalent, AIS will play a crucial role in ensuring their safe integration into existing maritime traffic. The integration of AIS with advanced technologies presents opportunities for innovative solutions and services.

Global Automatic Identification System Market Segmentation Analysis

The Global Automatic Identification System Market is segmented on the basis of Class, Platform, Application, and Geography.

Automatic Identification System Market, By Class

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

Based on Class, the market is segmented into Class A AIS, Class B AIS, and AIS–based stations. Detailed vessel information, including identity, position, speed, and course, is provided by Class A. Class A is expected to continue to dominate the market in the years to come because of their high gearbox power, regular data updates, better situational awareness and collision avoidance capabilities, and simple installation.

Growth in this market has been aided by the expansion of international marine trade and cargo delivery services. In comparison to Class A transponders, Class B transponders are more cost-effective and ideal for vessels with lesser power requirements because of their lower transmission power and less frequent data updates. So, one of the developing segments is Class B AIS.

Automatic Identification System Market, By Platform

• Vessel-based
• On-shore

The market, when you look at the Platform, is broken down into two main typesVessel-based and On-shore systems. Now, remember back in September 2021? A bunch of countries and global groups started saying, "Hey, you need an Automatic Identification System (AIS) on naval ships and bigger vessels!" That's because the IMO, which is like the United Nations for the sea, is serious about marine safety and they've made AIS laws all over the place. Their rules say that every passenger ship, no matter how big, and cargo ships over 300 gross tons have to have AIS and actually use it. So, it's no surprise that everyone wants vessel-based AIS these days, and they're likely to be the kings of the platform market for the foreseeable future.

Automatic Identification System Market, By Application

• Fleet Management
• Vessels Tracking
• Maritime Security
• Other Applications

Based on Application, the market is segmented into Fleet Management, Vessels Tracking, Maritime Security, and Other Applications. Due to its crucial role in improving maritime safety, navigation, and traffic management, vessel tracking commands a sizeable market share. In order to improve situational awareness and collision avoidance, it delivers real-time information on vessel whereabouts, speeds, and courses. Applications for fleet management are important in the Automatic Identification System Market because they help to improve scheduling, optimize vessel operations, and improve fleet performance as a whole.

The AIS Vessel tracking system has some advantages over radar systems, including the fact that it is unaffected by rain or the ocean and that its transmission is superior to radars due to the longer wavelength. Maritime security applications have gained importance in recent years, with increasing concerns about piracy, smuggling, and illegal activities at sea.

Automatic Identification System Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Based on Regional Analysis, the Global Automatic Identification System Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America has been an important market for AIS because of its well-developed marine industry, stringent regulations, and adoption of cutting-edge technology. Additionally, the region’s growing commercial activity and commerce drive the demand for marine safety and monitoring.

Reading Economics claims that the US is one of the top exporters in the world. As a result, it is predicted that the expansion of trading activities throughout the region will support market growth over the projected period. As a result of rising trade volumes and improving port infrastructure, the Asia-Pacific area has seen a significant increase in maritime operations. Applications for fleet management and vessel tracking are highly desired in this region and thus, the region is expected to rule the market in the upcoming years.

Key Players

The “Global Automatic Identification System Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are 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, and L-3 Communications Holdings Inc.

Our market analysis provides in-depth information on key players, including information on their financial statements, product portfolios, product benchmarking, and SWOT analyses. Along with market share research, important development strategies, recent advancements, and market ranking analysis of the aforementioned competitors globally are also included in the competitive landscape section.

Key Developments

• Saab AB secured the order for the Advanced Training Aircraft Fuselage Systems in August 2022.
• ExactEarth Ltd. was purchased by Spire Global for USD 161.2 million in September 2021. ExactEarth will eventually become entirely owned by Spire Global.
• MOL improved the AR navigation system in September 2021 to provide secure navigation. The technology works with Furuno Electric’s Electric Chart Display and Information technology (ECDIS) to combine data from the AIS and radar with live video views from the bridge camera.

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