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IMARC Group’s report titled "Automatic Identification System Market Report by Class (Class A, Class B, AIS Base Stations), Component (Transmitter, Receivers, Central Processing Unit, Display, and Others), Platform (Vessel-Based, Onshore-Based), Application (Fleet Management, Vessels Tracking, Maritime Security, and Others), and Region 2024-2032. The global automatic identification system market size reached US$ 287.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 433.8 Million by 2032, exhibiting a growth rate (CAGR) of 4.58% during 2024-2032.
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Factors Affecting the Growth of the Automatic Identification System Industry:
Growing Emphasis on Maritime Safety and Security:
The increasing need for enhanced maritime safety and security is impelling the growth of the market. With global trade relying heavily on maritime routes, the risk of collisions, piracy, and other threats is heightening. Automatic identification system (AIS) technology provides real-time vessel tracking and identification, enabling authorities and ship operators to monitor vessel movements closely. This system enhances situational awareness and facilitates efficient response to potential threats, thereby reducing maritime accidents and illegal activities. Furthermore, regulatory bodies mandate AIS usage for vessels above a certain size, reinforcing its adoption. As global shipping activities are intensifying, the emphasis on safety and compliance with international regulations is driving the demand for AIS, ensuring the secure and smooth operation of maritime logistics.
Rising Global Maritime Trade and Port Expansions:
The expansion of global maritime trade is propelling the market growth. As international trade volumes are increasing, the number of vessels navigating through busy shipping lanes is rising, leading to congestion and higher risks of maritime incidents. To manage this, AIS systems are increasingly adopted by ports and shipping companies to streamline vessel traffic management, ensuring efficient and safe navigation. The expansion and modernization of ports worldwide, particularly in emerging economies, is catalyzing the demand for AIS technology. These systems are essential in managing complex port operations, enhancing berthing efficiency, and reducing waiting times for vessels.
Technological Advancements and Integration with Other Maritime Systems:
Technological advancements in AIS and its integration with other maritime systems are supporting the market growth. Innovations, such as satellite-based AIS (S-AIS), provide global coverage, allowing for the tracking of vessels beyond coastal areas, which is particularly beneficial for open ocean and remote area monitoring. Additionally, the integration of AIS with other maritime technologies like electronic chart display and information system (ECDIS) and radar systems enhances the overall accuracy and reliability of vessel tracking and navigation. This technological synergy not only improves operational efficiency for shipping companies but also supports environmental monitoring and search-and-rescue missions.
Leading Companies Operating in the Global Automatic Identification System Industry:
CNS Systems AB
ComNav Marine Ltd.
Furuno Electric Co. Ltd.
Garmin Ltd.
Japan Radio Co. Ltd. (Nisshinbo Holdings Inc.)
Kongsberg Gruppen ASA
Orbcomm
Raymarine Uk Limited (Teledyne FLIR LLC)
Saab AB
Spire Global Inc.
Wärtsilä Oyj Abp.
Automatic Identification System Market Report Segmentation:
By Class:
Class A
Class B
AIS Base Stations
Class A exhibits a clear dominance in the market as it is mandated for larger commercial vessels, making it widely adopted across the maritime industry.
By Component:
Transmitter
Receivers
Central Processing Unit
Display
Others
Transmitter represents the largest segment because it is crucial for the continuous and reliable broadcasting of vessel information, making it the most essential and widely used component in AIS systems.
By Platform:
Vessel-Based
Onshore Based
Vessel-based holds the biggest market share, as most maritime activities require onboard systems for navigation, safety, and compliance with international regulations.
By Application:
Fleet Management
Vessels Tracking
Maritime Security
Others
Vessels tracking accounts for the majority of the market share owing to its capability to enhance maritime safety and operational efficiency.
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
North America dominates the market attributed to its advanced maritime infrastructure and stringent regulations to drive the widespread adoption of AIS technology in the region.
Global Automatic Identification System Market Trends:
The adoption of AIS technology is expanding beyond commercial shipping to include fisheries and recreational boating, contributing to the market growth. Governments and maritime authorities in various countries are increasingly mandating the use of AIS in fishing vessels to combat illegal, unreported, and unregulated (IUU) fishing. By tracking vessel movements and ensuring compliance with fishing quotas and regulations, AIS technology plays a vital role in sustainable fisheries management. Additionally, recreational boaters are adopting AIS to enhance safety, particularly in congested waters and areas prone to collisions. The ability to monitor nearby vessels and avoid accidents makes AIS an attractive investment for the recreational boating community. This broadened application across different segments of the maritime industry is creating new opportunities for AIS market expansion.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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