Marine AIS Transponders Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.3 Billion by 2033 at a CAGR of 8.1% from 2026 to 2033.
The Marine AIS Transponders market was valued at approximately USD 1.9 billion in 2022 and is projected to grow at a CAGR of 6.2% during the forecast period of 2023 to 2030. The market is driven by increasing demand for maritime safety and real time vessel tracking. North America held the largest share of the market in 2022, accounting for nearly 35% of the global market, owing to the significant presence of maritime trade and advanced technological adoption in the region. Europe followed closely behind, with a market share of around 30% due to stringent regulatory frameworks that promote the use of AIS systems for navigation and vessel safety. Additionally, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rapid industrialization and expanding maritime trade in countries like China and India. Regionally, the demand for Marine AIS Transponders varies, with North America and Europe maintaining dominance in terms of market share. However, the Asia Pacific market is expected to grow at a robust pace with a projected CAGR of 7.5% from 2023 to 2030. The growing emphasis on maritime safety, coupled with increasing investments in port infrastructure and smart shipping technologies, is likely to drive this regional growth. Latin America and the Middle East are anticipated to witness steady growth, attributed to expanding trade routes and the increasing adoption of maritime safety solutions. The Middle East’s growing focus on maritime security and the development of smart ports will also fuel the demand for AIS transponders in the region.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=438744&utm_source=Google site_G_April&utm_medium=235
SRT Marine
Alltek Marine
Furuno
Navico
Garmin
Icom
Japan Radio Company
Vesper Marine
Comnav Marine
True Heading
Kongsberg Gruppen ASA
Transas Marine Limited (Wärtsilä)
SAAB AB
Raymarine
Weatherdock AG
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=438744&utm_source=Google site_G_April&utm_medium=235
Growing demand for below applications around the world has had a direct impact on the growth of the Global Marine AIS Transponders Market
Class A Transponders
Class B Transponders
AIS SART (Search and Rescue Transponder)
Base Station Transponders
Commercial Shipping
Fishing Vessels
Leisure Boats
Government and Defense
Search and Rescue Operations
VHF Frequency Band
Multi-frequency Systems
Integrated Systems
Standalone Systems
Networked Systems
Battery Powered
Solar Powered
Hardwired
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/marine-ais-transponders-market/
1. Introduction of the Global Marine AIS Transponders Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Marine AIS Transponders Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Marine AIS Transponders Market, By Type
6. Global Marine AIS Transponders Market, By Application
7. Global Marine AIS Transponders Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Marine AIS Transponders Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/