Automatic Identification System Market May See a Big Move | ExactEarth, Furuno Electric, Saab Transponder Tech, Garmin
Worldwide Automatic Identification System Market In-depth Research Report 2021, Forecast to 2028 is latest research study released by AMA evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Automatic Identification System Market. Some of the key players profiled in the study are ExactEarth Ltd. (Canada) , Furuno Electric Co. Ltd (Japan), ORBCOMM (United States), Saab Transponder Tech AB (Sweden) , Garmin Ltd. (Switzerland) , C.N.S. Systems AB (Sweden), Kongsberg Gruppen ASA (Norway) , Wartsila OYJ Abp (Finland) , True Heading AB (Sweden), ComNav Marine Ltd (Canada),
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An automatic Identification System is a device that is used to relay real-time signals using transmitters and receivers. AIS is basically used in the maritime domain for networking and vessel tracking mechanisms. AIS devices use very high-frequency radio signals to broadcast their data. AIS displays information related to ship digitally. AIS helps ships get situational awareness and prevent any collisions. With Innovation and increasing investments in technology, better Satellite-based AIS systems emerged which can be integrated with GPS systems to provide better accuracy in navigation. An increase in Global Maritime Trade played a huge role in the growth and advancement of Automatic Identification Systems. Complex Globalised Supply chains have led to an increase in the number of shipping vessels, which has indirectly led to the growth of Automatic Identification Systems. Large Scale Sea Piracy and Other Sea related crime increase has made it necessary for the use of AIS for Ship and Crew Safety, as well as made ease of Ship Identification by Navies around the globe. Geographically, Asia Pacific is expected to remain the biggest market because of the rising shipping industry, emerging economies, and the large-scale presence of OEMs. Latin America and Africa have huge potential to grow in the coming years, largely fuelled by the emergence of rising economies and increasing trade.
Influencing Market Trend
· Development in Satellite-based AIS Integration
Market Drivers
· Exponential Increase in Maritime Trade and Shipping
· Increasing Globalisation of Supply Chains
· Rising Incidents of Crime Activities in or through Sea
· Growing Maritime Operations
Opportunities:
· The Asia Pacific Presents Excellent Opportunity to Grow, because of Fast-Growing Shipping Industry
Challenges:
· Continuous Ugradation in Technologies with Better Accuracy
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Furthermore, the years considered for the study are as follows:
Historical year – 2017-2021
Base year – 2021
Forecast period** – 2022 to 2027 [** unless otherwise stated]
Highlighted of Global Automatic Identification System Market Segments and Sub-Segment:
Market by Key Players: ExactEarth Ltd. (Canada) , Furuno Electric Co. Ltd (Japan), ORBCOMM (United States), Saab Transponder Tech AB (Sweden) , Garmin Ltd. (Switzerland) , C.N.S. Systems AB (Sweden), Kongsberg Gruppen ASA (Norway) , Wartsila OYJ Abp (Finland) , True Heading AB (Sweden), ComNav Marine Ltd (Canada),
Market by: by Type (AIS Class A, AIS Class B, Receive only AIS units), Application (Vessels Tracking, Fleet Management, Maritime Security, Others), Sales Channels (Direct, Indirect), Components (VHF Transmitter, VHF Receivers, VHF DSC Receiver, Sensors, Navigation Satellite System Receiver, Others)
Regional Analysis for Worldwide Automatic Identification System Market:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
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• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
The study is a source of reliable data on: Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain and investor analysis.
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Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.
Key Points in the Market: The key features of this Automatic Identification System market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.
There are 15 Chapters to display the Worldwide Automatic Identification System Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Worldwide Automatic Identification System market, Applications, Market Segment by Types;
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Worldwide Automatic Identification System Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Worldwide Automatic Identification System Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, about competition landscape (classification and Market Ranking)
Chapter 13, deals with Worldwide Automatic Identification System Market sales channel, research findings and conclusion, appendix and data source.
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