Global Automatic Identification System Market COVID-19 Impact Analysis, Demand and Industry Forecast Report 2027
Global Automatic Identification System Market Overview:
The Global Automatic Identification System market analysis delves into the constantly shifting competitive environment, offering valuable insights into market share data and detailed profiles of prominent global players. By carefully examining the Global Automatic Identification System Market, the research also explores the key factors driving regional differences in the growth of the Global Automatic Identification System sector.
Global Automatic Identification System Market Growth Estimate:
Automatic Identification System Market size was valued at US$ 227.57 Mn. in 2022 and the total revenue is expected to grow at 4.1 % through 2023 to 2029, reaching nearly US$ 301.49 Mn.
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Global Automatic Identification System Market Scope:
Following the market valuation phase, we embarked on an exhaustive primary research endeavor to gather, analyze, and validate crucial data. This encompassed evaluating market size, forecasting, identifying key drivers, and cross-referencing data during statistical analysis. Employing both top-down and bottom-up methodologies, alongside other validation techniques, we meticulously scrutinized market segments and sub-segments outlined in this study. All collated data underwent rigorous qualitative and quantitative analysis to ensure the provision of robust insights in the report.
Global Automatic Identification System Market Segmentation
by Class
Class A
Class B
By Category, Class A is expected to continue to be the most widely used system in the naval industry in the upcoming years due to its capabilities that allow it to send and receive safety text messaging at a nominal transmit power of 12.5 watts and its simple installation process. The commercial maritime industry's demand for Class B Automatic Identification Systems increased by 2.6% between 2018 and 2022 as a result of features that only use 2 watts to deliver messages.
by Platform
Vessel Based
Onshore Based
Through Platform Vessel Based System is expected to dominate the Platform segment of the Automatic Identification System Market in the upcoming years due to the growing number of countries that have made it mandatory for vessel carrier services to install Automatic Identification Systems on naval vessels weighing between 300 and 50000 tonnes. The demand for Automatic Identification Systems from Onshore Based Platforms in the Oil & Gas, Coal, and Methanol industries increased by 3.1% in the second decade of this century as a result of the growing number of maritime drilling operations.
by Application
Monitoring
Navigation
Tracking
Maritime Security
Search & Rescue
Fleet Management
Others
Through Application As a result of an increase in marine accidents and a rise in the need for equipment to effectively manage vessel traffic services, Monitoring and Navigation is expected to dominate the Automatic Identification System Market's Application sector in the years to come. The global commercial naval industry saw a 2.6% growth in demand for Automatic Identification Systems for Maritime Security in the second decade of this century as a result of the growing instances of piracy and the harm they have caused to international trade.
by End-Users
Government
Commercial
Through End Users, In the upcoming years, it is anticipated that the Commercial sector will continue to hold a dominant position as the End User of the Automatic Identification System due to the large commercial naval sector, growing demand for digitalization, and advancements in technology utilized by goods-carrying naval vessels. The need for Automatic Identification Systems by Marine Traffic Management bodies of governments in both developed and developing countries increased by 3.6% between 2018 and 2022 as a result of the growing reliance on the naval sector to boost GDPs and the expansion of facilities offered by nations to their exporting industry.
Table of Content: Global Automatic Identification System Market
Part 01: Executive Summary
Part 02: Scope of the Global Automatic Identification System Market Report
Part 03: Global Global Automatic Identification System Market Landscape
Part 04: Global Global Automatic Identification System Market Sizing
Part 05: Global Global Automatic Identification System Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Global Automatic Identification System Market Key Players
1. Comar Systems Ltd.
2. Hodges Marine
3. Honeywell International Inc.
4. SAAB AB
5. L3 Harris Technology Inc.
6. SRT Marine Systems PLC
7. Raytheon Technologies Corporation
8. FURUNO Electric Co., Ltd.
9. CNS Systems
10.Wartsila
11.ONWA Marine Electronics Co., Ltd.
12.Thales Group
13.Garmin Ltd.
14.Japan Radio Co.
15.ORBCOMM
16.True Heading
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Global Automatic Identification System Market Regional Insights
The thorough regional analysis carried out by Global Automatic Identification System market research precisely identifies market drivers and illuminates’ changes in regional regulations, impacting current and future market trends. By carefully examining both established and emerging trends, the research aims to evaluate the untapped potential within the market and identify profitable trends to improve market positioning. This assessment, covering the current landscape and anticipated developments, forms the basis for understanding the dynamics of geographical markets.
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Key questions answered in the Global Automatic Identification System Market are:
- What is Global Automatic Identification System ?
- What is the growth rate of the Global Automatic Identification System Market?
- Which are the factors expected to drive the Global Automatic Identification System market growth?
- What are the different segments of the Global Automatic Identification System Market?
- What growth strategies are the players considering to increase their presence in Global Automatic Identification System ?
- What are the upcoming industry applications and trends for the Global Automatic Identification System Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Global Automatic Identification System Market?
- Who are the leading companies and what are their portfolios in Global Automatic Identification System Market?
- What segments are covered in the Global Automatic Identification System Market?
- Who are the key players in the Global Automatic Identification System market?
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Key Offerings:
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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