Automatic Identification System Market Size And Forecast by 2031

Data Bridge Market Research analyses that the automatic identification system market will exhibit a CAGR of 4.50% for the forecast period of 2021-2028. . Automatic Identification System Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of  Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

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 Which are the top companies operating in the Automatic Identification System Market?

The “Global Automatic Identification System Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Automatic Identification System Market extension. This Automatic Identification System Market report provides the information of the Top 10 Companies in Automatic Identification System Market in the market their business strategy, financial situation etc.

**Segments**

- **Component**: The component segment of the automatic identification system market includes hardware, software, and services. Hardware components consist of AIS transponders, receivers, antennas, and others. Software components involve AIS data processing software, monitoring software, and others. Services comprise installation, maintenance, and support services among others.
- **Class**: Automatic identification systems are classified into Class A, Class B, and Class S systems. Class A systems are mandated for larger vessels and have superior performance features. Class B systems are more affordable and are typically used on smaller vessels. Class S systems are satellite-based and provide global coverage.
- **Platform**: The platform segment encompasses vessel-based AIS and land-based AIS systems. Vessel-based AIS are installed on ships for communication and collision avoidance. Land-based AIS are positioned on coastal stations to monitor vessel movements and enhance maritime safety.
- **Application**: Automatic identification systems find applications in vessel tracking, maritime surveillance, fishery control, search and rescue operations, and others. Vessel tracking is the most common application, aiding in monitoring ship movements for safety and security purposes.

**Market Players**

- Saab AB
- Furuno Electric Co., Ltd.
- Japan Radio Co., Ltd.
- exactEarth Ltd.
- ORBCOMM
- Garmin Ltd.
- Kongsberg Gruppen
- L3Harris Technologies, Inc.
- Raytheon Technologies
- Thales Group

The global automatic identification system market is anticipated to witness substantial growth during the forecast period from 2021 to 2028. Factors such as the increasing focus on maritime safety and security, rising maritime trade activities, and mandatory AIS installation regulations by organizations such as the International Maritime Organization (IMO) are driving market growth. The component segment, especially hardware, is expected to dominate the market due to the demand for AIS transponders and receivers for vessel communication and collision avoidance. Additionally, the software segment is projected to witness significant growth as the need for AIS data processing andThe global automatic identification system (AIS) market is poised for remarkable growth driven by several key factors. The market is segmented into components, classes, platforms, and applications, each playing a crucial role in shaping the industry landscape. Within the component segment, hardware, software, and services form the key divisions. Hardware components such as AIS transponders, receivers, and antennas are vital for vessel communication and collision avoidance. The software segment, including AIS data processing and monitoring software, is expected to witness significant growth due to the increasing demand for advanced data analytics solutions. Services like installation, maintenance, and support will also be in high demand as organizations seek to optimize their AIS systems.

In terms of classes, the differentiation between Class A, Class B, and Class S systems is essential for catering to the diverse needs of vessel operators. Class A systems, mandated for larger vessels, offer superior performance features, while Class B systems provide a more cost-effective solution for smaller vessels. Class S systems, leveraging satellite technology, provide global coverage, enhancing overall maritime safety and security. The platform segment, comprising vessel-based AIS and land-based AIS solutions, further diversifies the market offerings. Vessel-based AIS systems are crucial for onboard communication and collision avoidance, while land-based AIS installations play a key role in monitoring vessel movements from coastal stations.

The application of automatic identification systems spans various sectors, including vessel tracking, maritime surveillance, fishery control, and search and rescue operations. Vessel tracking is one of the primary applications of AIS, enabling real-time monitoring of ship movements for enhanced safety and security measures. The increasing adoption of AIS across these diverse applications underscores its importance in modern maritime operations.

Key market players such as Saab AB, Furuno Electric Co., Ltd., ORBCOMM, and Thales Group are actively contributing to the growth and innovation in the AIS market. These companies are investing in research and development to introduce advanced AIS solutions that cater to the evolving needs of the maritime industry. Collaborations and**Market Players**

- Saab
- FURUNO ELECTRIC CO., LTD.
- exactEarth
- ORBCOMM
- KONGSBERG
- L3Harris Technologies, Inc.
- Japan Radio Co.
- Garmin Ltd.
- CNS Systems
- Wärtsilä
- COMNAV
- True Heading
- Jotron
- FLIR Systems, Inc.
- ACR Electronics, Inc.
- ONWA MARINE ELECTRONICS CO. LTD.
- Honeywell International Inc.
- SRT Marine Systems plc (SRT)
- Raytheon Technologies Corporation
- Thales Group

The global automatic identification system (AIS) market is poised for remarkable growth driven by several key factors. The market is segmented into components, classes, platforms, and applications, each playing a crucial role in shaping the industry landscape. Within the component segment, hardware, software, and services form the key divisions. Hardware components such as AIS transponders, receivers, and antennas are vital for vessel communication and collision avoidance. The software segment, including AIS data processing and monitoring software, is expected to witness significant growth due to the increasing demand for advanced data analytics solutions. Services like installation, maintenance, and support will also be in high demand as organizations seek to optimize their AIS systems.

In terms of classes, the differentiation between Class A, Class B, and Class S systems is essential for catering to the diverse needs of vessel operators. Class A systems,

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Overview of the Automatic Identification System Market Research Report

The Automatic Identification System Market research report commences with an in-depth overview covering definitions, applications, product/service launches, developments, challenges, and regional analysis. The forecast underlines robust growth fueled by increasing consumption in diverse markets. Furthermore, the report delves into current market trends and key characteristics.

Objectives of the Report

Conduct a comprehensive investigation to forecast the value and volume of the Automatic Identification System Market.

Analyze and project market shares for major segments within the Automatic Identification System Market.

Depict the evolving landscape of the Automatic Identification System Market across global regions.

Examine and assess micro markets, their contributions, and growth potential within the Automatic Identification System Market.

Provide accurate insights into the factors driving the growth of the Automatic Identification System Market.

Offer a detailed analysis of key strategies adopted by major companies, such as R&D, collaborations, agreements, partnerships, acquisitions, mergers, new product launches, and other strategic initiatives.

Market Overview

The study concentrates on the present state of the Automatic Identification System Market, evaluating key statistics including CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and year-over-year growth. This thorough analysis is conducted using the latest primary and secondary research methods. Leading company profiles are scrutinized based on factors like the markets they serve, production, revenues, market shares, recent developments, and gross profit margins. The report also provides a detailed exploration of market drivers, constraints, opportunities, challenges, and trends within the market dynamics section.

Table of Contents: 
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report DescriptionMarket Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Application
Market Snapshot, By Region
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
And more...

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