impact of recession on your business
Automatic Identification System Market

Automatic Identification System Market by Application (Fleet Management, Vessels Tracking, Maritime Security, Other Applications), by Class (Class A, Class B, & AIS Base Stations), by Platform (Vessel-Based, and Onshore-Based), by Regions and Global Forecast 2022-2028

Report Id: SNS/A&D/2082 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Automatic Identification System Market Size was valued at USD 244.0 million in 2021 and US$ 257.44 million in 2022, expected to reach USD 354.97 million by 2028, and grow at a CAGR of  5.5% over the forecast period 2022-2028.

The automatic detection system is an automated tracking system that uses transceivers on ships and is used by vessel traffic services to automatically track vessels to avoid any kind of collisions. It is designed to enable dual communication between different vessels and coastal authorities based on the coast. The system can provide static, dynamic, and cruise data about one vessel to other nearby vessels and nearby coastal authorities. In addition, AIS machines provide information such as different identities, course, speed, and on-screen location. These facilities are designed to assist the navigator by allowing maritime authorities to monitor and monitor the movement of ships. In addition, the existing transponder transmission system installed with these AISs is used to operate on a marine band operating at very high frequencies. This automated diagnostic system includes a standard VHF transceiver with a suspension system such as a GPS receiver and additional electronic navigation sensors that include a gyro-compass or rotation indicator. Moreover, because these systems are completely automated, they do not require human intervention, which is the main reason for widespread use. In addition, these systems are not affected by rain and can provide long wavelengths, which allows for better monitoring of the movement of vessels, especially at night.

Automatic Identification System Market Graph

MARKET DYNAMICS:

KEY DRIVERS: 

  • Coastal Surveillance are Enhanced

  • Improved Navigation and Traffic Management

RESTRAINTS:

  • Growing Concerns about the Quality and Reliability of AIS Information

  • Reporting Capabilities and Range

CHALLENGES:

  • Data Manipulation Practices by AIS

OPPORTUNITIES:

  • Now casts Based on AIS for Real-Time Trade Activity

  • Government Involvement gets Increasing

THE IMPACT OF COVID-19

Local authorities have imposed restrictions on cargo ships and passengers to stop at ports due to the outbreak of the COVID-19 epidemic. Most of the merchant sailors were trapped inside the ship because of this. Shipowners were required to pay additional costs as their vessels were trapped in the water for extended periods. In addition, due to the outbreak, shipping was banned which resulted in a large number of seafarers reaching the conclusion of their employment contract and in need of renewal. In addition, in order to reduce the risk of the spread of COVID-19 there has been a reduction in the import and export of products and goods. In addition, all shipbuilding, ship repair & repair work has been suspended due to the epidemic. This has a direct impact on the market for automated diagnostic system. In addition, there has been a shortage of equipment needed to make hardware as there has been supply chain disruption and termination of cost control contracts. All of these factors have affected the market growth of automated diagnostic systems due to the COVID-19 epidemic.

The platform deployment of the automatic identification system varies depending on whether it is onshore, vessel-based, or satellite-based. Because of their high quantity and favourable regulatory mandate, vessel-based automatic identification systems are likely to dominate the global market.

The automatic identification system is classified into three types: Class A, Class B, and Class C, which are both transponders, and Class C, which is an automatic identification system receiver. The automatic identification system is primarily used in the marine industry for collision avoidance, fishery monitoring and control, vessel traffic services, maritime security, ocean race management, navigation, search and rescue, environment rescue, fleet and cargo tracking, and accident investigation. The government has created necessary regulations for the implementation of AIS in order to improve ship safety and security. In 2000, the International Maritime Organization (IMO) mandated that all ships carry AIS capable of automatically communicating information about the ship to other ships and coastal authorities. The regulation mandates the installation of AIS on all ships of 300 gross tonnage or greater participating in international trips, cargo ships of 500 gross tonnage or greater that are not engaged in international voyages, and all passenger ships of any size. Strict government regulation is consequently projected to promote the growth of the market for automatic identification systems.

The necessity for efficient marine traffic management is projected to drive the automatic identification system market during the forecast period. In order to prevent marine accidents and improve marine traffic management, the International Maritime Organization has recommended that vessels install automatic identifying systems. Increased international trade and maritime traffic are projected to fuel the automatic identification system market. Growing need for vessel identification and tracking, safety and security concerns, and the requirement for effective traffic control are all projected to fuel market expansion over the projection period. The expensive expense of technology, on the other hand, may limit industry expansion. The increasing pace of globalization is likely to provide considerable opportunities for expansion in the automation identification system market.

MARKET KEY PLAYER

Orbcomm Inc, Furuno Electric Co. Ltd, Exactearth Ltd, Kongsberg Gruppen ASA, SAAB Transponder Tech AB, L-3 Communications Holdings Inc, Garmin International Inc, Honeywell International Inc, Raytheon Ltd., CNS Systems AB., and other players.

KEY MARKET SEGMENTS:

 by Application:

  • Fleet Management

  • Vessels Tracking

  • Maritime Security

  • Other Applications

by Class:

  • Class A

  • Class B

  • AIS Base Stations

by Platform:

  • Vessel-Based

  • Onshore-Based

Automatic Identification System Market Segment Chart

REGIONAL ANALYSIS

Because of the region's strong safety procedures and mandates, North America is likely to lead the worldwide automatic identification system market. In Canada, for example, the federal Navigation Safety Regulations require the installation of automatic identification systems in vessel tracking systems, which give vessel position updates and related data to marine traffic operators automatically. The Asia Pacific automatic identification system market is predicted to grow rapidly due to increased adoption of development programme by regional authorities.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Automatic Identification System Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 244.0 Million
Market Size by 2028 US$ 354.97 Million
CAGR CAGR of 5.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Application (Fleet Management, Vessels Tracking, Maritime Security, Other Applications)
• By Class (Class A, Class B, & AIS Base Stations)
• By Platform (Vessel-Based, and Onshore-Based)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Orbcomm Inc, Furuno Electric Co. Ltd, Exactearth Ltd, Kongsberg Gruppen ASA, SAAB Transponder Tech AB, L-3 Communications Holdings Inc, Garmin International Inc, Honeywell International Inc, Raytheon Ltd., CNS Systems AB., and other players.
DRIVERS • Coastal Surveillance are Enhanced
• Improved Navigation and Traffic Management
RESTRAINTS • Growing Concerns about the Quality and Reliability of AIS Information
• Reporting Capabilities and Range


Frequently Asked Questions (FAQ) :

According to SNS insiders, the Automatic Identification System Market size was USD  2.44 billion in 2021 and is expected to reach USD 3.54 billion by 2028 with a CAGR of  5.5% over the forecasted period.

The sample for the Automatic Identification System Market report is available on the website upon request. To obtain the sample report, you can also use the 24*7 chat support and direct call services.

Coastal Surveillance are Enhanced and Improved Navigation and Traffic Management

Now casts Based on AIS for Real-Time Trade Activity and Government Involvement gets Increasing

Orbcomm Inc, Furuno Electric Co. Ltd, Exactearth Ltd, Kongsberg Gruppen ASA, SAAB Transponder Tech AB, L-3 Communications Holdings Inc, Garmin International Inc, Honeywell International Inc, Raytheon Ltd., CNS Systems AB.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Automatic Identification System Market, by Application

8.1 Fleet Management

8.2 Vessels Tracking

8.3 Maritime Security

8.4 Other Applications

 

9.Automatic Identification System Market, by Class

9.1 Class A

9.2 Class B

9.3 AIS Base Stations

 

10.Automatic Identification System Market, by Platform

10.1 Vessel-Based

10.2 Onshore-Based

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 Raytheon Company

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

 

12.2 Garmin International Inc

12.3 Honeywell International Inc

12.4 CNS Systems AB

12.5 Orbcomm Inc

12.6 Furuno Electric Co. Ltd

12.7 Exactearth Ltd

12.8 Kongsberg Gruppen ASA

12.9 SAAB Transponder Tech AB

12.10 L-3 Communications Holdings Inc

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.