Automatic Identification System Market By System Type, By End User, By Region, Industry Analysis and Forecast, 2022 – 2027

 Automatic Identification System Market is projected to grow at a prolific CAGR of 7.0%, recording a valuation of US$ 348.5 Mn between 2022 – 2027.

An automatic identification system (AIS) is a tracking system used on ships to increase the safety aspect of sailing. A new research report by Future Market Insights briefs all about the global automatic identification system. This comprehensive research report is titled, “Automatic Identification System Market: Global Industry Analysis (2012-2021) and Opportunity Assessment (2022-2027)”, which presents the current market scenario along considering the dynamics affecting it.

Request a Sample Report @ 
https://www.futuremarketinsights.com/reports/sample/rep-gb-1096

Global Automatic Identification System Market: Trends And Opportunities

The robust growth rate expected for global automatic identification system is a result of mandating government regulations to use AIS due to rising safety concerns. Owing to this, players associated with the automatic identification system market are focusing on research & development and continuously upgrading their product portfolios in order to meet the demands of the competitive automatic identification system market.

The emergence of satellite or cloud based communication is also a great opportunity for major players to develop innovative offerings which integrate modern AIS with satellites. Cloud management for AIS is at a development stage, and soon, it will have a high demand in the market due to its advanced and smart features. Companies providing this feature will have huge opportunity by being technologically ahead in the market.

Global Automatic Identification System Market: Segmental Analysis

  • Based on Region, APEJ is expected to be the strongest region, with market size expected to reach over US$ 130 Mn by the end of 2027, growing at a CAGR of 7.1% during the forecast period. In terms of growth rate, MEA is also expected to be one lucrative segment during the forecast period.
  • Based on Application, vessel tracking segment dominates the market with a high market size and growth rate. It is expected to reach a market size of over US$ 180 Mn by the end of 2027, growing at a CAGR of 8.8% during the forecast period.
  • On the basis of Category, the vessel based segment is projected to be the most attractive one in terms of value, with an expected market size of over US$ 250 Mn by the end of 2027. Among the types of vessel based AIS, class A contributes the most in the growth of vessel based products.

Get More Information on this Report @
https://www.futuremarketinsights.com/reports/automatic-identification-system-market

Global Automatic Identification System Market: Competitive Landscape

FMI’s report on the Global Automatic Identification System market includes a major section on the competitive analysis of the market. This section briefs the major players who are leading in the global automatic identification system market. Some of these key players mentioned in the report are Wartsila Corporation, Japan Radio Corporation, L3 technologies, Orbcomm Inc., Garmin, True Heading AB, Raymarine, Jotron AS, C.N.S. Systems AB, ACR Electronics Inc., ONWA Marine Electronics Co. Ltd etc.

Automatic Identification System Market By Category

By Category:

  • Vessel Based
  • Shore Based

By Application:

  • Fleet Management
  • Vessel Tracking
  • Maritime Security
  • Others

By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  •  Middle East & Africa

Comments

Post a Comment

Popular posts from this blog

OTT Content Market Research Report 2022 to Global Forecast till 2032

 The global  OTT content market  is anticipated to reach a valuation of US$ 434.98 Bn by 2032, with the market expanding at a prolific CAGR of 17.4% from 2022 to 2032. Predicted to reach an estimated US$ 87.46 Bn in 2022, the target market is likely fueled by a notable surge in market penetration as well as escalating demand for subscription-based services in emerging economies. The heightened popularity of live streaming channels will further aid the growth of the OTT content market during the forecast period. The deep market penetration of 4G and rising 5G infrastructure development across the globe aids the market growth of OTT content. An upsurge in high-speed bandwidth- which is an important criteria for proper functioning OTT services- propels the target market growth. The widespread usage pf high speed internet and smartphones, at competitive prices, amplifies the demand for the OTT content market. The gradual preference for SVOD over conventional TV services will supplement thi
Read more

Digital Transformation in Healthcare Market Trends | Segmentation, Outlook, Industry Report to 2033

 The global  digital transformation in healthcare market  is valued at approximately USD 65.2 billion in 2023. It is anticipated to grow to about USD 253.6 billion by 2033, with a consistent annual growth rate of 14.5% from 2023 to 2033. As digital health platforms like telehealth, mobile health, and wireless technologies become more common in medical facilities and nursing homes, they are providing patients with immediate access to medical care. This has made digital health a widely recognized term in healthcare. The impact of digital technology on various sectors such as public, retail, banking, financial services, and insurance (BFSI), and production is tremendous, but it has evolved into a game-changing technology in the medical field as end users’ reliance on digital health platforms grows. Request for a Sample of this Research Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-708 The emergence of healthcare smartphone applications and incentive proposals by gover
Read more

Flame Arrestor Market 2023 Outlook, Current and Future Industry Landscape Analysis 2030

  The Flame Arrestor market is witnessing robust demand due to increased industrial safety regulations. Growing awareness of explosion prevention measures in various sectors, including oil and gas, chemicals, and manufacturing, is driving the adoption of flame arrestors. The market is poised for expansion as companies prioritize safety solutions to mitigate the risk of fire and explosions. Flame Arrestor Market size was valued at USD 923.8 million in 2022 and is expected to grow to USD 1540.4 million by 2030 and grow at a CAGR of 6.6% over the forecast period of 2023-2030. In today's fast-paced corporate world, where agility and intelligence define success, having a sophisticated understanding of market dynamics is critical. In this environment, our thoroughly prepared Flame Arrestor market research study shines as a beacon of unrivaled wisdom, guiding businesses to strategic brilliance. Our study, crafted with accuracy and predicated on thorough data analysis, doesn't just ski
Read more