AIS market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. The major factor driving the demand for automatic identification systems includes rapid globalization, international trade, and vessel traffic, rising safety concerns, and increasing regulations imposed by the government for the application of automatic identification systems. Also, the rapid evolution of navigation systems and the growing adoption of advanced technology in a global maritime communication network are some of the other factors anticipated to fuel the demand for the market. For instance, in October 2021, Saab AB entered a memorandum of understanding (MoU) to cooperate with ORBCOMM and AAC Clyde Space AB to develop the next generation of global maritime communication services based on a VHF Data Exchange System (VDES). Both companies, collaborating under a new brand named AOS, aim both for services directed to end customers as well as for the safety of navigation services. The goal of the consortium is to create a global maritime communication network enabling ship-to-ship and ship-to-shore communication across the globe.
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With the help of apparent insights depicted here into a wide range of product and service releases by key competitors in the market, novice players are able to position themselves in the vast market. It is an indispensable need to get detailed idea to track future business growth and this Automatic Identification System (AIS) Market research report is the best medium to get that vision. It also aims at providing market environment along with covering complete market information. Automatic Identification System (AIS) Market research report also enables business owners to have firm grasp over what consumers exactly expect, their future demands, wants and preferences by offering detailed customer related data. It further discusses about key market players and ongoing latest trends.
This informative yet easy to understand Automatic Identification System (AIS) Market study report covers wide-ranging product launch wise latest trends, regulatory shifts and other important factors, which are expected to affect the overall industry growth for the approaching time span 2022-2028. It aims at providing detailed knowledge about what customers exactly want from which key players can make sound decision making for the growth of business. It also aims at measuring marketing effectiveness. SWOT Analysis technique is also employed to form the market research report to cover helpful opportunities, possible challenges and threats. Impact of new corona virus on the global economy is also shared in this Automatic Identification System (AIS) Market report. Collaborations, mergers and acquisitions like strategies are also covered in this market study report.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automatic Identification System (AIS) Market Report Segment
By Platform
- Vessel-based
- On-shore
By Application
- Fleet Management
- Vessel Tracking
- Maritime Security
- Other Applications
o Accident investigation
o Infrastructure Protection
Global Automatic Identification System (AIS) Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automatic identification system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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