Global Automatic Identification System Market Overview

The Global Automatic Identification System Market is witnessing a rapid evolution driven by technological advancements and shifting consumer demands. As businesses navigate this dynamic landscape, our overview acts as a valuable resource to make informed decisions and capitalize on emerging opportunities.

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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.

Global Automatic Identification System Market Report Scope and Research Methodology

Our comprehensive Global Automatic Identification System market report provides a detailed estimation of market sizes and segments, incorporating qualitative and quantitative aspects. Through an analysis of drivers, challenges, and investment opportunities, stakeholders gain valuable insights. We delve into major companies' competitiveness, products, and regional markets, utilizing primary and secondary research to facilitate higher growth in the Global Automatic Identification System market.

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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

by End-Use

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.

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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

Global Automatic Identification System Market Regional Insights

Our report offers a comprehensive analysis, covering all factors, market size, growth rate, and import-export activities across different regions. Through regional analysis, we examine the current status of the Global Automatic Identification System market in various countries.

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Key questions answered in the Global Automatic Identification System Market are:

• What is Global Automatic Identification System ?
• What was the Global Automatic Identification System market size in 2022?
• 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 major challenges could the Global Automatic Identification System Market face in the future?
• What segments are covered in 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?

Key Offerings:

• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• 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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