The global automatic identification system market size reached US$ 273.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 359.2 Million by 2028, exhibiting a growth rate (CAGR) of 5.19% during 2023-2028.
An automatic identification system (AIS) is a tracking system that uses transponders on ships to identify other vessels in the area. It is mainly used by vessel traffic service providers to provide safety to participating vessels. Primarily employed to monitor ships and better control marine traffic, it also assists in the prevention of possible maritime collisions. Automated identification systems function by providing pertinent information, such as unique identification, course speed, and vessel position, which can be displayed on a screen in conjunction with the marine radar. Automatic identification requires the use of transceivers on marine vessels, which when equipped with transceivers, facilitate easy monitoring and tracking. AIS is also being used for the large-scale transmission of critical information regarding environmental conditions to emergency response providers, mariners, and forecasters.
Automatic Identification System Market Trends:
The market is primarily driven by the escalating demand for monitoring and tracking vessels at sea due to a considerable rise in marine traffic, along with the rapid expansion of the naval sector. This can be attributed to the increasing international seaborne trade activities. In line with this, the augmenting need for safety and security of the vessels is acting as another significant growth-inducing factor for the AIS market. Moreover, the incorporation of satellite AIS, Big Data analytics, and the Internet of Things (IoT) connectivity to deliver efficient visibility and control is providing an impetus to the market. Apart from this, continual technological advancements in navigation and maritime traffic management systems, such as remote traffic control systems and remote container management (RCM) solutions, are further creating lucrative growth opportunities in the market. Furthermore, the increasing stringency of marine safety regulations is resulting in a higher product uptake on the global level. Some of the other factors contributing to the market growth include the emergence of smart global ocean trade and supply chains, flourishing e-commerce industry, inflating disposable income levels, and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automatic identification system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on class, component, platform and application.
Breakup by Class:
AIS Base Stations
Breakup by Component:
Central Processing Unit
Breakup by Platform:
Breakup by Application:
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being CNS Systems AB, ComNav Marine Ltd., Furuno Electric Co. Ltd., Garmin Ltd., Japan Radio Co. Ltd. (Nisshinbo Holdings Inc.), Kongsberg Gruppen ASA, Orbcomm, Raymarine Uk Limited (Teledyne FLIR LLC), Saab AB, Spire Global Inc. and Wärtsilä Oyj Abp.
Base Year of the Analysis
Class, Component, Platform, Application, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
CNS Systems AB, ComNav Marine Ltd., Furuno Electric Co. Ltd., Garmin Ltd., Japan Radio Co. Ltd. (Nisshinbo Holdings Inc.), Kongsberg Gruppen ASA, Orbcomm, Raymarine Uk Limited (Teledyne FLIR LLC), Saab AB, Spire Global Inc. and Wärtsilä Oyj Abp
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Key Questions Answered in This Report
The global automatic identification system market was valued at US$ 273.4 Million in 2022.
We expect the global automatic identification system market to exhibit a CAGR of 5.19% during 2023-2028.
The rising number of international seaborne trade activities, along with the growing integration of satellite AIS, big data analytics, and the Internet of Things (IoT) connectivity with automatic identification systems to deliver efficient visibility and control, is primarily driving the global automatic identification system market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous import and export activities, thereby negatively impacting the global market for automatic identification systems.
Based on the class, the global automatic identification system market has been segmented into class A, class B, and AIS base stations. Among these, class A currently holds the majority of the total market share.
Based on the component, the global automatic identification system market can be divided into transmitter, receivers, central processing unit, display, and others. Currently, transmitter exhibits a clear dominance in the market.
Based on the platform, the global automatic identification system market has been categorized into vessel-based and onshore based, where vessel-based currently accounts for the majority of the global market share.
Based on the application, the global automatic identification system market can be segregated into fleet management, vessels tracking, maritime security, and others. Currently, vessels tracking holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global automatic identification system market include CNS Systems AB, ComNav Marine Ltd., Furuno Electric Co. Ltd., Garmin Ltd., Japan Radio Co. Ltd. (Nisshinbo Holdings Inc.), Kongsberg Gruppen ASA, Orbcomm, Raymarine Uk Limited (Teledyne FLIR LLC), Saab AB, Spire Global Inc., and Wärtsilä Oyj Abp.
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