The global market for Automatic Identification Systems is estimated at US$292.6 Million in 2023 and is projected to reach US$442.6 Million by 2030, growing at a CAGR of 6.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Automatic Identification Systems market is driven by several factors, including advancements in digital communication technology, regulatory mandates, and the expanding scope of maritime operations. As technology evolves, the efficiency and capabilities of AIS equipment improve, offering enhanced data accuracy and reliability which are vital for safety in increasingly congested maritime spaces. Regulatory bodies worldwide continue to enforce stringent standards for maritime safety, which mandate the use of AIS in an expanding range of vessels and operational areas.
Furthermore, the growing emphasis on environmental conservation within maritime contexts drives the adoption of AIS to ensure compliance with marine environment protection standards. Additionally, the expanding use of AIS data for maritime surveillance, fleet management, and logistical operations reflects broader trends in data-driven decision-making, reinforcing the continued importance and expansion of the AIS market globally.
The growth in the Automatic Identification Systems market is driven by several factors, including advancements in digital communication technology, regulatory mandates, and the expanding scope of maritime operations. As technology evolves, the efficiency and capabilities of AIS equipment improve, offering enhanced data accuracy and reliability which are vital for safety in increasingly congested maritime spaces. Regulatory bodies worldwide continue to enforce stringent standards for maritime safety, which mandate the use of AIS in an expanding range of vessels and operational areas.
Furthermore, the growing emphasis on environmental conservation within maritime contexts drives the adoption of AIS to ensure compliance with marine environment protection standards. Additionally, the expanding use of AIS data for maritime surveillance, fleet management, and logistical operations reflects broader trends in data-driven decision-making, reinforcing the continued importance and expansion of the AIS market globally.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Class A Automatic Identification Systems segment, which is expected to reach US$216.6 Million by 2030 with a CAGR of a 6.5%. The Class B Automatic Identification Systems segment is also set to grow at 6.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $82.9 Million in 2023, and China, forecasted to grow at an impressive 7.6% CAGR to reach $60.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automatic Identification Systems Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automatic Identification Systems Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automatic Identification Systems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Bartronics India Ltd., Bartec Auto ID Ltd., Cobham SATCOM, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 155 Featured):
- Bartronics India Ltd.
- Bartec Auto ID Ltd.
- Cobham SATCOM
- Bollore Group
- ACR Electronics, Inc. (Artex)
- Bluebird Inc.
- Convergence Systems Limited
- AIM Global
- ELA Innovation
- BTRANS
- APRYSO
- Bartech
- Antra ID Kft.
- Computers and Programming, sro (P&P)
- Blue Sea Systems
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAFRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
ASIA-PACIFIC
Companies Mentioned
- Bartronics India Ltd.
- Bartec Auto ID Ltd.
- Cobham SATCOM
- Bollore Group
- ACR Electronics, Inc. (Artex)
- Bluebird Inc.
- Convergence Systems Limited
- AIM Global
- ELA Innovation
- BTRANS
- APRYSO
- Bartech
- Antra ID Kft.
- Computers and Programming, sro (P&P)
- Blue Sea Systems
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 622 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 292.6 Million |
Forecasted Market Value ( USD | $ 442.6 Million |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |