Automatic Identification System Market by Technology Advancement and Growing Demand 2020-2025

Global Automatic Identification System Market Status and outlook 2020-2025: This is a most important research for who looks for complete information on the Automatic Identification System market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendor’s information. The forecast market information, SWOT analysis, PESTLE analysis, Automatic Identification System market scenario, and feasibility study are the vital aspects analyzed in this report.

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The automatic identification system market was valued at USD 244.36 million in 2019 and is expected to reach USD 331.06million by 2025, at a CAGR of 5.6% during the forecast period (2020-2025). The increasing adoption for automatic identification system in the maritime sector across the globe is the ongoing trend observed, which is expected to support market growth.

Competitive Landscape
The automatic identification system market is tending toward the fragmented market as the market is dominated by the established players in the market. Due to major innovations and an increase in partnerships by the players with Homeland Security agencies, the market is leading to a massive demand for AIS solutions among players. Key players in the market are – Saab AB, Furuno Electric Co. Ltd, exactEarth Limited, Orbcomm Inc., etc. The recent developments in the market are –

– February 2019 � Garmin will acquire the Dutch smart training company called Tacx to expand its reach into the indoor training market. This offers a ride simulation feature, including racing against other users online in one of six virtual worlds and the ability to prepare for a competition by importing GPS data in advance of the race route.
– October 2018 – The government of Canada planned to invest USD 7.2 Million in exactEarth for over three years to support the development, management, and expansion of exactView RT, the company’s real-time satellite-AIS service. This will further improve and enhance the exactView RT platform with the introduction of new real-time data services, analytics, and applications.

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Important Features that are under Offering and Automatic Identification System Highlights of the Reports:
– Detailed overview of Market
–This report provides pin-point analysis for changing competitive dynamics.
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Automatic Identification System Market
– Strategies of Automatic Identification System players and product offerings
– Potential and niche segments/regions exhibiting promising growth

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What are the market factors that are explained in the report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Analytical Tools: The Global Automatic Identification System Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, Automatic Identification System Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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Automatic Identification System Market Emerging Trends, Technology Technology and Demand 2020 to 2026

The global Automatic Identification System market is valued at US$ 176.8 million in 2020 is expected to reach US$ 209.9 million by the end of 2026, growing at a CAGR of 2.50% during 2021-2026.

The Automatic Identification System Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Top Leading Companies of Global Automatic Identification System Market are Orbcomm Inc., Furuno Electric Co. Ltd., Exactearth Ltd., Kongsberg Inc., Saab Transponder Tech Ab, L-3 Communications Holdings Inc., Garmin International Inc. and others.

Regional Outlook of Automatic Identification System Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

On The Basis Of Product, The Automatic Identification System Market Is Primarily Split Into

Class A
Class B
Class C

On The Basis Of End Users/Application, This Report Covers

Marine Collision Avoidance
Fishery Monitoring And Control
Vessel Traffic Services
Maritime Security
Ocean Race Management
Navigation
Search & Rescue
Environment Rescue
Fleet & Cargo Tracking

This allows understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences, and the vendor landscape of the overall market.

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Following are major Table of Content of Automatic Identification System Industry:

  • Automatic Identification System Market Sales Overview.
  • Automatic Identification System Market Sales Competition by Manufacturers.
  • Automatic Identification System Market Sales Analysis by Region.
  • Automatic Identification System Market Sales Analysis by Type.
  • Automatic Identification System Market Analysis by Application.
  • Automatic Identification System Market -Manufacturers Analysis.

Furthermore, this study will help our clients solve the following issues:

Cyclical dynamics – We foresee dynamics of industries by using core analytical and unconventional market research approaches. Our clients use insights provided by us to maneuver themselves through market uncertainties and interferences.

Identifying key cannibalizes – Strong substitute of a product or service is the most important threat. Our clients can identify key cannibalizes of a market, by procuring our research. This helps them in aligning their new product development/launch strategies in advance.

Spotting emerging trends – The report help clients to spot upcoming hot market trends. We also track possible impact and disruptions which a market would witness by a particular emerging trend. Our proactive analysis help clients to have early mover advantage.

Interrelated opportunities – This report will allow clients to make decisions based on data, thereby increasing the chances that the strategies will perform better if not best in real world.

We Offer Customization on report based on specific client Requirement:

– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234 | +91-750-707-8687

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Global Automatic Identification System Market 2020 Insights and Business Growth 2025

Automatic Identification System – A Market Overview and Forecast 2020 – 2025, This report presents a profound evaluation of basic elements of Automatic Identification System industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in this report. The report also forecasts the potential of the market and reviews thorough analysis of vital segments and regional markets.

“The automatic identification system market was valued at USD 244.36 million in 2019 and is expected to reach USD 331.06 million by 2025, at a CAGR of 5.6% during the forecast period (2020-2025). “

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The increasing adoption for automatic identification system in the maritime sector across the globe is the ongoing trend observed, which is expected to support market growth.

– AIS class-A band has the ability to track large commercial vessels and plan routes for traffic management. This vessel traffic service is similar to air traffic services, where AIS is used to offer navigational advice to the vessels traveling across open waters. Thus, AIS is essential for providing accurate tracking of vessels and for effective maritime traffic management.
– As compared to the global ports, Indian airports are inefficient in terms of cargo handling owing to constraints, such as long dwell time. Many ports are now deploying new technologies where AIS will play a significant role, thereby driving the markets growth.

Competitive Landscape:

The automatic identification system market is tending toward the fragmented market as the market is dominated by the established players in the market. Due to major innovations and an increase in partnerships by the players with Homeland Security agencies, the market is leading to a massive demand for AIS solutions among players. Key players in the market are – Saab AB, Furuno Electric Co. Ltd, exactEarth Limited, Orbcomm Inc., etc.

Scope of the Report

Automatic identification system (AIS) is an automated tracking system that displays other vessels in the vicinity and uses transponders on ships and is used by vessel traffic services (VTS). Automatic identification system helps in better traffic management and prevention of possible maritime collision. It has been observed that automatic identification systems are mainly used for providing safety to the vessels.

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Furthermore, this study will help to solve the following issues:

  • Cyclical dynamics-Report foresees dynamics of industries by using core analytical and unconventional market research approaches.
  • Identifying key cannibalizes– Strong substitute of a product or service is that the most prominent threat. Report includes key cannibalizes of a market, by procuring marketing research. This helps in aligning new product development/launch strategies before.
  • Spotting emerging trends– Report helps to identify upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by a specific emerging trend.
  • Interrelated opportunities–This report will allow making decisions based on data, thereby increasing the chances that the strategies will perform better.

Read Detailed Index of full Research Study at:

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Customization of the Report:

The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

ABOUT US:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

CONTACT US:

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234 | +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com