MRO Magazine

Research and Markets: Global Automatic Identification System Market Expected to Reach $1076.34 Million by 2020


May 28, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/q9k7rm/automatic) has announced the addition of the “Automatic Identification System Market by Class, by Platform, by Application, and by Geography – Global Forecasts & Analysis 2014 – 2020” report to their offering.

Automatic Identification Systems or simply AISs are designed to enable tow-way communications between various vessels and onshore based coastal authorities. The system is capable of providing static, dynamic and voyage data about a ship to other ships in vicinity and to closing coastal authorities. According to the Regulation 19 of SOLAS (safety of life at sea) chapter V, every ship needs to integrate shipborne navigational equipment depending upon the type of ship. In the year 2000, International Maritime Organization (IMO) revised the requirement of carriage of navigational equipment and passed a mandate that states that all ships to carry automatic identification system.

In this report the automatic identification system market is categorized on the basis of platform (Vessel-based, onshore-based, and satellite-based), on the basis of Class (Class A, Class B and Only receiver), on the basis of Application (traffic management, vessels tracking, ocean race management, maritime security, marine environment protection, and fishery control) and by Geography. It also discusses about various automatic identification system components that constitute the whole communication or data transfer systems. Furthermore, it contains revenue forecast and technological trends that are predominant in this market.

The automatic identification system market in this report is divided into five major geographies, namely, North America, Europe, Asia-Pacific, the Middle East, and the Rest of the World (RoW). It is expected that the automatic identification system market would be valued around $803.43 million in 2014; Asia-Pacific region is expected to register higher CAGR during the forecast period, led by China. In order to manage the increasing marine traffic and to monitor and track vessels at sea, serves as the major driver for the growth of AIS market.

Key Topics Covered

  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Premium Insights
  5. Market Overview
  6. Industry Trends
  7. Automatic Identification System Market, By AIS Class
  8. AIS Market, By Platform
  9. AIS Market, By Application
  10. Geographic Analysis
  11. Competitive Landscape
  12. Company Profiles (Business Overide, Products & Services, Key Strategy, Recent Developments, SWOT Analysis, MNM View)
  13. Appendix

Companies Mentioned

  • Exactearth
  • Furuno Electric
  • Garmin International.
  • Honeywell International
  • Japan Radio
  • Kongsberg Seatex.
  • L-3 Communications Holdings
  • Luxspace
  • Orbcomm
  • Raytheon
  • SAAB Transponder Tech
  • Thales Group

For more information visit http://www.researchandmarkets.com/research/q9k7rm/automatic

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Aerospace and Defence, Satellite