Automatic Identification System Market Overview:

Through the use of radio signals transmitted on specific VHF radio frequencies, the Automatic Identification System can identify and track the location of naval vessels. The Automatic Identification System (AIS) shows the volume of traffic in a given area and offers useful data on marine traffic, navigation, and the dangers that naval vessels operating in international waters must contend with. The Automatic Identification System Market has experienced tremendous growth as a result of the increasing preference for using the sea to begin international trade, changes in government policies relating to the mandatory installation of a radio system on naval vessels, unpredictable environmental changes in the sea, and an increase in piracy.

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Automatic Identification System Market Scope:

This market report heavily relies on secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and other databases, to find and collect appropriate excerpts for this study.

Segmentation:

Using Platform, Vessel-based systems are expected to dominate the Platform segment of the Automatic Identification System Market in the upcoming years due to an increase in the number of countries requiring vessel carrier services to instal Automatic Identification System on naval vessels carrying weight between 300 and 50000 tonnes. In the second decade of this century, the onshore-based platforms of the oil and gas, coal, and methanol industries saw a 3.1% increase in demand for automatic identification systems because of the increase in the number of marine drilling projects.

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Automatic Identification System Market Key Players:

Primary and secondary research is used to identify market leaders, while primary and secondary research is used to determine market revenue. Primary research included extensive interviews with key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the top manufacturers' annual and financial reports. Secondary sources are used to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then cross-checked with primary sources. The major players in the Automatic Identification System market are as follows:

Comar Systems Ltd.
Hodges Marine
Honeywell International Inc.
SAAB AB
L3 Harris Technology Inc.
SRT Marine Systems PLC
Raytheon Technologies Corporation
FURUNO Electric Co., Ltd.
CNS Systems
Wartsila
ONWA Marine Electronics Co., Ltd.
Thales Group
Garmin Ltd.
Japan Radio Co.
Automatic Identification System Market Regional Analysis:

Individual market influencing elements and changes in market laws that influence current and future market trends are also included in the geographical overview of the Automatic Identification System market study. Current and future trends are examined to assess overall market potential and identify profitable trends in order to gain a more stable footing. The geographical market assessment is based on the current environment and expected developments.

Key Questions Answered in the Automatic Identification System Market Report are:

Which segment held the largest share of the Automatic Identification System market in 2021?
What is the competitive landscape of the Automatic Identification System market?
What are the primary factors promoting Automatic Identification System market growth?
Which region has the most control over the Automatic Identification System market?
What will be the CAGR of the Automatic Identification System market during the forecast period (2021-2029)?
Key Offerings:

Market Share, Size & Forecast by Revenue | 2022−2029.
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by Application, and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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