Automatic Identification System Market Size, Share, Growth Analysis, By Class(Class A AIS, Class B AIS, AIS base stations), By Platform(Vessel-Based Platform, On-shore based Platform), By Application(Vessel Tracking, Maritime Security, Other Applications), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45E2117 | Region: Global | Published Date: September, 2024
Pages: 197 |Tables: 90 |Figures: 76

Automatic Identification System Market Insights

Global Automatic Identification System Market size was valued at USD 59.83 billion in 2023 and is poised to grow from USD 66.83 billion in 2024 to USD 161.96 billion by 2031, growing at a CAGR of 11.70% during the forecast period (2024-2031). 

Global Automatic Identification System (AIS) market has experienced significant growth in recent years and is expected to continue expanding in the foreseeable future. AIS technology, which enables the automatic tracking and monitoring of vessels, has become crucial in enhancing maritime safety, security, and efficiency. One key market insight is the increasing adoption of AIS in the commercial shipping industry. With the rising demand for efficient logistics and supply chain management, AIS provides real-time vessel tracking, enabling companies to optimize routes, improve operational efficiency, and ensure timely delivery of goods. The mandatory implementation of AIS by regulatory authorities in many regions further drives market growth. Another important trend is the emergence of satellite-based AIS solutions. Satellite-based AIS overcomes the limitations of traditional VHF-based systems by extending coverage to remote areas and enabling global vessel tracking. This technology has gained traction in maritime surveillance, search and rescue operations, and monitoring of illegal fishing activities. The demand for satellite-based AIS is expected to rise as maritime authorities and defense organizations seek comprehensive maritime domain awareness capabilities.

The defense and security sector also presents significant opportunities for the AIS market. Governments worldwide are investing in advanced maritime surveillance systems to safeguard national borders, counter maritime threats, and combat illegal activities. AIS plays a critical role in enhancing situational awareness and enabling effective response measures. As a result, AIS providers are focusing on developing robust solutions tailored to defense and security applications. Geographically, the Asia Pacific region is expected to witness substantial growth in the AIS market. The region's expanding maritime trade, increasing port activities, and stringent regulatory norms for vessel safety and security contribute to the market's growth. Additionally, the rising investments in port infrastructure development and the growing awareness of AIS benefits drive the adoption of AIS technology in the region.

Market Snapshot - 2024-2031

Global Market Size

USD 59.83 billion

Largest Segment

Class A

Fastest Growth

 Class B

Growth Rate

11.70% CAGR

Global Automatic Identification System Market ($ Bn)
Country Share for North America Region (%)

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Automatic Identification System Market Segmental Analysis

Global Automatic Identification Syestem Market is segmented by type, application, and region. Based on Type, the market can be segmented into Class A AIS, Class B AIS, and AIS Base Station. Based on application, the market is segmented into Vessel-Based Platform, and Onshore-Based Platform. Based on application, the market is segmented into Vessel Tracking, Maritime Security, and Other Applications. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. 

Analysis by Type 

The global Automatic Identification System (AIS) market exhibits a dominant presence of Class B AIS devices. These devices are extensively utilized by smaller vessels, leisure boats, and non-mandatory vessels, offering essential AIS functionalities at a more affordable cost than Class A AIS devices. Consequently, Class B AIS has gained widespread adoption, catering to a diverse range of maritime applications and enjoying a significant market share.  

Regarding the fastest-growing segment, Satellite AIS (S-AIS) emerges as the frontrunner. S-AIS has experienced rapid expansion due to its capacity to extend AIS coverage to remote areas, open oceans, and regions with limited ground-based infrastructure. By leveraging satellite communication, S-AIS captures AIS signals from vessels, enabling global vessel tracking and monitoring capabilities. This technology has garnered substantial interest in domains such as maritime surveillance, search and rescue operations, and the monitoring of illegal fishing activities. The escalating demand for comprehensive maritime domain awareness and the increasing need for real-time vessel tracking in remote locations propel the accelerated growth of Satellite AIS, making it the fastest-growing segment in the AIS market. 

Analysis by Application 

In the global Automatic Identification System (AIS) market, the most dominant application is vessel tracking and monitoring. Vessel tracking and monitoring encompass the core functionality of AIS, providing real-time information about vessel positions, speeds, and headings. This application is widely adopted across various maritime sectors, including commercial shipping, fishing, defense, and search and rescue operations. 

The dominance of vessel tracking and monitoring is driven by its critical role in ensuring maritime safety, optimizing logistics and supply chain management, and improving operational efficiency. AIS enables accurate and timely tracking of vessels, allowing for effective collision avoidance, route optimization, and efficient resource allocation. Furthermore, regulatory requirements mandating AIS implementation in commercial vessels contribute to the widespread adoption of this application.  

As for the fastest-growing application in the AIS market, the fishing industry stands out. AIS is increasingly being adopted in the fishing sector to monitor and manage fishing activities, ensuring compliance with regulations and combating illegal, unreported, and unregulated (IUU) fishing practices. With the growing concerns about overfishing and the need to preserve marine ecosystems, governments and fisheries management organizations are emphasizing the use of AIS to enhance transparency and sustainability in the fishing industry. 

Global Automatic Identification System Market By Type

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Automatic Identification System Market Regional Insights

North America dominated the global market. The region has a well-developed maritime infrastructure, with major ports and a thriving commercial shipping industry. The United States, in particular, has stringent regulations mandating AIS implementation for vessels of certain sizes and types. These factors have contributed to the high adoption of AIS solutions in North America. Additionally, the region has witnessed increasing investments in maritime domain awareness and defense capabilities, further driving the demand for AIS technology.

The Asia Pacific region is the fastest-growing market. The region's expanding maritime trade, increasing port activities, and rising concerns over maritime safety and security have fueled the adoption of AIS solutions. Countries like China, Japan, South Korea, and Singapore have been at the forefront of this growth, investing in AIS infrastructure and technologies. Furthermore, the Asia Pacific region has witnessed initiatives to enhance maritime surveillance, combat illegal fishing, and ensure compliance with international regulations, further propelling the demand for AIS systems.

Global Automatic Identification System Market By Region
  • Largest
  • Fastest

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Automatic Identification System Market Dynamics

Drivers 

  • Growing Maritime Trade 

Growing maritime trade is a significant driver of the global Automatic Identification System (AIS) market. As global trade volumes continue to increase, there is a growing need for efficient and secure maritime operations. AIS technology enables real-time tracking and monitoring of vessels, providing critical information such as position, speed, and course. This information is invaluable for optimizing logistics, managing vessel traffic, and ensuring the timely delivery of goods. AIS systems enhance situational awareness, allowing businesses to make informed decisions regarding route planning, port operations, and risk mitigation. The demand for AIS solutions is propelled by the need to improve the safety, efficiency, and reliability of maritime trade, making it a key driver in the global AIS market. 

Restraints 

  • Cost Constraints 

Cost constraints pose a significant restraint on the global Automatic Identification System (AIS) market. The adoption of AIS technology requires substantial investments in equipment, installation, and ongoing maintenance. The cost of AIS transponders, infrastructure, and associated data services can be a significant barrier for small and medium-sized vessels or operators with limited financial resources. The expenses associated with AIS can deter widespread adoption, especially in regions or industries where budgets are constrained. Overcoming the cost constraints and offering more affordable AIS solutions can play a crucial role in expanding the market and ensuring broader accessibility to AIS technology for improved maritime safety and efficiency. 

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Automatic Identification System Market Competitive Landscape

Global Automatic Identification System (AIS) market is highly competitive, with several players vying for a share of the market. The industry is characterized by constant innovation and technological advancements, as companies strive to stay ahead in this rapidly evolving sector. Players in the market offer a diverse range of AIS solutions, including hardware devices, software applications, and integrated systems. Market leaders in the AIS sector have established a strong presence by investing heavily in research and development, enabling them to introduce cutting-edge technologies and stay ahead of the competition. These companies leverage their extensive industry experience and global reach to cater to a wide customer base and expand their market share. Collaborations, partnerships, and mergers and acquisitions are common strategies employed by companies in the AIS market to enhance their competitive position. By joining forces, companies aim to leverage complementary strengths, access new markets, and broaden their product portfolios. These strategic moves also enable companies to pool resources and expertise, leading to accelerated innovation and growth.

Automatic Identification System Market Top Player’s Company Profiles

  • Saab AB (Sweden) 
  • Furuno Electric Co. Ltd. (Japan) 
  • Orbcomm Inc. (US) 
  • Kongsberg Gruppen ASA (Norway) 
  • Japan Radio Company Ltd. (Japan) 
  • True Heading AB (Sweden) 
  • Garmin International (US) 
  • CNS Systems AB (Sweden) 
  • Comnav Marine (Canada)  
  • Honeywell International Inc. (US) 
  • Siemens AG - (Germany) 
  • Zebra Technologies Corporation(US) 
  • Datalogic S.p.A. (Italy) 
  • SICK AG (Germany) 
  • Cognex Corporation (US) 
  • Impinj, Inc. (US) 
  • NXP Semiconductors N.V(Netherlands) 
  • SATO Holdings Corporation(Japan) 
  • Toshiba Tec Corporation(Japan) 
  • Balluff GmbH (Germany) 
  • JADAK, a Novanta Company (US) 
  • Identiv, Inc.(US) 
  • Omron Corporation (Japan) 
  • Alien Technology, LLC (US) 
  • CipherLab Co., Ltd.(Taiwan) 
  • Bluebird Inc. (South Korea) 
  • Denso Wave Incorporated (Japan) 
  • FEIG ELECTRONIC GmbH (Germany) 

Automatic Identification System Market Recent Developments

  • In January 2024, a study conducted by Global Fishing Watch (GFW), a vessel-tracking platform established by Google, Oceana, and SkyTruth, was published in the journal Nature on January 3. Researchers employed deep learning models and analyzed 2 petabytes of satellite imagery to map industrial activities covering over 15% of the world's oceans. They then compared these findings with activities indicated by publicly accessible tracking data. 

  • In 2023, Before creating these new maps, organizations such as Global Fishing Watch relied on the Automatic Identification System (AIS) to monitor these activities. To achieve a more comprehensive global overview, the researchers utilized artificial intelligence to analyze 2,000 terabytes of satellite data from the European Space Agency's Sentinel-1 satellite constellation. 

  • In 2024, the International Monetary Fund (IMF) and the World Bank recently collaborated to leverage the vast amount of information produced by AIS messages. Their goal was to ascertain whether these insights could be utilized to enhance trade analysis, development initiatives, and public policy formulation. 

  • Greenhouse gas emissions from the industry, currently representing 3% of the global total, have risen by 20% over the past decade. If no measures are taken, these emissions could escalate to 130% of their 2008 levels by 2050. 

  • In December, 2022 Thales revealed its latest offering, the Thales multimodal biometric pod, a comprehensive solution designed to facilitate seamless management of border and immigration operations for travelers. This innovative solution combines iris and face capture and recognition capabilities, enabling swift and secure enrollment and verification of individuals at border checkpoints. With its contemporary design, the pod fulfills the requirements of authorities operating in highly secure areas, providing an effective tool for enrollment and identification purposes. 

  • In June 2022, Accelleron, formerly known as the ABB Turbocharging subsidiary, announced two new collaborations focused on data collection and analysis. These partnerships involve Danelec Marine and Hoppe Marine. One of these collaborations involves a joint service with Danelec, which combines Accelleron's Tekomar XPERT marine performance analysis system with DanelecConnect, an Internet of Things (IoT) product specifically designed for the maritime industry.  

Automatic Identification System Key Market Trends

  • Government regulations have been put in place to enforce the adoption of automatic identification systems (AIS) in order to enhance the safety and security of ships. The International Maritime Organization (IMO) introduced a mandatory requirement in the year 2000, stating that all ships must be equipped with AIS to automatically transmit ship information to other vessels and coastal authorities. This regulation applies to ships with a gross tonnage of 300 and above engaged in international voyages, cargo ships with a gross tonnage of 500 or more that are not involved in international voyages, and all passenger ships regardless of size. The implementation of AIS as per these stringent government regulations is expected to be a key driver for the growth of the automatic identification system market.

Automatic Identification System Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. 

According to our global automatic identification system market analysis, the market is driven by factors such as increasing regulatory compliance requirements, advancements in technology, and the need for efficient supply chain management.  In the current scenario, the AIS market is highly competitive, with numerous players striving to capture a larger market share. Major companies in the industry are investing in research and development to introduce innovative products and expand their geographical presence. Partnerships, collaborations, and mergers and acquisitions are common strategies employed by market players to strengthen their foothold in the market. North America has well-established infrastructure and stringent regulations driving the adoption of AIS solutions. The Asia Pacific region, with its booming economies and expanding industries, offers significant growth potential. The rising demand for advanced tracking and identification technologies, coupled with the increasing need for efficient inventory management and supply chain optimization, is expected to drive market growth. The emergence of technologies like Internet of Things (IoT), artificial intelligence (AI), and cloud computing further opens avenues for innovation and development in the AIS sector.  

Report Metric Details
Market size value in 2023 USD 59.83 billion
Market size value in 2031 USD 161.96 billion
Growth Rate 11.70%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Class
    • Class A AIS, Class B AIS, AIS base stations
  • Platform
    • Vessel-Based Platform, On-shore based Platform
  • Application
    • Vessel Tracking, Maritime Security, Other Applications
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Saab AB (Sweden) 
  • Furuno Electric Co. Ltd. (Japan) 
  • Orbcomm Inc. (US) 
  • Kongsberg Gruppen ASA (Norway) 
  • Japan Radio Company Ltd. (Japan) 
  • True Heading AB (Sweden) 
  • Garmin International (US) 
  • CNS Systems AB (Sweden) 
  • Comnav Marine (Canada)  
  • Honeywell International Inc. (US) 
  • Siemens AG - (Germany) 
  • Zebra Technologies Corporation(US) 
  • Datalogic S.p.A. (Italy) 
  • SICK AG (Germany) 
  • Cognex Corporation (US) 
  • Impinj, Inc. (US) 
  • NXP Semiconductors N.V(Netherlands) 
  • SATO Holdings Corporation(Japan) 
  • Toshiba Tec Corporation(Japan) 
  • Balluff GmbH (Germany) 
  • JADAK, a Novanta Company (US) 
  • Identiv, Inc.(US) 
  • Omron Corporation (Japan) 
  • Alien Technology, LLC (US) 
  • CipherLab Co., Ltd.(Taiwan) 
  • Bluebird Inc. (South Korea) 
  • Denso Wave Incorporated (Japan) 
  • FEIG ELECTRONIC GmbH (Germany) 
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Automatic Identification System Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Automatic Identification System Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Automatic Identification System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automatic Identification System Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automatic Identification System Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Automatic Identification System Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

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FAQs

Global Automatic Identification System Market size was valued at USD 59.83 billion in 2023 and is poised to grow from USD 66.83 billion in 2024 to USD 161.96 billion by 2031, growing at a CAGR of 11.70% during the forecast period (2024-2031). 

Global Automatic Identification System (AIS) market is highly competitive, with several players vying for a share of the market. The industry is characterized by constant innovation and technological advancements, as companies strive to stay ahead in this rapidly evolving sector. Players in the market offer a diverse range of AIS solutions, including hardware devices, software applications, and integrated systems. Market leaders in the AIS sector have established a strong presence by investing heavily in research and development, enabling them to introduce cutting-edge technologies and stay ahead of the competition. These companies leverage their extensive industry experience and global reach to cater to a wide customer base and expand their market share. Collaborations, partnerships, and mergers and acquisitions are common strategies employed by companies in the AIS market to enhance their competitive position. By joining forces, companies aim to leverage complementary strengths, access new markets, and broaden their product portfolios. These strategic moves also enable companies to pool resources and expertise, leading to accelerated innovation and growth. 'Saab AB (Sweden) ', 'Furuno Electric Co. Ltd. (Japan) ', 'Orbcomm Inc. (US) ', 'Kongsberg Gruppen ASA (Norway) ', 'Japan Radio Company Ltd. (Japan) ', 'True Heading AB (Sweden) ', 'Garmin International (US) ', 'CNS Systems AB (Sweden) ', 'Comnav Marine (Canada)  ', 'Honeywell International Inc. (US) ', 'Siemens AG - (Germany) ', 'Zebra Technologies Corporation(US) ', 'Datalogic S.p.A. (Italy) ', 'SICK AG (Germany) ', 'Cognex Corporation (US) ', 'Impinj, Inc. (US) ', 'NXP Semiconductors N.V(Netherlands) ', 'SATO Holdings Corporation(Japan) ', 'Toshiba Tec Corporation(Japan) ', 'Balluff GmbH (Germany) ', 'JADAK, a Novanta Company (US) ', 'Identiv, Inc.(US) ', 'Omron Corporation (Japan) ', 'Alien Technology, LLC (US) ', 'CipherLab Co., Ltd.(Taiwan) ', 'Bluebird Inc. (South Korea) ', 'Denso Wave Incorporated (Japan) ', 'FEIG ELECTRONIC GmbH (Germany) '

Growing Maritime Trade 

Government regulations have been put in place to enforce the adoption of automatic identification systems (AIS) in order to enhance the safety and security of ships. The International Maritime Organization (IMO) introduced a mandatory requirement in the year 2000, stating that all ships must be equipped with AIS to automatically transmit ship information to other vessels and coastal authorities. This regulation applies to ships with a gross tonnage of 300 and above engaged in international voyages, cargo ships with a gross tonnage of 500 or more that are not involved in international voyages, and all passenger ships regardless of size. The implementation of AIS as per these stringent government regulations is expected to be a key driver for the growth of the automatic identification system market.

North America dominated the global market. The region has a well-developed maritime infrastructure, with major ports and a thriving commercial shipping industry. The United States, in particular, has stringent regulations mandating AIS implementation for vessels of certain sizes and types. These factors have contributed to the high adoption of AIS solutions in North America. Additionally, the region has witnessed increasing investments in maritime domain awareness and defense capabilities, further driving the demand for AIS technology.

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Automatic Identification System Market

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