GLOBAL AUTOMATIC IDENTIFICATION SYSTEMS (AIS): TECHNOLOGY-DRIVEN TRENDS MODELLING $275.8 MILLION MARKET TO 2025
Global Automatic Identification Systems market is valued at $181.6 million in 2018 and is expected to grow at a CAGR of 6.15% over the forecast period to 2025.
The 2019 published analytical research work on Global Automatic Identification Systems (AIS) Market identifies digitized navigation, autonomous propelling, connectivity, better surveillance as the disruptive technological trends set to shape the future of Automatic Identification Systems (AIS) globally.
Following the development of first global AIS network, Mobile App AISLive, a mobile application for tracking the vessel in real-time applications, the industry is further estimated to grow rapidly in North America and Europe.
European associations are currently focusing on ARTES 21, which includes the design, development, integration, deployment, running and validation of applications utilizing satellite-based AIS data.
Class-A type remains the leading segment with expected market share of 42.8% by 2025.
Growing popularity of Class A systems is largely driven by continuous increase in vessel size from Aframax to VLCC to ULCC in oil industry and similar trends in other sectors. The advantages and operational efficiency of Class A type AIS systems will provide strong boost for deployment in small to large size ships.
Automatic Identification Systems (AIS) market revenue pool is brimming over satellite based AIS system
European Space agency in partnership with European Maritime Safety Agency is promoting SAT-AIS systems and technologies in the region.
The challenge of Earth’s curvature limiting traditional AIS horizontal range to about 74 Km from shore is been handled by microsatellites –SAT AIS, providing better satellite imagery, and accurate tracking of seafaring vessels worldwide with larger covering of the oceans and the Antarctic.
Vision for aquatic ecosystem conservation allures the Automatic Identification Systems (AIS) market
The safeguarding of aquatic ecosystems and water ecologies involves tracking of oil spill accidents by oil-carrying vessels and patrolling of illegal oily waste discharge.
SkyTruth created Oil Spill Tracker with support from Surfrider Foundation and Ocean Conservancy, organizations and users tracking the impact of the oil spill on the Gulfs and coastlines can submit incident reports with text and images and include links to news articles and video.
In addition, advance AIS systems are ensuring the transparency and legality of fishing and seafood products. AIS systems help in monitoring fishing activities and track fish catches, technically known as “monitoring, control, and surveillance” (MCS) mainly in high seas.
WWF partnered with navama evaluated data from the Automatic Identification System (AIS) and are retracing the routes and activities of fishing vessels, including those suspected of illegal fishing. Through the use of the AIS, WWF wants to convince fisheries and fisheries management organisations (RFMOs) that efficient fisheries monitoring and control measures can be improved.
Expansion of seaborne trading and maritime industry favours Automatic Identification Systems (AIS) market
Worldwide, the volume of ships by ownership is dominated by Greece, Japan, China, Germany and Singapore that together account for 49.5% of overall Dead Weight Tonnage.
Fleet management is the largest application for Automatic Identification Systems (AIS) accounting for 32.7% of global market value of $59.5 million, followed by 24.1% market share for Vessel Tracking segment as of 2018.
Global Automatic Identification Systems Face Stiff Challenges in Maritime Operations
Vessel traffic services are required to carry out efficient search and rescue operations coupled with responsive accident investigation. Satellite-AIS is advancing as a powerful tool in safety and security applications including on-time delivery of Search and Rescue (SAR) to a variety of maritime safety organizations in Australia, South Africa, Canada and Japan.
The utilization of automatic identification systems to improve situational awareness, overcome the limitation of sight and avoid collision remains core strengths of the AIS equipment.
IMO regulations to provide near term support for Global Automatic Identification Systems (AIS) market
A mandate was issued by International Maritime Organization (IMO) to deploy Automatic Identification System (AIS) equipment Ships of 300 tonnes or more in international voyages, cargo ships of 500 tonnes or more in local waters and all passenger ships irrespective of size.
This will provide strong support for companies operating across the global automatic identification systems (AIS) industry value chain.
Upcoming trend of port automation is creating opportunities for Automatic Identification Systems (AIS) market
Port and other marine related sectors are embracing new automated business models to reduce downtime, enhance accuracy and improve the decision making process. New advanced technologies are transforming the entire marine transportation sector and are providing new growth opportunities for AIS suppliers.
An estimated 40 ports are likely to be partially or fully automated, involving capital expenditures of over $10 billion over the forecast period.
Key Companies operating in Global Automatic Identification Systems (AIS) Market