Shipborne Automatic Identification System Market
Shipborne Automatic Identification System Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Shipborne Automatic Identification System Market Size and Growth
The Shipborne Automatic Identification System (AIS) market is experiencing significant growth, driven by increasing maritime safety regulations and advancements in maritime technology. Current market size estimates range from $200 million to $300 million, with a projected CAGR of around 10% over the next five years, reflecting rising demand for enhanced vessel tracking and navigation solutions.
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Companies Covered
(Covid 19 Impact Covered)
◍ Saab
◍ FURUNO
◍ Exactearth
◍ Orbcomm
◍ Kongsberg Gruppen ASA
◍ L-3 Communication Holdings
◍ Japan Radio Company
◍ True Heading AB
◍ CNS Systems AB
◍ Transas Marine Limited
◍ Wartsila Corporation
◍ Garmin
◍ ACR Electronics Inc.
◍ SRT marine Systems Plc
◍ Simrad
The Shipborne Automatic Identification System Market features companies like Saab, FURUNO, and Orbcomm, providing advanced AIS solutions for navigation, tracking, and safety. These firms enhance market growth through innovative technologies and partnerships.
Notable sales figures include:
- FURUNO: $1 billion (2022)
- Wärtsilä: €5.3 billion (2022)
- Garmin: $4.5 billion (2022)
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Market Segmentation
By Application
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By Product
Market Growth
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$ X Billion USD
