Global Shipborne Automatic Identification System market cagr 14.9%

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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 projected to witness steady growth due to increasing focus on maritime safety and security. The market size is expected to reach USD 350 million by 2025, driven by the growing demand for real-time vessel tracking and collision avoidance systems.

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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 is highly competitive with key players such as Saab, FURUNO, Orbcomm, and Garmin dominating the industry. These companies offer advanced AIS solutions for vessel tracking and collision avoidance, helping to drive market growth.

- Saab: Sales revenue of $3.49 billion

- FURUNO: Sales revenue of $929 million

- Orbcomm: Sales revenue of $262 million

- Garmin: Sales revenue of $4.1 billion

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Market Segmentation

By Application

◍ Commercial

◍ Military

By Product

◍ Class A

◍ Class B

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$ X Billion USD
Market Growth
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