Global Satellite Based Automatic Identification Systems Market 2016-2020
Published: Jun 2016 | Pages: 72 | SKU: IRTNTR9492 |
Overview of the global satellite-based automatic identification systems (S-AIS) market
Technavio’s market research analyst predicts the global satellite-based automatic identification systems (S-AIS) market to grow tremendously at a CAGR of more than 25% by 2020. The rise in maritime traffic is creating a high risk of wrecks and collisions, resulting in elevated economic costs. According to the International Maritime Organization (IMO) regulations, it is compulsory that all the vessels should be deployed with the AIS unit to monitor the shipping traffic to prevent collision and increase safety standards. The AIS together with satellite communication can increase safety and optimize the operational costs. Also, big data and analytical tools can enhance the quality of the collected data from several vessels to uphold predictive maintenance.
The flexible technology of AIS has prompted vendors to implement it in other marine applications such as aids to navigation (ATON). ATON is a highly effective and cost-efficient navigation method to enhance maritime domain awareness for authorities. It transmits the identity and accurate real-time position of the aids to navigation such as buoys and lighthouses and also enables the remote monitoring and control of existing equipment such as lanterns. The increased adoption of virtual ATON to increase situational awareness and navigation safety will positively influence the growth of this market during the forecast period.
Segmentation by transponders type and analysis of the S-AIS market
- Class A transponder
- Class B transponder
The Class A transponder segment will dominate the market during the forecast period and is expected to grow at a tremendous CAGR of more than 40% by 2020. Much of this segment’s growth is primarily due to the ability of these transponders to transmit information more frequently and detect vessels even in dense areas. Several commercial vessels carrying expensive commodities are installing Class A transponders to achieve high traceability and better monitoring and controlling features. The increase in the number of larger vessels in maritime traffic and decrease in the price of transponders will augment the growth of this segment during the forecast period.
Geographical segmentation and analysis of the S-AIS market
- Americas
- APAC
- EMEA
During 2015, the Americas dominated the market, where North America accounted for almost 40% of the overall regional revenue. The primary reason for this region’s growth is due to the increasing development of AIS solutions for the US national defense. The AIS applications help in storm and hurricane disaster management and in volcano monitoring, which is highly critical in this region. The implementation of big data analytics services will boost the market for AIS in the region over the next four years.
Competitive landscape and key vendors
Companies such as ORBCOMM and exactEarth have a strong presence in the market. Intense competition prevails between them in terms of advanced digital signal processing features and data analytics solutions. The market is expected to witness the entry of companies that have expertise in in satellite technology and possess data aggregation capabilities, which will intensify the competition.
Key vendors in the market are -
- exactEarth
- Iridium
- ORBCOMM
- Saab
- Thales
Other prominent vendors in the S-AIS market are New JRC, Furuno Electric, Garmin International, Raytheon, L-3 Communications, Kongsberg, Raymarine, and Maritec.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global S-AIS market?
- What are the key market trends impacting the growth of the global S-AIS market?
- What are the challenges to market growth?
- Who are the key vendors in the global S-AIS market?
- What are the market opportunities and threats faced by the vendors in the global S-AIS market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global S-AIS market?
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Table of Contents
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by transponders type
- Market segmentation by transponders type
PART 07: Market segmentation by application
- Market segmentation by AIS application
PART 08: Market segmentation by end-user
- Market segmentation by end-user
PART 09: Geographical segmentation
- Market segmentation by geography
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
- Competitive scenario
- M&A
- Key vendor analysis
- Other prominent vendors
PART 16: Appendix
- List of abbreviations
PART 17: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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