Automatic Identification System Market Size (2024 - 2029)

The Automatic Identification System (AIS) market is projected to experience significant growth over the forecast period, driven by increasing demand for vessel tracking and maritime security. This expansion is supported by global investments in the marine industry and regulatory requirements from the International Maritime Organization for AIS installation on certain vessels. Challenges such as signal congestion in busy ports and limited satellite capacity are being addressed to enhance AIS coverage. Initiatives like the UK's Maritime Trade and Investment Plan and Myanmar's AIS installation on coastal vessels further underscore the growing market size and importance of AIS in ensuring maritime safety and efficiency.

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Market Size of Automatic Identification System Industry

Automatic Identification System Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 384.51 Million
Market Size (2029) USD 535.55 Million
CAGR (2024 - 2029) 6.85 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Automatic Identification System Market Major Players

*Disclaimer: Major Players sorted in no particular order

Automatic Identification System (AIS) Market Analysis

The Automatic Identification System Market size is estimated at USD 384.51 million in 2024, and is expected to reach USD 535.55 million by 2029, growing at a CAGR of 6.85% during the forecast period (2024-2029).

The International Maritime Organization's International Convention for the Safety of Life at Sea requires automatic identification systems to be fitted in international voyaging ships with 300 or more GT ( Gross Tonnage) and passenger ships, regardless of size.

  • Sea freight has witnessed significant growth across the world in recent years. Considerable investments are being made for the marine industry at a global level, which has led to an increased demand for AIS, especially for vessel tracking.
  • The UK planned a Maritime Trade and Investment Five-Year Plan, focusing on five main areas - Green Maritime, Digital Technologies, Autonomous Vessels, Marine Science, Maritime Professional, and Business Services. Additionally, Myanmar announced the installation of AIS on its coastal and fishing vessels to ensure maritime security. To control AIS and exchange navigation information, AIS stations are expected to be established at 19 jetties, and the range of the AIS may stretch to 48-80 kilometres.
  • AIS systems transmit radio signals in the maritime VHF band, and airwaves are inherently noisy. In ports and crowded areas, bandwidths often become congested due to competing signals, which interfere with each other. Additionally, satellites and ground-based receivers may only take in limited information simultaneously. Due to this congestion, any individual vessel may drop on and off the map. More satellites receiving AIS signals shall help enhance the coverage, but currently, they are of limited receiving capacity.

Automatic Identification System (AIS) Industry Segmentation

The automatic identification system (AIS) is a short-range coastal tracking system currently used on ships. It was developed to provide identification and positioning information to both vessels and shore stations. An AIS helps in better traffic management and the prevention of possible maritime collisions. It has been observed that automated identification systems are mainly used to provide safety to the vessels.

The automatic identification system market is segmented by application (fleet management, vessel tracking, maritime security), platform (vessel-based, on-shore), and geography (North America, Europe, Latin America, Asia-Pacific, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

Application
Fleet Management
Vessel Tracking
Maritime Security
Other Applications (Accident investigation and Infrastructure Protection)
Platform
Vessel-Based
On-Shore
Geography***
North America
Europe
Asia
Australia and New Zealand
Latin America
Middle East and Africa
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Automatic Identification System Market Size Summary

The Automatic Identification System (AIS) market is poised for significant growth, driven by increasing global sea freight activities and substantial investments in the marine industry. The demand for AIS is particularly rising due to its critical role in vessel tracking, as mandated by international maritime safety regulations. Initiatives such as the UK's Maritime Trade and Investment Five-Year Plan and Myanmar's coastal vessel AIS installations underscore the global push towards enhanced maritime security. However, challenges such as signal congestion in crowded ports and limited satellite receiving capacities continue to impact AIS effectiveness. Despite these challenges, advancements in fleet management solutions, which integrate AIS technology, are enabling real-time navigation and operational efficiency, particularly in congested maritime zones.

North America plays a pivotal role in the AIS market, with the United States Coast Guard and Canadian Coast Guard leading efforts to enhance maritime safety and security through widespread AIS adoption. The region is home to key AIS technology providers like exactEarth, ORBCOMM, and Kongsberg Maritime, which contribute significantly to the market's growth. The defense and homeland security sectors in North America further drive AIS adoption for maritime surveillance. Globally, the AIS market is becoming increasingly fragmented, with established players innovating and forming partnerships to meet the rising demand for AIS solutions. Recent collaborations and technological advancements, such as those by Saab AB, Furuno Electric Co. Ltd, and others, highlight the ongoing evolution and expansion of AIS capabilities across various maritime applications.

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Automatic Identification System Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Consumers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

    4. 1.4 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Application

      1. 2.1.1 Fleet Management

      2. 2.1.2 Vessel Tracking

      3. 2.1.3 Maritime Security

      4. 2.1.4 Other Applications (Accident investigation and Infrastructure Protection)

    2. 2.2 Platform

      1. 2.2.1 Vessel-Based

      2. 2.2.2 On-Shore

    3. 2.3 Geography***

      1. 2.3.1 North America

      2. 2.3.2 Europe

      3. 2.3.3 Asia

      4. 2.3.4 Australia and New Zealand

      5. 2.3.5 Latin America

      6. 2.3.6 Middle East and Africa

Automatic Identification System Market Size FAQs

The Automatic Identification System Market size is expected to reach USD 384.51 million in 2024 and grow at a CAGR of 6.85% to reach USD 535.55 million by 2029.

In 2024, the Automatic Identification System Market size is expected to reach USD 384.51 million.

Automatic Identification Systems Market Report Snapshots

AIS Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)