Automatic Identification System (AIS) Market

1. Automatic Identification System (AIS) Market Will Generate Record Revenue by 2029 The global automatic identification system market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. As the size and speed of ships have increased, the nature of sea transportation has changed over time. Further, with time the possibility of a signi?cant disaster, and the damage caused by the increased size of vessels and the volume of traffic, has also worsened. Loss of life and property at sea can be prevented by adopting cutting-edge technologies, the benefits of which prevent major maritime disasters or mitigate the consequences of any such events. AIS was developed as an aid to navigation and is a leading source of data for maritime solution providers, port operators, and ship owners. It offers information on vessels in the vicinity and enables near-real-time decisions to be made regarding port capacity, shipping routes, and much more. The maturity of AIS technology has created opportunities for broader application in several areas such as security, cargo management, and others. Furthermore, AIS data is being harnessed for analytics for maritime use cases such as port management, piracy detection, and environmental protection among others. Automatic Identification System (AIS) Market https://www.omrglobal.com/request-sample/ais-market For instance, in October 2020, a team of Wartsila called “Blue Carbon” developed a model for presenting the CO2 emissions from vessels to the geographical location of the ships according to their AIS. The initiative helps in identifying the geographical concentrations of CO2 emissions from shipping and takes necessary steps for environmental protection. In December 2020, ORBCOMM Inc. and Lloyd’s List Intelligence, part of Informa plc extended their contract up to 2023 for using ORBCOMM’s satellite Automatic Identification System (AIS) data to augment real-time and historical vessel movements. ORBCOMM’s AIS data is integrated with Lloyd’s List Intelligence’s Sea searcher web-based maritime intelligence and analytics solutions, in order to understand trends, identify risks, and pinpoint commercial opportunities. Automatic Identification System (AIS) Market https://www.omrglobal.com/industry-reports/ais-market Market Coverage    The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered-   By Platform By Application Regions Covered-       North America Europe Asia-Pacific Rest of the World Competitive Landscape- including L3Harris Technologies, Inc., Kongsberg Gruppen ASA, FURUNO ELECTRIC CO., LTD., Saab AB, Orbcomm Inc., and others. Key questions addressed by the report       What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global Automatic Identification System (AIS) Market Report Segment By Platform   Vessel-based On-shore By Application       Fleet Management Vessel Tracking Maritime Security Other Applications Accident investigation Infrastructure Protection For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/ais-market About Orion Market Research

2. Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404