Satellite AIS (Automatic Identification System) Market Size Was Valued at USD 106.35 Million in 2022, and is Projected to Reach USD 165.27 Million by 2030, Growing at a CAGR of 6.50 % From 2023-2030. Analysis Period 2024-2032
The Automatic Identification System, or satellite AIS, is a cutting-edge marine tracking device that gathers and processes data from ship-mounted AIS transponders using satellites. These transponders transmit data that may be gathered and examined in real time, including the identity, position, speed, and path of the vessel. Satellite AIS provides coverage to remote and open ocean areas, in contrast to terrestrial AIS, which depends on coastal receiving stations with a restricted range. This ensures thorough worldwide tracking of marine traffic.
The use of satellite AIS is essential for improving environmental monitoring, maritime security, and safety. It offers essential information for effective fleet management, collision prevention, and search and rescue operations. It makes it easier for authorities to identify and keep an eye on illicit operations like piracy, smuggling, and illegal fishing by providing a more comprehensive and dependable tracking capacity. Additionally, by following vessel movements in delicate marine environments and keeping an eye on adherence to maritime laws, the data gathered by Satellite AIS aids in environmental conservation initiatives.
Top Key Players:
L3Harris Technologies (United States), ORBCOMM (United States), exactEarth (Canada), Kongsberg Gruppen (Norway), Raymarine (United Kingdom), MarineTraffic (Greece), CLS Collection Localization Satellites (France), Spacecom Satellite Communications Ltd (Israel), JRC (Japan Radio Co., Ltd.) (Japan), Furuno Electric Co., Ltd (Japan), and Other Major Players.
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In January 2023, ORBCOMM Inc., a leading global provider of Internet of Things (IoT) solutions, disclosed securing a competitive, multi-year contract from the Argentine Navy. The contract entails a regional Automatic Identification System (AIS) data subscription, facilitating ship tracking and supporting various maritime navigational and safety initiatives.
Market Dynamics:
Drivers:
A number of important considerations are driving the implementation of the Automatic Identification System (AIS) in satellites. In order to improve maritime safety and security, the volume of maritime traffic worldwide is growing, which calls for the need for sophisticated tracking and monitoring systems. Real-time ship position and movement data is made possible by satellite AIS, which is essential for preventing collisions and conducting search and rescue missions. The usage of AIS for vessel tracking is enforced by international mandates and regulatory regulations, such as those from the International Maritime Organization (IMO), which propels market expansion even further. The need for Satellite AIS is increased by the escalating worries about marine security, which includes piracy, illegal fishing, and smuggling. This is because Satellite AIS offers thorough coverage even in isolated ocean regions. The accuracy, consistency, and frequency of AIS data are improved by technological developments in satellite capabilities and data processing, enabling It's a useful tool for understanding the maritime domain.
Opportunities:
There are numerous chances for innovation and industry growth using satellite AIS. Shipping firms, port authorities, and environmental agencies are just a few of the stakeholders who can benefit from the deeper insights into marine patterns and trends that can be obtained through the integration of AIS data with other maritime information systems and big data analytics. More satellite constellations mean better coverage and data resolution, which means more options for timely and accurate monitoring. Furthermore, reliable real-time data is essential for the increasing popularity of remotely piloted and autonomous boats, and Satellite AIS is a key source of this data. With rising maritime activity, emerging markets in Asia-Pacific and Africa provide significant growth possibilities for satellite AIS services.
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Segmentation Analysis of Satellite AIS (Automatic Identification System) Market:
By Product Type
- Class A Transponder
- Class B Transponder
By Application
- Search & Rescue
- Defense
- Intelligence & Security
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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