Houston, TX -- (SBWIRE) -- 08/28/2018 -- Automatic identification system (AIS) is a specialized tracking system which functions automatically and are used for avoiding collision on ships by the vessel traffic services. Automation identification system (AIS) is a tracking device compulsorily installed in the ship or vessel with over 300 tons to send the information to compatible receiver regarding static details (ship name, Id, dimensions, etc.) and the ship dynamic information (ship position, speed, course over ground, etc.). Research N Reports has recently announced the addition of a new research report to its data base titled as Global Automatic Identification Systems (AIS) Market. The rising government spending on the marine products and services, rising security threat to the nation through waterways, maritime accidents and disasters, fishing areas and other tracking reasons are driving the growth in the installation of AIS.

These driving factors are part of the reason why the market is expected to grow at a CAGR of almost +4.4%.

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Some of the key players that are operating in the global automatic identification systems (AIS) market include

SAAB AB

Furuno Electric Co. Ltd.

Exactearth

Orbcomm Inc.

Kongsberg Gruppen ASA

L-3 Communication Holdings Inc.

Japan Radio Company Ltd.

True Heading AB

CNS Systems AB

It provides a clear understanding of the subject matter and has been accumulated by suing primary and secondary research techniques. These two methods are anticipated towards collaborating precise data relating to the market dynamics, historical events and the present scenario. Additionally, the report also has a SWOT that regulates the strengths, weaknesses, opportunities and threats that impact the different segments of the overall market.

By Platform

Vessel Based

On-Shore Based

By Application

Fleet Management

Vessels Tracking

Maritime Security

Others

Analyzed in a descriptive manner, the global Automatic Identification Systems (AIS) market report presents an all-inclusive outline of the market based on the facets that are expected to have an extensive influence on the development of the market over the forecasts period.

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Geographically, a well-developed infrastructure of the global Automatic Identification Systems (AIS) market, its awareness, regulatory framework are some of the factors that are driving the North Americans, Europe, Asia-Pacific, Middle East & Africans, and Latin Americans global market. The market is rapidly improving on the grounds of the booming Automatic Identification Systems (AIS) industry in these regions and is the prime driver for the growth of the market.

The Automatic Identification Systems (AIS) market research report comprises of an in-depth assessment of modest landscape of the global market. Moreover, the marketing approaches of the overall market presents an understanding of their achievement in the forthcoming years.

Key questions answered in this Global Automatic Identification System Market Report

What is the total market size by 2025 and what would be the expected growth rate of market?

What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?

What are the key market trends?

What are the factors which are driving this market?

What are the major barriers to market growth?

Who are the key vendors in this market space?

What are the market opportunities for the existing and entry level players?

What are the recent developments and business strategy of the key players?

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