What is Global Automatic Identification System (AIS) Transceivers Market?
In the realm of maritime safety and navigation, the Global Automatic Identification System (AIS) Transceivers Market plays a pivotal role. This market encompasses a range of devices designed to automatically exchange a variety of ship data such as identity, position, course, and speed, with other nearby ships and AIS base stations. The purpose of AIS transceivers is to enhance maritime safety, facilitate traffic management, and protect the marine environment. As of 2023, the market for these critical devices was valued at US$ 53 million, and it's on a trajectory to expand to US$ 82 million by the year 2030. This growth is expected to occur at a compound annual growth rate (CAGR) of 6.3% during the forecast period from 2024 to 2030. Leading the market in terms of revenue share are SRT Marine and Alltek Marine, holding 23% and 21% of the global revenue, respectively. This market outlook underscores the increasing reliance on AIS transceivers across the maritime sector, driven by the escalating demand for maritime safety measures and efficient traffic management in the bustling waterways around the globe.
Class A Transceivers (12.5W), Class B Transceivers (2W & 5W) in the Global Automatic Identification System (AIS) Transceivers Market:
Diving deeper into the Global Automatic Identification System (AIS) Transceivers Market, we find two primary classes of transceivers: Class A and Class B, each designed for different types of vessels and purposes. Class A transceivers, with a transmission power of 12.5W, are mandated for use on larger commercial vessels. These devices offer a higher transmission power which ensures a wider range of communication and a more frequent update rate, making them ideal for busy shipping lanes and high-traffic areas. On the other hand, Class B transceivers come in two variants, 2W and 5W, and are tailored for smaller vessels that do not fall under the mandatory requirements for Class A transceivers. These devices provide a cost-effective solution for enhancing safety and navigational capabilities for leisure crafts, fishing boats, and small commercial vessels. Despite their lower power and thus shorter range compared to Class A, Class B transceivers play a crucial role in the AIS ecosystem by contributing to the overall situational awareness of maritime traffic. The distinction between these classes is not just in their technical specifications but also in their application, with each class serving the needs of different segments of the maritime community. This segmentation within the AIS transceiver market underscores the diverse requirements across the maritime sector, catering to both high-end commercial operations and the safety needs of smaller private vessels.
Fisheries, Transport, Leisure and Recreation, Others in the Global Automatic Identification System (AIS) Transceivers Market:
The Global Automatic Identification System (AIS) Transceivers Market finds its applications spread across various sectors such as fisheries, transport, leisure and recreation, among others. In fisheries, AIS transceivers are indispensable for tracking fishing vessels and ensuring their safety at sea, thereby aiding in the management and sustainability of fisheries. The transport sector benefits immensely from AIS transceivers, as they enhance maritime safety by providing real-time data on vessel movements, which is crucial for avoiding collisions and facilitating efficient traffic management in congested sea lanes. For leisure and recreation, AIS transceivers offer peace of mind to yacht and pleasure craft owners through enhanced navigational safety and the ability to be located quickly in case of an emergency. Other areas of application include maritime security, environmental protection, and search and rescue operations, where the real-time data provided by AIS transceivers is vital for timely and effective responses. The versatility of AIS transceivers in supporting a wide range of maritime activities underscores their importance in promoting safety, efficiency, and sustainability in the global maritime domain.
Global Automatic Identification System (AIS) Transceivers Market Outlook:
The market outlook for the Global Automatic Identification System (AIS) Transceivers Market reveals a promising future. In 2023, the market's valuation stood at US$ 53 million, with projections indicating a growth to US$ 82 million by 2030. This anticipated growth, at a compound annual growth rate (CAGR) of 6.3% during the period from 2024 to 2030, highlights the increasing demand for AIS transceivers across the maritime industry. The market is currently led by SRT Marine and Alltek Marine, which hold significant shares of 23% and 21%, respectively. This growth trajectory is reflective of the broader trend towards enhanced maritime safety and efficiency, with AIS transceivers playing a critical role in facilitating communication and navigation for vessels worldwide. The expansion of the AIS transceivers market is indicative of the maritime sector's ongoing efforts to leverage technology for safer and more efficient operations, catering to the needs of a wide range of vessels from commercial giants to leisure crafts.
| Report Metric | Details |
| Report Name | Automatic Identification System (AIS) Transceivers Market |
| Accounted market size in 2023 | US$ 53 million |
| Forecasted market size in 2030 | US$ 82 million |
| CAGR | 6.3% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | SRT Marine, Alltek Marine, Furuno, Navico, Garmin, Icom, Japan Radio Company, Vesper Marine, Comnav Marine, True Heading, Kongsberg Gruppen ASA, Transas Marine Limited (Wärtsilä), SAAB AB, Raymarine, Weatherdock AG |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
