Middle East & Africa Automatic Identification System Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Middle East & Africa Automatic Identification System Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

AIS is the unique tracking system which functions automatically and is applied in restricting the collision of ships by vessel traffic services. The information which is provided by the supplements radar is the primary method used in the avoiding collision in the water transport. AIS equipment is generally used to track and monitor vessel movements. Information provided by the AIS includes speed, course, identification and position which is displayed on the screen. In the case of AIS being switched off or not fitted correctly, there will be no information exchange. AIS should be switched on all the times except for the emergency reasons. The working mode of AIS is generally continuous and autonomous owing to the security issues.

The Middle East & Africa Automatic Identification System Market Size:

The Middle East & Africa Automatic Identification market is poised to reach the value of $XX million in 2024 from $XX million in 2017, growing with the CAGR of XX%. Key points like better navigation and maritime traffic management, enhanced coastal surveillance, improvement in monitoring the movements of other vehicles and quick and accurate information about collisions when used with dynamic data are driving the market growth. Whereas the facts like range and reporting capabilities, wrong equipment settings and data manipulation practices and fishing vessels cannot be fitted with AIS are hampering the market growth. The market

Middle East & Africa Automatic Identification System Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
has opportunities like increasing government involvement and growth in security concerns associated with monitoring vessels are creating a chance for the market to explore in all the regions.

The Middle East & Africa Automatic Identification System Market Share:

The market is segmented as by class, by platform, by application and by geography. By class, the market is classified into class A, class B and AIS base stations. Class A segment dominates the market owing to the increasing number of vehicles in operations and demand for class A AIS devices. Class B and AIS base stations are promising segments. By platform, the market is segmented into vessel-based and on-shore based. Vessel-based is the largest segment due to the higher adoption rate, and the on-shore segment is the fastest growing segment owing to the usage in predominant applications of the marine fleet. By application, the market is classified into fleet management, vessels tracking, maritime security and others. Vessel tracking segment is the large market as well as fastest growing due to the large range incorporation of AIS systems in the vessel tracking.  By geography, the market is classified into the Middle East and Africa regions.

The Middle East & Africa Automatic Identification System Market Trends:

  • Comnav expands OEM agreement with Hemisphere GPS in the regard of Vector G1 GPS satellite compass.
  • L-3 Communication systems have acquired Adaptive Methods Inc.

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Middle East & Africa Automatic Identification System Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
which is renamed as L3 Adaptive Methods and integrated with L3’s sensors systems business segment.

The Middle East & Africa Automatic Identification System Market Research Reports Includes:

  • An executive summarycondensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have a complete market analysis through industry value chain analysisPorter’s fivePESTLESWOTanalysis, and Y-o-Y analysis.
  • Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on YearOnYear
  • Identifying DROC in the current market and their impact on altering the market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
  • Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the major market players, such as
    • SAAB AB
    • Comnav Marine
    • Furuno Electric Co. Ltd.
    • Orbcomm Inc.
    • L-3 Communication Holdings Inc.

Along with these companies, there were many other companies are considered in the report while analysing the Middle East & Africa Automatic Identification System market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.

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