Global Satellite-Based Automatic Identification Systems Market (S-AIS) market to grow at a CAGR of 25.48% during the period 2016-2020

Description

About the Satellite Based Automatic Identification Systems (S-AIS) Market

The S-AIS is a very high-frequency automatic vessel tracking system that provides location information to ships and shore stations through electronic exchange of data regarding position, identification, course, and speed. AIS enables two-way communication between coastal authorities and several vessels using satellite communication technology.

This vessel identification system is used to avoid collisions and for maritime domain awareness, search and rescue, environmental monitoring, and maritime intelligence applications. S-AIS is equipped to track the location of vessels in remote places such as open oceans, which is beyond the reach of terrestrial-based AIS monitoring systems.

Technavios analysts forecast the Global Satellite Based Automatic Identification Systems (S-AIS) market to grow at a CAGR of 25.48% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global satellite based automatic identification systems (S-AIS) market for 2016-2020. To calculate the market size, the report considers the following:

Revenue generated from the provision of AIS data to government agencies and commercial customers

Revenue generated from the subscription-based AIS services such as data-as-a-service (DaaS), infrastructure-as-a-service (IaaS), and software-as-a-service (SaaS) offerings

Revenue generated from M2M services for providing communication channel between various connected devices

Revenue generated from big data analytics companies who provide insightful AIS data intelligence

Revenue generated from satellite launch companies for enabling very high frequency (VHF) satellite communication to access AIS related information

Consolidated revenue generated from third-party suppliers who help in activities such as marketing, sales, distribution, global business expansion, and satellite technology providers

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/729305

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Satellite Based Automatic Identification Systems (S-AIS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

exactEarth

Iridium Communications

ORBCOMM

Saab

Thales

Other prominent vendors

New JRC

Saab AB

Furuno Electric

Garmin International

Raytheon

L-3 Communications

Kongsberg

Raymarine

Maritec

Market driver

Increased maritime traffic

For a full, detailed list, view our report

Market challenge

High cost of replacing satellites at the end of service life

For a full, detailed list, view our report

Market trend

Use of AIS tool for new maritime transportation applications

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?