Global Marine AIS Transponders Market Growth 2024-2030

Global Marine AIS Transponders Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Marine AIS Transponders market size was valued at US$ 53 million in 2023. With growing demand in downstream market, the Marine AIS Transponders is forecast to a readjusted size of US$ 65 million by 2030 with a CAGR of 3.1% during review period.

The research report highlights the growth potential of the global Marine AIS Transponders market. Marine AIS Transponders are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Marine AIS Transponders. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Marine AIS Transponders market.

An Automatic Identification System Market is designed to enable two-way communication between various vessels and onshore-based coastal authorities. The system is capable of providing static, dynamic, and voyage data about a ship to other ships in the vicinity and to nearby coastal authorities.



There are two classes of AIS unit fitted to vessels, Class A and Class B. Class A units are a mandatory fit under the safety of life at sea (SOLAS) convention to vessels above 300 gross tons or which carry more than 11 passengers in International waters. Many other commercial vessels and some leisure craft also fit Class A units. Class B units are currently not a mandatory fit but authorities in several parts of the world are considering this. Class B units are designed for fitting in vessels which do not fall into the mandatory Class A fit category.

SRT Marine and Alltek Marine are the top two manufacturers in the AIS Transponder market in 2022. SRT Marine dominated with about 23% global revenue share, followed by Alltek Marine with about 21% global revenue share. Other key players include Furuno, Navico, Garmin, Icom, Japan Radio Company, Vesper Marine, Comnav Marine, True Heading and among others.

Key Features:

The report on Marine AIS Transponders market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Marine AIS Transponders market. It may include historical data, market segmentation by Type (e.g., Class A Marine AIS, Class B Marine AIS), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Marine AIS Transponders market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Marine AIS Transponders market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Marine AIS Transponders industry. This include advancements in Marine AIS Transponders technology, Marine AIS Transponders new entrants, Marine AIS Transponders new investment, and other innovations that are shaping the future of Marine AIS Transponders.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Marine AIS Transponders market. It includes factors influencing customer ' purchasing decisions, preferences for Marine AIS Transponders product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Marine AIS Transponders market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Marine AIS Transponders market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Marine AIS Transponders market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Marine AIS Transponders industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Marine AIS Transponders market.

Market Segmentation:

Marine AIS Transponders market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Class A Marine AIS
Class B Marine AIS

Segmentation by application
Merchant Marine
Recreational Boats
Fishing Vessels
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Marine AIS Transponders market?

What factors are driving Marine AIS Transponders market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Marine AIS Transponders market opportunities vary by end market size?

How does Marine AIS Transponders break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.