Global and United States AIS Transponder Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States AIS Transponder Market
This report focuses on global and United States AIS Transponder market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global AIS Transponder market size is estimated to be worth US$ 55 million in 2022 and is forecast to a readjusted size of US$ 80 million by 2028 with a CAGR of 6.5% during the review period. Fully considering the economic change by this health crisis, by Type, Class A Marine AIS accounting for % of the AIS Transponder global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Merchant Marine was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
SRT Marine and Alltek Marine are the top two manufacturers in the AIS Transponder market in 2019. SRT Marine dominated with 22.95% global revenue share, followed by Alltek Marine with 21.07% global revenue share. Other key players include Furuno, Navico, Garmin, Icom, Japan Radio Company, Vesper Marine, Comnav Marine, True Heading and among others.
On the basis of region, APAC is the largest market segment of AIS Transponder, with a consumption market share over 77% in 2019, China, Japan, and South Korea play an important role in APAC Region. Europe followed APAC with a consumption market share of 9.48% in 2019.
Class A Marine AIS, which is targeted at large commercial vessels. While Class B Marine AIS is aimed at the lighter commercial, leisure and fishing vessels markets. AIS Transponder used in industry including Merchant Marine, Recreational Boats, and Fishing Vessels etc. Report data showed that 36.03% and 42.10% of the AIS Transponder market demand in Merchant Marine and Fishing Vessels in 2019, respectively.
Global AIS Transponder Scope and Market Size
AIS Transponder market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global AIS Transponder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the AIS Transponder market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type
Class A Marine AIS
Class B Marine AIS

Segment by Application
Merchant Marine
Recreational Boats
Fishing Vessels
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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