Global satellite based automatic identification systems (AIS) are expected to increase at a compound annual growth rate (CAGR) of 25.48% between 2016 and 2020 according to market research report ‘Global Satellite-based Automatic Identification Systems Market 2016-2020’, in which increased maritime traffic is cited as a key growth driver.
According to the report, the increasing number of ships crossing the ocean has increased four-fold during the last two decades, largely due to world trade. Under the International Maritime Organization’s (IMO), Safety of Life at Sea (SOLAS) Convention, vessels must be deployed with AIS units to help monitor the traffic, avoid collisions and increase safety levels. The demand for AIS technology has facilitated its development and it is now more flexible than before, enabling other maritime applications, such as aids to navigation that acts as an AIS trans-receiver for installation to buoys, lighthouses, and other maritime infrastructure.
Satellite AIS are used to provide ship location information to ships and onshore through electronic exchange of data. Position, course and speed can all be relayed to the ship and onshore staff, facilitating communication between coastal authorities and several ships using satellite communications. Additionally, ship identification is part of AIS, allowing the avoidance of collisions and assisting with search and rescue, environmental monitoring and maritime intelligence applications. Satellite 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.
The report has been prepared based on an in-depth market analysis with inputs from industry experts and covers the landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
To view more information on the report and the options for purchase, please click here.
Ship Efficiency Review News
To contact the reporter responsible for this article, please email editor@fathom-mi.com
