According to our (Global Info Research) latest study, the global Class A AIS Transponders market size was valued at USD 38 million in 2023 and is forecast to a readjusted size of USD 51 million by 2030 with a CAGR of 4.3% during review period.
Class A AIS (Automatic Identification System) transponders are advanced and mandatory maritime communication devices used on larger vessels, typically those subject to the International Maritime Organization (IMO) regulations. Unlike Class B AIS, which is commonly used on smaller vessels, Class A AIS is designed for vessels that have a higher level of mandatory equipment and reporting requirements. Class A AIS transponders provide comprehensive information about a vessel's identity, navigation status, and voyage-related details.
Market Drivers: International Maritime Regulations (SOLAS): The International Maritime Organization (IMO) mandates the use of Class A AIS transponders for vessels subject to the Safety of Life at Sea (SOLAS) Convention. This regulatory requirement acts as a significant driver for the adoption of Class A AIS transponders.
Enhanced Maritime Safety: Class A AIS transponders play a crucial role in enhancing maritime safety by providing comprehensive and real-time information about a vessel's identity, position, course, speed, and navigational status. This data aids in collision avoidance and improves situational awareness for both the vessel and nearby ships.
Global Navigation Standards: As vessels traverse international waters, the adoption of standardized communication systems, such as Class A AIS, ensures consistent and reliable exchange of information. This contributes to global navigation standards and interoperability among vessels.
Integration with Navigation Systems: Class A AIS transponders are designed to integrate with other navigation systems and electronic chart displays, providing a holistic view of the maritime environment. Integration with modern navigation technologies supports efficient and safe vessel operations.
Growing Maritime Traffic: The increasing volume of maritime traffic, including large commercial vessels and passenger ships, drives the demand for Class A AIS transponders. These transponders are crucial for managing vessel movements and mitigating collision risks in busy waterways.
Market Restrictions:
Cost of Implementation: The initial cost of purchasing and installing Class A AIS transponders can be relatively high. This cost may pose a restriction for some vessel operators, particularly those with budget constraints, such as smaller vessels that are not subject to SOLAS regulations.
Regulatory Compliance Challenges: While regulatory compliance drives adoption, it can also present challenges for vessel operators in terms of understanding and adhering to evolving international maritime regulations. Compliance-related complexities may act as a restriction for certain operators.
Limited Applicability for Smaller Vessels: Class A AIS transponders are designed for larger vessels subject to SOLAS requirements. Smaller vessels that do not fall under these regulations may find Class A transponders to be excessive for their needs, leading to limited applicability.
The Global Info Research report includes an overview of the development of the Class A AIS Transponders industry chain, the market status of Tankers (With Display, Without Display), Tugs (With Display, Without Display), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Class A AIS Transponders.
Regionally, the report analyzes the Class A AIS Transponders markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Class A AIS Transponders market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Class A AIS Transponders market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Class A AIS Transponders industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., With Display, Without Display).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Class A AIS Transponders market.
Regional Analysis: The report involves examining the Class A AIS Transponders market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Class A AIS Transponders market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Class A AIS Transponders:
Company Analysis: Report covers individual Class A AIS Transponders manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Class A AIS Transponders This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Tankers, Tugs).
Technology Analysis: Report covers specific technologies relevant to Class A AIS Transponders. It assesses the current state, advancements, and potential future developments in Class A AIS Transponders areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Class A AIS Transponders market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Class A 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.
Market segment by Type
With Display
Without Display
Market segment by Application
Tankers
Tugs
Cargo Carriers
Others
Major players covered
SRT Marine
Alltek Marine
Furuno
Navico
Japan Radio Company
Comnav Marine
True Heading
Kongsberg Gruppen ASA
SAAB AB
Raymarine
Weatherdock AG
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Class A AIS Transponders product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Class A AIS Transponders, with price, sales, revenue and global market share of Class A AIS Transponders from 2019 to 2024.
Chapter 3, the Class A AIS Transponders competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Class A AIS Transponders breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Class A AIS Transponders market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Class A AIS Transponders.
Chapter 14 and 15, to describe Class A AIS Transponders sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Class A AIS Transponders. Industry analysis & Market Report on Class A AIS Transponders is a syndicated market report, published as Global Class A AIS Transponders Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Class A AIS Transponders market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.