Class A AIS Transponders Market Summary
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.
According to the new market research report “Global Class A AIS Transponders Market Report 2023-2030”, published by QYResearch, the global Class A AIS Transponders market size is projected to reach USD 0.05 billion by 2030, at a CAGR of 4.5% during the forecast period.
Figure. Global Class A AIS Transponders Market Size (US$ Million), 2019-2030
Above data is based on report from QYResearch: Global Class A AIS Transponders Market Report 2023-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
Figure. Global Class A AIS Transponders Top 11 Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Above data is based on report from QYResearch: Global Class A AIS Transponders Market Report 2023-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Class A AIS Transponders include SRT Marine, Alltek Marine, Furuno, Navico, Japan Radio Company, Comnav Marine, True Heading, Kongsberg Gruppen ASA, SAAB AB, Raymarine, etc. In 2023, the global top five players had a share approximately 67.0% in terms of revenue.
Figure. Class A AIS Transponders, Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Class A AIS Transponders Market Report 2023-2030.
In terms of product type, With Display is the largest segment, hold a share of 81.7%,
Figure. Class A AIS Transponders, Global Market Size, Split by Application Segment
Based on or includes research from QYResearch: Global Class A AIS Transponders Market Report 2023-2030.
In terms of product application, Cargo Carriers is the largest application, hold a share of 40.5%,
Figure. Class A AIS Transponders, Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Class A AIS Transponders Market Report 2023-2030.
Market Drivers:
D1: Stringent maritime regulations mandating the use of Class A AIS transponders for certain vessel types or in specific regions can be a significant driver. Compliance with these regulations becomes a key factor, driving the adoption of Class A AIS transponders.
D2: The ability of Class A AIS transponders to integrate seamlessly with other onboard navigation and communication systems is a driver. Vessels equipped with comprehensive integrated systems may choose Class A transponders for better compatibility and functionality.
D3: The increasing volume of global maritime trade and the need for efficient vessel tracking and management contribute to the demand for advanced AIS technologies. Class A AIS transponders, with their comprehensive capabilities, are well-suited for vessels engaged in international trade.
Restraint:
R1: The installation and maintenance of Class A AIS transponders can be more complex than their Class B counterparts. This complexity may require specialized knowledge and technical expertise, leading to increased installation and maintenance costs and potential restraints for certain users.
R2: Class A AIS transponders are designed for larger vessels and are often considered over-specification for smaller vessels with less stringent regulatory requirements. This may limit the market for Class A transponders among smaller vessel operators who may find Class B transponders more suitable for their needs.
Challenges:
C1: Ensuring seamless integration with existing onboard systems, including navigation, communication, and vessel control systems, can be a challenge. Compatibility issues may arise, and retrofitting older vessels with Class A AIS transponders may require additional modifications.
C2: Lack of uniformity in AIS regulations and standards across different regions can pose challenges for vessel operators, manufacturers, and regulatory bodies. Harmonizing these regulations globally is a complex task that could impact the widespread adoption of Class A AIS transponders.
C3: With the increasing reliance on digital technologies, cybersecurity concerns become important. Ensuring the security of data transmitted by Class A AIS transponders is crucial to prevent unauthorized access or tampering.
About the Authors
| Wei Qin |
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| Lead Author | |||
| Semiconductor and Electronics Email: qinwei@qyresearch.com |
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About QYResearch
QYResearch founded in California, USA in 2007. It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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