The revenue mix of most of the companies of Satellite AIS Market may change in coming time. One of the important factors would be the shift in topline of the clientele that will push them hard to adopt innovation and spend more on R&D to meet ever dynamic evolving requirements. Some of the players who are preparing for their clients future revenue shift will ride the tide, while others might find it challenging to sustain. To cite an in-depth market outlook AMA released its new publication on Satellite AIS Market with coverage over 100+ industry players, some of the profiled players are ORBCOMM (United States), exactEarth Ltd (Canada), L3 Technologies (United States), Kongsberg Gruppen (Norway), Raymarine (United Kingdom), Maritec Solutions (South Africa), Spire Global, Inc. (United States), Alen Space (Spain), Furuno Electric Co., Ltd (Japan), Japan Radio Co., Ltd. (Japan) and Saab AB (Sweden).
According to the report, Increasing Use of Satellite AIS in Intelligence & Security and Search & Rescue is one of the primary growth factors for the market. Growing Satellite Activities for Reliable and Cost-Effectiveness and Environmental Monitoring of Vessel
is also expected to contribute significantly to the Satellite AIS market. Overall, Defense
applications of Satellite AIS, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Transponder, such as Class A Transponder, is boosting the Satellite AIS market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Platform, such as Vessel-Based, is boosting the Satellite AIS market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Satellite AIS market identified that the demand is rising in many different parts of the world as "Rising Government Spendings on Satellite AIS Projects
". Furthermore, some recent industry insights like "On 1st August 2020, exactEarth Ltd. a leading provider of Satellite-AIS data services announced that it has been selected by Airbus Defence and Space as an AIS partner to support its Ocean Finder maritime service. Under the terms of this 2-year agreement, exactEarth will provide Airbus with live and archived data from exactView RT, the Company's second-generation real-time satellite-AIS data service, including data from exactEarth's high-performance AIS payload hosted on the PAZ radar satellite." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Satellite AIS market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Satellite AIS market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Satellite AIS market tight? Which application/end-user category or Product Type [AIS Class A and AIS Class B] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Satellite AIS market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Satellite AIS market size is calculated using market estimation process, the Satellite AIS market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Satellite AIS market size has been validated using both top-down and bottom-up approaches.