As the world shipping fleet grows, monitoring this fleet becomes even more imperative. Fleet monitoring through advanced Automatic Identification Systems (AIS) helps fleet staff to take well-informed decisions pertaining to vessel navigation, collision avoidance, grounding of ships and vessel rescue. Areas with strict environmental regulations such as Marine Protected Areas (MPA) require more comprehensive monitoring to mitigate risks to species requiring protection, limiting traffic and ascertaining illegal traffic. With sea freight and oceanic vessels monitoring witnessing a huge growth globally, the demand for Automatic Identification Systems will increase to reach a valuation of US$ 340 million by the end of the forecast year.
How Complex Data Analytics and Visualization Are Transforming the Future of Automatic Identification Systems
A direct and simplistic connection to critical maritime data at the right time poses a challenge to shipping freight lines. Data analytics and visualization are not only enhancing waterway management and pollution tracking but also paving the way for a more robust global commerce and product distribution. Graphical innovation has enabled interaction between automatic identification system data and real time data such as navigational information, weather and vessel position. Complex data analytics is enabling end-users to flag down illegal or suspicious activity and make quick real-time decisions. This helps to enhance safety through vessel scrambling and re-routing practices. Such newer and more prolific advents in data analytics and its interpretation will continue to fuel the growth of the automatic identification system market.
The demand for automatic identification systems is also bolstered by a key trend of detecting illegal fishing practices via a complex and dynamic data interface. This helps to track suspicious fishing practices in international fishery policy zones. As oceans become subjected to frenetic maritime activity, connecting, visualizing and analyzing critical automatic identification system data without pre-processing will bode well for competitive dynamics and present a wider array of opportunities for emerging market players.
Asia Pacific Excluding Japan (APEJ) Reigns Supreme with a Novel Space Based Automatic Identification System
In tune with the regional market analysis, APEJ will lead the global automatic identification system market with a market share of over US$130 Mn by the end of the year 2027. This is owing to APEJ’s huge demand for advanced automatic identification systems. For instance, the world’s premier space based automatic identification system to track merchant vessels on a real-time basis will be built through a joint collaboration between India and France. Efforts are on to build a constellation of satellites that will give a gargantuan boost to India’s coastal surveillance and maritime security in the Indian Ocean region. The constellation will have AIS capability along with radar and optical instruments with remote sensing features. The automatic identification system will cover a large landscape thus giving a boost to French economic interests. India’s erstwhile Long Range Identification and Tracking System (LRIT) is prohibitive in its functionality as it has range limitations. The new satellite based automatic identification system will propel India’s maritime security to greater heights.
Stricter regulations mandating the use of automatic identification system in several Asian countries will also spur the demand for AIS. For instance, in Aug 2019 a regulation by the Ministry of Transportation of the Republic of Indonesia has made it compulsory for vessels operating in Indonesian waters to install and activate automatic identification systems.
For information on the research approach used in the report, request methodology@https://www.futuremarketinsights.com/askus/rep-gb-1096
A Leap of Faith Towards Cyber Securing AIS Most automatic identification system software is vulnerable to hacking and cyber threats. This has deterred many stakeholders from investing in a market that is brimming with potential. The importance of instituting rapid and widespread measures to secure automatic identification systems from malicious Trojans needs no clarification. Towards this, SAAB, a Swedish aerospace and defence company provides a broad range of software solutions to enhance the safety and security of oceanic waterways. In June 2019, SAAB introduced a novel way of securing automatic identification systems. They are now supplying the M-SecureSync solution to protect automatic identification system against malicious hacking. Similarly, in Oct 2018 FLIR Systems Inc, a world leading maker of sensor systems announced that it had been awarded a contract by the US department of homeland security to provide second generation automatic identification systems with enhanced levels of secure communication and coordination. Such functionalities that enable cyber security will be further scaled and made available to manufacturers who are grappling with the dilemma of cyber security in modern automatic identification systems.