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Home | Search Global IT News: IT News & Press Release Distribution: The Global Automatic Identification System Market worth $225.05 Million by 2020   (IT-NEWSWIRE.COM, February 16, 2017 ) According to a new market research "Automatic Identification System Market by Class (Class A, Class B, & AIS Base Stations), Platform (Vessel-Based, and Onshore-Based), Application (Fleet Management, Vessels Tracking, Maritime Security, Other Applications), and Geography - Global Forecasts & Analysis (2014-2020)", The global market for AIS is estimated to reach $225.05 million by 2020, registering a CAGR of 4.33%. Asia-Pacific is expected to register a higher CAGR, led by India Browse 107 market data tables and 45 figures spread through 160 pages and in-depth TOC on “Automatic Identification System Market - Global Forecasts & Analysis (2014-2020)" http://www.marketsandmarkets.com/Market-Reports/automatic-identification-system-market-138357200.html Early buyers will receive 10% customization on reports. Download Pdf brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=138357200 Evolution of marine transport and fundamental changes in international trade has had a direct impact on the development of new technologies needed to manage the growing marine traffic. Globalization is considered to be the most important factor that has built and expanded the marine transport industry to what it is today. Increasing world trade and growing marine traffic are considered as the major factors leading to the transformation of marine transport. Over the last few years, the use of the AIS has witnessed a drastic increase. The concerned authorities made significant investments to integrate the system into ships, which helped in reducing marine accidents and enhancing marine traffic management. The global market for AIS has been bifurcated on the basis of platforms (vessel-based and onshore-based), on the basis of Classes (Class A, Class B, and AIS Base Stations), on the basis of applications (fleet management, vessels tracking, maritime security, and other applications) and by geography, including major region and countries. The total market for AIS in this specific region is projected to have a larger share compared to other regions. It is reported that large-scale terrestrial AIS development program, implemented by the concerned authorities in this specific region, is the major factor that will drive the demand of automatic identification systems, further fuelling the growth of the market. About MarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: MarketsandMarkets Mr. Rohan 1-888-600-6441 sales@marketsandmarkets.com Source: EmailWire.Com Source: EmailWire.com

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