Get In Touch

AtoN Management and Monitoring System Market - Snapshot

The global aids to navigation (AtoN) management and monitoring system market is projected to be driven by an increase in marine trade. A rise in marine transport activities across the globe is creating significant demand for marine safety and security and marine traffic management. A rise in marine trade increases the need for appropriate navigation, continuous monitoring of vessels and routes, and managing traffic. All these factors contribute to the growth of the AtoN management and monitoring system market across the world.

VHF-based data exchange systems (VDES) provide a robust and global standard communication system for e-navigation, supporting the safety and efficiency of ship and shore operations.  Marine trade is expected to increase steadily in the near future. This is expected to exert pressure on existing marine navigational tools. Therefore, demand for advanced A to N management and monitoring systems is expected to increase in the coming years.

aton-management-monitoring-system-market.jpg

Additionally, high coastal security concerns and demand for navigational tools from the defense sector are estimated to propel the market. In Asia Pacific, coastal security has always been a priority. In India, demand for coastal surveillance systems and AIS AtoN stations is particularly high. India is expected to account for significant demand for AtoN management and monitoring systems due to its large coastline and high security concerns. Increasing marine trade is also likely to increase demand for (AtoN) management and monitoring systems.

In the U.S., the Coast Guard and the Army Corps of Engineers are pioneers in the future of intra-coastal and coastal navigation. The defense sector in North America is investing significantly in R&D in order to increase coastal safety and security. This is boosting competition among vendors for technological advancements in AtoN and contributing to the growth of the market.

The AtoN management and monitoring systems market has received several opportunities for revenue expansion over the years. Satellite-based AtoN systems are likely to provide attractive opportunities to the market. Innovative SAT-AIS microsatellites and payloads are expected to be developed and launched on a PPP-like basis, and new applications and services are likely to be created by the end of 2019.

The global AtoN management and monitoring system market has been segmented based on system, type, navigation component, end-use industry, and region. In terms of system, the market has been classified into integrated/suite and standalone. The standalone segment has been further divided into vessel tracking services, coastal surveillance systems, vessel traffic management information systems, and search and rescue. In terms of type, the market has been classified into onshore and offshore. Based on navigation component, the market has been categorized into buoys, lighthouses, and others (fog signals, day beacons). In terms of end-use industry, the market has been divided into maritime tourism, maritime authorities, maritime agencies, port operators, and offshore wind farms. Based on region, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report provides in-depth segment analysis of the global AtoN management and monitoring system market, thereby providing valuable insights at the macro as well as micro levels.

In terms of region, Asia Pacific is projected to lead the global AtoN management and monitoring system market during the forecast period. Asia Pacific is expected to dominate the global AtoN management and monitoring system market primarily due to an increase in marine traffic, particularly in countries such as China, India, and Japan. The AtoN management and monitoring systems market in South America is anticipated to expand at a rapid pace. It is expected to be followed by the market in Europe and North America. The market in Middle East & Africa is expected to expand at a sluggish pace in the coming years as compared to the market in other regions of the world.

The global AtoN management and monitoring system market is largely driven by an increase in marine trade across the world and high coastal security concerns and demand from the defense sector. Key players profiled in the report include Tideland, GISMAN, McMurdo Group, i-Marine Technologies, Pharos Marine Automatic Power Inc., Navielektro, Greenfinder, Carmanah Technologies Corp., Vesper Marine, and Pinc Technology Sdn Bhd.

Innovations in Microsatellite Technology Propels AtoN Management and Monitoring System Market

Rise in maritime trade activities, along with integration of newer technologies enabling real-time tracking of ships, ship routes, and oceanic activities is motivating the growth in global AtoN management and monitoring market. Increasing usage of SAT-AIS (Satellite Automatic Identification Systems) microsatellites is expected to significantly enhance the traditional management and monitoring systems used for maritime observations and tracking. Microsatellites using AIS technology help in identifying and tracking various seafaring vessels around the world. They can cover much larger sea space at a time and assist in tracking ships in all the oceans in the world. Considered as maritime equivalent for air traffic control systems, AIS systems use radio based communications technologies to help prevent collisions and identify speed and course of any seafaring vessel. Players in global AtoN management and monitoring market are engaged in research and development activities to help improve the quality of current microsatellites orbiting the Earth and deploy more microsatellites to cover more surface area, optimizing the ship identification process. For example, a European company called ‘LuxSpace’ has developed a powerful microsatellite dubbed as ‘ESAIL’. They launched the microsatellite in September 2020, which has the ability and technological prowess to track ships worldwide. ESAIL can track the ships travelling anywhere in the world and detect messages broadcasted by radio signals by these ships. Apart from their usefulness in global AtoN management and monitoring market, microsatellites can also be used as a powerful tool for fisheries management, environment protection, security monitoring for national governments and their maritime sub-branches, and fleet management.

Other factors driving the demand in global AtoN management and monitoring market include increase in maritime tourism activities and rising demand for coastal security monitoring by various countries. The global pandemic caused by COVID-19 virus has affected the demand in global AtoN management and monitoring market to a certain extent. Closing of international borders for travel has resulted in diminished number trips made by of commercial travel ships. This, along with regulations employed by governments around the world pertaining to the health concerns of ship crews has slowed down the demand in global AtoN management and monitoring market.

AtoN Management and Monitoring System Market: Overview

This comprehensive report by Transparency Market Research analyzes and provides market growth forecasts for the AtoN management and monitoring system market at the global and regional level. The report provides an analysis of the global AtoN management and monitoring system market for the period 2016 to 2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. Data for 2016 is provided as historical information. The report covers all the major trends influencing the growth of the AtoN management and monitoring system market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to affect the market’s growth during this period. The study provides a complete perspective on the AtoN management and monitoring system market’s growth in terms of revenue (US$ thousand) across different geographical regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report would help manufacturers, suppliers, and distributors understand the current and future trends in the market and formulate their strategies accordingly.

Global AtoN Management and Monitoring System Market: Scope of the Report

The global AtoN management and monitoring system market has been segmented based on system, type, navigation component, end-use industry, and region. In terms of system, the market has been classified into integrated/suite and standalone. The standalone segment has been further classified into vessel tracking services, coastal surveillance systems, vessel traffic management information systems, and search and rescue. Based on type, the market has been classified into onshore and offshore. In terms of navigation component, the market has been categorized into buoys, lighthouses, and others (fog signals, day beacons). Based on end-use industry, the market has been divided into maritime tourism, maritime authorities, maritime agencies, port operators, and offshore wind farms. In terms of region, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report provides in-depth segment analysis of the global AtoN management and monitoring system market, thereby providing valuable insights at the macro as well as micro levels.

The report also includes competitive profiling of key players operating in the AtoN management and monitoring system market around the globe. The important business strategies adopted by leading players, their business overview, financials, strategies, and recent developments have been identified in the research report. The competitive landscape section of the report provides an overview of the presence and activities of key players in regions/countries in order to strengthen their market position in the future.

Global AtoN Management and Monitoring System Market: Research Methodology

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary sources such as annual reports, company websites, SEC filings and investor presentations, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, World Bank database, and industry white papers are usually referred to for developing preliminary market understanding. Further, for this report we have specifically focused on data from various industry bodies.

Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the AtoN management and monitoring system market, across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to obtain the latest market insights and validate the existing data and analysis. Primary interviews offer new and fresh information on important factors such as market trends, market size, competitive landscape, growth trends, etc.. These factors help to validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.

Global AtoN Management and Monitoring System Market: Competitive Dynamics

Key players profiled in this study include Tideland, GISMAN, McMurdo Group, i-Marine Technologies, Pharos Marine Automatic Power Inc., Navielektro, Greenfinder, and Carmanah Technologies Corp.. Details such as business overview, geographical presence, revenue, and strategic information pertaining to these players have been provided as a part of the company profiles.

Market Segmentation: Global AtoN Management and Monitoring System Market

by System

  • Integrated/Suite
  • Standalone
    • Vessel Tracking Services
    • Coastal Surveillance Systems
    • Vessel Traffic Management Information Systems
    • Search and Rescue

by Type

  • Onahore
  • Offshore

by Navigation Components

  • Buoys
  • Lighthouses
  • Others (Fog Signals, Day Beacons)

by End-use Industry

  • Maritime Tourism
  • Maritime Authorities
  • Maritime Agencies
  • Port Operators (Vessel Tracking Services, Vessel Traffic Management Information System, Search and Rescue)
  • Offshore Wind Farms

By Geography

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Aton Management Monitoring System Market