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.
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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.
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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.
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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 2024, 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.
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