Rising demand for efficient marine traffic management is expected to drive the automatic identification system market over the forecast period. The increase in world trade across the sea has triggered the need to identify & track vessels, monitor vessel movements, and to ensure safety & security in marine traffic. The International Maritime Organization (IMO) has declared the implementation of automatic identification systems in ships be mandatory to monitor marine traffic and prevent accidents. These are expected to be the key drivers for automatic identification system market growth. High costs of technology may restrain market growth over the coming years. Technological advancements & globalization through trade are expected to offer opportunities for market growth.
http://www.grandviewresearch.com/industry-analysis/the-global-automatic-identification-system
No comments:
Post a Comment