SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Automatic Identification System - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 6; Released: April 2021 Executive Pool: 396 Companies: 41 - Players covered include exactEarth Ltd.; Furuno Electric Co., Ltd.; Garmin International, Inc.; Iridium Communications, Inc.; L-3 Communications Holdings, Inc.; Maritec Solutions; New Japan Radio Co., Ltd.; ORBCOMM, Inc.; Raymarine, Inc.; Raytheon Company; SAAB AB; Thales Group and Others. Coverage: All major geographies and key segments Segments: Segment (Automatic Identification System) Geographies: World; United States; Canada; Japan; China; Europe ( France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Automatic Identification System Market to Reach $271.8 Million by 2026Amid the COVID-19 crisis, the global market for Automatic Identification System estimated at US$200.9 Million in the year 2020, is projected to reach a revised size of US$271.8 Million by 2026, growing at a CAGR of 5% over the analysis period.
The U.S. Market is Estimated at $63.3 Million in 2021, While China is Forecast to Reach $48.1 Million by 2026The Automatic Identification System market in the U.S. is estimated at US$63.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$48.1 Million by the year 2026 trailing a CAGR of 4.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 3.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. More
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SOURCE Global Industry Analysts, Inc.