An Automatic Vehicle Identification System Market is designed to enable two-way communication between various vessels and onshore-based coastal authorities. The system is capable of providing static, dynamic, and voyage data about a ship to other ships in the vicinity and to nearby coastal authorities. According to the Regulation 19 of SOLAS (safety of life at sea) chapter V, every ship needs to integrate shipborne navigational equipment, depending upon the type of ship. In 2000, International Maritime Organization (IMO) revised the requirement of carriage of navigational equipment and passed a mandate which states that all ships should be equipped with automatic identification systems.
The automatic vehicle identification (AVI) systems market has been majorly driven by increasing need to secure various organizational buildings and facilities across the world. In addition, rising instances of terror attacks in major cities across the world have made it imperative for various organizations and government bodies to deploy advanced physical security solutions to ensure public safety. AVI systems have offered a viable solution for organizations to deploy accurate and efficient authorization and validation systems for vehicles and personnel. Furthermore, technological advancements in identification technologies such as microwave, ultra-high frequency (UHF) and ANPR have led to the growing adoption of AVI systems across the world.
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Market segment by players, this report covers
Smartrac
Infronics Systems
NXP
Nedap
FEIG ELECTRONIC
Litum
Avante
deister electronic UK Ltd.
Coselec Pte Ltd
Key Trends:
- Increasing integration of AVI systems with the overall physical security systems in the facility
- Rising adoption of advanced technologies such as automatic number plate recognition (ANPR) and vehicle scanners
- Shift towards using pedestrian and vehicle identification simultaneously
- Rise of innovative applications in fleet management and fueling applications
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Market segmentation
Automatic Vehicle Identification System market is split by Type and by Application. For the period 2016-2026, the growth among segments provide accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type, covers
Hardware
Software
Services
Market segment by Application, can be divided into
Residential Gated Communities
Commercial and Municipal Lots
Corporate or Business Campuses
Colleges and Universities Facilities
Medical Centers and Hospitals
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