Satellite Automatic Identification System Market-Latest Advancement And Analysis 2023- 2030
Global Satellite Automatic Identification System Market size is expected to grow from USD 250 Million in 2022 to USD 395.46 Million by 2030, at a CAGR of 5.9% during the forecast period (2023-2030).
The Satellite Automatic Identification System (S-AIS) is a satellite-dependent tracking system utilized in maritime applications. It utilizes transponders installed on ships to transmit up-to-the-minute data, encompassing vessel identification, location, speed, and heading.