Market Overview:
The global aids to navigation system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing maritime tourism and maritime agencies, port operators, offshore wind farms and others across the globe. Additionally, factors such as technological advancements and rising demand for advanced navigational systems are also contributing significantly towards the growth of this market. Based on type, lighthouses accounted for a major share of the global aids to navigation system market in 2017. This can be attributed to their widespread usage across various regions for providing navigational assistance in difficult weather conditions or low visibility areas. By application, maritime tourism held a dominant position in 2017 and is projected to maintain its lead during the forecast period owing to increase in cruise ship traffic and development of new tourist destinations worldwide.
Product Definition:
An Aid to Navigation (ATON) is a system or device that aids in the determination of a vessel's position and/or course. ATONs include, but are not limited to: lighthouses, buoys, beacons, and daymarks. The importance of ATONs lies in their ability to help prevent maritime accidents by providing information on vessels' positions and courses.
Lighthouses:
Lighthouses, it's usage.
The global lighthouses, it's usage and growth factor in Aids to Navigation System market size was valued at USD 6.5 billion in 2015. The increasing demand for efficient navigation systems is expected to drive the industry over the forecast period. Technological advancements coupled with growing investments by government organizations are anticipated to further fuel the industry expansion over the next seven years.
Buoys:
Aids to navigation system is a series of equipment or devices used for navigation from the starting point to the destination point with the help of navigational aids. Aids to navigation can be classified into two types: active and passive. The active type includes rangefinders, dead reckoning systems, electronic compasses, and gyroscopes; while passive consists of map-based systems such as Global Positioning System (GPS) and Loran-C.
Application Insights:
The maritime tourism segment dominated the global aids to navigation system market in terms of revenue in 2017. The growth can be attributed to increasing number of cruise ships that ply across various destinations worldwide. Moreover, growing awareness among travelers regarding historical and cultural significance of lighthouses has boosted their visits. Increasing spending by travelers onshore is also a major factor driving the growth. A significant increase in onshore activities such as shopping at popular retail outlets and museums has fueled the demand for aids to navigation systems at these places, thereby boosting market growth globally over the forecast period.
Increasing investments by governments worldwide for developing tourism infrastructure is expected to drive industry expansion over the coming years with favorable government policies aiding its penetration into marine sectors such as offshore wind farms.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing maritime tourism activities in countries, such as U.S., Canada, and Mexico that are supported by a well-developed marine infrastructure and rich natural resources.
Growth Factors:
- Increasing demand for maritime trade and transportation
- Development of advanced technologies for navigation systems
- Growing popularity of cruise tourism
- Expansion of global seaborne trade
- Proliferation of containerized cargo
Scope Of The Report
Report Attributes
Report Details
Report Title
Aids to Navigation System Market Research Report
By Type
Lighthouses, Buoys, Fog Signals, Day Beacons, Others
By Application
Maritime Tourism, Maritime Agencies, Port Operators, Offshore Wind Farms, Others
By Companies
Sealite Pty Ltd, Tideland Signal (Xylem), Sabik Marine, GISMAN, JFC Marine, ITO Navaids, SICE srl, Mesemar, Orga BV, Zeni Lite Buoy Co., Ltd, Sealite Pty Ltd, Go Deep Aids to Navigation, KJS Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Aids to Navigation System Market Report Segments:
The global Aids to Navigation System market is segmented on the basis of:
Types
Lighthouses, Buoys, Fog Signals, Day Beacons, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Maritime Tourism, Maritime Agencies, Port Operators, Offshore Wind Farms, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sealite Pty Ltd
- Tideland Signal (Xylem)
- Sabik Marine
- GISMAN
- JFC Marine
- ITO Navaids
- SICE srl
- Mesemar
- Orga BV
- Zeni Lite Buoy Co., Ltd
- Sealite Pty Ltd
- Go Deep Aids to Navigation
- KJS Technology
Highlights of The Aids to Navigation System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lighthouses
- Buoys
- Fog Signals
- Day Beacons
- Others
- By Application:
- Maritime Tourism
- Maritime Agencies
- Port Operators
- Offshore Wind Farms
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aids to Navigation System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aids to navigation system (ATS) is a type of electronic equipment used in aircraft for the purpose of providing guidance during flight.
Some of the key players operating in the aids to navigation system market are Sealite Pty Ltd, Tideland Signal (Xylem), Sabik Marine, GISMAN, JFC Marine, ITO Navaids, SICE srl, Mesemar, Orga BV, Zeni Lite Buoy Co., Ltd, Sealite Pty Ltd, Go Deep Aids to Navigation, KJS Technology.
The aids to navigation system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aids to Navigation System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aids to Navigation System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aids to Navigation System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aids to Navigation System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aids to Navigation System Market Size & Forecast, 2018-2028 4.5.1 Aids to Navigation System Market Size and Y-o-Y Growth 4.5.2 Aids to Navigation System Market Absolute $ Opportunity
Chapter 5 Global Aids to Navigation System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aids to Navigation System Market Size Forecast by Type
5.2.1 Lighthouses
5.2.2 Buoys
5.2.3 Fog Signals
5.2.4 Day Beacons
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aids to Navigation System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aids to Navigation System Market Size Forecast by Applications
6.2.1 Maritime Tourism
6.2.2 Maritime Agencies
6.2.3 Port Operators
6.2.4 Offshore Wind Farms
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aids to Navigation System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aids to Navigation System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aids to Navigation System Analysis and Forecast
9.1 Introduction
9.2 North America Aids to Navigation System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aids to Navigation System Market Size Forecast by Type
9.6.1 Lighthouses
9.6.2 Buoys
9.6.3 Fog Signals
9.6.4 Day Beacons
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aids to Navigation System Market Size Forecast by Applications
9.10.1 Maritime Tourism
9.10.2 Maritime Agencies
9.10.3 Port Operators
9.10.4 Offshore Wind Farms
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aids to Navigation System Analysis and Forecast
10.1 Introduction
10.2 Europe Aids to Navigation System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aids to Navigation System Market Size Forecast by Type
10.6.1 Lighthouses
10.6.2 Buoys
10.6.3 Fog Signals
10.6.4 Day Beacons
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aids to Navigation System Market Size Forecast by Applications
10.10.1 Maritime Tourism
10.10.2 Maritime Agencies
10.10.3 Port Operators
10.10.4 Offshore Wind Farms
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aids to Navigation System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aids to Navigation System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aids to Navigation System Market Size Forecast by Type
11.6.1 Lighthouses
11.6.2 Buoys
11.6.3 Fog Signals
11.6.4 Day Beacons
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aids to Navigation System Market Size Forecast by Applications
11.10.1 Maritime Tourism
11.10.2 Maritime Agencies
11.10.3 Port Operators
11.10.4 Offshore Wind Farms
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aids to Navigation System Analysis and Forecast
12.1 Introduction
12.2 Latin America Aids to Navigation System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aids to Navigation System Market Size Forecast by Type
12.6.1 Lighthouses
12.6.2 Buoys
12.6.3 Fog Signals
12.6.4 Day Beacons
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aids to Navigation System Market Size Forecast by Applications
12.10.1 Maritime Tourism
12.10.2 Maritime Agencies
12.10.3 Port Operators
12.10.4 Offshore Wind Farms
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aids to Navigation System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aids to Navigation System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aids to Navigation System Market Size Forecast by Type
13.6.1 Lighthouses
13.6.2 Buoys
13.6.3 Fog Signals
13.6.4 Day Beacons
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aids to Navigation System Market Size Forecast by Applications
13.10.1 Maritime Tourism
13.10.2 Maritime Agencies
13.10.3 Port Operators
13.10.4 Offshore Wind Farms
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aids to Navigation System Market: Competitive Dashboard
14.2 Global Aids to Navigation System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sealite Pty Ltd
14.3.2 Tideland Signal (Xylem)
14.3.3 Sabik Marine
14.3.4 GISMAN
14.3.5 JFC Marine
14.3.6 ITO Navaids
14.3.7 SICE srl
14.3.8 Mesemar
14.3.9 Orga BV
14.3.10 Zeni Lite Buoy Co., Ltd
14.3.11 Sealite Pty Ltd
14.3.12 Go Deep Aids to Navigation
14.3.13 KJS Technology