Global Marine VHF Radio Market Research Report 2022 (Status and Outlook)
Marine VHF radio is a worldwide system of two way radio transceivers on ships and watercraft used for bidirectional voice communication from ship-to-ship, ship-to-shore (for example with harbormasters), and in certain circumstances ship-to-aircraft. It uses FM channels in the very high frequency (VHF) radio band in the frequency range between 156 and 174 MHz, inclusive, designated by the International Telecommunication Union as the VHF maritime mobile band. In some countries additional channels are used, such as the L and F channels for leisure and fishing vessels in the Nordic countries (at 155.5–155.825 MHz). Transmitter power is limited to 25 watts, giving them a range of about 100 kilometres (62 mi; 54 nmi).Marine VHF radio equipment is installed on all large ships and most seagoing small craft. It is also used, with slightly different regulation, on rivers and lakes. It is used for a wide variety of purposes, including marine navigation and traffic control, summoning rescue services and communicating with harbours, locks, bridges and marinas.
The Global Marine VHF Radio Market Size was estimated at USD 113.9 million in 2021 and is projected to reach USD 149 million by 2028, exhibiting a CAGR of 4.58% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Marine VHF Radio market covering all its essential aspects. This ranges from macro-overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps to shape the competition within the industries and strategies to the competitive environment in order to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of Global Marine VHF Radio Market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Marine VHF Radio market in any manner.
Global Marine VHF Radio Market: Market Segmentation Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Market segmentation creates subsets of a market based on product type, end user or application, Geographic, and other factor. By understanding the market segments, decision maker can leverage this targeting in product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Standard Horizon (Yaesu)
Raymarine (FLIR Systems)
SAILOR (Satcom Global)
Fujian Feitong Communication Technology
Market Segmentation (by Type)
Market Segmentation (by Application)
Leisure and Recreation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the market
Overview of the regional outlook of the market:
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Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
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