Global VHF Marine Radio Market Overview:
Marine VHF Radio is a device installed in large ships and most seagoing small craft which provides a radio frequency range between 156 and 174 Mhz. The VHF maritime radio is widely used to communicate with harbour, locks, bridge & marina and also help to rescue people in an emergency. VHF communications are suitable for vessels remaining relatively close to the coast and in the range of the cost station operating VHF channels. A set of functions are performed and the operator controls the traditionally fixed mount VHF equipment to handheld VHF radios. The growing significance of critical communication in operation will increase the demand for Marine VHF Radio market. Some of the key players profiled in the study are Icom Inc. (Japan), Standard Horizon (United States), Uniden (Japan), Cobra (United States), Raymarine (United States), Entel (United Kingdom) and Jvckenwood (Japan).
On the basis of geography, the market of VHF Marine Radio has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. Software will boost the VHF Marine Radio market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Need To Manage Marine Transportation Effectively
- Ability to Establish Effective Communication For Marine Application
- Focus on Robust and User-Friendly Marine Radio Design
- Incorporation of Leisure Orientated Hand Portables in VHF Marine Radio Technology
- Restricted Range of VHF Marine Radio Limits Its Wide Deployment
- Inability To Connect Beyond Point-To-Point or Line-of-Sight (LOS) Signal
- Improved Sound Quality and Minimal Radio Interference
- Vulnerability and Prone to Interruptions In Case of Natural Hazard
- Problem of Signal Jamming
In October 2018, Zenitel announced its Asset Purchase Agreement with Jotron to acquire the Intercom and Public Address business from Jotron AS.
According to U.S. Department of Homeland Security "VHF maritime channel 70 (156.525 MHz) is authorized exclusively for distress, safety and calling purposes using digital selective calling (DSC) techniques. No other uses are permitted."
Target Audience:Marine VHF Radio Manufacturers, System Integrators, Distributors/Suppliers, Defense Organizations, Research Institutes, Potential Investors and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global VHF Marine Radio market on the basis of product [Fixed-Mount and Handheld] , application [Fishery, Transport, Leisure and Recreation and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the VHF Marine Radio market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the VHF Marine Radio industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Jotron AS (Norway) and Navico (Norway).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the VHF Marine Radio market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.