Marine VHF Radio Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Marine VHF radio is a global communication system of two-way radio transceivers used on watercrafts and ships for ship to shore, ship to ship, and ship to aircraft communication application. The marine VHF radio uses FM channels in VHF (very high frequency) radio band of frequency range between 156 and 174 MHz. The international Telecommunication Union terms the band VHF maritime mobile band. Some countries also uses additional channels such as F and L. The radio comes in to form fixed and hand held and the range of these radio is about 100 KM.

MARKET DYNAMICS

Owing to the growing international trade activities across the globe the marine VHF radio market is experiencing growth. Furthermore, the growing deployment of ships for leisure activities such cruise ships is among other factor is fueling the growth of the market. Meanwhile, the growing demand of sea foods and private yachts is anticipated to propel the demand of marine VHF radio in forth coming future.

MARKET SCOPE

The "Marine VHF radio Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor with a special focus on the global market trend analysis. The report aims to provide an overview of marine VHF radio market with detailed market segmentation by type, application, and geography. The global marine VHF radio market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading marine VHF radio market players and offers key trends and opportunities in the marine VHF radio market.

MARKET SEGMENTATION

The global marine VHF radio market is segmented on the basis of type and application. On the basis of type, the market is segmented as handheld and fixed-mount. On the basis of application, the market is segmented as fishery, transport, leisure and recreation, and Other.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global marine VHF radio market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The marine VHF radio market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting marine VHF radio market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the marine VHF radio market in these regions.

MARKET PLAYERS

The reports cover key developments in the marine VHF radio market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from marine VHF radio market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft brakes market. Below mentioned is the list of few companies engaged in the aircraft brakes market.

The report also includes the profiles of key marine VHF radio market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Cobham
  
•   Cobra
  
•   Entel
  
•   Garmin Ltd
  
•   Icom Inc.
  
•   Jotron
  
•   Raymarine (FLIR Systems)
  
•   Simrad
  
•   Standard Horizon
  
•   Uniden America Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Marine VHF Radio Report Scope