VHF Radio Market Scope, Growth, Size and Share by 2031
VHF Radio Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 5.62 billion |
Market Size by 2031 | US$ 12.12 billion |
Global CAGR (2023 - 2031) | 10.1 % |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
VHF Radio Market News and Recent Developments
The VHF radio market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
- In November 2023, Icom unveiled a major innovation in radio communication with the world's first Marine VHF/LTE Hybrid Radio, the IP-M60. This revolutionary device, which was officially introduced at METS 2023 (Marine Equipment Trade Show), seamlessly combines the capabilities of an LTE radio with the reliability of a Marine VHF radio in a single handheld device. (Source: Icom, Press Release)
- In March 2024, Aireon, the leader in space-based air traffic management data products and services, announced to lead the next big evolution in safety and efficiency with the formation of the Aireon Space-Based VHF Coalition, a group of organizations that will develop the concept of operations for space-based VHF voice and data communications for aviation. (Source: Aireon, Press Release)
VHF Radio Market Report Coverage and Deliverables
The “VHF Radio Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles