VHF Marine Radio Market

VHF Marine Radio Market Size, Share & Trends Analysis Report, Forecast Period, 2021-2027

Published: Sep 2021 | Report Code: OMR2024143 | Category : Semiconductor Materials and Components | Delivery Format: /

The market for VHF Marine Radio is expected to grow at a CAGR during the forecast period (2021-2027). Marine VHF radio is a two-way radio communication system used aboard watercraft and ships for ship-to-shore, ship-to-ship, and ship-to-aircraft communication. The maritime VHF radio operates on FM channels in the VHF (very high frequency) radio band, which spans frequencies of 156 to 174 MHz. This band is known as the VHF marine mobile band by the International Telecommunication Union. Additional channels, such as F and L, are used in some countries. The radio is available in two versions as fixed and hand-held, with a range of about 100 kilometres.

The maritime VHF radio market has grown as a result of increased international commerce operations throughout the globe. Furthermore, the increasing deployment of ships for leisure activities, such as cruise ships, is driving the market's growth. Meanwhile, rising demand for sea foods and private boats is expected to drive up demand for marine VHF radios during the forecast period.

Due to the growing tourism sector, economic growth, and increased involvement in boating activities, recreational boats are increasingly sailing to new frontiers. As a result of the rising interest in recreational boating among individuals, there is a large market for recreational boats. People utilize these boats for enjoyment and enjoyable activities when on vacation with family and friends. Because boaters must utilise the best channel while speaking on VHF radio, the wide adoption of recreational boating in the offers up new opportunities for VHF radio equipment.

Boaters using VHF radios must keep an eye on either channel 9 or channel 16 whenever the radio is turned on and not interacting with another station, according to FCC regulations. At the request of the US Coast Guard, the FCC designated VHF-FM channel 9 as a supplemental calling channel for recreational boaters. A number of firms are developing VHF radios for the maritime sector. Garmin Ltd., for instance, offers fixed-mount VHF 210 AIS radio displays with a transmit power of 25 W, which improve communication, situational awareness, and collision avoidance. The package covers frequency bands for all maritime channels in the US and Canada.

Market Coverage

  • The market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027
  • Segment Covered- 

o By Type – Handheld and Fixed Mount

o By Application – Fishery, Transport, Leisure and Recreation

  • Competitive Landscape:  Cobham, Cobra, Entel, Garmin Ltd, Icom Inc.,  Jotron, Raymarine (FLIR Systems), Simrad, Standard Horizon and Uniden America Corporation among others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

VHF Marine Radio Market Report 

By Type

  • Handheld
  • Fixed Mount

By Application

  • Fishery
  • Transport
  • Leisure
  • Recreation

By Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe 

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific 

Rest of the World

  • Latin America 
  • Middle East & Africa