Marine VHF Radio Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Icom Inc., Standard Horizon, Cobra

Registering a CAGR of around -0.5% over the forecast period of 2022-2027, the Marine VHF Radio Market is anticipated to reach the market value of US$ 143.1Million by 2027.

Marine VHF Radio Market Overview

Marine VHF radio states to the radio frequency range between 156.0 and 174 MHz, inclusive.

The "VHF" indicates the very high frequency of the range. In the official language of the International Telecommunication Union the band is entitled the VHF maritime mobile band. In some countries additional channels are used, for example the L and F channels for leisure and fishing vessels in the Nordic countries (at 155.5-155.825 MHz).

Icom Inc., Standard Horizon, Cobra and Uniden are the top four production value share spots in the Marine VHF Radio market in 2016. Icom Inc. lead with 22.78% production value share, followed by Standard Horizon with 13.94% production value share, Cobra with 10.46% production value share, and Uniden with 10.22% production value share.

The Global Marine VHF Radio market research report discusses the key drivers influencing global growth, current market trends, key driving factors and the Internet & Communication market as a whole. Marine VHF Radio Market report evaluates the CAGR, revenue, value, volume, sales, price and dynamics of the market during the forecast period of 2022-2027. From the competitive edge of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Marine VHF Radio during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

Who are the Major Players in Marine VHF Radio Market?

The Marine VHF Radio Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Icom Inc., Standard Horizon, Cobra, Uniden, Raymarine (FLIR Systems), Entel Group, JVCKENWOOD, Jotron, Navico, SAILOR (Satcom Global), and others.

Industry News:

• 2021.08.20, Icom Inc., IC-M510E, Class-D DSC VHF Marine Radio with WLAN Function -
  
  Use the RS-M500 app (for iOS™/Android™) to remotely control Smart device the IC-M510E through WLAN. Up to three smart devices can be used as a wireless microphone or remote controller in substitute for a simple microphone. Intercom function between your smart device and the radio is also available.

What are the major Applications, Types and Regions for Marine VHF Radio Market?

Marine VHF Radio Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Fixed-Mount


• Handheld


• Others

By Applications it is segmented into

• Fishery


• Transport


• Leisure and Recreation


• Others

Marine VHF Radio Market Regional Analysis

The report comprises a country-wise and region-wise market size for the period 2014-2025, by countries (regions), by Type, and by Request, as well as by companies for North America, Europe, Asia-Pacific, Latin USA, and Middle East and Africa. The report offers an thorough estimate of dissimilar region-wise and country-wise Marine VHF Radio markets such as the U.S., Canada, Germany, France, the U.K., Italy, Russia, China, Japan, South Korea, Taiwan, India, Australia, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Argentina, Saudi Arabia, UAE, Turkey, etc.,

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• Rest of the World
  
  
  
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The Marine VHF Radio Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Marine VHF Radio Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Marine VHF Radio Market report scope?

Scope of the Report covers Marine VHF Radio Market with detailed analysis of the overall scenario for the market. It also highlights the business participant’s environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Marine VHF Radio Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Marine VHF Radio Report

• Evaluate Marine VHF Radio market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Marine VHF Radio market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Question-

What is the study period of this market?

The Marine VHF Radio Market is studied from 2017-2027.

What is the growth rate of Marine VHF Radio Market?

The Marine VHF Radio Market is growing at a CAGR of -0.5% over the next 5 years.

Who are the key players in Marine VHF Radio Market?

Icom Inc., Standard Horizon, Cobra, Uniden, Raymarine (FLIR Systems), Entel Group, JVCKENWOOD, Jotron, Navico,

What regions does this Marine VHF Radio Market report covers?

North America (US, Canada)

Europe (Germany, France, UK, Italy, Spain, Rest of Europe)

Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)

Rest of the World (Middle East & Africa, Latin America)

What are the major end-use applications of Marine VHF Radio Market?

Fisher ,Transport  ,Leisure and Recreation ,Others