The global marine VHF radio market is anticipated to grow at a significant CAGR during the forecast period. Commercial ships, the US Coast Guard, the Rescue 21 network, bridge tenders, race committees, and TowBoatUS all use a VHF radio that is one of the most cost-effective systems. The effectiveness of a VHF radio is determined by its antenna systems, which should be as high as possible. Due to VHF signals travel in a straight line, a higher antenna amplifies a VHF signal, allowing it to reach further away stations.
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The VHF radio system is widely utilised in marine emergency circumstances and by search and rescue (SAR) organisations on land and sea in the event of an emergency. The VHF radio system is regarded as an excellent communication channel in the maritime business. Communication can be difficult at sea in some severe conditions and onboard. Noise and inclement weather, such as rain, might interfere with the delivery of radio messages. As a result, numerous organisations are focused on enhancing communication to deal with such situations.
For instance, in June 2020, the Automated Transcription of Maritime VHF Radio Communication for Search and Rescue Mission Coordination research project was launched by the German Maritime Search and Rescue Association DGzRS, Fraunhofer IAIS, Fraunhofer CML, and Rhothetha Elektronik GmbH. They are more efficient than mobile phones for marine communications and have more consistent reception. Furthermore, when utilised in recreational boats, there is no need for a licence. As a result, during the forecast period, recreational boating activities are likely to propel the growth of the global marine VHF radio market.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Products Type
o By Application
- Competitive Landscape: Motorola, Icom, Uniden, Standard Horizon and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID 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?
Global Marine VHF Radio Market by Segments
By Product Type
- Fixed-mount
- Handheld
By Application
- Fishery
- Transport
- Leisure and Recreation
- Other
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