The global Marine VHF Radio market was valued at US$ 109.6 million in 2020 and it is expected to reach US$ 145.6 million by the end of 2027, growing at a CAGR of 3.9% during 2021-2027.
Marine VHF radio refers to the radio frequency range between 156.0 and 174 MHz, inclusive.
The “VHF” signifies the very high frequency of the range. In the official language of the International Telecommunication Union the band is called the VHF maritime mobile band. In some countries additional channels are used, such as 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. Icom Inc. dominated with 22% production value share, followed by Standard Horizon with 13% production value share, Cobra with 10% production value share, and Uniden with 10% production value share.
Global Marine VHF Radio Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Marine VHF Radio Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Icom Inc., Standard Horizon (Yaesu), Cobra Electronics Corporation (Monomoy Capital Partners ), Uniden, Raymarine (FLIR Systems), Entel Group, Jvckenwood, Jotron, Navico, Sailor (Satcom Global), Furuno, Fujian Feitong Communication Technology, Recent and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-marine-vhf-radio-market-research-report
Segment by Type
Segment by Application
- Leisure and Recreation
Table of Content:
1 Marine VHF Radio Market Overview
2 Marine VHF Radio Market Competition by Manufacturers
3 Marine VHF Radio Retrospective Market Scenario by Region
4 Global Marine VHF Radio Historic Market Analysis by Type
5 Global Marine VHF Radio Historic Market Analysis by Application
6 Key Companies Profiled
7 Marine VHF Radio Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Marine VHF Radio Market Dynamics
10 Global Marine VHF Radio Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta