What is Marine VHF Radio Market?
Marine VHF Radio is a device installed in large ships and most seagoing small craft which provides radio frequency range between 156 and 174 Mhz. The VHF maritime radio are widely used to communicate with harbor, locks, bridge & marina and also help to rescue people in an emergency.
The market study is being classified by Type (Fixed-mount and Handheld), by Application (Fishery, Transport, Leisure and Recreation and Others) and major geographies with country level break-up.
Icom Inc. (Japan), Standard Horizon (United States), Uniden (Japan), Raymarine (United States), Entel (United Kingdom), Jvckenwood (Japan), Jotron AS (Norway) and Navico (Norway) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Cobra.
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Marine VHF Radio market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Marine VHF Radio market by Type, Application and Region.
On the basis of geography, the market of Marine VHF Radio has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Need To Manage Marine Transportation Effectively
- Ability To Establish Effective Communication For Marine Application
Market Trend
- Focus On Robust And User-Friendly Marine Radio Design
- Incorporation Of Leisure Orientated Hand Portables In VHF Marine Radio Technology
Restraints
- Restricted Range Of VHF Marine Radio Limits Its Wide Deployment
- Inability To Connect Beyond Point-To-Point Or Line-Of-Sight (LOS) Signal
Challenges
- Vulnerability and Prone to Interruptions in case of natural hazard
- Problem of signal jamming
Market Leaders and some development strategies
In October 2018, Zenitel announced its Asset Purchase Agreement with Jotron to acquire the Intercom and Public Address business from Jotron AS.
Analyst Comment
Merete Berdal, CEO of Jotron said to be very pleased with the agreement: “Jotron is a world leading provider of safety communication. Segments of our business have been growing very fast and in order to maintain this growth we have decided to look for new ownership for the Phontech business. "We believe Horten, Norway will gain an even stronger position by combining two major Public Address and Intercom providers into one world leading player“
Key Target Audience
Communication Hardware Vendors, Consulting Companies, Government Organizations and Agencies, Integrated Maritime Safety Providers, Maritime Security Hardware Vendors, Maritime Safety Service Vendors and Maritime Safety Hardware, Services Resellers and Distributors