Industry Background:
Marine VHF Radio is a device installed in large ships and most seagoing small craft which provides a radio frequency range between 156 and 174 Mhz. The VHF maritime radio is widely used to communicate with harbour, locks, bridge & marina and also help to rescue people in an emergency. VHF communications are suitable for vessels remaining relatively close to the coast and in the range of the cost station operating VHF channels. A set of functions are performed and the operator controls the traditionally fixed mount VHF equipment to handheld VHF radios. The growing significance of critical communication in operation will increase the demand for Marine VHF Radio market.This growth is primarily driven by Growing Need To Manage Marine Transportation Effectively and Ability to Establish Effective Communication For Marine Application.
Globally, a noticeable market trend is evident Focus on Robust and User-Friendly Marine Radio Design
. Major Manufacturers, such as Icom Inc. (Japan), Standard Horizon (United States), Uniden (Japan), Cobra (United States), Raymarine (United States), Entel (United Kingdom) and Jvckenwood (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2018, Zenitel announced its Asset Purchase Agreement with Jotron to acquire the Intercom and Public Address business from Jotron AS.
Regulatory Insights:
According to U.S. Department of Homeland Security "VHF maritime channel 70 (156.525 MHz) is authorized exclusively for distress, safety and calling purposes using digital selective calling (DSC) techniques. No other uses are permitted."
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
Opportunities
Improved Sound Quality and Minimal Radio Interference
Challenges
Vulnerability and Prone to Interruptions In Case of Natural Hazard and Problem of Signal Jamming
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, VHF Marine Radio Study Sheds Light on
The VHF Marine Radio Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the VHF Marine Radio industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where VHF Marine Radio industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.