About Handheld VHF Radio
Handheld VHF radio is a portable VHF radio. They are used for marine communication and are installed on both large and small vessels. Handheld VHF Radio market is expected to mark significant growth over the forecasted period owing to increasing consumer spending for radio communication spectrum in commercial usage applications and technological advancement. A handheld VHF radio also is useful for communicating with marinas and harbors as well as the operators of bridges and locks. Further, Growth in the marine sector expected to drive a handheld VHF radio market over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
In the Handheld VHF Radio, the market is highly fragmented, the companies are focused to develop new products and innovations in existing products as per the end-user requirement. Analyst at AMA Research estimates that Japanese Players will contribute the maximum growth to Global Handheld VHF Radio market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Icom Inc. (France), Standard Horizon (United States), Cobra (United States), Uniden (Japan), Raymarine (FLIR Systems) (United Kingdom), Entel Group (United Kingdom), JVCKENWOOD (Japan), Uniden (Japan), Kirisun (China) and Quansheng (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Yaesu (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Handheld VHF Radio market by Type (Marine and Land), Application (Fishery, Transport, Leisure and Recreation, Public Safety and Aviation) and Region.
On the basis of geography, the market of Handheld 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Handheld VHF Radio market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Collaboration and Tie Up Of Leading Players
Market Growth Drivers:
Widely Adopted by the Various Security Agency and Rapid Demand of Walkie-Talkie Devices at Commercial and Training Activity
Challenges:
VHF radio use is subject to regulations and licensing requirements in many countries and Handheld VHF radios have a shorter communication range
Restraints:
The High Cost of the Radio
Opportunities:
Rising Concern of Security and Incidence of Crime Leads to Grow the Market and Upsurge Demand Due to Government Investments.
Market Leaders and their expansionary development strategies
In JUNE 2022, Sepura has launched its first VHF TETRA radios at Critical Communications World in Vienna, providing a solution for mission critical users in challenging conditions such as complex underground networks and remote, expansive outdoor environments
In November 2023, Icom Launched Groundbreaking IP-M60 Marine VHF/LTE Hybrid Radio. features of the IP-M60 Marine VHF/LTE hybrid radio, LTE Network Connectivity, Independent PTT Buttons, Wireless Operation with Bluetooth.
Key Target Audience
Handheld VHF Radio Manufacturers, Handheld VHF Radio Suppliers, Raw Material Suppliers, Government and Research Organizations and Research and Development Institutions
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.