PUBLISHER: QYResearch | PRODUCT CODE: 1872214
PUBLISHER: QYResearch | PRODUCT CODE: 1872214
The global market for Marine VHF Radio was estimated to be worth US$ 129 million in 2024 and is forecast to a readjusted size of US$ 167 million by 2031 with a CAGR of 4.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Marine VHF Radio cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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).
The primary driver of the marine VHF radio market stems from the continuous growth of the global shipping industry and the tightening of maritime safety regulations. The International Maritime Organization (IMO) mandates vessels to be equipped with Digital Selective Calling (DSC)-enabled VHF radios to ensure reliable distress communications, directly fueling the replacement and upgrading of existing equipment. Additionally, the expansion of maritime trade, increased fishing activities, and the booming recreational boating industry have further amplified the demand for VHF radios. Emerging economies' investments in port infrastructure and the modernization of outdated communication systems on older vessels also contribute to market growth. Meanwhile, technological advancements, such as AIS integration and low-power designs, have reduced costs, making VHF radios more accessible to small and medium-sized vessels.
Market trends are moving toward greater integration and smarter functionalities. On one hand, VHF radios are increasingly being combined with satellite communications and radar navigation systems to form comprehensive maritime communication solutions, such as multifunctional terminals supporting the NMEA 2000 protocol. On the other hand, digital technologies like Software-Defined Radio (SDR) and dPMR standards are gradually replacing traditional analog signals, improving spectrum efficiency and anti-interference capabilities. Regional market dynamics are also diverging: European and American high-end brands dominate premium devices, while Asian manufacturers leverage cost-performance advantages to capture the fishing and coastal vessel segments. Looking ahead, with the rise of e-navigation and autonomous ships, VHF radios may evolve into key nodes in the maritime Internet of Things (IoT), though challenges such as spectrum allocation and global standardization remain to be addressed.
This report aims to provide a comprehensive presentation of the global market for Marine VHF Radio, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Marine VHF Radio by region & country, by Type, and by End User.
The Marine VHF Radio market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine VHF Radio.
Market Segmentation
By Company
Segment by Type
Segment by End User
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Marine VHF Radio manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by End User, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Marine VHF Radio in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Marine VHF Radio in country level. It provides sigmate data by Type, and by End User for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.