PUBLISHER: The Business Research Company | PRODUCT CODE: 1730943
PUBLISHER: The Business Research Company | PRODUCT CODE: 1730943
Marine very high frequency (VHF) radio and automatic identification system (AIS) are critical maritime communication and navigation systems that facilitate ship-to-ship, ship-to-shore, and emergency communication, ensuring safety and regulatory compliance. Marine VHF radio operates within the very high frequency (VHF) band, typically between 156 MHz and 174 MHz, and is used for voice communication between vessels, between ships and coastal stations, and for distress signaling. The automatic identification system (AIS) is a tracking system that enables ships and vessels to automatically transmit and receive real-time data regarding their position, course, speed, and other navigational information to prevent collisions and enhance maritime safety.
The primary product types of marine VHF radio and AIS include marine very high frequency (VHF) radio and automatic identification systems. Marine VHF radios provide reliable short-range communication for vessels, improving maritime safety and situational awareness. These systems consist of various components such as microphones and speakers, antennas, displays and screens, transmitters and receivers, and software systems. They are utilized in multiple applications, including commercial shipping, recreational boating, fishing vessels, navigation and traffic management, collision avoidance, and fleet monitoring and tracking.
The marine VHF radio And AIS market research report is one of a series of new reports from The Business Research Company that provides marine VHF radio And AIS market statistics, including the marine VHF radio And AIS industry global market size, regional shares, competitors with the marine VHF radio And AIS market share, detailed marine VHF radio And AIS market segments, market trends, and opportunities, and any further data you may need to thrive in the marine VHF radio And AIS industry. This marine VHF radio And AIS market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The marine very high frequency (VHF) radio and automatic identification system (AIS) market size has grown strongly in recent years. It will grow from $0.47 billion in 2024 to $0.50 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth during the historic period can be attributed to the increasing demand for compliance with maritime safety standards, the rise in global maritime activities, growing awareness of maritime safety regulations, expansion in global shipping and trade, and the increasing need for effective communication tools.
The marine very high frequency (VHF) radio and automatic identification system (AIS) market size is expected to see strong growth in the next few years. It will grow to $0.66 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period will be driven by the rising adoption of automated vessel tracking systems, the expansion of the recreational boating industry, the growing trend of smart marine technologies, the increasing reliance on data-driven maritime operations, and the rising demand for handheld VHF radios. Key trends expected in this period include technological advancements, the integration of digital technology, the use of artificial intelligence (AI) and machine learning (ML), the development of compact and user-friendly radios, and the incorporation of 5G and satellite connectivity for enhanced maritime communication.
The expansion of the marine very high frequency (VHF) radio and automatic identification system (AIS) market is expected to be driven by the growth of shipping and maritime trade. Shipping and maritime trade involve the global transportation of goods, raw materials, and commodities through sea routes using commercial vessels, which supports international trade and economic development. The rise in shipping and maritime trade is attributed to the growing demand for raw materials and consumer products, along with the increase in international commerce. As global economies expand, the need for transporting goods across borders grows, which in turn increases the demand for more efficient and reliable shipping services. This growth in shipping traffic boosts the need for marine VHF radios and AIS solutions that ensure safe navigation, effective communication, and regulatory compliance. For example, in 2023, global maritime trade grew by 2.4%, reaching 12.3 billion tons, according to the UN Conference on Trade and Development (UNCTAD). The sector is expected to continue expanding by 2% in 2024 and maintain an average annual growth rate of 2.4% until 2029. Thus, the expansion of shipping and maritime trade is a key driver of the marine VHF radio and AIS market.
Key players in the marine VHF radio and AIS market are focused on developing advanced products, such as fixed-mount marine VHF radios, to improve communication reliability and meet evolving maritime regulations. A fixed-mount marine VHF radio is a communication system installed on a vessel that provides reliable short-range voice contact with other ships, shore stations, and emergency services. For instance, in November 2024, Icom Incorporated, a UK-based company specializing in radio communication equipment, introduced the IC-M510 EVO, an upgraded version of its previous IC-M510 model. This new model features built-in NMEA 2000 connectivity, a 25W two-way hailer/RX hailer, and smartphone control through WLAN. It also includes Class-D DSC for enhanced maritime communication and safety, making it suitable for pleasure boats, fishing vessels, and rescue operations, with an IP68 rating for dust and water resistance.
In January 2022, Garmin Ltd., a Swiss company known for GPS navigation and wearable technology, acquired Vesper Marine to strengthen its marine electronics portfolio. The acquisition aims to integrate Vesper Marine's AIS technology and vessel monitoring solutions, enhancing maritime communication and safety. Vesper Marine, a New Zealand-based provider of AIS, VHF, and vessel monitoring solutions, is now part of Garmin's broader marine technology offerings.
Major players in the marine very high frequency (vhf) radio and automatic identification system (ais) market are Furuno Electric Co. Ltd., Garmin Ltd., Japan Radio Co. Ltd., Uniden America Corporation, Icom Incorporated, Cobham Satcom, Raymarine Ltd., Cobra Electronics Corporation, Jotron AS, Seas of Solutions, Simrad, ComNav Marine Ltd., ACR Electronics Inc., Yaesu Musen Co. Ltd., Midland Europe Srl, Navico Group, B&G Sailing Electronics, Lowrance, Si-Tex Marine Electronics, Standard Communications Pty Ltd., Entel Group Ltd.
North America was the largest region in the marine very high frequency (VHF) radio and automatic identification system (AIS) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in marine very high frequency (VHF) radio and automatic identification system (AIS) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the marine very high frequency (VHF) radio and automatic identification system (AIS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The marine very high frequency (VHF) radio and automatic identification system (AIS) market consists of sales of weather alerts, vessel tracking, and traffic management. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on marine very high frequency (vhf) radio and automatic identification system (ais) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for marine very high frequency (vhf) radio and automatic identification system (ais) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The marine very high frequency (vhf) radio and automatic identification system (ais) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.