The VHF radio market was valued US$ 3,177.37 million in 2019 and is expected to reach US$ 6,218.05 million by 2027; it is estimated to grow at a CAGR of 8.9% during 2020–2027.
North America includes developed economies, such as the US and Canada, as well as emerging economies, such as Mexico. Technological developments make North America a highly competitive market for various companies. The companies in this region are continuously developing overall business processes to meet end users’ demands for high-quality products. At present, the US boasts of strong port infrastructure and maritime sector due to its substantial reliance on imported goods and notable outsourcing of manufacturing and production facilities over Asian economies. Thus, the country presently relies on numerous maritime industry-related products for seamless operations, maintenance, and industry growth.
Recreational boats are increasingly cruising to new horizons due to the rising tourism industry in the region, increasing economic development, and surging participation in boating activities. The region represents a huge VHF Radio market for recreational boats due to the growing interest of individuals in recreational boating. Individuals use these boats for pleasure and fun activities amid trip with family and companions. The huge adoption of recreational boating in the region opens new possibilities for VHF radio equipment since boaters must use the finest channel when communicating on VHF radio.
As per FCC regulations, boaters having VHF radios must maintain a watch on either channel nine or channel 16 whenever the radio is turned on and not communicating with another station. The FCC announced the VHF-FM channel nine as a supplementary calling channel for recreational boaters at the request of the US Coast Guard. Several companies in the region are designing various types of VHF radios for the marine industry. For instance, Garmin Ltd. provides fixed-mount VHF 210 AIS radio displays with 25 W transmit power, optimizing communication, situational awareness, and collision avoidance. The product includes frequency bands for all US and Canadian marine channels.
Increase in air traffic has made it essential for airports in the region to opt for VHF radio communication equipment to ensure the efficiency of airlines. Increasing trend of wireless communication has led to noteworthy developments in VHF radio systems. The focus of component manufacturers in designing next-gen systems is propelling the market in the region.
Impact of COVID-19 Pandemic on VHF Radio Market
The US is a prominent market for VHF Radio, especially aviation and marine sectors. The huge increase in the number of confirmed cases and rising reported deaths in the country affects both manufacturing and sales of VHF Radio components used. The factory and business shutdowns across the US, Canada, and Mexico impact the adoption of the VHF radio market. North America is home to many manufacturing and technology companies, and thus the impact of coronavirus outbreak is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the US will impact the VHF radio market growth of North America negatively for the next few quarters.
Lucrative Regional VHF Radio Market
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Market Insights–VHF Radio Market
Growing Need for VHF Radio Systems in Emergency Communications
VHF radio systems are considered a reliable tool for emergency communications. The government, rescue services, and charity associations have disaster management plans for any hurricanes and earthquake scenarios. In such a situation, when mobile phone signals are jammed, VHF radios are important to create lines of communication between the rescue services. In Europe, the UK is moderately protected from massive natural disasters, such as earthquakes and hurricanes; however, civil emergencies caused by flooding are becoming a progressively common thing, putting people's lives in danger. Thus, in order to handle such a situation, the country is highly adopting VHF radio for better communications, even in the worst scenarios. To tackle emergencies, companies are highly focused on designing efficient VHF radio systems. For instance, DCS 2-Way Radio Ltd, a UK-based company, designs VHF radios, supporting hospitals and the emergency services.
Situational awareness or being aware of the location is vital among the soldiers during the battle. The modern battlefield presents several challenges to situation awareness, which poses a substantial threat to the dismounted soldiers and vehicles (land, air, and naval). Enemies or militant forces use advanced systems, which creates challenging situations for armed forces during decision making. In order to enhance situational awareness among the on-battle soldiers, the demand for VHF radios is consistently growing. Harris Corp. designed RF-7800V-HH Falcon III next-gen VHF handheld tactical radio for the networked battlefield. It supports real-time voice and data transfer to enable users to talk while sending situational-awareness data. With a GPS receiver and a TDMA waveform, the VHF radio allows communication of situational-awareness data to battlefield management systems. Thus, to handle emergencies and easily transmit mission information, there is an increase in demand for VHF radios across the world.
Type-Based Insights
Based on type, the VHF radio market is segmented into handheld and fixed-mount. The handheld segment led the VHF radio market in 2019. A handheld VHF radio is a portable solution that operates on a battery. This type does not need external power supplies. In the era of ubiquitous cell phones, handheld VHF radio might seem outdated; however, the capabilities and safety features of VHF stand apart. It is a light-weight, compact solution and it enables swift communication. The disadvantage of having a handheld VHF radio is that it would have a decreased range compared to fixed-mount type; besides, it would have a limited battery life that might need charging before heading out.
VHF Radio Market, by Type – 2019 and 2027
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Application -Based Insights
Based on application, the VHF radio market is segmented into marine, aviation, and land. In 2019, the land segment led the VHF radio market in terms of size. VHF radio systems are used in various areas, such as paramilitary police, border security, coast guard, and national defense forces. Land-based radio communication has progressed over time from conventional to digital, allowing features such as high-quality audio, rapid voice call-setup, group calling, and priority access to the end user. With the growing terrorism and natural disasters, various counties are procuring VHF radio to deliver an effective response in real-time.
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VHF Radio Market: Strategic Insights
Market Size Value in US$ 3,177.37 Million in 2019 Market Size Value by US$ 6,218.05 Million by 2027 Growth rate CAGR of 8.9% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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VHF Radio Market: Strategic Insights
| Market Size Value in | US$ 3,177.37 Million in 2019 |
| Market Size Value by | US$ 6,218.05 Million by 2027 |
| Growth rate | CAGR of 8.9% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
- In 2020, Simrad Introduced pair of premium multi-station black box marine radio systems – model theRS100 and RS100-B. The RS100-B is combined with a Class-B AIS transceiver and GPS. These systems can be modified to suit any boat and any on-water communication needs.
- In 2020, Entel declared the launch of its new Gateway 3.0. This all-in-one, easy-to-install and low-cost gateway permits customers to significantly extend the range, reliability and clarity of, or migrate from, existing radio systems.
VHF Radio Market – By Type
- Handheld
- Fixed-Mount
VHF Radio Market – By Application
- Marine
- Aviation
- Land
VHF Radio Market – Companies Profiles
- Cedar Electronics
- Entel UK Limited
- Icom Inc.
- Jotron
- JVC Kenwood Holdings Inc.
- NAVICO
- RAYMARINE (FLIR SYSTEMS)
- SAILOR (SATCOM GLOBAL)
- UNIDEN AMERICA CORPORATION
- YAESU USA
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
VHF radio systems are considered a reliable tool for emergency communications. The government, rescue services, and charity associations have disaster management plans for any hurricanes and earthquake scenarios. In such a situation, when mobile phone signals are jammed, VHF radios are important to create lines of communication between the rescue services. In Europe, the UK is moderately protected from massive natural disasters, such as earthquakes and hurricanes; however, civil emergencies caused by flooding are becoming a progressively common thing, putting people's lives in danger. Thus, in order to handle such a situation, the country is highly adopting VHF radio for better communications, even in the worst scenarios. To tackle emergencies, companies are highly focused on designing efficient VHF radio systems. For instance, DCS 2-Way Radio Ltd, a UK-based company, designs VHF radios, supporting hospitals and the emergency services.
The land segment led the market in 2019 with highest share and is expected to continue its dominance during the forecast period. VHF radio systems are used in various areas, such as paramilitary police, border security, coast guard, and national defense forces. Land-based radio communication has progressed over time from conventional to digital, allowing features such as high-quality audio, rapid voice call-setup, group calling, and priority access to the end user. With the growing terrorism and natural disasters, various counties are procuring VHF radio to deliver an effective response in real-time. Growing applications of land-based VHF radios in diverse industries—such as defense, law enforcement, and transportation—and increasing significance of efficient critical communication operations are driving the demand for VHF radios for land applications. The system ensures that all industries using land-based VHF radio have access to safe and secure radio communications.
The emerging countries in APAC are likely to offer numerous future growth opportunities to the VHF radio providers during the forecast period of 2020 to 2027. Some of the major countries are inclined toward recreational boating activities, such as boat racing and sailing. Increasing interest of people in boat riding helps increase recreational boating activities in growing economies in APAC. Rising income levels enable consumers in the developing countries to spend on premium recreational activities.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. VHF Radio Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. VHF Radio Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for VHF Radio Systems in Emergency Communications and Situational Awareness
5.1.2 Growing Demand for VHF Radio in Marine Applications
5.2 Market Restraints
5.2.1 Limited Range of VHF Radio
5.3 Market Opportunities
5.3.1 Increasing Recreational Boating Activities in Developing Countries of APAC
5.4 Future Trends
5.4.1 Rising Demand for Wireless Technologies
5.5 Impact Analysis of Drivers and Restraints
6. VHF Radio Market – Global Analysis
6.1 VHF Radio Market Global Overview
6.2 VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. VHF Radio Market Analysis – By Type
7.1 Overview
7.2 VHF Radio Market, By Type (2019 and 2027)
7.3 Handheld
7.3.1 Overview
7.3.2 Handheld: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Fixed-Mount
7.4.1 Overview
7.4.2 Fixed-Mount: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
8. VHF Radio Market Analysis – By Application
8.1 Overview
8.2 VHF Radio Market Breakdown, by Application, 2019 & 2027
8.3 Marine
8.3.1 Overview
8.3.2 Marine Market Revenue and Forecast to 2027 (US$ Million)
8.4 Aviation
8.4.1 Overview
8.4.2 Aviation Market Revenue and Forecast to 2027 (US$ Million)
8.5 Land
8.5.1 Overview
8.5.2 Land Market Revenue and Forecast to 2027 (US$ Million)
9. VHF Radio Market – Geographic Analysis
9.1 Overview
9.2 North America: VHF Radio Market
9.2.1 North America: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: VHF Radio Market, by Type
9.2.3 North America: VHF Radio Market, by Application
9.2.4 North America: VHF Radio Market, by Key Country
9.2.4.1 US: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: VHF Radio Market, by Type
9.2.4.1.2 US: VHF Radio Market, by Application
9.2.4.2 Canada: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: VHF Radio Market, by Type
9.2.4.2.2 Canada: VHF Radio Market, by Application
9.2.4.3 Mexico: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: VHF Radio Market, by Type
9.2.4.3.2 Mexico: VHF Radio Market, by Application
9.3 Europe: VHF Radio Market
9.3.1 Europe: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: VHF Radio Market, by Type
9.3.3 Europe: VHF Radio Market, by Application
9.3.4 Europe: VHF Radio Market, by Key Country
9.3.4.1 Germany: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: VHF Radio Market, by Type
9.3.4.1.2 Germany: VHF Radio Market, by Application
9.3.4.2 France: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: VHF Radio Market, by Type
9.3.4.2.2 France: VHF Radio Market, by Application
9.3.4.3 Italy: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: VHF Radio Market, by Type
9.3.4.3.2 Italy: VHF Radio Market, by Application
9.3.4.4 UK: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: VHF Radio Market, by Type
9.3.4.4.2 UK: VHF Radio Market, by Application
9.3.4.5 Russia: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: VHF Radio Market, by Type
9.3.4.5.2 Russia: VHF Radio Market, by Application
9.3.4.6 Rest of Europe: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: VHF Radio Market, by Type
9.3.4.6.2 Rest of Europe: VHF Radio Market, by Application
9.4 APAC: VHF Radio Market
9.4.1 APAC: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.4.2 APAC: VHF Radio Market, by Type
9.4.3 APAC: VHF Radio Market, by Application
9.4.4 APAC: VHF Radio Market, by Key Country
9.4.4.1 Australia: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 Australia: VHF Radio Market, by Type
9.4.4.1.2 Australia: VHF Radio Market, by Application
9.4.4.2 China: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 China: VHF Radio Market, by Type
9.4.4.2.2 China: VHF Radio Market, by Application
9.4.4.3 India: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 India: VHF Radio Market, by Type
9.4.4.3.2 India: VHF Radio Market, by Application
9.4.4.4 Japan: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 Japan: VHF Radio Market, by Type
9.4.4.4.2 Japan: VHF Radio Market, by Application
9.4.4.5 South Korea: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 South Korea: VHF Radio Market, by Type
9.4.4.5.2 South Korea: VHF Radio Market, by Application
9.4.4.6 Rest of APAC: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of APAC: VHF Radio Market, by Type
9.4.4.6.2 Rest of APAC: VHF Radio Market, by Application
9.5 MEA: VHF Radio Market
9.5.1 MEA: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.5.2 MEA: VHF Radio Market, by Type
9.5.3 MEA: VHF Radio Market, by Application
9.5.4 MEA: VHF Radio Market, by Key Country
9.5.4.1 South Africa: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: VHF Radio Market, by Type
9.5.4.1.2 South Africa: VHF Radio Market, by Application
9.5.4.2 Saudi Arabia: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: VHF Radio Market, by Type
9.5.4.2.2 Saudi Arabia: VHF Radio Market, by Application
9.5.4.3 UAE: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 UAE: VHF Radio Market, by Type
9.5.4.3.2 UAE: VHF Radio Market, by Application
9.5.4.4 Rest of MEA: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of MEA: VHF Radio Market, by Type
9.5.4.4.2 Rest of MEA: VHF Radio Market, by Application
9.6 SAM: VHF Radio Market
9.6.1 SAM: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.6.2 SAM: VHF Radio Market, by Type
9.6.3 SAM: VHF Radio Market, by Application
9.6.4 SAM: VHF Radio Market, by Key Country
9.6.4.1 Brazil: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: VHF Radio Market, by Type
9.6.4.1.2 Brazil: VHF Radio Market, by Application
9.6.4.2 Argentina: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: VHF Radio Market, by Type
9.6.4.2.2 Argentina: VHF Radio Market, by Application
9.6.4.3 Rest of SAM: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of SAM: VHF Radio Market, by Type
9.6.4.3.2 Rest of SAM: VHF Radio Market, by Application
10. VHF Radio Market- COVID-19 Impact Analysis
10.1 North America: Impact assessment of COVID-19 Pandemic
10.2 Europe: Impact assessment of COVID-19 Pandemic
10.3 Asia-Pacific: Impact assessment of COVID-19 Pandemic
10.4 Middle East and Africa: Impact assessment of COVID-19 Pandemic
10.5 South America: Impact Assessment of COVID-19 Pandemic
11. Global VHF Radio Market Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
12. Company Profiles
12.1 Jotron
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Icom Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 RAYMARINE (FLIR SYSTEMS)
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 SAILOR (SATCOM GLOBAL)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 UNIDEN AMERICA CORPORATION
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 YAESU USA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Cedar Electronics
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 JVC Kenwood Holdings Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 NAVICO
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Entel UK Limited
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. US: VHF Radio Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. US: VHF Radio Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada: VHF Radio Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico: VHF Radio Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Europe: VHF Radio Market, by Type– Revenue and Forecast to 2027 (US$ Million)
Table 11. Europe: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 12. Germany: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Germany: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 14. France: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. France: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 18. UK: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. UK: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 24. APAC: VHF Radio Market, by Type– Revenue and Forecast to 2027 (US$ Million)
Table 25. APAC: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 26. Australia: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 27. Australia: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 28. China: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 29. China: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 30. India: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 31. India: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 32. Japan: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 33. Japan: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 34. South Korea: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 35. South Korea: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of APAC: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of APAC: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 38. MEA: VHF Radio Market, by Type– Revenue and Forecast to 2027 (US$ Million)
Table 39. MEA: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 40. South Africa: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 41. South Africa: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 42. Saudi Arabia: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 43. Saudi Arabia: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 44. UAE: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 45. UAE: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 46. Rest of MEA: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 47. Rest of MEA: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 48. SAM: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 49. SAM: VHF Radio Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 50. Brazil: VHF Radio Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 51. Brazil: VHF Radio Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 52. Argentina: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 53. Argentina: VHF Radio Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of SAM: VHF Radio Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of SAM: VHF Radio Market, by Application –Revenue and Forecast to 2027 (Rest of US$ Million)
Table 56. List of Abbreviation
LIST OF FIGURES
Figure 1. VHF Radio Market Segmentation
Figure 2. VHF Radio Market Segmentation – By Geography
Figure 3. Global VHF Radio Market Overview
Figure 4. Handheld Segment is Expected to Dominate the Market by Type
Figure 5. Land segment Held Largest Market Share in 2019
Figure 6. North America Held Largest Market Share in 2019
Figure 7. North America PEST Analysis
Figure 8. Europe PEST Analysis
Figure 9. Asia Pacific – PEST Analysis
Figure 10. Middle East & Africa PEST Analysis
Figure 11. South America PEST Analysis
Figure 12. Ecosystem Analysis
Figure 13. VHF Radio Market: Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of VHF Radio Market
Figure 15. VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. VHF Radio Market Revenue Share, by Type (2019 and 2027)
Figure 17. Handheld: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Fixed-Mount: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. VHF Radio Market Breakdown, by Application (2019 and 2027)
Figure 20. Marine Market Revenue and Forecast to 2027(US$ Million)
Figure 21. Aviation Market Revenue and Forecast to 2027(US$ Million)
Figure 22. Land Market Revenue and Forecast to 2027(US$ Million)
Figure 23. Global VHF Radio Market Revenue Share, by Region (2019 and 2027)
Figure 24. North America: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. North America: VHF Radio Market Revenue Share, by Type (2019 and 2027)
Figure 26. North America: VHF Radio Market Revenue Share, by Application (2019 and 2027)
Figure 27. North America: VHF Radio Market Revenue Share, by Key Country (2019 and 2027)
Figure 28. US: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Canada: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Mexico: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Europe: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Europe: VHF Radio Market Revenue Share, by Type (2019 and 2027)
Figure 33. Europe: VHF Radio Market Revenue Share, by Application (2019 and 2027)
Figure 34. Europe: VHF Radio Market Revenue Share, by Key Country (2019 and 2027)
Figure 35. Germany: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. France: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. Italy: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. UK: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Russia: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. Rest of Europe: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. APAC: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. APAC: VHF Radio Market Revenue Share, by Type (2019 and 2027)
Figure 43. APAC: VHF Radio Market Revenue Share, by Application (2019 and 2027)
Figure 44. APAC: VHF Radio Market Revenue Share, by Key Country (2019 and 2027)
Figure 45. Australia: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. China: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. India: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Japan: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. South Korea: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Rest of APAC: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. MEA: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. MEA: VHF Radio Market Revenue Share, by Type (2019 and 2027)
Figure 53. MEA: VHF Radio Market Revenue Share, by Application (2019 and 2027)
Figure 54. MEA: VHF Radio Market Revenue Share, by Key Country (2019 and 2027)
Figure 55. South Africa: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 56. Saudi Arabia: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 57. UAE VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. Rest of MEA: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. SAM: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. SAM: VHF Radio Market Revenue Share, by Type (2019 and 2027)
Figure 61. SAM: VHF Radio Market Revenue Share, by Application (2019 and 2027)
Figure 62. SAM: VHF Radio Market Revenue Share, by Key Country (2019 and 2027)
Figure 63. Brazil: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 64. Argentina: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 65. Rest of SAM: VHF Radio Market – Revenue and Forecast to 2027 (US$ Million)
Figure 66. Impact of COVID-19 Pandemic in North American Country Markets
Figure 67. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 68. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 69. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 70. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - VHF Radio Market
- Jotron
- Icom Inc.
- RAYMARINE (FLIR SYSTEMS)
- SAILOR (SATCOM GLOBAL)
- UNIDEN AMERICA CORPORATION
- YAESU USA
- Cedar Electronics
- JVC Kenwood Holdings Inc
- NAVICO
- Entel UK Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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