Global VHF Radio Market Size, Share and Analysis by 2027

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.      

Strategic Insights

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