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Global Marine VHF Radio Market is projected to exhibit a CAGR of 1.11 % between 2017 and 2022
July 26, 2018 by analyst qinwei of QYResearch
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).
Global Marine VHF Radio market is valued at 144.3 million USD in 2017 and is expected to reach 138.5 million USD by the end of 2022, growing at a CAGR of -0.82% between 2017 and 2022. Global Marine VHF Radio sales volume is valued at 634.2 Kilo Units in 2016 and is expected to reach 670.3 Kilo Units by the end of 2022, growing at a CAGR of 1.11% between 2017 and 2022.
Key vendors analysed in this market research are
Icom Inc.
Standard Horizon
Cobra
Uniden
Raymarine (FLIR Systems)
Entel Group
JVCKENWOOD
Jotron
Navico
SAILOR (Satcom Global)
Icom Inc., Standard Horizon, Cobra and Uniden are the top four market share spots in the Marine VHF Radio market in 2017. Icom Inc. dominated with 22.88% market share in 2017, followed by Standard Horizon, Cobra and Uniden.
Marine VHF Radio Market, by Region
North America
Europe
China
Japan
Rest of Asia
Rest of World
On the basis of region, Marine VHF Radio is more popular in Europe than North America. Europe is the largest market segment of Marine VHF Radio, with a consumption market share of 29.95% in 2017, followed by North America with a consumption market share nearly 29% in 2017.
Marine VHF Radio Market, by Type:
Fixed-mount
Handheld
Handheld segment covered 69.80% of the market share in 2017, and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 1.21% from 2017 to 2022.
Marine VHF Radio Market, by End User
Fishery
Transport
Leisure and Recreation
Other
Marine VHF Radio used in industry including Fishery, Transport, Leisure and Recreation, etc. Report data showed that 58.32% of the Marine VHF Radio market demand in Transport in 2017.
About Us: QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
- Posted on: 2018-07-25 23:46:48
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- Item ID: 14951396