VHF Data Exchange System (VDES) Market Size, Trends, Opportunities, New Product Developments, Competitive Landscape and Forecast by 2030

Data Bridge Market Research has recently published the comprehensive business research on "Global VHF Data Exchange System (VDES) Market" includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. VHF Data Exchange System (VDES) Market research report gives critical information about the market and business landscape. It suggests how the company is perceived by the target customers and clients that are desired to reach. The report helps understand how to connect with customers, how to stack up against the competition, and how to plan next steps. It plays an important role in the process of developing products and services, bringing them to the marketplace, and marketing them to consumers. For many businesses, VHF Data Exchange System (VDES) Market report acts as a key component in developing marketing strategy by providing a fact-based foundation for estimating sales and profitability.

Data Bridge Market Research analyses that the global VHF data exchange system (VDES) market is expected to reach a value of USD 424,875.96 thousand by 2030, at a CAGR of 16.1% during the forecast period. The global VHF data exchange system (VDES) market report also covers pricing analysis, patent analysis, and technological advancements in depth.

To Gain More Insights into the Market Analysis, Browse Summary of the VHF Data Exchange System (VDES) Market Report@ https://www.databridgemarketresearch.com/reports/global-vhf-data-exchange-system-vdes-market

VHF Data Exchange System (VDES) Market Analysis:

The technological advancement in satellite technology is providing fuel for the growth of the Global VHF data exchange system (VDES) market. The international maritime organisation (IMO) VHF data exchange system is considered a revolutionary element as it is capable of transforming and digitalizing the maritime industry. Even though the current Automatic Identification System (AIS) technology is still being upgraded, it has its limitations which maritime professionals have widely echoed. As a result, various space agencies have collaborated with each other, as well as private companies, to develop such satellites to leverage the VHF band for data exchange in the marine communications industry.

Top Leading Key Players of VHF Data Exchange System (VDES) Market:

· KONGSBERG

· Saab

· AAC Clyde Space

· Alen Space

· Cellnex Telecom, S.A.

· CML Microcircuits (a subsidiary of CML Microsystems plc.)

· exactEarth

· ORBCOMM

· Rapid Mobile (Pty) Ltd

· Sternula

Recent Development

· In November 2021, AAC Clyde received an order from U.S. Aegis Aerospace for a satellite mission carried out on behalf of the U.S. Department of Defense (DoD). This mission will host research and technology demonstration payloads for the DoD Space Test Program, which will operate in Low Earth Orbit (LEO). This order will help the company will increase its presence in this domain and widen its customer base, which in turn will generate higher revenues.

· In November 2017, CML Microcircuits announced the launch of their new VHF data exchange system (VDES) module. It uses a Software Defined Radio (SDR) solution and is integrated with cutting-edge technology that has digitized the whole maritime band between 156.025 - 162.025 MHz. This has helped the company to expand its marine communication product portfolio, which has earned higher revenues for them.

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