Growth In Shipping And Maritime Trade Driving The Expansion Of The Market Due To Increasing Demand For Efficient Navigation And Communication Solutions: Key Factor Driving The Growth In The Marine Very High Frequency (VHF) Radio And Automatic Identificati

The Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market Size During the Forecast Period?
In recent years, the market size of marine very high frequency (VHF) radio and automatic identification system (AIS) has experienced significant growth. The market is projected to expand from $0.47 billion in 2024 to $0.50 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. The historical growth is due to increased demand for compliance with maritime safety standards, the increase in maritime activities globally, heightened consciousness of maritime safety norms, growth in worldwide shipping and maritime trade, and a growing need for efficient communication tools.

It is anticipated that the market size for marine very high frequency (VHF) radio and automatic identification system (AIS) will experience a significant increase in the coming years, reaching $0.66 billion in 2029 with a compound annual growth rate (CAGR) of 7.0%. This predicted growth during the forecast period can be traced back to the rise in the use of automatic vessel tracking systems, the expansion of the recreational boating industry, the growing propensity towards smart maritime technologies, the mounting data-reliance in maritime activities, and the increasing demand for portable VHF radios. Key trends to watch out for during this forecast period include technological innovations, application of digital technology, incorporation of artificial intelligence (AI) and machine learning (ML), advancements towards creating compact, user-friendly radios, along with the integration of 5G and satellite connectivity.

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What Are the High-Growth Segments in the Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market?
The marine very high frequency (VHF) radio and automatic identification system (AIS) market covered in this report is segmented -

1) By Product: Marine Very High Frequency (VHF) Radio, Automatic Identification System
2) By Component: Microphones And Speakers, Antennas, Displays And Screens, Transmitters And Receivers, Software Systems
3) By Application: Commercial Shipping, Recreational Boating, Fishing Vessels, Navigation And Traffic Management, Collision Avoidance, Fleet Monitoring And Tracking

Subsegments:
1) By Marine Very High Frequency (VHF) Radio: Fixed-Mount VHF Radios, Handheld VHF Radios, Digital Selective Calling (DSC) VHF Radios, Integrated GPS VHF Radios
2) By Automatic Identification System (AIS): Class A AIS Transceivers, Class B AIS Transceivers, AIS Base Stations, AIS Receivers

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What Key Drivers Are Expected to Influence Future Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market Growth?
The expansion in the shipping and marine commercial sector is projected to boost the development of the marine very high frequency (VHF) radio and automatic identification system (AIS) market. The realm of shipping and marine commerce entails worldwide transport of commodities, raw materials, and goods through sea channels using commercial ships. This phenomenon bolsters international commerce and economic progression. The escalation in this sector can be attributed to the rise in international trade and the demand for raw materials and consumer goods. The upsurge in global economies mutates into a greater need for cross-border goods transportation, generating the need for more dependable shipping services. This subsequent increase in vessel traffic accelerates the demand for marine VHF radio and AIS systems for enhanced navigational safety, improved communication, and regulatory adherence. For example, as quoted by the UN Trade and Development (UNCTAD), an intergovernmental organization based in Switzerland, the global maritime commerce expanded by 2.4% in 2023, amounting to 12.3 billion tons. Further, this sector is anticipated to see growth by 2% in 2024 and continue to uphold an average yearly growth rate of 2.4% till 2029. Hence, the upswing in shipping and marine trade activities is fueling the expansion of the marine VHF radio and AIS market.

Which Companies Hold the Largest Share Across Different Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market Segments?
Major companies operating 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.

What Trends Are Driving Growth in The Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market?
Leading companies in the marine VHF radio and AIS market are concentrating their efforts on creating superior products like the fixed-mount marine VHF radios to improve communication dependability and conform to emerging marine regulations. A fixed-mount marine VHF radio is a communication system installed on a vessel that facilitates reliable short-distance voice communication with other ships, onshore bases, and emergency services. For example, in November 2024, Icom Incorporated, a company based in the UK that focuses on radio communication equipment, launched the IC-M510 EVO, an upgraded marine VHF radio. Building on the success of its previous model, the IC-M510, the new model includes additional features like built-in NMEA 2000 connectivity, a 25W bi-directional hailer/RX hailer, and smartphone control through WLAN. The IC-M510 EVO is outfitted with a Class-D DSC to improve maritime communication and safety standards. It is suitable for leisure boats, fishing vessels, and rescue missions, boasting an IP68 rating for dust and water resistance.

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What Are the Emerging Geographies for The Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market Growth?
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 the marine very high frequency (VHF) radio and automatic identification system (AIS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market?
2. What is the CAGR expected in the Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market?
3. What Are the Key Innovations Transforming the Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Industry?
4. Which Region Is Leading the Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market?

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