The Business Research Company’s report on the Marine Very High Frequency (VHF) Radio And Automatic Identification System (AIS) Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the marine very high frequency (vhf) radio and automatic identification system (ais) industry?
The growth in shipping and maritime trade is expected to propel the growth of the marine very high frequency (VHF) radio and automatic identification system (AIS) market going forward. Shipping and maritime trade refers to the global transportation of goods, raw materials, and commodities via sea routes using commercial vessels, facilitating international trade and economic growth. The growth in shipping and maritime trade is due to increasing international commerce and demand for raw materials and consumer goods. As global economies expand, there is a greater need to transport goods across international borders, driving the demand for more efficient and reliable shipping services. Growth in shipping and maritime trade increases vessel traffic, driving demand for marine VHF radio and AIS solutions to enhance safe navigation, efficient communication, and regulatory compliance. For instance, according to the UN Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization, in 2023, global maritime trade increased by 2.4%, reaching 12.3 billion tons. Further, the sector is expected to grow by 2% in 2024 and maintain an average annual growth rate of 2.4% through 2029. Therefore, the growth in shipping and maritime trade is driving the growth of the marine very high frequency (VHF) radio and automatic identification system (AIS) market.
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What is the estimated market size of the marine very high frequency (vhf) radio and automatic identification system (ais) sector by 2029, based on current forecasts?
The marine very high frequency (VHF) radio and automatic identification system (AIS) market size has grown strongly in recent years. It will grow from $0.47 billion in 2024 to $0.50 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to rising demand for maritime safety standards compliance, rising maritime activities worldwide, rising awareness of maritime safety standards, growth in global shipping and maritime trade, and increasing necessity for effective communication tools.
The marine very high frequency (VHF) radio and automatic identification system (AIS) market size is expected to see strong growth in the next few years. It will grow to $0.66 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to the increasing adoption of automated vessel tracking systems, the growing recreational boating industry, the growing trend of smart marine technologies, the increasing data-driven nature of maritime activities, and the rising demand for handheld VHF radios. Major trends in the forecast period include technological advancements, integration of digital technology, usage of artificial intelligence (AI) and machine learning (ML), development to produce compact user-friendly radios, and 5G and satellite connectivity integration.
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Who are the top players in the marine very high frequency (vhf) radio and automatic identification system (ais) market?
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 are the major trends in the marine very high frequency (vhf) radio and automatic identification system (ais) market?
Major companies operating in the marine very high frequency (VHF) radio and automatic identification system (AIS) market are focusing on developing advanced products such as fixed-mount marine VHF radios to enhance communication reliability and comply with evolving maritime regulations. A fixed-mount marine VHF radio is a vessel-installed communication system that enables reliable short-range voice contact with ships, shore stations, and emergency services. For instance, in November 2024, Icom Incorporated, a UK-based company specializing in radio communication equipment, unveiled the IC-M510 EVO, an advanced marine VHF radio. This new model builds upon the success of its predecessor, the IC-M510, by incorporating features such as built-in NMEA 2000 connectivity, a 25W two-way hailer/RX hailer, and smartphone control via WLAN. The IC-M510 EVO also includes Class-D DSC for enhanced maritime communication and safety. It is designed for pleasure boats, fishing vessels, and rescue operations, with an IP68 rating for dust and water protection.
Which geography holds the highest marine very high frequency (vhf) radio and automatic identification system (ais) market share?
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.
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How do different segments contribute to the overall expansion of 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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How is the marine very high frequency (vhf) radio and automatic identification system (ais) market defined, and what are its core characteristics?
Marine very high frequency (VHF) radio and automatic identification system (AIS) are essential maritime communication and navigation systems that enable ship-to-ship, ship-to-shore, and emergency communication, ensuring safety and regulatory compliance. Marine VHF radio is a radio communication system that operates in the very high frequency (VHF) band, typically between 156 MHz and 174 MHz. It is used for voice communication between ships, between ships and coastal stations, and distress signaling. Automatic identification systems (AIS) are tracking systems used on ships and vessels to automatically transmit and receive real-time information about their position, course, speed, and other data to avoid collisions and improve navigational safety.
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