Marine Radio Global Market Report 2024

Marine Radio Global Market Report 2024 – By Type (Fixed Mount, Handheld), By Frequency Band Range (Low-Band VHF (49-108 MHz), High-Band VHF (169-216 MHz), Low-Band UHF (450-806 MHz), High-Band UHF (900-952 MHz)), By Modulation Technique (Amplitude Modulation (AM), Frequency Modulation (PF), Phase Modulation (PM), Spread Spectrum Modulation), By Application (Fishery, Transport, Leisure And Recreation, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Marine Radio Global Market Report 2024
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Marine Radio Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Marine Radio Market Definition

A marine radio is a communication device designed explicitly for watercraft, boats, ships, and other maritime vessels for ship-to-ship and ship-to-shore communication, distress signaling, and emergency response coordination. These radios are essential tools for communication and safety at sea, allowing sailors, captains, and maritime authorities to communicate with each other, nearby vessels, and shore-based stations.

The main types of marine radios are fixed-mount and handheld. Fixed-mount marine radios are permanently placed aboard boats and ships, usually located in a fixed area such as the control panel or dashboard. It generates a frequency band range of low-band vhf (49–108 mhz), high-band vhf (169–216 mhz), low-band uhf (450–806 mhz), and high-band uhf (900–952 mhz) and modulation techniques such as amplitude modulation (AM), frequency modulation (PF), phase modulation (PM) and spread spectrum modulation, as well as being used in various applications such as fishery, transport, leisure and recreation, and others.

Marine Radio Market Segmentation

The marine radio market covered in this report is segmented –

1) By Type: Fixed Mount, Handheld

2) By Frequency Band Range: Low-Band VHF (49-108 MHz), High-Band VHF (169-216 MHz), Low-Band UHF (450-806 MHz), High-Band UHF (900-952 MHz)

3) By Modulation Technique: Amplitude Modulation (AM), Frequency Modulation (PF), Phase Modulation (PM), Spread Spectrum Modulation

4) By Application: Fishery, Transport, Leisure And Recreation, Other Applications

Global Marine Radio Market Size 2023 to 2028: Graph

Marine Radio Market Size 2024 And Growth Rate

The marine radio market size has grown strongly in recent years. It will grow from $1.70 billion in 2023 to $1.85 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to regulatory compliance, increasing search and rescue support, enhancing situational awareness with AIS, radar, and GPS integration, facilitating rapid response to distress calls and coordinating rescue operations, increasing use of DSC technology.

Marine Radio Market Growth Forecast

The marine radio market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing procurement of advanced naval vessels, increasing demand for accurate and reliable communication, increasing demand as the maritime industry, rising demand for compact and lightweight radio equipment, increasing popularity of recreational boating and water sports. Major trends in the forecast period include adoption of advanced technology in marine communication systems, development of advanced marine radios, advancements offer improved safety, efficiency, and communication reliability, integration of digital selective calling (DSC), adoption of signal processing techniques.

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Marine Radio Market Driver: Marine Radio Market Poised For Growth Amid Rising Maritime Transportation Demand

The increasing maritime transportation is expected to propel the growth of the marine radio market going forward. Maritime transportation refers to moving goods, people, or services via waterways, such as oceans, seas, rivers, or canals. This maritime transportation is increasing due to global trade expansion, urbanization, economic development, the rise of e-commerce, environmental regulations, and sustainability. Marine radios are used as indispensable tools for ensuring safety, navigation, and communication in maritime transportation, helping to prevent accidents, facilitate efficient operations, and save lives in emergencies. Maritime transportation relies significantly on marine radios for communication, navigation, safety, and operational efficiency, fueling the demand for marine radio equipment and technologies. For instance, in July 2024, according to reports shared by GOV.UK, a UK-based public sector information website, in 2022, a total of 458.9 million metric tons of cargo were handled at all UK ports, a 3% increase from 2021. Therefore, increasing maritime transportation is driving the growth of the marine radio market.

Global Marine Radio Market Major Players

Major companies operating in the marine radio market are Raytheon Technologies Corporation, Thales Group, SEA COM Corp., Garmin Ltd., Entel Group, JVC Kenwood Holdings Inc., Cobham plc, Kongsberg Maritime AS, Teledyne FLIR LLC, Furuno Electric Co. Ltd., Navico Group, Icom Inc., Uniden America Corporation, Cobra Electronics Corporation, Jotron AS, SRT Marine Systems plc, Samyung ENC Co. Ltd., Raymarine, Standard Horizon, Ocean Signal Ltd., SAILOR, Danelec Marine A/S, 2CL Communications Ltd., Japan Marine Engineering, Fujian Fujitsu Communication Software Co. Ltd., McMurdo Group (A division of Orolia), Weatherdock AG, Comrod Communication AS, Lars Thrane A/S, Radio Holland

Global Marine Radio Market Trend: Advancements In Marine Communication Introducing The IP-M60 Marine VHF/LTE Hybrid Radio

Major companies operating in the marine radio market are developing innovative solutions such as IP-M60 Marine VHF/LTE Hybrid Radio to facilitate communication between vessels at sea. IP-M60 Marine VHF/LTE Hybrid Radio is a versatile communication device tailored for maritime use, providing both traditional VHF radio communication and modern LTE connectivity in a single unit. For instance, in September 2021, Icom Inc., a Japan-based company that manufactures radio transmitting and receiving equipment, launched the groundbreaking IP-M60 Marine VHF/LTE Hybrid Radio. This innovative device combines the capabilities of an LTE radio with the reliability of a marine VHF radio in a single handheld unit. Its features include LTE network connectivity for long-range communication, independent PTT buttons for Marine VHF and LTE, simultaneous reception and transmission on both networks, a bridge mode function for relaying critical information, Bluetooth technology for wireless operation, and an IP67 waterproof rating. These features collectively make this solution suitable for various maritime operations, providing a vital lifeline for those at sea and improving safety and efficiency in the marine industry.

Marine Radio Market Merger And Acquisition:

Garmin Strengthens Marine Portfolio With Acquisition Of Vesper Marine Ltd.

In January 2022, Garmin Ltd., a US-based technology company, acquired Vesper Marine Ltd. for an undisclosed amount. Through this acquisition, Gramin aimed to become a leader in marine technology, giving boaters a single source for navigation, communication, and safety equipment. It also aimed to enhance its marine product portfolio and technology offerings, providing boaters with improved peace of mind and situational awareness. Vesper Marine Ltd. is a New Zealand-based company that manufactures marine asset protection and collision avoidance technology intended to offer marine safety products, including marine radios.

Regional Outlook For The Global Marine Radio Market

North America was the largest region in the marine radio market in 2023. The regions covered in the marine radio market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the marine radio market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The marine radio market consists of sales of marine VHF radios, marine GPS systems, single-sideband (SSB) radios, digital selective calling (DSC) radios, handheld marine radios, marine radio antennas, and marine autopilots. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The marine radio market research report is one of a series of new reports from The Business Research Company that provides marine radio market statistics, including marine radio industry global market size, regional shares, competitors with a marine radio market share, detailed marine radio market segments, market trends and opportunities, and any further data you may need to thrive in the marine radio industry. This marine radio market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Marine Radio Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$1.85 billion
Revenue Forecast In 2033	$2.64 billion
Growth Rate	CAGR of 9.4% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Fixed Mount, Handheld 2) By Frequency Band Range: Low-Band VHF (49-108 MHz), High-Band VHF (169-216 MHz), Low-Band UHF (450-806 MHz), High-Band UHF (900-952 MHz) 3) By Modulation Technique: Amplitude Modulation (AM), Frequency Modulation (PF), Phase Modulation (PM), Spread Spectrum Modulation 4) By Application: Fishery, Transport, Leisure And Recreation, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Raytheon Technologies Corporation; Thales Group; SEA COM Corp; Garmin Ltd; Entel Group; JVC Kenwood Holdings Inc; Cobham plc; Kongsberg Maritime AS; Teledyne FLIR LLC; Furuno Electric Co. Ltd; Navico Group; Icom Inc; Uniden America Corporation; Cobra Electronics Corporation; Jotron AS; SRT Marine Systems plc; Samyung ENC Co. Ltd; Raymarine; Standard Horizon; Ocean Signal Ltd; SAILOR; Danelec Marine A/S; 2CL Communications Ltd; Japan Marine Engineering; Fujian Fujitsu Communication Software Co. Ltd; McMurdo Group (A division of Orolia); Weatherdock AG; Comrod Communication AS; Lars Thrane A/S; Radio Holland
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Marine Radio Market Characteristics

3. Marine Radio Market Trends And Strategies

4. Marine Radio Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Marine Radio Market Size and Growth

5.1. Global Marine Radio Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Marine Radio Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Marine Radio Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Marine Radio Market Segmentation

6.1. Global Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Fixed Mount

Handheld

6.2. Global Marine Radio Market, Segmentation By Frequency Band Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Low-Band VHF (49-108 MHz)

High-Band VHF (169-216 MHz)

Low-Band UHF (450-806 MHz)

High-Band UHF (900-952 MHz)

6.3. Global Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Amplitude Modulation (AM)

Frequency Modulation (PF)

Phase Modulation (PM)

Spread Spectrum Modulation

6.4. Global Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Fishery

Transport

Leisure And Recreation

Other Applications

7. Marine Radio Market Regional And Country Analysis

7.1. Global Marine Radio Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Marine Radio Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Marine Radio Market

8.1. Asia-Pacific Marine Radio Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Marine Radio Market

9.1. China Marine Radio Market Overview

9.2. China Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Marine Radio Market

10.1. India Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Marine Radio Market

11.1. Japan Marine Radio Market Overview

11.2. Japan Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Marine Radio Market

12.1. Australia Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Marine Radio Market

13.1. Indonesia Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Marine Radio Market

14.1. South Korea Marine Radio Market Overview

14.2. South Korea Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Marine Radio Market

15.1. Western Europe Marine Radio Market Overview

15.2. Western Europe Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Marine Radio Market

16.1. UK Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Marine Radio Market

17.1. Germany Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Marine Radio Market

18.1. France Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Marine Radio Market

19.1. Italy Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Marine Radio Market

20.1. Spain Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Marine Radio Market

21.1. Eastern Europe Marine Radio Market Overview

21.2. Eastern Europe Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Marine Radio Market

22.1. Russia Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Marine Radio Market

23.1. North America Marine Radio Market Overview

23.2. North America Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Marine Radio Market

24.1. USA Marine Radio Market Overview

24.2. USA Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Marine Radio Market

25.1. Canada Marine Radio Market Overview

25.2. Canada Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Marine Radio Market

26.1. South America Marine Radio Market Overview

26.2. South America Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Marine Radio Market

27.1. Brazil Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Marine Radio Market

28.1. Middle East Marine Radio Market Overview

28.2. Middle East Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Marine Radio Market

29.1. Africa Marine Radio Market Overview

29.2. Africa Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Marine Radio Market Competitive Landscape And Company Profiles

30.1. Marine Radio Market Competitive Landscape

30.2. Marine Radio Market Company Profiles

30.2.1. Raytheon Technologies Corporation

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Thales Group

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. SEA COM Corp.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Garmin Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Entel Group

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Marine Radio Market Other Major And Innovative Companies

31.1. JVC Kenwood Holdings Inc.

31.2. Cobham plc

31.3. Kongsberg Maritime AS

31.4. Teledyne FLIR LLC

31.5. Furuno Electric Co. Ltd.

31.6. Navico Group

31.7. Icom Inc.

31.8. Uniden America Corporation

31.9. Cobra Electronics Corporation

31.10. Jotron AS

31.11. SRT Marine Systems plc

31.12. Samyung ENC Co. Ltd.

31.13. Raymarine

31.14. Standard Horizon

31.15. Ocean Signal Ltd.

32. Global Marine Radio Market Competitive Benchmarking

33. Global Marine Radio Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Marine Radio Market

35. Marine Radio Market Future Outlook and Potential Analysis

35.1 Marine Radio Market In 2028 - Countries Offering Most New Opportunities

35.2 Marine Radio Market In 2028 - Segments Offering Most New Opportunities

35.3 Marine Radio Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Marine Radio Market, Segmentation By Frequency Band Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Marine Radio Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Marine Radio Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Raytheon Technologies Corporation Financial Performance

Table 76: Thales Group Financial Performance

Table 77: SEA COM Corp. Financial Performance

Table 78: Garmin Ltd. Financial Performance

Table 79: Entel Group Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Marine Radio Market, Segmentation By Frequency Band Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Marine Radio Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Marine Radio Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Marine Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Marine Radio Market, Segmentation By Modulation Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Marine Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Raytheon Technologies Corporation Financial Performance

Figure 76: Thales Group Financial Performance

Figure 77: SEA COM Corp. Financial Performance

Figure 78: Garmin Ltd. Financial Performance

Figure 79: Entel Group Financial Performance

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Frequently Asked Questions

What is the definition of the marine radio market?

How will the marine radio market drivers and restraints affect the marine radio market dynamics? What forces will shape the marine radio industry going forward?

The marine radio market major growth driver - Marine Radio Market Poised For Growth Amid Rising Maritime Transportation Demand. For further insights on the marine radio market, request a sample here

What is the forecast market size or the forecast market value of the marine radio market?

The marine radio market size has grown strongly in recent years. It will grow from $1.70 billion in 2023 to $1.85 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to regulatory compliance, increasing search and rescue support, enhancing situational awareness with AIS, radar, and GPS integration, facilitating rapid response to distress calls and coordinating rescue operations, increasing use of DSC technology. The marine radio market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing procurement of advanced naval vessels, increasing demand for accurate and reliable communication, increasing demand as the maritime industry, rising demand for compact and lightweight radio equipment, increasing popularity of recreational boating and water sports. Major trends in the forecast period include adoption of advanced technology in marine communication systems, development of advanced marine radios, advancements offer improved safety, efficiency, and communication reliability, integration of digital selective calling (DSC), adoption of signal processing techniques. For further insights on the marine radio market, request a sample here

How is the marine radio market segmented?

The marine radio market is segmented
1) By Type: Fixed Mount, Handheld
2) By Frequency Band Range: Low-Band VHF (49-108 MHz), High-Band VHF (169-216 MHz), Low-Band UHF (450-806 MHz), High-Band UHF (900-952 MHz)
3) By Modulation Technique: Amplitude Modulation (AM), Frequency Modulation (PF), Phase Modulation (PM), Spread Spectrum Modulation
4) By Application: Fishery, Transport, Leisure And Recreation, Other ApplicationsFor further insights on the marine radio market, request a sample here

Which region has the largest share of the marine radio market? What are the other regions covered in the report?

North America was the largest region in the marine radio market in 2023. The regions covered in the marine radio market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the marine radio market, request a sample here.

Who are the major players in the marine radio market?

What are the key trends in the marine radio market?

Major trend in the marine radio market - Advancements In Marine Communication Introducing The IP-M60 Marine VHF/LTE Hybrid Radio. For further insights on the marine radio market, request a sample here.

What are the major opportunities in the marine radio market? What are the strategies for the marine radio market?

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How does the marine radio market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the marine radio industry?

For detailed insights on the mergers and acquisitions in the marine radio industry, request a sample here.

What are the key dynamics influencing the marine radio market growth? SWOT analysis of the marine radio market.

For detailed insights on the key dynamics influencing the marine radio market growth and SWOT analysis of the marine radio industry, request a sample here.