Global VHF Transceivers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global VHF Transceivers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A very high frequency (VHF) transceiver is a device consisting of a transmitter and a receiver. VHF transceivers are an essential part of marine mobile radio services, VHF transceivers allow people on board ships to communicate instantly with those on other ships, docks, bridges, and the Coast Guard.

Market Overview:

The latest research study on the global VHF Transceivers market finds that the global VHF Transceivers market reached a value of USD 309.84 million in 2022. It’s expected that the market will achieve USD 407.42 million by 2028, exhibiting a CAGR of 4.67% during the forecast period.

Impact of COVID-19

During the outbreak of COVID-19, governments of various countries have taken measures to curb the spread of the disease, restrict the movement of people, and strengthen control measures such as cross-border logistics. The supply chain of the VHF transceiver industry is affected. On the one hand, the procurement of raw materials in the VHF transceiver industry is hindered, and enterprises may face a shortage of raw material supply. On the other hand, under the influence of supply chain disruption, enterprises may not be able to transport goods in time.
In addition, many jobs are at risk due to the sharp drop in passenger air transport demand (and, to a lesser extent, cargo) due to the COVID-19 pandemic and containment measures, threatening the viability of many companies in the air transport sector and the rest of the aviation industry. Changes in passenger behavior in the wake of the COVID-19 crisis, travel restrictions and ensuing economic crisis have led to a sharp drop in demand for air services. This also affects industries that support air transport activities, including the VHF transceiver industry for civil aviation.

VHF Transceivers are important equipment at sea

Very High Frequency (VHF) radios have been around for many years and are still the main way ships communicate. On the one hand, marine VHF Transceivers can carry out radio communication between ships, inside ships, between ships and shores, or between ships and land users via shore stations and land communication transfers. It is widely used in ship avoidance, maritime management, port production scheduling, ship internal management, distress search and rescue, and safety information broadcasting. It is the main means of completing on-site communication in water traffic. VHF communicates through language information. Within a certain range, the transmission quality of this communication tool is very high, and the signal strength is good. As long as the ship is equipped with VHF equipment, the driver can obtain the information of other ships in time, and make a navigation avoidance plan through the communication between the two parties.
On the other hand, with the increasing frequency of human maritime activities, the role of maritime emergency communication support in marine activities has become increasingly apparent. Marine VHF Transceivers are useful in sending distress signals to the Coast Guard and other ships around the channel; VHF Transceivers play an important role in ensuring the safety of ship navigation.
Hence, offshore activities have a high demand for VHF Transceivers which is driving the industry.

VHF transceivers are in high demand in aviation

With the continuous development of economy and science and technology, civil aviation has become one of the important means of transportation and tourism. The addition of numerous aircraft also makes air traffic accidents occur from time to time. In order to prevent and control this situation in a timely manner, all countries are actively building relevant countermeasures, and VHF communication is used more and more frequently. The main function of VHF communication is to establish the link between the air and ground command systems, and to achieve good and timely communication by virtue of the communication bridge it builds.
VHF Transceivers became an essential tool for aviation communications. VHF Transceivers provide pilots with a fast and reliable way to communicate with air traffic control, other aircraft and other operators. In most parts of the world, VHF radios are used for air traffic control (ATC) communications. These radios operate between 30 and 300 MHz and are used for all aircraft communications within a given airspace, including ATC clearances and flight instructions.
Overall, civil aviation has a large demand for VHF Transceivers, which is driving the development of the VHF Transceivers industry.

Region Overview:

In 2022, the share of the VHF Transceivers market in North America stood at 28.15%.

Company Overview:

Icom is one of the major players operating in the VHF Transceivers market, holding a share of 11.75% in 2023.

Icom America Inc. is part of Icom Incorporated. Icom Inc. was founded in Osaka, Japan by Tokuzo Inoue in 1954 and is a Japanese listed company. Icom Inc. is based on the design, engineering and manufacture of highly advanced compact solid-state radios for the amateur radio industry. The company's product line has expanded to include communications equipment and products based on the marine, aviation, land mobile and broadband receiver industries.

Rohde & Schwarz is one of the world's leading manufacturers of test and measurement, secure communications, surveillance and network test, and broadcast equipment. Founded more than 80 years ago, the independent company has subsidiaries and representatives in more than 70 countries and an extensive sales and service network.

Collins Aerospace is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industries. The company provides electronics, displays, flight controls, interior products and information management systems, among others.

Segmentation Overview:

By type, Frequency Range:100-200MHZ segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Civil Aviation, with a market share of 41.23% in 2022.

Key Companies in the global VHF Transceivers market covered in Chapter 3:

Trig Avionics
Leonardo
Icom
Morcom International
Collins Aerospace
Yaesu Musen
Ritron Wireless Solutions
Rohde & Schwarz
Technisonic Communications
Commtact
Gables Engineering
TQ-Systems GmbH
Becker Avionics
TELERAD
Park Air Systems
Jotron
Invelco

In Chapter 4 and Chapter 14.2, on the basis of types, the VHF Transceivers market from 2018 to 2029 is primarily split into:

Frequency Range:30-100MHZ
Frequency Range:100-200MHZ
Frequency Range:200-300MHZ

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the VHF Transceivers market from 2018 to 2029 covers:

Civil Aviation
Maritime
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)