The global market for Marine VHF Radio was estimated to be worth US$ 129 million in 2024 and is forecast to a readjusted size of US$ 167 million by 2031 with a CAGR of 4.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Marine VHF Radio cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Marine VHF radio refers to the radio frequency range between 156.0 and 174 MHz, inclusive. The "VHF" signifies the very high frequency of the range. In the official language of the International Telecommunication Union the band is called the VHF maritime mobile band. In some countries additional channels are used, such as the L and F channels for leisure and fishing vessels in the Nordic countries (at 155.5-155.825 MHz).
The primary driver of the marine VHF radio market stems from the continuous growth of the global shipping industry and the tightening of maritime safety regulations. The International Maritime Organization (IMO) mandates vessels to be equipped with Digital Selective Calling (DSC)-enabled VHF radios to ensure reliable distress communications, directly fueling the replacement and upgrading of existing equipment. Additionally, the expansion of maritime trade, increased fishing activities, and the booming recreational boating industry have further amplified the demand for VHF radios. Emerging economies' investments in port infrastructure and the modernization of outdated communication systems on older vessels also contribute to market growth. Meanwhile, technological advancements, such as AIS integration and low-power designs, have reduced costs, making VHF radios more accessible to small and medium-sized vessels.
Market trends are moving toward greater integration and smarter functionalities. On one hand, VHF radios are increasingly being combined with satellite communications and radar navigation systems to form comprehensive maritime communication solutions, such as multifunctional terminals supporting the NMEA 2000 protocol. On the other hand, digital technologies like Software-Defined Radio (SDR) and dPMR standards are gradually replacing traditional analog signals, improving spectrum efficiency and anti-interference capabilities. Regional market dynamics are also diverging: European and American high-end brands dominate premium devices, while Asian manufacturers leverage cost-performance advantages to capture the fishing and coastal vessel segments. Looking ahead, with the rise of e-navigation and autonomous ships, VHF radios may evolve into key nodes in the maritime Internet of Things (IoT), though challenges such as spectrum allocation and global standardization remain to be addressed.
This report aims to provide a comprehensive presentation of the global market for Marine VHF Radio, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Marine VHF Radio by region & country, by Type, and by End User.
The Marine VHF Radio market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine VHF Radio.
Market Segmentation
By Company
- Icom Inc.
- Standard Horizon (Yaesu)
- Cobra Electronics Corporation (Monomoy Capital Partners )
- Uniden
- Raymarine (FLIR Systems)
- Entel Group
- JVCKENWOOD
- Jotron
- Navico (Brunswick)
- SAILOR (Satcom Global)
- Furuno
- Fujian Feitong Communication Technology
- Recent
Segment by Type
Segment by End User
- Fishery
- Transport
- Leisure and Recreation
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Marine VHF Radio manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by End User, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Marine VHF Radio in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Marine VHF Radio in country level. It provides sigmate data by Type, and by End User for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Marine VHF Radio Product Introduction
- 1.2 Global Marine VHF Radio Market Size Forecast
- 1.2.1 Global Marine VHF Radio Sales Value (2020-2031)
- 1.2.2 Global Marine VHF Radio Sales Volume (2020-2031)
- 1.2.3 Global Marine VHF Radio Sales Price (2020-2031)
- 1.3 Marine VHF Radio Market Trends & Drivers
- 1.3.1 Marine VHF Radio Industry Trends
- 1.3.2 Marine VHF Radio Market Drivers & Opportunity
- 1.3.3 Marine VHF Radio Market Challenges
- 1.3.4 Marine VHF Radio Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Marine VHF Radio Players Revenue Ranking (2024)
- 2.2 Global Marine VHF Radio Revenue by Company (2020-2025)
- 2.3 Global Marine VHF Radio Players Sales Volume Ranking (2024)
- 2.4 Global Marine VHF Radio Sales Volume by Company Players (2020-2025)
- 2.5 Global Marine VHF Radio Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Marine VHF Radio Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Marine VHF Radio Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Marine VHF Radio
- 2.9 Marine VHF Radio Market Competitive Analysis
- 2.9.1 Marine VHF Radio Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Marine VHF Radio Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Marine VHF Radio as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Fixed-Mount
- 3.1.2 Handheld
- 3.2 Global Marine VHF Radio Sales Value by Type
- 3.2.1 Global Marine VHF Radio Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Marine VHF Radio Sales Value, by Type (2020-2031)
- 3.2.3 Global Marine VHF Radio Sales Value, by Type (%) (2020-2031)
- 3.3 Global Marine VHF Radio Sales Volume by Type
- 3.3.1 Global Marine VHF Radio Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Marine VHF Radio Sales Volume, by Type (2020-2031)
- 3.3.3 Global Marine VHF Radio Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Marine VHF Radio Average Price by Type (2020-2031)
4 Segmentation by End User
- 4.1 Introduction by End User
- 4.1.1 Fishery
- 4.1.2 Transport
- 4.1.3 Leisure and Recreation
- 4.1.4 Others
- 4.2 Global Marine VHF Radio Sales Value by End User
- 4.2.1 Global Marine VHF Radio Sales Value by End User (2020 VS 2024 VS 2031)
- 4.2.2 Global Marine VHF Radio Sales Value, by End User (2020-2031)
- 4.2.3 Global Marine VHF Radio Sales Value, by End User (%) (2020-2031)
- 4.3 Global Marine VHF Radio Sales Volume by End User
- 4.3.1 Global Marine VHF Radio Sales Volume by End User (2020 VS 2024 VS 2031)
- 4.3.2 Global Marine VHF Radio Sales Volume, by End User (2020-2031)
- 4.3.3 Global Marine VHF Radio Sales Volume, by End User (%) (2020-2031)
- 4.4 Global Marine VHF Radio Average Price by End User (2020-2031)
5 Segmentation by Region
- 5.1 Global Marine VHF Radio Sales Value by Region
- 5.1.1 Global Marine VHF Radio Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Marine VHF Radio Sales Value by Region (2020-2025)
- 5.1.3 Global Marine VHF Radio Sales Value by Region (2026-2031)
- 5.1.4 Global Marine VHF Radio Sales Value by Region (%), (2020-2031)
- 5.2 Global Marine VHF Radio Sales Volume by Region
- 5.2.1 Global Marine VHF Radio Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Marine VHF Radio Sales Volume by Region (2020-2025)
- 5.2.3 Global Marine VHF Radio Sales Volume by Region (2026-2031)
- 5.2.4 Global Marine VHF Radio Sales Volume by Region (%), (2020-2031)
- 5.3 Global Marine VHF Radio Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Marine VHF Radio Sales Value, 2020-2031
- 5.4.2 North America Marine VHF Radio Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Marine VHF Radio Sales Value, 2020-2031
- 5.5.2 Europe Marine VHF Radio Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Marine VHF Radio Sales Value, 2020-2031
- 5.6.2 Asia Pacific Marine VHF Radio Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Marine VHF Radio Sales Value, 2020-2031
- 5.7.2 South America Marine VHF Radio Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Marine VHF Radio Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Marine VHF Radio Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Marine VHF Radio Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Marine VHF Radio Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Marine VHF Radio Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Marine VHF Radio Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Marine VHF Radio Sales Value, 2020-2031
- 6.3.2 United States Marine VHF Radio Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Marine VHF Radio Sales Value by End User, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Marine VHF Radio Sales Value, 2020-2031
- 6.4.2 Europe Marine VHF Radio Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Marine VHF Radio Sales Value by End User, 2024 VS 2031
- 6.5 China
- 6.5.1 China Marine VHF Radio Sales Value, 2020-2031
- 6.5.2 China Marine VHF Radio Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Marine VHF Radio Sales Value by End User, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Marine VHF Radio Sales Value, 2020-2031
- 6.6.2 Japan Marine VHF Radio Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Marine VHF Radio Sales Value by End User, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Marine VHF Radio Sales Value, 2020-2031
- 6.7.2 South Korea Marine VHF Radio Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Marine VHF Radio Sales Value by End User, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Marine VHF Radio Sales Value, 2020-2031
- 6.8.2 Southeast Asia Marine VHF Radio Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Marine VHF Radio Sales Value by End User, 2024 VS 2031
- 6.9 India
- 6.9.1 India Marine VHF Radio Sales Value, 2020-2031
- 6.9.2 India Marine VHF Radio Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Marine VHF Radio Sales Value by End User, 2024 VS 2031
7 Company Profiles
- 7.1 Icom Inc.
- 7.1.1 Icom Inc. Company Information
- 7.1.2 Icom Inc. Introduction and Business Overview
- 7.1.3 Icom Inc. Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Icom Inc. Marine VHF Radio Product Offerings
- 7.1.5 Icom Inc. Recent Development
- 7.2 Standard Horizon (Yaesu)
- 7.2.1 Standard Horizon (Yaesu) Company Information
- 7.2.2 Standard Horizon (Yaesu) Introduction and Business Overview
- 7.2.3 Standard Horizon (Yaesu) Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Standard Horizon (Yaesu) Marine VHF Radio Product Offerings
- 7.2.5 Standard Horizon (Yaesu) Recent Development
- 7.3 Cobra Electronics Corporation (Monomoy Capital Partners )
- 7.3.1 Cobra Electronics Corporation (Monomoy Capital Partners ) Company Information
- 7.3.2 Cobra Electronics Corporation (Monomoy Capital Partners ) Introduction and Business Overview
- 7.3.3 Cobra Electronics Corporation (Monomoy Capital Partners ) Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Cobra Electronics Corporation (Monomoy Capital Partners ) Marine VHF Radio Product Offerings
- 7.3.5 Cobra Electronics Corporation (Monomoy Capital Partners ) Recent Development
- 7.4 Uniden
- 7.4.1 Uniden Company Information
- 7.4.2 Uniden Introduction and Business Overview
- 7.4.3 Uniden Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Uniden Marine VHF Radio Product Offerings
- 7.4.5 Uniden Recent Development
- 7.5 Raymarine (FLIR Systems)
- 7.5.1 Raymarine (FLIR Systems) Company Information
- 7.5.2 Raymarine (FLIR Systems) Introduction and Business Overview
- 7.5.3 Raymarine (FLIR Systems) Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Raymarine (FLIR Systems) Marine VHF Radio Product Offerings
- 7.5.5 Raymarine (FLIR Systems) Recent Development
- 7.6 Entel Group
- 7.6.1 Entel Group Company Information
- 7.6.2 Entel Group Introduction and Business Overview
- 7.6.3 Entel Group Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Entel Group Marine VHF Radio Product Offerings
- 7.6.5 Entel Group Recent Development
- 7.7 JVCKENWOOD
- 7.7.1 JVCKENWOOD Company Information
- 7.7.2 JVCKENWOOD Introduction and Business Overview
- 7.7.3 JVCKENWOOD Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 JVCKENWOOD Marine VHF Radio Product Offerings
- 7.7.5 JVCKENWOOD Recent Development
- 7.8 Jotron
- 7.8.1 Jotron Company Information
- 7.8.2 Jotron Introduction and Business Overview
- 7.8.3 Jotron Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Jotron Marine VHF Radio Product Offerings
- 7.8.5 Jotron Recent Development
- 7.9 Navico (Brunswick)
- 7.9.1 Navico (Brunswick) Company Information
- 7.9.2 Navico (Brunswick) Introduction and Business Overview
- 7.9.3 Navico (Brunswick) Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Navico (Brunswick) Marine VHF Radio Product Offerings
- 7.9.5 Navico (Brunswick) Recent Development
- 7.10 SAILOR (Satcom Global)
- 7.10.1 SAILOR (Satcom Global) Company Information
- 7.10.2 SAILOR (Satcom Global) Introduction and Business Overview
- 7.10.3 SAILOR (Satcom Global) Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 SAILOR (Satcom Global) Marine VHF Radio Product Offerings
- 7.10.5 SAILOR (Satcom Global) Recent Development
- 7.11 Furuno
- 7.11.1 Furuno Company Information
- 7.11.2 Furuno Introduction and Business Overview
- 7.11.3 Furuno Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Furuno Marine VHF Radio Product Offerings
- 7.11.5 Furuno Recent Development
- 7.12 Fujian Feitong Communication Technology
- 7.12.1 Fujian Feitong Communication Technology Company Information
- 7.12.2 Fujian Feitong Communication Technology Introduction and Business Overview
- 7.12.3 Fujian Feitong Communication Technology Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Fujian Feitong Communication Technology Marine VHF Radio Product Offerings
- 7.12.5 Fujian Feitong Communication Technology Recent Development
- 7.13 Recent
- 7.13.1 Recent Company Information
- 7.13.2 Recent Introduction and Business Overview
- 7.13.3 Recent Marine VHF Radio Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Recent Marine VHF Radio Product Offerings
- 7.13.5 Recent Recent Development
8 Industry Chain Analysis
- 8.1 Marine VHF Radio Industrial Chain
- 8.2 Marine VHF Radio Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Marine VHF Radio Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Marine VHF Radio Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer