The Middle East and Africa VHF Data Exchange System (VDES) Market study also analyses the market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. This market research report performs geographical analysis for the major areas such as North America, China, Europe, Southeast Asia, Japan, and India with respect to the production, price, revenue and market share for top manufacturers. Moreover, businesses can gain insights into profit growth and sustainability program with this report. The Middle East and Africa VHF Data Exchange System (VDES) Market report also includes detailed profiles of market’s major manufacturers and importers who are dominating the market.
Data Bridge Market Research analyses that the market is growing at a CAGR of 13.1% in the forecast period of 2022 to 2028 and is expected to reach USD 18,642.99 thousand by 2028. The increasing demand of smartphones and consumer electronics is boosting the growth of the market.
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- On the basis of components, the VHF data exchange system (VDES) market has been segmented into antenna, transceiver, ECDIS and others. In 2022, transceiver segment holds the highest market share in components segment and is expected to grow at the highest CAGR as cost investment for this device is higher.
- On the basis of channel frequency, the VHF data exchange system (VDES) market has been segmented into less than 25 KHz and more than 25 KHz. In 2022, channel frequency segment is dominated by less than 25 KHz segment as AIS is upgraded to VHF data exchange system (VDES) and AIS mostly uses frequencies in range of less than 25 KHz
- Israel is dominating in the Middle East Africa as the region has high adoption rate for such technologies in defense sector.
- The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
- On the basis of usage, the VHF data exchange system (VDES) market has been segmented into broadcast of maritime safety information (MSI), vessel traffic service (VTS) communication, search and rescue (SAR) communication, route exchange, ship reporting, charts publications and logistics. Usage segment is dominated by broadcast of maritime safety information (MSI) and is expected to grow at highest CAGR as VDES is widely primarily used for information about ships to onshore center.
Highlight of Table of Content:
- Chapter 1: Market overview
- Chapter 2: Middle East and Africa VHF Data Exchange System (VDES) Market analysis
- Chapter 3: Regional analysis of the Middle East and Africa VHF Data Exchange System (VDES) Market
- Chapter 4: Market segmentation based on types and applications
- Chapter 5: Revenue analysis based on types and applications
- Chapter 6: Market share
- Chapter 7: Competitive Landscape
- Chapter 8: Drivers, Restraints, Challenges, and Opportunities
- Chapter 9: Gross Margin and analysis
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The major players covered in the Europe VHF data exchange system (VDES) market report are KONGSBERG Saab, AAC Clyde Space, Alén Space, Cellnex Telecom, S.A., CML Microcircuits (a subsidiary of CML Microsystems plc), exactEarth, ORBCOMM, Rapid Mobile (Pty) Ltd and Sternula among other domestic players.
Profound Questions Answered in this Report:
- What is the growth rate of various stages in the value chain of the industry?
- Which region has the highest growth rate and size of the emerging market by value in 2022?
- Who are the competitive players in Middle East and Africa VHF Data Exchange System (VDES) Market?
- Which region has the largest share and degree of competition in the industry?
- What is the CAGR of the market during the forecast period 2022 to 2027?
- Which region is expected to hold the highest market share for the market?
- What is the main driver of the Middle East and Africa VHF Data Exchange System (VDES) Market?
- What is sales volume, revenue, and price analysis of top players of the market?
- What are the market opportunities and threats faced by the vendors in the industry?
- What has been the impact of COVID-19 on the Middle East and Africa VHF Data Exchange System (VDES) Market?
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