South Korea VHF Data Exchange System (VDES) Market to 2032
Overview
The South Korea VHF Data Exchange System (VDES) Market is expected to reach a 16.97 USD Million by 2032 and is projected to grow at a CAGR of 22.77% from 2025 to 2032.
Revenue, 2024 (USD Million)
5.32
Forecast, 2032 (USD Million)
16.97
CAGR, 2024 - 2032
22.77%
Report Coverage
South Korea
South Korea VHF Data Exchange System (VDES) Market 2018-2032 USD Million
South Korea VHF Data Exchange System (VDES) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 5.32 USD Million
- Projected Market Size (2032): 16.97 USD Million
- CAGR (2025-2032): 22.77%
Key Findings of South Korea VHF Data Exchange System (VDES) Market
- The South Korea VHF Data Exchange System (VDES) Market was valued at 5.32 USD Million in 2024.
- The South Korea VHF Data Exchange System (VDES) Market is likely to grow at a CAGR of 22.77% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Ships in End-User Segment accounted for the largest share of the market with a revenue of 5.32 USD Million
- The fastest growing segment Maritime Safety Information (MSI) in Usage Type Segment grew Fastest with a CAGR of 24.36% during the forecast period from 2024 to 2032.
South Korea VHF Data Exchange System (VDES) Market Scope
South Korea VHF Data Exchange System (VDES) Market Segmentation & Scope
Components
- Others
- ECDIS
- Antenna
- Transceiver
End-User
- Ships
- Shore
- Satellites
Communication System
- Ship to Ship
- Ship to Satellite
- Satellite to Ship
- Shore to Ship
- Ship to Shore
Usage Type
- Logistics
- Logistics
- Charts & Publications
- Charts & Publications
- Ship Reporting
- Ship Reporting
- Route Exchange
- Route Exchange
- Search and Rescue (SAR) Communication
- Search and Rescue (SAR) Communication
- Vessel Traffic Service (VTS) Communication
- Vessel Traffic Service (VTS) Communication
- Maritime Safety Information (MSI)
- Maritime Safety Information (MSI)
South Korea VHF Data Exchange System (VDES) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 5.32 USD Million |
| Market Value in 2032 | 16.97 USD Million |
| CAGR (2025-2032) | 22.77% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Components,End-User,Communication System,Usage Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 5.32 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 5.32 USD Million in 2024.
Segments and Scope
-
South Korea VHF Data Exchange System (VDES) Market to 2032, By Components
- Transceiver is the largest segment in South Korea VHF Data Exchange System (VDES) Market to 2032 with a revenue of 2.32 USD Million in the year 2024.
- Transceiver is the Fastest growing segment in South Korea VHF Data Exchange System (VDES) Market to 2032 with a Growth rate of 23.78 % in forecast period 2025-2032.
-
South Korea VHF Data Exchange System (VDES) Market to 2032, By End-User
- Ships is the largest segment in South Korea VHF Data Exchange System (VDES) Market to 2032 with a revenue of 5.32 USD Million in the year 2024.
- Ships is the Fastest growing segment in South Korea VHF Data Exchange System (VDES) Market to 2032 with a Growth rate of 22.77 % in forecast period 2025-2032.
-
South Korea VHF Data Exchange System (VDES) Market to 2032, By Communication System
- Ship to Shore is the largest segment in South Korea VHF Data Exchange System (VDES) Market to 2032 with a revenue of 1.93 USD Million in the year 2024.
- Ship to Shore is the Fastest growing segment in South Korea VHF Data Exchange System (VDES) Market to 2032 with a Growth rate of 24.11 % in forecast period 2025-2032.
-
South Korea VHF Data Exchange System (VDES) Market to 2032, By Usage Type
- Maritime Safety Information (MSI) is the largest segment in South Korea VHF Data Exchange System (VDES) Market to 2032 with a revenue of 1.71 USD Million in the year 2024.
- Maritime Safety Information (MSI) is the Fastest growing segment in South Korea VHF Data Exchange System (VDES) Market to 2032 with a Growth rate of 24.36 % in forecast period 2025-2032.
South Korea VHF Data Exchange System (VDES) Market Company Share Analysis
| Company Name |
|
||
| Saab AB | |||
| Kongsberg | |||
| ORBCOMM | |||
| CML Microcircuits | |||
South Korea VHF Data Exchange System (VDES) Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea VHF Data Exchange System (VDES) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea VHF Data Exchange System (VDES) Market is segmented based on Segmentation Components,End-User,Communication System,Usage Type.
South Korea VHF Data Exchange System (VDES) Market was valued at USD 5.32(Revenue in USD Million) in 2021.
South Korea VHF Data Exchange System (VDES) Market is projected to grow at a CAGR of 22.77% during the forecast period of 2024 to 2032.
The Ships segment is expected to dominate the South Korea VHF Data Exchange System (VDES) Market, holding a largest market share of 5.32 USD Million in 2024
Coming Soon....
South Korea VHF Data Exchange System (VDES) Market Scope
South Korea VHF Data Exchange System (VDES) Market Segmentation & Scope
Components
- Others
- ECDIS
- Antenna
- Transceiver
End-User
- Ships
- Shore
- Satellites
Communication System
- Ship to Ship
- Ship to Satellite
- Satellite to Ship
- Shore to Ship
- Ship to Shore
Usage Type
- Logistics
- Logistics
- Charts & Publications
- Charts & Publications
- Ship Reporting
- Ship Reporting
- Route Exchange
- Route Exchange
- Search and Rescue (SAR) Communication
- Search and Rescue (SAR) Communication
- Vessel Traffic Service (VTS) Communication
- Vessel Traffic Service (VTS) Communication
- Maritime Safety Information (MSI)
- Maritime Safety Information (MSI)
Frequently Asked Questions
The South Korea VHF Data Exchange System (VDES) Market is segmented based on Segmentation Components,End-User,Communication System,Usage Type.
South Korea VHF Data Exchange System (VDES) Market was valued at USD 5.32(Revenue in USD Million) in 2021.
South Korea VHF Data Exchange System (VDES) Market is projected to grow at a CAGR of 22.77% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea VHF Data Exchange System (VDES) Market for final year is USD 16.97 (USD Million).
South Korea VHF Data Exchange System (VDES) Market Company Profiling
Frequently Asked Questions
The South Korea VHF Data Exchange System (VDES) Market is segmented based on Segmentation Components,End-User,Communication System,Usage Type.
South Korea VHF Data Exchange System (VDES) Market was valued at USD 5.32(Revenue in USD Million) in 2021.
South Korea VHF Data Exchange System (VDES) Market is projected to grow at a CAGR of 22.77% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea VHF Data Exchange System (VDES) Market for final year is USD 16.97 (USD Million).
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