Global VHF Data Exchange System (VDES) Market is expected to grow with the CAGR of 15.9% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global VHF Data Exchange System (VDES) market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global VHF Data Exchange System (VDES) market are researching and developing the product continuously. This helped companies to maximize the sales with enhanced product portfolio. For instance, in August 2020, Alen Space announced that they have joined the Orbital Transports partner network in order to ensure the availability of small satellite and nano satellite products. As a result, it will become a one stop shop for small and nano satellites. This has allowed the company to extend their space catalog offering which has helped them to extend their global footprint and gain a greater market share. It will also enable them to connect with new partners and increase their customer base.

KONGSBERG is the dominating player in global VHF Data Exchange System (VDES) market. The other key players existing in the market includes Saab, AAC Clyde Space, Alen Space, Cellnex Telecom, S.A., CML Microcircuits (a subsidiary of CML Microsystems plc.), exactEarth, ORBCOMM, Rapid Mobile (Pty) Ltd and Sternula, among others.

KONGSBERG

KONGSBERG is headquartered in Kongsberg, Norway which was established in 1814. The company offers cutting edge technology to maritime, defence and aerospace industry. The company offers wide range of product categories such as acoustic positioning & communication, bridge systems & control centres, commercial fishfinding & fishery systems, deck machinery & cranes, engines, engine room & automaton, information management systems, marine robots, naval, onshore & space based systems, pipelaying vessel, position, motion & heading systems, positioning, stabilising & manoeuvring, propulsors & propulsions, reduction gears, research vessel with auv/rov, ship design, subsea construction vessel solutions, tank gauging, loading & stability, underwater science & mapping and windfarm & support vessel among which onshore & space based systems is focused category. They operate their businesses in kongsberg defence & aerospace, kongsberg maritime and kongsberg digital among which kongsberg maritime is focused category

• In July 2020, KONGSBERG announced that AISSat-1 AIS-receiving satellite which was first launched from Satish Dhawan Space Centre in India has completed ten successful years of operation as is ready to develop their next generation VDES (VHF Data Exchange System) payload. This will completely digitalize the maritime industry. It will completely overhaul the AIS infrastructure. This has helped the company to improve their product offering and establish themselves as a leader for maritime applications.

The company has global presence in Americas, Europe, Middle East and Africa, Asia-Pacific. In addition, company also generates revenue through the subsidiary such as Kongsberg Seatex (Norway), Kongsberg Mesotech (Canada), Kongsberg Maritime do Brasil S.A. (Brazil), Simrad AS (Norway) and Jotron Consultas AS (Norway), among others.                                                                                               

Saab

Saab is headquartered in Stockholm, Sweden and it was established in year 1937. The company offers a variety of products in air, land and sea ranging from military defence to civil security. The company offers various product categories such as air, land, naval and security among which naval is focused category. They operate their businesses in aeronautics, dynamics, surveillance, support & services, industrial products & services and kockums among which industrial products & services is focused category.

• In August 2020, Saab, Orbcomm and AAC Clyde Space have entered into a new contract for developing a satellite that will use VHF Data Exchange System (VDES). This nanosatellite will be launched into the lower earth orbit especially for maritime communications. It will also be used for automatic vessel tracking by upgrading the existing systems. This whole project has been co-funded by Swedish Transport Administration. This partnership has enabled the company to develop a ground breaking technology which will help them to gain a greater market share with a wider customer base.

The company has presence in North America, Asia-Pacific and Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such Saab Kockums (Sweden), Saab Bofors Dynamics (Sweden), Saab Australia Pty Ltd. (Australia), Vricon (U.S.) and Saab Sensis Corporation (U.S.), among others.