North America VHF Data Exchange System (VDES) Market, By Component (Antenna, Transceiver, ECDIS, and Others), Communication System (Shore To Ship, Ship To Shore, Satellite To Ship, Ship To Satellite, Ship To Ship), Usage Type (Vessel Traffic Service (VTS) Communication, Search and Rescue (SAR) Communication, Maritime Safety Information (MSI), Ship Reporting, Route Exchange, Charts & Publications, and Logistics), End User, (Shore, Ships, and Satellites) Industry Trends and Forecast to 2030.
North America VHF Data Exchange System (VDES) Market Analysis and Size
The technological advancement in satellite technology is providing fuel for the growth of the North America VHF data exchange system (VDES) market. The international maritime organisation (IMO) VHF data exchange system is considered a revolutionary element as it is capable of transforming and digitalizing the maritime industry. Even though the current automatic identification system (AIS) technology is still being upgraded, it has its limitations which maritime professionals have widely echoed. As a result, various space agencies have collaborated with each other, as well as private companies, to develop such satellites to leverage the VHF band for data exchange in the marine communications industry.
Data Bridge Market Research analyses that the North America VHF Data Exchange System (VDES) market is expected to reach a value of USD 82,970.58 thousand by 2030, at a CAGR of 15.0% during the forecast period. The North America VHF data exchange system (VDES) market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Report Metric |
Details |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2020-2015) |
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Quantitative Units |
Revenue in USD Thousand, Volumes in Units, Pricing in USD |
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Segments Covered |
By Component (Antenna, Transceiver, ECDIS, and Others), Communication System (Shore To Ship, Ship To Shore, Satellite To Ship, Ship To Satellite, Ship To Ship), Usage Type (Vessel Traffic Service (VTS) Communication, Search and Rescue (SAR) Communication, Maritime Safety Information (MSI), Ship Reporting, Route Exchange, Charts & Publications, and Logistics), End User, (Shore, Ships, and Satellites). |
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Countries Covered |
U.S., Canada, Mexico |
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Market Players Covered |
KONGSBERG, Saab, CML Microcircuits (A subsidiary of CML Microsystem Plc), ORBCOMM, Rapid Mobile (Pty) Ltd., Egatel S.L., and Spire North America among others |
Market Definition
VHF data exchange system (VDES) is emerging into marine communication like ship to ship, ship to shore, and ship to satellite. Major VDES market players have been effective in positioning their products through the 'Innovation in VDE system technology' approach to a wider target audience. Though clients and customers majorly prefer the VDE system over the AIS system due to technological advancement in VDES. The VHF data exchange system (VDES) is seen as an effective and efficient use of the radio spectrum, building on the capabilities of AIS and addressing the increasing requirements for data through the system. Hence increasing IOT technology in maritime communications is one of the major driving factors for the North America VHF data exchange system (VDES) market. After things got steady and the North America economic slowdown scenario improved, these companies were able to regain their market shares by improving the quality of their products. Growing world trade and the rise in marine traffic is also major driving factor that provides a positive boost to the North America VHF data exchange system (VDES) market.
North America VHF Data Exchange System (VDES) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail as below:
Drivers
- Growing government funding for VDES
The International Maritime Organization (IMO) VHF data exchange system is considered a revolutionary element as it is capable of transforming and digitalizing the maritime industry. Even though the current Automatic Identification System (AIS) technology is still being upgraded, it has its limitations which maritime professionals have widely echoed. As a result, various space agencies have collaborated with each other, as well as private companies, to develop such satellites to leverage the VHF band for data exchange in the marine communications industry. The marine industry around the world is facing a lack of investments to develop. Thus, huge investment by government agencies and collaboration among each other for the development of VDES is a major factor expected to drive market growth.
- Development in marine security
Every country's government tries to protect the naval boundaries of their country, and the VHF data exchange system act as a surveillance and communication medium to protect the ships from any dangerous activities. The U.S. government has set up some regulatory bodies to improve development in marine security. If marine security improves, then it will make an ultimately positive impact on the market.
Opportunity
- Growing preferences for VDES by businesses
The businesses engaged in the maritime industry and related authorities increasingly prefer the VHF data exchange system (VDES) over another available system in the market. As the AIS (Automated Identification System) is currently the communications benchmark in maritime, the emergence of the VDES standard is expected to change this condition in the future. This is due to the technological advantages that VDES offers on the current AIS. Following are a few major factors that have enabled businesses to incline toward VDES in maritime satellite communications.
Restraints/Challenges
- The high initial cost associated with VDES
The multi-polarized antenna is used in the VHF data exchange system (VDES). This antenna consists of copper and aluminum. Due to the rise in the cost of copper, aluminum, and other raw material, there is an increase in the cost of the VHF data exchange system (VDES). Due to the high cost associated with VDES devices and equipment, it's not easy for private organizations to use VDES for tracking vessels. Hence, it renders the growth of the North America VHF data exchange system (VDES) market. Most organizations are working on the effective cost of VDES devices. But due to inflation in North America and Europe, the VHF exchange system cost increased. For instance, VHF Antennas cost USD 79.45/unit. This makes the VHF data exchange system devices at a high cost, and hence it is expected to act as a restrain for the market growth.
Post COVID-19 Impact on North America VHF Data Exchange System (VDES) Market
COVID-19 negatively impacted the North America VHF data exchange system (VDES) market due to the shutdown of North America logistics and transportation and the lack of testing for the system.
The COVID-19 pandemic has impacted the North America VHF data exchange system (VDES) market to an extent in negative manner. However, increasing IoT technology in maritime communications and growing world trade and a rise in marine traffic is expected to act as driving factor for the growth of the market and also help the market to grow during and after the pandemic. Also, the growth has been high since the market opened after COVID-19, and it is expected that there will be considerable growth in the sector.
The market players are conducting multiple research and development activities to improve the technology involved in the accessories. With this, the companies will bring advancement and innovation to the market. In addition, government funding for the VDES has led the market growth.
Recent Development
- In November 2021, AAC Clyde received an order from U.S. Aegis Aerospace for a satellite mission carried out on behalf of the U.S. Department of Defense (DoD). This mission will host research and technology demonstration payloads for the DoD Space Test Program, which will operate in Low Earth Orbit (LEO). This order will help the company will increase its presence in this domain and widen its customer base, which in turn will generate higher revenues.
- In November 2017, CML Microcircuits announced the launch of their new VHF data exchange system (VDES) module. It uses a Software Defined Radio (SDR) solution and is integrated with cutting-edge technology that has digitized the whole maritime band between 156.025 – 162.025 MHz. This has helped the company to expand its marine communication product portfolio, which has earned higher revenues for them.
North America VHF Data Exchange System (VDES) Market Scope
The North America VHF data exchange system (VDES) market is segmented on the basis of the component, communication system, usage type, and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
By component
- Antenna
- Transceiver
- ECDIS
- Others
On the basis of components, the North America VHF data exchange system (VDES) market is segmented into the antenna, transceiver, ECDIS, and others.
Communication System
- Shore-to-ship
- Ship-to-shore
- Satellite-to-ship
- Ship-to-satellite
- Ship-to-ship
On the basis of the communication system, the North America VHF data exchange system (VDES) market is segmented into shore-to-ship, ship-to-shore, satellite-to-ship, ship-to-satellite, and ship-to-ship.
By Usage Type
- Vessel traffic service (VTS) communication
- Search & rescue (SAR) communication
- Maritime safety information (MSI)
- Ship reporting
- Route exchange
- Charts & publications
- Logistics
On the basis of usage type, the North America VHF data exchange system (VDES) market is segmented into vessel traffic service (VTS) communication, search & rescue (SAR) communication, maritime safety information (MSI), ship reporting, route exchange, charts & publications, logistics.
By End User
- Shore
- Ships
- Satellites
On the basis of end user, the North America VHF data exchange system (VDES) market is segmented into shore, ships, and satellites.
North America VHF Data Exchange System (VDES) Regional Analysis/Insights
The North America VHF data exchange system (VDES) market is analyzed, and market size insights and trends are provided by country, component, communication system, usage type, and end user as referenced above.
The countries covered in the North America VHF data exchange system (VDES) market report are U.S., Canada, and Mexico.
In 2023, the U.S. region is expected to dominate the market due to factors such as increasing investment in R&D and growing partnerships, acquisitions, and collaboration among market players.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America VHF Data Exchange System (VDES) Market Share Analysis
North America VHF data exchange system (VDES) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the North America VHF data exchange system (VDES) market.
Some of the major players operating in the North America VHF data exchange system (VDES) market are KONGSBERG, Saab, CML Microcircuits (A subsidiary of CML Microsystem Plc), ORBCOMM, Rapid Mobile (Pty) Ltd., Egatel S.L., and Spire North America among others.
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