VHF data exchange system (VDES) is a new maritime communication technology that is designed to improve safety, security, and efficiency. VDES is based on the VHF radio band, but it uses digital technology to transmit data-rich messages. This makes it possible to transmit more information over a wider area and at faster speeds than traditional VHF radio. VDES is a promising new technology that has the potential to revolutionize maritime communication. It is already being adopted by a number of countries and organizations, and it is expected to become increasingly widespread in the coming years. VDES can be used to transmit data-rich messages that can improve maritime safety and security. For example, VDES can be used to transmit information about the location of ships, weather conditions, and other hazards.
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Data Bridge Market Research analyses that the Global VHF Data Exchange System (VDES) Market is expected to reach USD 424,875.96 thousand by 2030 from USD 128,707.70 thousand in 2022, growing with the substantial CAGR of 16.10% in the forecast period of 2023 to 2030. VDES can be used to communicate with a variety of different devices, including ships, shore stations, and aircraft. This makes it a valuable tool for improving interoperability between different organizations. For example, VDES can be used to coordinate search and rescue operations, or to share information about traffic conditions. VDES is a promising new technology that has the potential to revolutionize maritime communication. It is already being adopted by a number of countries and organizations, and it is expected to become increasingly widespread in the coming years.
Growing demand for maritime safety and security is expected to drive the market's growth rate
VDES can be used to transmit data-rich messages that can improve maritime safety and security. For example, VDES can be used to transmit information about the location of ships, weather conditions, and other hazards. VDES can provide more efficient and reliable communication than traditional VHF radio. For example, VDES can be used to transmit data at higher speeds and over longer distances. VDES can be used to communicate with a variety of different devices, including ships, shore stations, and aircraft. This makes it a valuable tool for improving interoperability between different organizations.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015- 2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Components (Antenna, Transceiver, Ecdis, 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 & Rescue (SAR) Communication, Maritime Safety Information (MSI), Ship Reporting, Route Exchange, Charts & Publications, And Logistics), End User (Shore, Ships, Satellites)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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KONGSBERG (Norway), Saab (Sweden), AAC Clyde Space (Sweden), Alen Space (Spain), Cellnex Telecom, S.A. , CML Microcircuits (Spain), exactEarth (U.K.), ORBCOMM (U.S.), Rapid Mobile (Pty) Ltd (South Africa) and Sternula (Denmark)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global VHF data exchange system (VDES) market is segmented into four notable segments, which are based on the component, communication system, usage type, and end user.
- On the basis of component, the global VHF data exchange system (VDES) market is the segmented antenna, transceiver, ECDIS, and others. Transceiver is expected to dominate the global VHF data exchange system (VDES) market with a 45.03% share as the cost investment for this device was higher. A transceiver refers to a device that is capable of transmitting and receiving information via a transmission medium.
- On the basis of the communication system, the global 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. Ship-to-shore is expected to dominate the global VHF data exchange system (VDES) market with a 35.69% share as VDES devices are primarily installed in ships in place of AIS to communicate with the onshore station smoothly. In ship-to-shore communication, vessels uphold consistent connectivity with offshore with the help of satellites and other equipment.
- On the basis of usage type, the global 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, and logistics. Maritime safety information (MSI) is expected to dominate the global VHF data exchange system (VDES) market with a 30.95% share as VDES is widely primarily used for information about ships to onshore centers. This service allows the national authorities to broadcast important information to the mariners, such as upcoming storms or restricted areas.
The maritime safety information (MSI) segment will dominate the usage type segment of the VHF data exchange system (VDES) market
The maritime safety information (MSI) segment will emerge as the dominating segment under usage type segment. This is because of the growing number of technological advancements in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
- On the basis of end user, the global VHF data exchange system (VDES) market is segmented into shore, ships, and satellites. Ships is expected to dominate the global VHF data exchange system (VDES) market with a 52.19% share as companies are focusing on transforming the AIS of ships to VDES on a primary basis. VHF data exchange systems are an upgrade to the existing AIS, which can be used in ships capable of transforming maritime communication.
The ships segment will dominate the end user segment of the VHF data exchange system (VDES) market
The ships segment will emerge as the dominating segment under end user. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the semiconductors and electronics industry all around the globe will further bolster the growth of this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players: KONGSBERG (Norway), Saab (Sweden), AAC Clyde Space (Sweden), Alen Space (Spain), Cellnex Telecom, S.A. , CML Microcircuits (Spain), exactEarth (U.K.), ORBCOMM (U.S.), Rapid Mobile (Pty) Ltd (South Africa) and Sternula (Denmark).
Market Development
- In 2020, Saab, Orbcomm, and AAC Clyde Space signed a new deal in August to create a satellite that will use the VHF Data Exchange System (VDES). This nanosatellite will be put into low-Earth orbit in order to facilitate maritime communications. By improving existing systems, it will also be utilized for automatic vessel tracking. The Swedish Transport Administration has co-funded the entire project. This collaboration has enabled the organization to build ground-breaking technology that will assist them in gaining a larger market share with a broader consumer base.
- In 2021, Sternula signed a one-of-a-kind partnership agreement with Ghana's maritime authority in October. The alliance contributes to the overall development of West Africa's maritime sector. The precursor project will help to accelerate the broad use of next-generation AIS technology in the future.
Regional Analysis
Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the VHF data exchange system (VDES) market during the forecast period 2023-2030
North America is the dominating region in the global VHF Data Exchange System (VDES) Market. The United States is the largest market in North America, followed by Canada. The high demand for maritime safety and security, the increasing need for more efficient and reliable communication, and the growing demand for interoperable communication are the major factors driving the growth of the VDES market in North America.
Asia-Pacific is estimated to be the fastest growing region in the VHF data exchange system (VDES) market in the forecast period 2023-2030
Asia-Pacific is the fastest-growing market in the global VDES data exchange system (VDES) market. China, Japan, and India are the major markets in Asia-Pacific. The rising demand for maritime safety and security, the increasing need for more efficient and reliable communication, and the growing government support for the maritime industry are the major factors driving the growth of the VDES market in Asia-Pacific.
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