Global Voyage Data Recorder (VDR) Sales Market Report 2020
Voyage data recorder (VDR) is a record-keeping device, invented specifically to be installed in a watercraft.
The global voyage data recorder industry is geographically divided among the major competitors. Competitors are therefore identified by geographic locations rather than as firms. Europe is the largest production country where major vendors hold 38.55% of the global market share and the competitive rivalry is estimated to be high. Japan accounts for approximately 20.71% of the global share, of which Japan Radio Co owns 11.42% and Furuno owns 9.38%. The market share held by dominant players in Japan is much larger than shares held by others.
Voyage data recorder is a cyclic industry and the global consumption of which is projected to increase in the following years. The major consumption countries highly concentrate on Asia, leading by Korea, China and Japan, which is resulted by the distribution of the downstream, shipbuilding industry. Also, the consumption market shares will remain to be the same in the long run.
Market Analysis and Insights: Global Voyage Data Recorder (VDR) Market
The global Voyage Data Recorder (VDR) market size is projected to reach US$ 1570.3 million by 2026, from US$ 1455.3 million in 2020, at a CAGR of 1.3% during 2021-2026.
Global Voyage Data Recorder (VDR) Scope and Market Size
The global Voyage Data Recorder (VDR) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Voyage Data Recorder (VDR) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Voyage Data Recorder (VDR) market is segmented into
General Voyage Data Recorder
Simplified Voyage Data Recorder
Segment by Application, the Voyage Data Recorder (VDR) market is segmented into
Passenger Ship
Cargo Ship
Naval Ship
Others
The Voyage Data Recorder (VDR) market is analysed and market size information is provided by regions (countries). Segment by Application, the Voyage Data Recorder (VDR) market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Voyage Data Recorder (VDR) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Voyage Data Recorder (VDR) business, the date to enter into the Voyage Data Recorder (VDR) market, Voyage Data Recorder (VDR) product introduction, recent developments, etc.
The major vendors covered:
Japan Radio Co
Furuno
Interschalt Maritime Systems
Consilium
L-3 Communications
Wärtsilä SAM Electronics
Kongsberg Maritime
Beijing Highlander
Raytheon Anschutz
Danelec Marine
Kelvin Hughes
Maretron
The global voyage data recorder industry is geographically divided among the major competitors. Competitors are therefore identified by geographic locations rather than as firms. Europe is the largest production country where major vendors hold 38.55% of the global market share and the competitive rivalry is estimated to be high. Japan accounts for approximately 20.71% of the global share, of which Japan Radio Co owns 11.42% and Furuno owns 9.38%. The market share held by dominant players in Japan is much larger than shares held by others.
Voyage data recorder is a cyclic industry and the global consumption of which is projected to increase in the following years. The major consumption countries highly concentrate on Asia, leading by Korea, China and Japan, which is resulted by the distribution of the downstream, shipbuilding industry. Also, the consumption market shares will remain to be the same in the long run.
Market Analysis and Insights: Global Voyage Data Recorder (VDR) Market
The global Voyage Data Recorder (VDR) market size is projected to reach US$ 1570.3 million by 2026, from US$ 1455.3 million in 2020, at a CAGR of 1.3% during 2021-2026.
Global Voyage Data Recorder (VDR) Scope and Market Size
The global Voyage Data Recorder (VDR) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Voyage Data Recorder (VDR) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Voyage Data Recorder (VDR) market is segmented into
General Voyage Data Recorder
Simplified Voyage Data Recorder
Segment by Application, the Voyage Data Recorder (VDR) market is segmented into
Passenger Ship
Cargo Ship
Naval Ship
Others
The Voyage Data Recorder (VDR) market is analysed and market size information is provided by regions (countries). Segment by Application, the Voyage Data Recorder (VDR) market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Voyage Data Recorder (VDR) Market Share AnalysisVoyage Data Recorder (VDR) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Voyage Data Recorder (VDR) business, the date to enter into the Voyage Data Recorder (VDR) market, Voyage Data Recorder (VDR) product introduction, recent developments, etc.
The major vendors covered:
Japan Radio Co
Furuno
Interschalt Maritime Systems
Consilium
L-3 Communications
Wärtsilä SAM Electronics
Kongsberg Maritime
Beijing Highlander
Raytheon Anschutz
Danelec Marine
Kelvin Hughes
Maretron
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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