Global Marine VHF Radio market is expected to reach 138.53 million USD by the end of 2022 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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QYResearch
• Global Marine VHF Radio market is valued at 142.94 million USD in 2016 and is expected to reach 138.53 million USD by the end of 2022, growing at a CAGR of -0.52% between 2016 and 2022. Global Marine VHF Radio sales volume is valued at 617.46 K Units in 2016 and is expected to reach 670.25 K Units by the end of 2022, growing at a CAGR of 1.38% between 2016 and 2022. • Icom Inc., Standard Horizon, Cobra and Uniden are the top four production value share spots in the Marine VHF Radio market in 2016. Icom Inc. dominated with 22.78% production value share, followed by Standard Horizon with 13.94% production value share, Cobra with 10.46% production value share, and Uniden with 10.22% production value share.
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QYResearch
On the basis of region, Marine VHF Radio is more popular in Europe than North America. Europe is the largest market segment of Marine VHF Radio, with a consumption market share nearly 29.91% in 2016, followed by North America with a consumption market share nearly 28.96% in 2016.
Marine VHF Radio used in industry including Fishery, Transport, Leisure and Recreation, etc. Report data showed that 58.15% of the Marine VHF Radio market demand in Transport in 2016.
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