Voyage data recorder, or VDR, is a data recording system designed for all vessels required to comply with the IMO's International Convention SOLAS Requirements (IMO Res A861(20)) in order to collect data from various sensors on board the vessel. It then digitizes, compresses and stores this information in an externally mounted protective storage unit. The protective storage unit is a tamper-proof unit designed to withstand the extreme shock, impact, pressure and heat, which could be associated with a marine incident (fire, explosion, collision, sinking, etc.).
This report contains market size and forecasts of Voyage Data Recorders (VDR) in global, including the following market information:
Global Voyage Data Recorders (VDR) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Voyage Data Recorders (VDR) Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Voyage Data Recorders (VDR) companies in 2021 (%)
The global Voyage Data Recorders (VDR) market was valued at 889 million in 2021 and is projected to reach US$ 988.8 million by 2028, at a CAGR of 1.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
General Voyage Data Recorder Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Voyage Data Recorders (VDR) include Japan Radio Co, Furuno, Navis, Consilium, L-3 Communications, Wartsila SAM Electronics, Kongsberg Maritime, Beijing Highlander and Raytheon Anschutz, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Voyage Data Recorders (VDR) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Voyage Data Recorders (VDR) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Voyage Data Recorders (VDR) Market Segment Percentages, by Type, 2021 (%)
General Voyage Data Recorder
Simplified Voyage Data Recorder
Global Voyage Data Recorders (VDR) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Voyage Data Recorders (VDR) Market Segment Percentages, by Application, 2021 (%)
Passenger Ship
Cargo Ship
Naval Ship
Others
Global Voyage Data Recorders (VDR) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Voyage Data Recorders (VDR) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Voyage Data Recorders (VDR) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Voyage Data Recorders (VDR) revenues share in global market, 2021 (%)
Key companies Voyage Data Recorders (VDR) sales in global market, 2017-2022 (Estimated), (Units)
Key companies Voyage Data Recorders (VDR) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Japan Radio Co
Furuno
Navis
Consilium
L-3 Communications
Wartsila SAM Electronics
Kongsberg Maritime
Beijing Highlander
Raytheon Anschutz
Danelec Marine
Kelvin Hughes
Maretron