Global Voyage Data Recorders (VDR) Market Growth (Status and Outlook) 2019-2024

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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.).
Passenger ships and ships other than passenger ships of 3000 gross tonnage and upwards constructed on or after 1 July 2002 must carry voyage data recorders (VDRs) to assist in accident investigations, under regulations adopted in 2000, which entered into force on 1 July 2002. The mandatory regulations are contained in chapter V on Safety of Navigation of the International Convention for the Safety of Life at Sea, 1974. Like the black boxes carried on aircraft, VDRs enable accident investigators to review procedures and instructions in the moments before an incident and help to identify the cause of any accident.

The market for Voyage Data Recorders (VDR) is not fragmented with players such as Japan Radio Co, Furuno, Interschalt, Maritime Systems, Consilium, L-3 Communications, W?rtsil? SAM Electronics, Kongsberg Maritime, Beijing Highlander, Raytheon Anschutz, Danelec Marine, Kelvin Hughes, Maretron, etc.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

All manufactures in the world are committed to the improvement of product. These two years, some of Chinese manufactures can almost catch up with the world's leading technology too. Most technologies are developed by the manufacturers instead of importing from other companies. With the recovery of world shipbuilding industry and the increased proportion of output for high technology and high added - value ships, China will enter into the list of world powerful shipbuilding countries.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions? unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.


According to this study, over the next five years the Voyage Data Recorders (VDR) market will register a 0.3% CAGR in terms of revenue, the global market size will reach US$ 1530 million by 2024, from US$ 1500 million in 2019. In particular, this report presents the global revenue market share of key companies in Voyage Data Recorders (VDR) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Voyage Data Recorders (VDR) market by product type, application, key manufacturers and key regions and countries.

This study considers the Voyage Data Recorders (VDR) value generated from the sales of the following segments:

Segmentation by product type:
    General Voyage Data Recorder
    Simplified Voyage Data Recorder
Segmentation by application:
    Passenger Ship
    Cargo Ship
    Naval Ship
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
    Japan Radio Co
    Furuno
    Interschalt Maritime Systems
    Consilium
    L-3 Communications
    W?rtsil? SAM Electronics
    Kongsberg Maritime
    Beijing Highlander
    Raytheon Anschutz
    Danelec Marine
    Kelvin Hughes
    Maretron

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
    To study and analyze the global Voyage Data Recorders (VDR) market size by key regions/countries, product type and application.
    To understand the structure of Voyage Data Recorders (VDR) market by identifying its various subsegments.
    Focuses on the key global Voyage Data Recorders (VDR) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Voyage Data Recorders (VDR) with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the size of Voyage Data Recorders (VDR) submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents

2019-2024 Global Voyage Data Recorders (VDR) Market Report (Status and Outlook)

1 Scope of the Report
    1.1 Market Introduction
    1.2 Research Objectives
    1.3 Years Considered
    1.4 Market Research Methodology
    1.5 Economic Indicators
    1.6 Currency Considered

2 Executive Summary
    2.1 World Market Overview
        2.1.1 Global Voyage Data Recorders (VDR) Market Size 2019-2024
        2.1.2 Voyage Data Recorders (VDR) Market Size CAGR by Region
    2.2 Voyage Data Recorders (VDR) Segment by Type
        2.2.1 General Voyage Data Recorder
        2.2.2 Simplified Voyage Data Recorder
    2.3 Voyage Data Recorders (VDR) Market Size by Type
        2.3.1 Global Voyage Data Recorders (VDR) Market Size Market Share by Type (2019-2024)
        2.3.2 Global Voyage Data Recorders (VDR) Market Size Growth Rate by Type (2019-2024)
    2.4 Voyage Data Recorders (VDR) Segment by Application
        2.4.1 Passenger Ship
        2.4.2 Cargo Ship
        2.4.3 Naval Ship
        2.4.4 Others
    2.5 Voyage Data Recorders (VDR) Market Size by Application
        2.5.1 Global Voyage Data Recorders (VDR) Market Size Market Share by Application (2019-2024)
        2.5.2 Global Voyage Data Recorders (VDR) Market Size Growth Rate by Application (2019-2024)

3 Voyage Data Recorders (VDR) Key Players
    3.1 Date of Key Players Enter into Voyage Data Recorders (VDR)
    3.2 Key Players Voyage Data Recorders (VDR) Product Offered
    3.3 Key Players Voyage Data Recorders (VDR) Funding/Investment Analysis
    3.4 Funding/Investment
        3.4.1 Funding/Investment by Regions
        3.4.2 Funding/Investment by End Industry
    3.5 Key Players Voyage Data Recorders (VDR) Valuation & Market Capitalization
    3.6 Key Players Mergers & Acquisitions, Expansion Plans
    3.7 Market Ranking
    3.8 New Product/Technology Launches
    3.9 Partnerships, Agreements, and Collaborations
    3.10 Mergers and Acquisitions

4 Voyage Data Recorders (VDR) by Regions
    4.1 Voyage Data Recorders (VDR) Market Size by Regions
    4.2 Americas Voyage Data Recorders (VDR) Market Size Growth
    4.3 APAC Voyage Data Recorders (VDR) Market Size Growth
    4.4 Europe Voyage Data Recorders (VDR) Market Size Growth

5 Americas
    5.1 Americas Voyage Data Recorders (VDR) Market Size by Countries
    5.2 Americas Voyage Data Recorders (VDR) Market Size by Type
    5.3 Americas Voyage Data Recorders (VDR) Market Size by Application
    5.4 United States
    5.5 Canada
    5.6 Mexico
    5.7 Key Economic Indicators of Few Americas Countries

6 APAC
   6.1 APAC Voyage Data Recorders (VDR) Market Size by Countries
    6.2 APAC Voyage Data Recorders (VDR) Market Size by Type
    6.3 APAC Voyage Data Recorders (VDR) Market Size by Application
    6.4 China
    6.5 Japan
    6.6 Korea
    6.7 Southeast Asia
    6.8 India
    6.9 Australia
    6.10 Key Economic Indicators of Few APAC Countries

7 Europe
    7.1 Europe Voyage Data Recorders (VDR) by Countries
    7.2 Europe Voyage Data Recorders (VDR) Market Size by Type
    7.3 Europe Voyage Data Recorders (VDR) Market Size by Application
    7.4 Germany
    7.5 France
    7.6 UK
    7.7 Italy
    7.8 Russia
    7.9 Key Economic Indicators of Few Europe Countries

8 Market Drivers, Challenges and Trends
    8.1 Market Drivers and Impact
        8.1.1 Growing Demand from Key Regions
        8.1.2 Growing Demand from Key Applications and Potential Industries
    8.2 Market Challenges and Impact
    8.3 Market Trends
    8.4 Market Ecosystem and Roles

9 Key Investors in Voyage Data Recorders (VDR)
    9.1 Company A
        9.1.1 Company A Company Details
        9.1.2 Company Description
        9.1.3 Companies Invested by Company A
        9.1.4 Company A Key Development and Market Layout
    9.2 Company B
        9.2.1 Company B Company Details
        9.2.2 Company Description
        9.2.3 Companies Invested by Company B
        9.2.4 Company B Key Development and Market Layout
    9.3 Company C
        9.3.1 Company C Company Details
        9.3.2 Company Description
        9.3.3 Companies Invested by Company C
        9.3.4 Company C Key Development and Market Layout
    9.4 Company D
        9.4.1 Company D Company Details
        9.4.2 Company Description
        9.4.3 Companies Invested by Company D
        9.4.4 Company D Key Development and Market Layout
    ?

10 Key Players Analysis
    10.1 Japan Radio Co
        10.1.1 Company Details
        10.1.2 Voyage Data Recorders (VDR) Product Offered
        10.1.3 Japan Radio Co Voyage Data Recorders (VDR) Market Size
        10.1.4 Main Business Overview
        10.1.5 Japan Radio Co News
    10.2 Furuno
        10.2.1 Company Details
        10.2.2 Voyage Data Recorders (VDR) Product Offered
        10.2.3 Furuno Voyage Data Recorders (VDR) Market Size
        10.2.4 Main Business Overview
        10.2.5 Furuno News
    10.3 Interschalt Maritime Systems
        10.3.1 Company Details
        10.3.2 Voyage Data Recorders (VDR) Product Offered
        10.3.3 Interschalt Maritime Systems Voyage Data Recorders (VDR) Market Size
        10.3.4 Main Business Overview
        10.3.5 Interschalt Maritime Systems News
    10.4 Consilium
        10.4.1 Company Details
        10.4.2 Voyage Data Recorders (VDR) Product Offered
        10.4.3 Consilium Voyage Data Recorders (VDR) Market Size
        10.4.4 Main Business Overview
        10.4.5 Consilium News
    10.5 L-3 Communications
        10.5.1 Company Details
        10.5.2 Voyage Data Recorders (VDR) Product Offered
        10.5.3 L-3 Communications Voyage Data Recorders (VDR) Market Size
        10.5.4 Main Business Overview
        10.5.5 L-3 Communications News
    10.6 W?rtsil? SAM Electronics
        10.6.1 Company Details
        10.6.2 Voyage Data Recorders (VDR) Product Offered
        10.6.3 W?rtsil? SAM Electronics Voyage Data Recorders (VDR) Market Size
        10.6.4 Main Business Overview
        10.6.5 W?rtsil? SAM Electronics News
    10.7 Kongsberg Maritime
        10.7.1 Company Details
        10.7.2 Voyage Data Recorders (VDR) Product Offered
        10.7.3 Kongsberg Maritime Voyage Data Recorders (VDR) Market Size
        10.7.4 Main Business Overview
        10.7.5 Kongsberg Maritime News
    10.8 Beijing Highlander
        10.8.1 Company Details
        10.8.2 Voyage Data Recorders (VDR) Product Offered
        10.8.3 Beijing Highlander Voyage Data Recorders (VDR) Market Size
        10.8.4 Main Business Overview
        10.8.5 Beijing Highlander News
    10.9 Raytheon Anschutz
        10.9.1 Company Details
        10.9.2 Voyage Data Recorders (VDR) Product Offered
        10.9.3 Raytheon Anschutz Voyage Data Recorders (VDR) Market Size
        10.9.4 Main Business Overview
        10.9.5 Raytheon Anschutz News
    10.10 Danelec Marine
        10.10.1 Company Details
        10.10.2 Voyage Data Recorders (VDR) Product Offered
        10.10.3 Danelec Marine Voyage Data Recorders (VDR) Market Size
        10.10.4 Main Business Overview
        10.10.5 Danelec Marine News
    10.11 Kelvin Hughes
    10.12 Maretron

11 Research Findings and Conclusion

List of Tables and Figures Figure Picture of Voyage Data Recorders (VDR) Figure Voyage Data Recorders (VDR) Report Years Considered Figure Market Research Methodology Figure Global Voyage Data Recorders (VDR) Market Size Growth Rate 2019-2024 ($ Millions) Table Voyage Data Recorders (VDR) Market Size CAGR by Region 2019-2024 ($ Millions) Table Major Players of General Voyage Data Recorder Table Major Players of Simplified Voyage Data Recorder Table Global Market Size by Type (2019-2024) ($ Millions) Table Global Voyage Data Recorders (VDR) Market Size Market Share by Type (2019-2024) Figure Global Voyage Data Recorders (VDR) Market Size Market Share by Type (2019-2024) Figure Global General Voyage Data Recorder Market Size Growth Rate Figure Global Simplified Voyage Data Recorder Market Size Growth Rate Figure Voyage Data Recorders (VDR) Consumed in Passenger Ship Figure Global Voyage Data Recorders (VDR) Market: Passenger Ship (2019-2024) ($ Millions) Figure Global Passenger Ship YoY Growth ($ Millions) Figure Voyage Data Recorders (VDR) Consumed in Cargo Ship Figure Global Voyage Data Recorders (VDR) Market: Cargo Ship (2019-2024) ($ Millions) Figure Global Cargo Ship YoY Growth ($ Millions) Figure Voyage Data Recorders (VDR) Consumed in Naval Ship Figure Global Voyage Data Recorders (VDR) Market: Naval Ship (2019-2024) ($ Millions) Figure Global Naval Ship YoY Growth ($ Millions) Figure Voyage Data Recorders (VDR) Consumed in Others Figure Global Voyage Data Recorders (VDR) Market: Others (2019-2024) ($ Millions) Figure Global Others YoY Growth ($ Millions) Table Global Voyage Data Recorders (VDR) Market Size by Application (2019-2024) ($ Millions) Table Global Voyage Data Recorders (VDR) Market Size Market Share by Application (2019-2024) Figure Global Voyage Data Recorders (VDR) Market Size Market Share by Application (2019-2024) Figure Global Voyage Data Recorders (VDR) Market Size in Passenger Ship Growth Rate Figure Global Voyage Data Recorders (VDR) Market Size in Cargo Ship Growth Rate Figure Global Voyage Data Recorders (VDR) Market Size in Naval Ship Growth Rate Figure Global Voyage Data Recorders (VDR) Market Size in Others Growth Rate Table Date of Global Key Players Enter into Voyage Data Recorders (VDR) Market Table Global Key Players Voyage Data Recorders (VDR) Product Offered Table Key Players Voyage Data Recorders (VDR) Funding/Investment ($ Millions) Figure Funding/Investment Table Funding/Investment by Regions Table Funding/Investment by End Industry Table Key Players Voyage Data Recorders (VDR) Valuation & Market Capitalization ($ Millions) Table Key Players Mergers & Acquisitions, Expansion Plans Table Global Voyage Data Recorders (VDR) Market Size by Regions 2019-2024 ($ Millions) Table Global Voyage Data Recorders (VDR) Market Size Market Share by Regions 2019-2024 Figure Global Voyage Data Recorders (VDR) Market Size Market Share by Regions 2019-2024 Figure Americas Voyage Data Recorders (VDR) Market Size 2019-2024 ($ Millions) Figure APAC Voyage Data Recorders (VDR) Market Size 2019-2024 ($ Millions) Figure Europe Voyage Data Recorders (VDR) Market Size 2019-2024 ($ Millions) Table Americas Voyage Data Recorders (VDR) Market Size by Countries (2019-2024) ($ Millions) Table Americas Voyage Data Recorders (VDR) Market Size Market Share by Countries (2019-2024) Figure Americas Voyage Data Recorders (VDR) Market Size Market Share by Countries in 2019 Table Americas Voyage Data Recorders (VDR) Market Size by Type (2019-2024) ($ Millions) Table Americas Voyage Data Recorders (VDR) Market Size Market Share by Type (2019-2024) Figure Americas Voyage Data Recorders (VDR) Market Size Market Share by Type in 2019 Table Americas Voyage Data Recorders (VDR) Market Size by Application (2019-2024) ($ Millions) Table Americas Voyage Data Recorders (VDR) Market Size Market Share by Application (2019-2024) Figure Americas Voyage Data Recorders (VDR) Market Size Market Share by Application in 2019 Figure United States Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure Canada Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure Mexico Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Table APAC Voyage Data Recorders (VDR) Market Size by Countries (2019-2024) ($ Millions) Table APAC Voyage Data Recorders (VDR) Market Size Market Share by Countries (2019-2024) Figure APAC Voyage Data Recorders (VDR) Market Size Market Share by Countries in 2019 Table APAC Voyage Data Recorders (VDR) Market Size by Type (2019-2024) ($ Millions) Table APAC Voyage Data Recorders (VDR) Market Size Market Share by Type (2019-2024) Figure APAC Voyage Data Recorders (VDR) Market Size Market Share by Type in 2019 Table APAC Voyage Data Recorders (VDR) Market Size by Application (2019-2024) ($ Millions) Table APAC Voyage Data Recorders (VDR) Market Size Market Share by Application (2019-2024) Figure APAC Voyage Data Recorders (VDR) Market Size Market Share by Application in 2019 Figure China Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure Japan Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure Korea Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure Southeast Asia Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure India Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure Australia Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Table Europe Voyage Data Recorders (VDR) Market Size by Countries (2019-2024) ($ Millions) Table Europe Voyage Data Recorders (VDR) Market Size Market Share by Countries (2019-2024) Figure Europe Voyage Data Recorders (VDR) Market Size Market Share by Countries in 2019 Table Europe Voyage Data Recorders (VDR) Market Size by Type (2019-2024) ($ Millions) Table Europe Voyage Data Recorders (VDR) Market Size Market Share by Type (2019-2024) Figure Europe Voyage Data Recorders (VDR) Market Size Market Share by Type in 2019 Table Europe Voyage Data Recorders (VDR) Market Size by Application (2019-2024) ($ Millions) Table Europe Voyage Data Recorders (VDR) Market Size Market Share by Application (2019-2024) Figure Europe Voyage Data Recorders (VDR) Market Size Market Share by Application in 2019 Figure Germany Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure France Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure UK Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure Italy Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Figure Russia Voyage Data Recorders (VDR) Market Size Growth 2019-2024 ($ Millions) Table Company A Company Details Table Companies Invested by Company A Table Company A Key Development and Market Layout Table Company B Company Details Table Companies Invested by Company B Table Company B Key Development and Market Layout Table Company C Company Details Table Companies Invested by Company C Table Company C Key Development and Market Layout Table Company C Company Details Table Companies Invested by Company C Table Company C Key Development and Market Layout Table Japan Radio Co Basic Information, Head Office, Major Market Areas and Its Competitors Table Japan Radio Co Voyage Data Recorders (VDR) Market Size Table Furuno Basic Information, Head Office, Major Market Areas and Its Competitors Table Furuno Voyage Data Recorders (VDR) Market Size Table Interschalt Maritime Systems Basic Information, Head Office, Major Market Areas and Its Competitors Table Interschalt Maritime Systems Voyage Data Recorders (VDR) Market Size Table Consilium Basic Information, Head Office, Major Market Areas and Its Competitors Table Consilium Voyage Data Recorders (VDR) Market Size Table L-3 Communications Basic Information, Head Office, Major Market Areas and Its Competitors Table L-3 Communications Voyage Data Recorders (VDR) Market Size Table W?rtsil? SAM Electronics Basic Information, Head Office, Major Market Areas and Its Competitors Table W?rtsil? SAM Electronics Voyage Data Recorders (VDR) Market Size Table Kongsberg Maritime Basic Information, Head Office, Major Market Areas and Its Competitors Table Kongsberg Maritime Voyage Data Recorders (VDR) Market Size Table Beijing Highlander Basic Information, Head Office, Major Market Areas and Its Competitors Table Beijing Highlander Voyage Data Recorders (VDR) Market Size Table Raytheon Anschutz Basic Information, Head Office, Major Market Areas and Its Competitors Table Raytheon Anschutz Voyage Data Recorders (VDR) Market Size Table Danelec Marine Basic Information, Head Office, Major Market Areas and Its Competitors Table Danelec Marine Voyage Data Recorders (VDR) Market Size Table Kelvin Hughes Basic Information, Head Office, Major Market Areas and Its Competitors Table Maretron Basic Information, Head Office, Major Market Areas and Its Competitors

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