{"id":433403,"date":"2019-09-27T09:04:01","date_gmt":"2019-09-27T09:04:01","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=433403"},"modified":"2019-09-27T09:04:01","modified_gmt":"2019-09-27T09:04:01","slug":"voyage-data-recorder-2019-global-market-overview-vdr-industry-size-share-segmentsm-technologies-applications-verticals-strategies-and-regional-trends-by-forecast-2025","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/voyage-data-recorder-2019-global-market-overview-vdr-industry-size-share-segmentsm-technologies-applications-verticals-strategies-and-regional-trends-by-forecast-2025_433403.html","title":{"rendered":"Voyage Data Recorder 2019 Global Market Overview: VDR Industry Size, Share, Segmentsm Technologies, Applications, Verticals, Strategies and Regional Trends By Forecast 2025"},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\"><a href=\"https:\/\/www.abnewswire.com\/uploads\/1569586445.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Voyage Data Recorder 2019 Global Market Overview: VDR Industry Size, Share, Segmentsm Technologies, Applications, Verticals, Strategies and Regional Trends By Forecast 2025\" src=\"https:\/\/www.abnewswire.com\/uploads\/1569586445.jpeg\" alt=\"Voyage Data Recorder 2019 Global Market Overview: VDR Industry Size, Share, Segmentsm Technologies, Applications, Verticals, Strategies and Regional Trends By Forecast 2025\" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\">\n<div>Voyage Data Recorder (VDR) Market<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Global Voyage Data Recorder Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player&#8217;s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.<\/div>\n<p style=\"text-align: justify;\"><strong>Global Voyage Data Recorder (VDR) Market Expected to Exhibit Steady Growth over 2023<\/strong><\/p>\n<p style=\"text-align: justify;\">According to Market Research Future (MRFR), the global voyage data recorder (VDR) market has been projected to strike a <strong>CAGR of 2.25%<\/strong> during the forecast period. In addition, the global market is presumed to touch a valuation of <strong>USD 1,798.2 Mn<\/strong> towards the end of 2023. The market is on the verge of entering the phase of maturity and is likely to be driven by the national and international mandates issued for assured safety. Some of the major organizations that are responsible for the issue of mandates are Safety of Life at Sea (SOLAS), and International Maritime Organization (IMO) among others.<\/p>\n<p style=\"text-align: justify;\"><strong>The important players of the voyage data recorder (VDR) market profiled in this MRFR report<\/strong> INTERSCHALT maritime systems GmbH (Germany), Danelec Marine A\/S (Denmark), Furuno Electric CO., Ltd. (Japan), Consilium AB (Sweden), Northrop Grumman Sperry Marine B.V. (UK), Japan Radio Co. Ltd. (Japan), Netwave Systems B.V. (The Netherlands), Beijing Highlander Digital Technology Co. Ltd. (China), Digital Control Systems International Ltd. (Greece), and Totem Plus Ltd. (Israel).<\/p>\n<p style=\"text-align: left;\"><strong>Get a FREE Report Sample with Complete TOC @&nbsp;<\/strong><a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/sample_request\/3757\">https:\/\/www.marketresearchfuture.com\/sample_request\/3757<\/a>&nbsp;<\/p>\n<p style=\"text-align: justify;\">VDRs are stored in a protective storage unit for the recovery of information in cases of accidents. Thus, the frequent naval disasters such as the USS Fitzgerald and MV ACX Crystal collision are likely to augment the voyage data recorder (VDR) market over the next couple of years.<\/p>\n<p style=\"text-align: justify;\">A drastic increase in demand for unmanned undersea vehicles (UUVs) is being observed with the accelerating adoption of technological advancements. The defense sector is focusing on the developments in the maritime sector for intelligence, ISR roles, mine countermeasures (MCM) operations, and anti-submarine warfare missions. This, in turn, is expected to propel the expansion of the global voyage data recorder (VDR) market over the next few years.<\/p>\n<p style=\"text-align: justify;\">South China Sea dispute is likely to unleash developmental opportunities to the market in the upcoming years. The direct and indirect involvement of the major countries is expected to attract massive inflow of investments towards the naval sector. This, in turn, is anticipated to catalyze the growth of the&nbsp;<a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/reports\/voyage-data-recorder-market-3757\">Voyage Data Recorder (VDR) Market<\/a>. On the flip side, the high cost of the next-gen black boxes is anticipated to check the expansion of the market through the review period.<\/p>\n<p style=\"text-align: justify;\"><strong>Industry News:<\/strong><\/p>\n<p style=\"text-align: justify;\">In April 2019, Furuno, a leading electronics company, aims at improving worldwide waterways navigation with the launch of FR1918 VBB, a 12-kW radar. It comes equipped with a direct link to a voyage data recorder.<\/p>\n<p style=\"text-align: justify;\"><strong>Intended Audience<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Ship manufacturers<\/li>\n<li>Naval authorities<\/li>\n<li>VDR manufacturers<\/li>\n<li>Naval&nbsp;organizations<\/li>\n<li>Government authorities<\/li>\n<li>Naval&nbsp;companies<\/li>\n<li>Research institutes<\/li>\n<li>Regulatory bodies<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Market Segmentation:<\/strong><\/p>\n<p style=\"text-align: justify;\">By type, the global voyage data recorder (VDR) market has been segmented into general voyage data recorder and simplified voyage data recorder. Among these, the general voyage data recorder segment held the lion&rsquo;s share of the market which accounted for 62.8% market share in 2016. It is also anticipated to thrive at the highest CAGR of 2.29% during the assessment period.<\/p>\n<p style=\"text-align: justify;\">By application, the voyage data recorder (VDR) market has been segmented into passenger ship, cargo ship, and naval ship. Among these, the cargo ships segment had control over 67% share of the market in 2016. It is presumed to retain its position through the forecast period reflecting a CAGR of 2.42% over the review period.<\/p>\n<p style=\"text-align: justify;\"><strong>Regional Analysis:<\/strong><\/p>\n<p style=\"text-align: justify;\">By region, the global voyage data recorder (VDR) market has been segmented into four regions, viz. North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected held a 40.4% share of the market in 2016 and is poised to retain its dominance through the assessment period. The U.S. and Canada are likely to invest in the development of the regional market. The regional voyage data recorder (VDR) market is forecasted to expand at 2% CAGR over 2023. Meanwhile, Europe is presumed to trail North America market in terms of market size. The U.K., France, Germany, and Russia are the major sub-markets of the region.<\/p>\n<p style=\"text-align: justify;\"><strong>Research Methodology<\/strong><\/p>\n<p style=\"text-align: justify;\">The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.<\/p>\n<p style=\"text-align: justify;\"><strong>Secondary Research<\/strong><\/p>\n<p style=\"text-align: justify;\">In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace &amp; defense magazines, white papers, corporate presentations, company websites, and paid databases.<\/p>\n<p style=\"text-align: justify;\"><strong>Primary Research<\/strong><\/p>\n<p style=\"text-align: justify;\">In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.<\/p>\n<p style=\"text-align: left;\"><strong>Browse Complete Report &#8220;Voyage Data Recorder (VDR) Market Research Report &#8211; Global Forecast till 2025&#8221;&nbsp;@&nbsp;<\/strong><a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/reports\/voyage-data-recorder-market-3757\">https:\/\/www.marketresearchfuture.com\/reports\/voyage-data-recorder-market-3757<\/a>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Table of Contents<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>1 Executive Summary<\/strong><br \/> 1.1. Market Attractiveness Analysis<br \/> 1.1.1. Global Voyage Data Recorder (Vdr) Market, by Type<br \/> 1.1.2. Global Voyage Data Recorder (Vdr) Market, by Application<br \/> 1.1.3. Global Voyage Data Recorder (Vdr) Market, by Region<\/p>\n<p style=\"text-align: justify;\"><strong>2 Market Introduction<\/strong><br \/> 2.1. Market Definition<br \/> 2.2. Scope of the Study<br \/> 2.3. Market Structure<br \/> 2.4. Key Buying Criteria<br \/> 2.5. Market Factor Indicator Analysis<\/p>\n<p style=\"text-align: justify;\"><strong>3 Research Methodology<\/strong><br \/> 3.1. Research Process<br \/> 3.2. Primary Research<br \/> 3.3. Secondary Research<br \/> 3.4. Market Size Estimation<br \/> 3.5. Forecast Model<br \/> 3.6. List of Assumptions<\/p>\n<p style=\"text-align: justify;\"><strong>Continued&#8230;&#8230;..<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>List of Tables<\/strong><\/p>\n<p style=\"text-align: justify;\">Table 1 Global Voyage Data Recorder (Vdr) Market, by Region, 2019&ndash;2025<br \/> Table 2 North America: Voyage Data Recorder (Vdr) Market, by Country, 2019&ndash;2025<br \/> Table 3 Europe: Voyage Data Recorder (Vdr) Market, by Country, 2019&ndash;2025<br \/> Table 4 Asia-pacific: Voyage Data Recorder (Vdr) Market, by Country, 2019&ndash;2025<br \/> Table 5 Middle East &amp; Africa: Voyage Data Recorder (Vdr) Market, by Country, 2019&ndash;2025<br \/> Table 6 Latin America: Voyage Data Recorder (Vdr) Market, by Country, 2019&ndash;2025<br \/> Table 7 Global Voyage Data Recorder (Vdr) Market Size, by Region, 2019&ndash;2025<br \/> Table 8 North America: Voyage Data Recorder (Vdr) Market Size, by Country, 2019&ndash;2025<br \/> Table 9 Europe: Voyage Data Recorder (Vdr) Market Size, by Country, 2019&ndash;2025<\/p>\n<p style=\"text-align: justify;\"><strong>Continued&#8230;&#8230;.<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>List of Figures<\/strong><\/p>\n<p style=\"text-align: justify;\">Figure 1 Research Process of Mrfr<br \/> Figure 2 Top-down &amp; Bottom-up Approaches<br \/> Figure 3 Market Dynamics<br \/> Figure 4 Impact Analysis: Market Drivers<br \/> Figure 5 Impact Analysis: Market Restraints<br \/> Figure 6 Porter&#8217;s Five Forces Analysis<br \/> Figure 7 Value Chain Analysis<br \/> Figure 8 Global Voyage Data Recorder (Vdr) Market Share, by Type, 2018 (%)<\/p>\n<p style=\"text-align: justify;\"><strong>Continued&#8230;&#8230;..<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Ask for your specific company profile and country level customization on reports.<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>About Market Research Future:<\/strong><\/p>\n<p style=\"text-align: justify;\">At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research &amp; Consulting Edibles.<\/p>\n<p style=\"text-align: justify;\">MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/marketresearchfuture.com_41092.html\" rel=\"nofollow\">Market Research Future<\/a><br \/><strong>Contact Person:<\/strong> Abhishek Sawant<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=voyage-data-recorder-2019-global-market-overview-vdr-industry-size-share-segmentsm-technologies-applications-verticals-strategies-and-regional-trends-by-forecast-2025\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> +1 646 845 9312<br \/><strong>Address:<\/strong>Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar  <br \/><strong>City:<\/strong> Pune<br \/><strong>State:<\/strong> Maharashtra<br \/><strong>Country:<\/strong> India<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.marketresearchfuture.com\/reports\/voyage-data-recorder-market-3757\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.marketresearchfuture.com\/reports\/voyage-data-recorder-market-3757<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.marketresearchfuture.com\/reports\/voyage-data-recorder-market-3757\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=voyage-data-recorder-2019-global-market-overview-vdr-industry-size-share-segmentsm-technologies-applications-verticals-strategies-and-regional-trends-by-forecast-2025\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Voyage Data Recorder (VDR) Market Global Voyage Data Recorder Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player&#8217;s Market Share Analysis, Competitive Landscape and &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/voyage-data-recorder-2019-global-market-overview-vdr-industry-size-share-segmentsm-technologies-applications-verticals-strategies-and-regional-trends-by-forecast-2025_433403.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,410,412,411,416],"tags":[],"class_list":["post-433403","post","type-post","status-publish","format-standard","hentry","category-Business","category-Manufacturing-Industry","category-News-Current-Affairs","category-Technology","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/433403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=433403"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/433403\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=433403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=433403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=433403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}