Global Voyage Data Recorder (VDR) Market Information Report by Type (General Voyage Data Recorder, and Simplified Voyage Data Recorder), by Application (Passenger Ship, Cargo Ship and Naval Ship), and by Regions (North America, Europe, Asia Pacific and Rest of the World) - Global Forecast To 2023Market ScenarioVoyage data recorder (VDR) is a record-keeping device, invented specifically to be installed in a watercraft.
It gathers information from different sensors on board, and stores it in an externally mounted protective storage unit.
This recording is recovered, in a compressed and digitized format, and is used for investigation in the event of accidents.
In addition, the demand for unmanned undersea vehicles (UUVs) is continuously increasing for naval intelligence, mine countermeasures (MCM) operations, ISR roles, and anti-submarine warfare missions.
The VDR market also has various opportunities such as tapping into the naval sector, and equipment with the unmanned undersea vehicles.The global voyage data recorder is expected to grow at 2.25% CAGR during the forecast period.
In 2016, the market was led by North America, with a 40.4% share, followed by Europe, China, Japan and ROW with shares of 33%, 11.6%, 8.4% and 6.7%, respectively.The voyage data recorder market has been segmented based on types, applications, and regions.
