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.).
Global Voyage Data Recorders (VDR) key players include Japan Radio Co, Furuno, Orolia Maritime, Danelec Marine, Interschalt Maritime Systems, etc. Global top five players hold a share about 60%.
Europe is the largest market, with a share about 35%, followed by China and Japan, having a total share about 45 percent.
In terms of product, General Voyage Data Recorder is the largest segment, with a share about 60%. And in terms of application, the largest application is Cargo Ship, followed by Cargo Ship, Naval Ship, etc.

Market Analysis and Insights: Global Voyage Data Recorders (VDR) Market
In 2020, the global Voyage Data Recorders (VDR) market size was US$ 809 million and it is expected to reach US$ 950.3 million by the end of 2027, with a CAGR of 1.6% between 2021 and 2027
Global Voyage Data Recorders (VDR) Scope and Market Size
The global Voyage Data Recorders (VDR) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Voyage Data Recorders (VDR) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
General Voyage Data Recorder
Simplified Voyage Data Recorder

Segment by Application
Passenger Ship
Cargo Ship
Naval Ship
Others

By Company
Japan Radio Co
Furuno
Navis
Consilium
L-3 Communications
Wartsila SAM Electronics
Kongsberg Maritime
Beijing Highlander
Raytheon Anschutz
Danelec Marine
Kelvin Hughes
Maretron

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE