Land Mobile Radio Market is expected to undergo a CAGR of 21.85% during the forecast period 2021 to 2028.
Market Analysis and Insights Land Mobile Radio Market
Land mobile radio market will reach at an estimated value of USD 36.23 billion by 2028 and grow at a CAGR of 11.95% in the forecast period of 2021 to 2028. Rise in the upgradations and enhancements of critical communication operations is an essential factor driving the land mobile radio market.
Land mobile radio systems are the terrestrially-based wireless communications systems that are commonly used by the state, federal, local, territorial and tribal emergency responders, public works companies and the military for supporting low-speed and voice data communications. These systems typically comprises of mobile radios, handheld portable radios, a network, repeaters and base stations. LMR systems are the pivotal part in the voice communications among the public safety personnel along with their enhancement for providing mission critical features.
Rise in the demand for reliable and cost effective land mobile radio systems acts as a crucial factor accelerating the market growth, also rise in the applications in the major industries such as transportation and military defense, increase in the transitions of land mobile radios from analog to digital and rise in the research and development activities in the market acts as the major factor among others boosting the land mobile radio market. Moreover, rise in the technological advancements and modernization in the production techniques and rise in the demand from the emerging economies will further create new opportunities for land mobile radio market in the forecast period mentioned above.
Land Mobile Radio Market Scope
Land mobile radio market is segmented on the basis of type, technology, frequency, device and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of type, land mobile radio market is segmented into hand portable and in-vehicle.
· Based on technology, the land mobile radio market is segmented into analog and digital.
· Based on frequency, the land mobile radio market is segmented into 25-174 VHF, 200-512 UHF, 700 MHz and above.
· Based on device, the land mobile radio market is segmented into gateways, transceivers and LMR handlers.
· The land mobile radio market is also segmented on the basis of application into commercial and public safety.
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Land Mobile Radio Market Country Level Analysis
The countries covered in the land mobile radio market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Competitive Landscape and Land Mobile Radio Market Share Analysis
The Land Mobile Radio Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Land Mobile Radio Market.
Key Players Land Mobile Radio Market
- Sepura Limited
- Motorola Solutions Inc.
- Harris Corporation
- JVCKENWOOD Corporation
- Thales Group
- Raytheon Company
- Hytera Communications Corporation Limited
- BK Technologies
- Tait Communications
- ARTEL VIDEO SYSTEMS
- Codan Communications
- Cisco Systems Inc.
- Exacom Inc.
- Icom America Inc.
- Midland Radio
- Uniden America Corporation
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Land Mobile Radio Market by Product Procedure type
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