Land Mobile Radio Market Analysis and Demand with Forecast to 2023


Posted December 26, 2018 by sakkk18

Global Land Mobile Radio Market Research Report — By Type (In-vehicle & Hand Portable), by Technology (Analog & Digital), Frequency (VHF & UHF), By End-users- Forecast till 2023

 
Market Overview

Land Mobile Radio (LMR) is a communication device, popularly known as two-way radios or walkie-talkies which are generally used by security personnel and used in taxis and police vans. The LMR system is a terrestrially-based specialized push to talk wireless communication system largely used for critical communications by public safety organizations such as police and firefighters. LMR systems are also commonly used in the commercial sector, finding their applications in utilities, industrial, transportation, security, logistics and defense & military.

The Global Land Mobile Radio market is expected to reach approximately USD 25.65 billion by 2023 growing with an approximate 16% CAGR over the forecast period 2017-2023

Globally, the Land Mobile Radio (LMR) Market is expected to have significant growth over the forecast period. Emergence of push-to-talk over cellular systems and increasing demand for public security equipment are expected to be driving factors for the development of Land Mobile Radio Market over the next few years.

The Land Mobile Radio market is differentiated by type, technology, frequency, and end-users.

By type, the land mobile radio market is sub-segmented as in-vehicle and hand portable. On the basis of technology, the market is bifurcated into analog technology and digital technology. Additionally, digital technology is governed by different standards namely P25, Tetra, DMR, and others (dPMR, NXDN)

Depending on the frequencies, the market is sub-segmented into very high frequency (VHF), Ultra high frequency (UHF), and others. VHF is further categorized into low band, which ranges the from 30MHz to 50 MHz, and high band frequencies which range from 152 MHz to 174 MHz. Moreover, the UHF ranges from 450 MHz to 512 MHz. Other frequencies consist of 700 MHz, 800 MHz, and 900 MHz. Lastly, on the basis of end-users, the market is categorized as defense & military, real estate & construction, transportation, retail, and others.

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Key Players

Some of the key players of Land Mobile Radio Market Harris Corporation (U.S.), AIRBUS DS Communications (U.S.), Raytheon (U.S.), Motorola Solutions Inc. (U.S.), Simoco Wireless Solutions (U.K.), JVC Kenwood Corporation (U.S.), Thales SA (France), RELM Wireless Corporation (U.S.), Hytera (China), and Tait Radio Communications Limited (New Zealand).

Regional Analysis

Geographically, the Land Mobile Radio Market is categorized into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World.

North America is presumed to have significant growth in the land mobile radio market. The United States and Canada are the leading countries in the market. The growth in this region is attributed to the presence of telecom giants such as AT&T which are working on Push-to-Talk communication which offers LTE network-optimized solution for IP integration with Land Mobile Radio. European countries such as the U.K, Germany, and France are expected to have a significant contribution to the market owing to a rapid increase in demand OF LMR in the telecom sector. Additionally, Asia Pacific is expected to have a substantial growth in LMR market over the forecast period. The market growth is due to surge in demand for the purpose of security and surveillance.

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Issued By MRFR
Country India
Categories Aerospace , Business , Research
Tags Land Mobile Radio Market , Land Mobile Radio Market Size , Land Mobile Radio Market Share , Land Mobile Radio Market trends , Land Mobile Radio Market analysis , Land Mobile Radio Market Growth , Land Mobile Radio Market futurescope
Last Updated December 26, 2018