According to a market report by Lucintel, the future of the land mobile radio market looks promising with opportunities in the commercial and public safety industries. The land mobile radio market is expected to grow with a CAGR of 14% from 2019 to 2024. The major drivers for this market are rising demand for inexpensive and reliable land mobile radios, transition of land mobile radios from analog to digital, and growth of internet of things (IoT) devices.
In this market, hand portable and in-vehicle (mobile) are the major product types. Hand portable is the largest product type market. Within the land mobile radio market, commercial and public safeties are the major end use industries. Commercial is the largest segment for land mobile radio. Analog and Digital (TETRA, DMR, P25, TETRAPOL, NXDN, dPMR) are the major technology segments of the land mobile radio market. North America will remain the largest market over the forecast period.
Sepura., Motorola Solutions., Harris Corporation, Jvckenwood Corporation, Thales, Raytheon, RELM Wireless Corporation, Hytera Communications, Tait Radio Communications, and Simoco are among the major manufacturers of land mobile radio.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the land mobile radio market by type, technology, frequency, application, frequency, and region. Lucintel has prepared a comprehensive research report entitled “Land Mobile Radio Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the land mobile radio market by product type, technology, frequency, application and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
• Hand Portable
• In-Vehicle (Mobile)
By Technology [$M shipment analysis for 2013 – 2024]:
• Analog
• Digital (TETRA DMR P25)
By Frequency [$M shipment analysis for 2013 – 2024]:
• 25-174 (VHF)
• 200-512 (UHF)
• 700 MHZ & Above
By Application [$M shipment analysis for 2013 – 2024]:
• Commercial
o Retail
o Transportation
o Others
• Public Safety
o Military and Defense
o Home Security
o Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– Germany
– UK
– Italy
• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the Land mobile radio market, by product type (hand portable and in-vehicle (Mobile)), technology (analog and digital (TETRA DMR P25)), frequency (25-174 (VHF), 200-512 (UHF), and 700 MHZ & above), application (commercial and public safety), and region (North America, Europe, Asia Pacific (APAC), Rest of the World (ROW))?
Q.2 which segments will grow at a faster pace and why?
Q.3 which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the land mobile radio market?
Q.5 what are the business risks and threats to the land mobile radio market?
Q.6 what are emerging trends in this land mobile radio market and the reasons behind them?
Q.7 what are some changing demands of customers in the land mobile radio market?
Q.8 what are the new developments in the land mobile radio market? Which companies are leading these developments?
Q.9 who are the major players in this land mobile radio market? What strategic initiatives are being implemented by key players for business growth?
Q.10 what are some of the competitive products and processes in this land mobile radio area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, land mobile radio market?