Land Mobile Radio Market - Rising Usage of LMR Systems in Military and Transportation Industry to Drive Market

The land mobile radio systems market is expected to foresee continuous growth in the near future due to the increasing importance of efficient mission-critical operations and the expansion of Long Term Evolution (LTE) network, which is leading to higher demand for LTE-integrated LMR devices.

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The presence of several large and small players and the continuous influx of a number of new players owing to the rising demand has made the vendor landscape of the global land mobile radio market largely fragmented and highly competitive, observes Transparency Market Research in a recent report.

With the view of staying ahead of competitors, companies are ploughing in more resources into innovations, refinement of products through the integration of high-speed cellular networks and other technologies, and expansion across new regional markets.

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In terms of type, the segment of hand portable land mobile radio systems accounted for a dominant 55.9% of the overall market in 2013. This can be attributed to the vast applications of hand portable LMR systems in defense and government sectors for enabling effective communication in harsh environmental conditions.

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Some of the key factors driving the global LMR systems market are the vast rise in number of mission critical communication operations being undertaken in a number of industries and the steady expansion of LMR systems integrated with LTE networks. The market is also benefitting from the rising usage of LMR systems in transportation and military applications. Over the next few years, the market is expected to benefit from the rising usage of LMR systems for corporate communications.

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