Land Mobile Radio Market To Reach USD 25.65 Billion By 2023 | Harris, AIRBUS, Raytheon, Motorola, Simoco Wireless, Thales, RELM Wireless and Tait Radio Communications

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

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

Market Scenario

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.

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With the advent of technology, the conventional land mobile radio (Analog LMR system) has been transformed into digital LMR system which is more compatible with voice and data. Unlike analog LMR system which works on dedicated frequencies and channels allotted to individual groups of users, digital LMR systems have evolved as more advanced trunked systems. With the help of computer-controlled access, the trunked systems facilitate channels to be shared among a large group of users.

Increasing demand for public security and the emergence of push-to-talk over cellular systems are expected to be major driving factors for the growth of land mobile radio market over the forecast period. On the other hand, replacement and upgrade cycles for LMR System are considered to be a challenging factor for the growth of the market.

Key Players

Some of the key players of Land Mobile Radio market include 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).

Segmentation

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 LMR. 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 frequency which ranges from 30MHz to 50 MHz, and high band frequencies which range from 152MHz to 174 MHz. Whereas, 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.

Regional Analysis

Geographically, the Land Mobile Radio market is segmented 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 U.S. and Canada are leading countries in the market owing to continuous innovation to develop sophisticated land mobile radios which is expected to increase the demand for portable land mobile radio market over the forecast period. Additionally, Asia Pacific is expected to have significant growth in the market with China, Japan, South Korea, and India leading the region. The market growth is primarily attributable to the increasing security concerns and public safety measures.

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Table of Contents

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure

3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model

4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power of Suppliers
4.2 Value Chain/supply Chain of Global Land Mobile Radio Market

5 Industry Overview of Global Land Mobile Radio Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges

6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis

Continued........

List of Tables

Table1 Global Land Mobile Radio Market: by Region, 2017-2023
Table2 North America Land Mobile Radio Market: by Country, 2017-2023
Table3 Europe Land Mobile Radio Market: by Country, 2017-2023
Table4 Asia Pacific Land Mobile Radio Market: by Country, 2017-2023
Table5 the Middle East & Africa Land Mobile Radio Market: by Country, 2017-2023
Table6 Latin America Land Mobile Radio Market: by Country, 2017-2023
Table7 Global Land Mobile Radio by Type Market: by Regions, 2017-2023
Table8 North America Land Mobile Radio by Type Market: by Country, 2017-2023
Table9 Europe Land Mobile Radio by Type Market: by Country, 2017-2023
Table10 Asia Pacific Land Mobile Radio by Type Market: by Country, 2017-2023

Continued........

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