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Land Mobile Radio Market to 2025 – Harris, Motorola Solutions, Simoco Telecommunications, JVC Kenwood, RELM Wireless, Hytera Communications, Tait Radio Communications, Icom

03-15-2019 12:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Land Mobile Radio Market

Land Mobile Radio Market

The global Land Mobile Radio Market is expected to grow from US$ US$ 7081.4 Mn in 2017 to US$ 16226.1 Mn by 2025 at a CAGR of 10.9% between 2017 and 2025.

A sophisticated radio trunking device that allows two-way radio communication for critical information pass on services and other such applications is a land mobile radio. LMR is being widely used by governments and enterprises for the simplicity of communication it brings for the users. It caters to the services of terrestrial users to communicate with each other. With the rising demand for LMR technology from the private organizations, the market for LMR will grow in the coming years. LMR systems are highly being used in the commercial sector that includes utilities, transportation, industrial, logistics, security, and several others. Mostly, the companies that are in daily business operations require this technology more than the others in the commercial sector.

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The List of companies

1. Harris Corporation
2. Motorola Solutions, Inc.
3. Simoco Telecommunications Ltd.
4. JVCKenwood Corporation
5. RELM Wireless Corporation
6. Hytera Communications Corporation Limited
7. Tait Radio Communications Limited
8. Thales Group
9. Icom Inc.
10. Cartel Communication Systems Inc.

The widely used LMR in the commercial sector is the portable radios owing to its small size and easy use. Furthermore, as the construction are increasing in various geographies at a high rate, owing to several factors such as the development of smart cities, making constructions resilient to disasters, and construction of high rise buildings, the demand for land mobile radios is increasing on the site of development for communication. Therefore, the rising demand for LMR technology from private organizations is driving the market of land mobile radios.

Land Mobile Radio Market to 2025 – Global Analysis and Forecasts by Type (Hand portable and In-vehicle), Technology (Analog, Digital, TETRA, DMR, P25 and Others), Frequency (25-174 VHF, 200-512 UHF and 700 MHz & above) and Application (Commercial, Industrial and Public Safety & Government)

In our study, we have segmented the LMR market by type, technology, frequency, and application. The type segment of LMR market includes hand portable and in-vehicle. On the basis of technology, the LMR market is segmented into analog and digital. The digital technology is further segmented into TETRA, DMR, P25, and others. Moreover, the market for LMR is bifurcated on the basis of frequency into 25-174 MHz (VHF), 200-512 MHz (UHF), and 700 MHz and above. On the basis of applications, the market is bifurcated into commercial, industrial, and public safety and government. On the basis of geography, the LMR market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

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Reasons to Buy

Highlights key business priorities in order to assist companies to realign their business strategies.

- The key findings and recommendations highlight crucial progressive industry trends in the modular data center market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Call: +1-646-491-9876

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