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Land Mobile Radio (LMR) System Market Size, Share, Development by 2024– Top Key players like Airbus DS,Codan Radio,Icom,Inc.
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Land mobile radio (LMR) system is a regularly interacting group of radio base, mobile, and associated control and fixed relay stations intended to provide LMR communications service over a single area of operation. The term mobile refers to movement of the radio, rather than association with a vehicle; hence mobile radio encompasses handheld and portable radios.
With the migration from analogue to digital technologies forecast to gather pace in the coming years, many countries are seeking to upgrade their communications systems to a digital solution. This migration presents a significant opportunity for infrastructure and system integration suppliers as these new networks are selected and rolled out.
The land mobile radio (LMR) system 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.
According to this study, over the next five years the Land Mobile Radio (LMR) System market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 20300 million by 2024, from US$ 15200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Land Mobile Radio (LMR) System business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Motorola Solutions
Airbus DS
KENWOOD Corporation
Codan Radio
Icom
Hytera
Simoco
Harris Corporation
Sepura
Tait Communications
Selex ES S.p.A
Neolink
Market Segment by Type, covers
Analog
Digital
Market Segment by Applications, can be divided into
Public Safety
Public Utilities
Commerce & Industry
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Related Information:
North America Land Mobile Radio (LMR) System Market Growth 2019-2024
United States Land Mobile Radio (LMR) System Market Growth 2019-2024
Asia-Pacific Land Mobile Radio (LMR) System Market Growth 2019-2024
Europe Land Mobile Radio (LMR) System Market Growth 2019-2024
EMEA Land Mobile Radio (LMR) System Market Growth 2019-2024
Global Land Mobile Radio (LMR) System Market Growth 2019-2024
China Land Mobile Radio (LMR) System Market Growth 2019-2024
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