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Terrestrial Trunked Radio (TETRA) Market key players operating | Bitea Limited, Rohill Engineering B.V., Sepura PLC (UK), and Cellular Systems A/S

05-17-2019 06:59 AM CET | IT, New Media & Software

Press release from: TMR Research

Terrestrial Trunked Radio (TETRA) Market key players operating

Terrestrial Trunked Radio (TETRA) Market: Overview

The demand for TETRA is also forecasted to increase in the coming years on account of the growing penetration of professional mobile radio (PMR) organizations. The growing usage of TETRA networks in the military and defense applications will further the growth of the market. Additionally, the high demand for consumer electronics will also help in furthering the growth of the global terrestrial trunked radio market.

Terrestrial Trunked Radio (TETRA) Market: Key Trends

The rising need for mission critical communication and radio communication devices to shift from analog to digital will create a heightened demand for the deployment of terrestrial trunked radio worldwide. The use of terrestrial trunked radio for supporting the disaster relief and next generation public protection communications infrastructure will also push the market towards growth. In addition to this, the increasing need for efficient communication for home security and also for emergency medical services will ensure a growth of the TETRA market in the coming years. However, the installation cost of TETRA networks is very high and can pose a challenge for the growth of the market.

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Terrestrial Trunked Radio (TETRA) Market: Market Potential

The military and defense sector is the largest applications segment for the TETRA market. Portable radios with inbuilt TETRA are catering to the needs of critical communication needs in the military and defense sector, which require seamless operation.

Companies such as Hytera Communications Corporation Limited, have developed PT580H Plus, which has tamper proof protection, making the device more secure. The data stored in the radio is thus protected from security attacks. Such innovations in the industry are likely to boost the adoption rates and thus drive the market for terrestrial trunked radio in the future.

Terrestrial Trunked Radio (TETRA) Market: Regional Outlook

On the basis of geography, the global terrestrial trunked radio market is segmented into Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. Of these, Asia Pacific is projected to hold key shares in the market on account of the growing acceptance of TETRA networks and a rise in the focus on critical communication operations. North America is expected to be second leading regional segment. Europe is expected to be one of the lucrative markets for TETRA on account of high adoption of these networks for both commercial and public applications. Moreover, the presence of a large number of established vendors is also proving to be beneficial for the growth of the market in the region.

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Terrestrial Trunked Radio (TETRA) Market: Competitive Landscape

The key players operating in the Terrestrial Trunked Radio market includes Motorola Solutions, Inc. (The U.S), Simoco Group (U.K), Hytera Communications Corporation Limited (The U.S), Airbus Defense and Space Corporation (France), Bitea Limited (U.K), Rohill Engineering B.V. (Netherlands), Sepura PLC (UK), and Cellular Systems A/S (Denmark).

The study presents reliable qualitative and quantitative insights into:

Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Key trends/opportunities/challenges
Forces defining present and estimated future state of the competitive landscape
Technological developments
Value chain and stakeholder analysis

The regional analysis covers:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

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