Land Professional Mobile Radio Market 2022 Strategic Assessments - Hytera Communications Corporation Ltd, ICOM Inc., L3Harris Technologies, Inc., Leonardo SpA

The Land Professional Mobile Radio Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Land Professional Mobile Radio Market is expected to register a CAGR of 11.3% during the forecast period (2022 - 2027).

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Top Leading Companies of Land Professional Mobile Radio Market are Hytera Communications Corporation Ltd, ICOM Inc., L3Harris Technologies, Inc., Leonardo SpA, Motorola Solutions, Inc., Simoco Wireless Solutions Limited, Tait Communications, Thales Group, Sepura Limited, BK Technologies, Inc. and others.

Industry News and Updates

June 2022: Sepura PLC completed its strategic agreement with Mexico city Police to provide Sepura SC20 and STP9200 models for their help in the public safety process. Moreover, the smart user interface of SC20 and STP9200 helped Mexico city police to complete their tasks efficiently and quickly.

- Oct 2019: Tait Communications expanded its TP9000 by introducing two new products (TP9500, TP9600) in its existing product line. This product is incorporated with active noise cancelation features, which can help the first responders and other users to work efficiently in high-noise workplaces.

Key Market Trends

North America holds the Largest Market Share for this Market

- The rapid demand for LMR solutions is fuelling the growth of this market. The united states have 12 agencies that function under the Public Safety Department. Moreover, it has a public safety department for each State and a few private institutes and firms that are following their public safety initiative.

- The high adoption of innovative LMR solutions and rapid investment in extensive research works are driving the growth of this market. Moreover, P25, a group of standards for digital mobile radio communications in North America, provides the capability to transfer voice and data, which is very useful for any public safety organization. Furthermore, different government initiatives are also propelling the growth of this market. For instance, the Ontario government in Canada invested USD 765 million to rebuild core components of the aging Public Safety Radio Network (PSRN).

- Major vendors in this market are focusing on incorporating intelligent solutions to provide a unique experience for its customers. For instance, in 2022, Ericsson deployed a mission-critical-push-to-talk (MCPTT) solution to Southern Linc, a regional carrier based out of the southeast US. However, Ericsson also completed its agreement to acquire Gennaker, which will strengthen EricssonÕs MC-PTT offering for mission-critical communications.

Regional Outlook of Land Professional Mobile Radio Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Land Professional Mobile Radio Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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