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Land Mobile Radio Market to Reach US$ 6,408.5 Mn at CAGR of 10.9 % by 2025 | Top Countries Data by The Insight Partners
According to the new research report published by The Insight Partners, titled "Land Mobile Radio Market - Global Analysis and Forecast to 2025", the global land mobile radio market is expected to reach US$ 16,226.1 million in 2025, registering a CAGR of 10.9% during the forecast period 2017-2025.The Land Mobile Radio market has experienced high growth and adoption rate in the last few years and is also expected to experience a significant growth and adoption rate in years to come.Land Mobile Radio Market: Competitive Landscape and Key Developments
The key companies profiled in this report include Harris Corporation, Motorola Solutions, Inc, Simoco Telecommunications Ltd., RELM Wireless Corporation (BK Technologies), Hytera Communications Corporation Limited, Tait Communications Ltd., Thales Group, Icom Inc, JVC Kenwood Corporation, and Cartel Communication Systems Inc. One of the major reason for the high adoption of Land Mobile Radios is the needs of users and regulatory bodies encouraging the move towards digital mobile technology from analog.
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This move in technology aids in the improvement of spectral efficiency and take advantage of both voice and data. Clear, reliable communication across the service area, customized and cost-effective communications with integrated data communications are some of the major drivers bolstering the land mobile radio market
Other than the demand for LMR technology in public safety organizations, the demand for this technology is highly increasing in private organizations. 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. The widely used LMR in the commercial sector is the portable radios owing to its small size and easy use. Also, 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 prone 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 land mobile radio market.
Land Mobile Radio Market: Key Insights - Future Trend
Operations in the earlier times used to have LMR devices that supported only voice communication with no integration and no data communication. In critical missions, there have been various cases where the responders needed to access data-intensive applications, share videos, or search databases. Unable to access such information was a huge lag in mission-critical communication
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This increased the demand for a communication technology with the voice as well as data communication. Public safety professionals demanded the need for a reliable broadband communication system for aiding in their life-saving missions, such as Long Term Evolution (LTE). The 3rd Generation Partnership Project (3GPP) is in charge of the LTE market and working on providing the LTE broadband communication system to public safety organizations.
Land Mobile Radio Market: Segmental Overview
This LTE broadband technology will provide a wide variety of features to the organizations for an information-driven battlefield. Many of the large players in the market such as Harris Corporation, Motorola, Kenwood, Hytera, and others, have already incorporated LTE and are providing products with a combination of LTE/LMR solutions. Military and commercial sector safety personnel operating across the U.S. use a different type of radio systems including vehicle-mounted, handheld and airborne radios are operating at different frequencies for voice and data communication. Companies operating in North America are continuously developing advanced communication solutions in accord with the particular demand of countries within the region.
The global land mobile radio market is segmented based on technology, i.e. analog and digital. The digital segment is expected to hold the prominent market share during the forecast period. Digital mobile radios provide a low-complexity digital standard to replace the analog radio. Whereas, digital radios operate in digital mode using binary numbers to transmit voice digitally.
This helps to transmit a much clearer. Furthermore, these digital radios can distinguish background noises and choose not to transmit it. Digital radios have various technologies of operation; they are namely DMR, TETRA, P25 and others (NXDN, dPMR, and MPT1327).
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For instance, the market in the U.S. is undergoing a modernization cycle driven by wideband technology leading a swift transition to the development of wideband communication systems. The U.S. army chose Harris Corporation to supply 2-channel vehicular radio system, the AN/VRC-118 which uses the DoD- developed wideband networking waveform. Under commercial application, large utility companies seeking wide area and multi-state LMR systems are also driving the growth of the market in the U.S.
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Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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