The Land Mobile Radio Market Is Expected To Witness Surge in Growth Exponentially By 2031
The global land mobile radio market report by the business research company identifies the increase in the usage of land mobile radio (LMR) systems in military applications is expected to drive the growth of the land mobile radio market over the coming years. Military installations all over the world employ a wide range of specialised radio systems that operate on frequencies ranging from extremely low frequencies (ELF) to super-high frequencies (SHF). Tactical, data, SATCOM, and other specialised communications are all carried out on these bands. The military relies on essential radio communications to coordinate deployments and response actions at its bases around the world. The LMR network allows military emergency services to communicate with other federal, state, and local public safety agencies securely.The global land mobile radio market is expected to grow from $13.19 billion in 2021 to $15.4 billion in 2022 at a compound annual growth rate (CAGR) of 16.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The land mobile radio market is expected to grow to $25.22 billion in 2026 at a CAGR of 13.1%.
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North America was the largest region in the land mobile radio market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the land mobile radio market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the land mobile radio market are Motorola Solutions Inc., Harris Corporation, Cartel Communication Systems Inc, BK Technologies, TE Connectivity Ltd, Sepura Ltd., Simoco Telecommunications Ltd., JVC Kenwood Corporation, Nokia Networks B.V., Thales Group, TTG Global Ltd., Codan Communications, Midland Radio Corporation, EF Johnson Technologies Inc., and Airbus DS Communications.
The global land mobile radio market is segmented -
1) By Type: Hand Portable, In-Vehicle (Mobile)
2) By Technology: Analog, Digital
3) By Frequency: 25-174 (VHF), 200-512 (UHF), 700 MHZ And Above
4) By Application: Commercial, Public Safety, Mining, Oil and Gas, Energy, Defense, Transportation, Construction, Other Applications
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The Land Mobile Radio Market Report Contents Include
1. Executive Summary
2. Land Mobile Radio Market Characteristics
3. Land Mobile Radio Market Trends And Strategies
4. Land Mobile Radio Market - Macro Economic Scenario
5. Land Mobile Radio Market Size And Growth
....
26. Africa Land Mobile Radio Market
27. Land Mobile Radio Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Land Mobile Radio Market
29. Land Mobile Radio Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the land mobile radio market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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