Market Analysis and Insights : Global Land Mobile Radio Market

Market Analysis and Insights : Global Land Mobile Radio Market
Land mobile radio market will reach at an estimated value of USD 36.23 billion by 2028 and grow at a CAGR of 11.95% in the forecast period of 2021 to 2028. Rise in the upgradations and enhancements of critical communication operations is an essential factor driving the land mobile radio market.
Land mobile radio systems are the terrestrially-based wireless communications systems that are commonly used by the state, federal, local, territorial and tribal emergency responders, public works companies and the military for supporting low-speed and voice data communications. These systems typically comprises of mobile radios, handheld portable radios, a network, repeaters and base stations. LMR systems are the pivotal part in the voice communications among the public safety personnel along with their enhancement for providing mission critical features.
Rise in the demand for reliable and cost effective land mobile radio systems acts as a crucial factor accelerating the market growth, also rise in the applications in the major industries such as transportation and military & defense, increase in the transitions of land mobile radios from analog to digital and rise in the research and development activities in the market acts as the major factor among others boosting the land mobile radio market. Moreover, rise in the technological advancements and modernization in the production techniques and rise in the demand from the emerging economies will further create new opportunities for land mobile radio market in the forecast period mentioned above.
However, increase in the limitations in the spectrum bandwidths and high manufacturing and setup costs are the major factors among others restraining the market growth, and will further challenge the land mobile radio market in the forecast period mentioned above.
This land mobile radio market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on land mobile radio market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Land Mobile Radio Market Scope and Market Size
Land mobile radio market is segmented on the basis of type, technology, frequency, device and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of type, land mobile radio market is segmented into hand portable and in-vehicle.
• Based on technology, the land mobile radio market is segmented into analog and digital.
• Based on frequency, the land mobile radio market is segmented into 25-174 VHF, 200-512 UHF, 700 MHz and above.
• Based on device, the land mobile radio market is segmented into gateways, transceivers and LMR handlers.
• The land mobile radio market is also segmented on the basis of application into commercial and public safety.

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