Press release
Global Land Mobile Radio Market Share, Demand, Growth, Size, Revenue Analysis, Top Players and Forecast 2032 | Motorola Solutions Inc., Harris Corporation, Cartel Communication Systems Inc., BK Technologies, TE Connectivity Ltd.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the Land Mobile Radio market report by The Business Research Company, An 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).
The global land mobile radio market size grew from $15.4 billion in 2022 to $17.96 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. 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, causing inflation across goods and services, and affecting many markets across the globe. The land mobile radio market size is expected to grow to $29.97 billion in 2027 at a CAGR of 13.7%.
Read More On The Land Mobile Radio Market Report Here:
https://www.thebusinessresearchcompany.com/report/land-mobile-radio-global-market-report
Major competitors in the Land Mobile Radio Market Include 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 Land Mobile Radio Market Is Segmented -
• By Type: Hand Portable, In-Vehicle (Mobile)
• By Technology: Analog, Digital
• By Frequency: 25-174 (VHF), 200-512 (UHF), 700 MHZ And Above
• By Application: Commercial, Public Safety, Mining, Oil and Gas, Energy, Defense, Transportation, Construction, Other Applications. North America was the largest region in the land mobile radio market in 2022.
Request A Free Sample Of The Land Mobile Radio Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5837&type=smp
Land mobile radio (LMR) is a wireless communications technology that is primarily utilised for vital communications by public safety groups such as police, firefighters, and other emergency response organizations. LMR systems are widely used in the commercial world, including industrial, transportation, utilities, security, logistics, and even the military, in addition to the public safety sector. It enables push-to-talk two-way communication between radio transceivers.
The Table Of Content For The Land Mobile Radio Market 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
The "Global Land Mobile Radio Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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