Terrestrial Trunked Radio (TETRA) Market– Global Forecast to 2022

"Terrestrial Trunked Radio (TETRA) Market by Component (Hardware, and Software), Device Type (Portable, and Vehicular), Application (Commercial, and Public Safety), and Geography – Global Forecast to 2022＂published in April 2017. It is a professional and in-depth study.

“Terrestrial trunked radio market to grow at a CAGR of 17.08% between 2017 and 2022”
The terrestrial trunked radio market is expected to reach USD 4.40 billion by 2022, at a CAGR of 17.08% between 2017 and 2022. The major reason for the growth of the terrestrial trunked radio is the growing demand for mission critical communications globally, transition of radio communication devices from analog to digital, and growing use of mobile radio communications in the transportation industry. High infrastructure cost for TETRA networks is a major restraining factor for the growth of the terrestrial trunked radio market.

“Military and defense drives the terrestrial trunked radio market; it held the largest market share in 2016.”
Military and defense is the largest application driving the growth of TETRA for mission critical operations. Portable and vehicular radios are now available with inbuilt world class standard TETRA to cater to the needs of critical and seamless communications in military and defense, and homeland security. These factors are expected to propel the growth of the terrestrial trunked radio market for defense and homeland security applications.

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“Asia Pacific is expected to be the fastest-growing market.”
This report covers the terrestrial trunked radio market in North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). The terrestrial trunked radio market in APAC is expected to grow at the highest CAGR between 2017 and 2022. Europe is the largest region for the terrestrial trunked radio market. The high adoption of TETRA networks in public and commercial applications, and presence of established players are some of the important factors that have contributed to the growth of the terrestrial trunked radio market in this region.

Breakdown of profile of primary participants:
• By Company Type: Tier 1 – 35%, Tier 2 – 30%, and Tier 3 – 35%
• By Designation: C-Level Executives – 40%, Directors – 35%, and Others – 25%
• By Region: North America – 25%, Europe – 35%, APAC – 35%, and RoW – 5%

The key players in the terrestrial trunked radio market profiled are
Motorola Solutions, Inc. (US), Airbus Defense and Space Corporation (France), Hytera Communications Corporation Limited (China), JVCKENWOOD Corporation (Japan), Sepura PLC (UK), Simoco Group (UK), DAMM Cellular Systems A/S (Denmark), Rohill Engineering B.V. (Netherlands), Bitea Limited (UK), and Rolta India Limited (India). 

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Reasons to Buy the Report:
• This report includes market statistics pertaining to components, device types, applications, and geographies, along with their respective market sizes.
• Major drivers, restraints, challenges, and opportunities for the growth of the terrestrial trunked radio market have been offered in this report.
• Illustrative segmentation, analysis, and forecast by component, device type, application, and geography have been conducted to provide an overall view of the terrestrial trunked radio market.
• This report will help stakeholders better understand their competitors and gain insights on ways to improve their position in the business. The competitive landscape section includes the competitor ecosystem, new product developments, and contracts.

Some points from Table of Contents
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 GEOGRAPHIC SCOPE 16
1.3.3 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 List of major secondary sources 19
2.1.1.2 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Primary interviews with experts 20
2.1.2.2 Key data from primary sources 21
2.1.2.3 Key industry insights 22
2.1.2.4 Breakdown of primaries 22
2.1.3 SECONDARY AND PRIMARY RESEARCH 23
2.2 MARKET SIZE ESTIMATION 23
2.2.1 BOTTOM-UP APPROACH 23
2.2.1.1 Approach for capturing the market share by bottom-up analysis (demand side) 24
2.2.2 TOP-DOWN APPROACH 25
2.2.2.1 Approach for capturing the market share by top-down analysis (supply side) 25
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 26
2.4 RESEARCH ASSUMPTIONS 27

3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 32
4.1 TERRESTRIAL TRUNKED RADIO MARKET, 2017–2022 (USD BILLION) 32
4.2 TERRESTRIAL TRUNKED RADIO MARKET, BY COMPONENT 32
4.3 TERRESTRIAL TRUNKED RADIO MARKET, BY DEVICE 33
4.4 TERRESTRIAL TRUNKED RADIO MARKET, BY APPLICATION 33
4.5 TERRESTRIAL TRUNKED RADIO MARKET: COMMERCIAL AND PUBLIC SAFETY APPLICATIONS (2016) 34

4.6 TERRESTRIAL TRUNKED RADIO MARKET IN APAC TO WITNESS A RAPID GROWTH BETWEEN 2017 AND 2022 34
5 MARKET OVERVIEW 35
5.1 INTRODUCTION 36
5.2 MARKET DYNAMICS 36
5.2.1 DRIVERS 37

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