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Global Land Mobile Radio Market Booming at a CAGR of 14.5% during the forecast period of 2017 to 2024
Press release from: Data Bridge Market Research
Global Land Mobile Radio Market – Industry Trends and Forecast to 2024
Global Land Mobile Radio Market accounted for USD 8.8 billion in 2016 growing at a CAGR of 14.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Land Mobile Radio Market By Geography, Type (Hand Portable, In-Vehicle); Technology (Analog, Digital), Frequency (VHF, UHF, SHF), By Device (Gateways, Transceivers, LMR Handlers), By Application (Commercial, Public Safety) – Industry Trends and Forecast to 2024
TOP Key Players :
• Sepura plc,
• Motorola Solutions, Inc.,
• Harris Corporation,
• JVCKENWOOD Corporation,
• Thales Group,
• Raytheon Company,
• Hytera Communications,
• BK Technologies,
• Tait Communications,
• Simoco,
• Airbus DS Communications,
• Artel,
• Codan Group,
• Cisco Systems, Inc.,
• EXACOM INC.,
• Icom America Inc.,
• Midland Radio,
• PowerTrunk,
• Uniden,
• Zetron, Inc.
• among others.
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Market Segmentation:
On the basis of type
on the basis of technology
On basis of frequency
On basis of device
On basis of Application
On the Basis of Geography
continue....
Major Market Drivers & Restraints:
• Increasing importance of efficient critical communication operations
• Growth in demand of inexpensive and reliable land mobile radio
• Increased applications of land mobile radio
• Limited spectrum bandwidth
• High cost of land mobile radio
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