Land Mobile Radio Market Global Trends, Business Overview, Challenges, Opportunities And Forecast

By Author: DBMR
Total Articles: 54
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Market Definition: Global Land Mobile Radio Market
Land mobile radio market are the terrestrially-based wireless communications systems which 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. In addition, federal, local and state agencies are investing billions of dollars and regularly upgrading their IT infrastructure for improving capabilities, capacity, coverage and interoperability.
Market Drivers:
·       Rising upgradations and enhancements of critical communication operations is enhancing the market growth
...
... ·       Growing demand for reliable and cost effective land mobile radio systems is driving the market growth
·       Surging applications in the major industries such as transportation and military & defense is a driving factor for market growth
·       Increasing transitions of land mobile radios from analog to digital is flourishing the market growth
Market Restraints:
·       Increasing limitations in the spectrum bandwidths is hampering the market to grow
·       High manufacturing and setup costs is hindering the market growth
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Global Land Mobile Radio Market By Type (Hand Portable, In-Vehicle), Technology (Analog, Digital {Tetra, DMR, P25}), Frequency (VHF, UHF, SHF), By Device (Gateways, Transceivers, LMR Handlers), Application (Commercial {Retail, Transportation, Utility, Mining}, Public Safety {Military & Defense, Home Security, Emergency & Medical Services, Fire Department}), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Land Mobile Radio Market
Global land mobile radio market is set to witness a healthy CAGR of 12% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption of the new technologies and innovations by the leading firms across the globe due to the increasing rate of terrorism, natural disasters and crime will promulgate the overall market size.
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Competitive Analysis
Global land mobile radio market is competitive and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of conversational computing platform market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global land mobile radio market are Sepura Limited, Motorola Solutions Inc., Harris Corporation, JVCKENWOOD Corporation, Thales Group, Raytheon Company, Hytera Communications Corporation Limited, BK Technologies, Tait Communications, Simoco, Artel, Codan Communications, Cisco Systems, Inc., Exacom Inc., Icom America Inc., Midland Radio, PowerTrunk.com , Uniden America Corporation, ZETRON among others.
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Research Methodology: Global Land Mobile Radio Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
·       Complete and distinct analysis of the market drivers and restraints
·       Key market players involved in this industry
·       Detailed analysis of the market segmentation
·       Competitive analysis of the key players involved
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Key Developments in the Market:
In March 2018, Motorola Solutions Inc. launched 3 new solutions for the enhancement of mission critical communications including an app for sharing the digital evidence. These solutions were LEX L11 Mission-Critical LTE Device, Capture Mobile Camera App, and APX 8500HP Mobile Radio. The launch of these new solutions provided the strengthening of LTE networks and communications for the first responders using land mobile radio
In May 2017, Hytera Communications Corporation Limited acquired Sepura Group PLC which was the leading worldwide provider of innovative professional mobile radio (PMR) communications solutions. The acquisition boosted the consumer base and product portfolio of Sepura which in return provided significant growth opportunities in the R&D and innovation domain
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