Pune, India -- (SBWIRE) -- 03/01/2018 -- Key statistics on the market status of Global Land Mobile Radio Market manufacturers and is a valuable source of guidance and direction for companies and individuals.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.
Market Analysis:
The report for land mobile radio market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is land mobile radio in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyses and do more affective investments.
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Market Defination:
Land mobile radio systems are designed for meeting need of public safety and deliver secured, reliable, critical voice communications in a wide range of environmental conditions and in emergency situations. The systems are used by federal, state, local emergency responders and military. The land radio system comprises of major components which includes handheld portable radios, base stations, network and repeater. The market is significantly being driven by the increasing importance of efficient critical communication operations, rising need demand of inexpensive and reliable land mobile radio, and increased applications of land mobile radio. However, the limited spectrum bandwidth, and the high cost of land mobile radio are the factors hampering the growth of the market.
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Market Segmentation:
The land mobile radio market is segmented on the basis of type
- Hand portable and in-vehicle.
on the basis of technology
- analog technology
- digital technology.
The digital technology segment is further sub-segmented into
- tetra,
- ]DMR,
On basis of frequency:
- 25 MHz–174 MHz (VHF),
- 200 MHz–512 MHz (UHF),
- 700 MHz & Above (SHF).
On basis of device:
- gateways,
- transceivers,
- LMR handlers.
On basis of Application:
- commercial
- public safety :-military & defense, home security, emergency & medical services, fire department
- commercial :-retail, transportation, utility, mining and others.
On the Basis of Geography:-
North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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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