What is Radio Scanners?
It is an electronic product that is highly referred to as a police scanner. It is a radio receiver that automatically tunes or scan frequencies in the transmission series. This scanner is used in various applications such as broadcast monitoring, government applications, and others.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Icom (Japan), Lowrance (United States), Uniden (Japan), Garmin (United States), Jotron (Norway), Standard Horizon (United States), Entel (Entel), Nautilus Lifeline (Canada), Raymarine (United Kingdom) and JVC Kenwood Holdings Inc. (Japan) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Analog Radio Scanners and Digital Radio Scanners) , by application (Hobbyists, Railfans, Auto Race Fans, Aviation Enthusiasts and Other) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Radio Scanners market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Radio Scanners market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Icom (Japan), Lowrance (United States), Uniden (Japan), Garmin (United States), Jotron (Norway), Standard Horizon (United States), Entel (Entel), Nautilus Lifeline (Canada), Raymarine (United Kingdom) and JVC Kenwood Holdings Inc. (Japan).
The legality of radio scanners in the United States varies considerably between jurisdictions, although it is a federal crime to monitor cellular phone calls. Five US states restrict the use of a scanner in an automobile.Although scanners capable of following trunked radio systems and demodulating some digital radio systems such as APCO Project 25 are available, decryption-capable scanners would be a violation of United States law and possibly laws of other countries.
The global radio scanners market is moderately competitive. Companies are operating in this market highly investing in research and development initiatives to develop new products. Leading applications in the government sector are captured by companies to enhance their presence. The major players are focusing on the market by adopting mergers & acquisitions, market enhancement, investments, new product launches and collaborations as their market strategies.
Market Trend
Increasing Automation in Digital Radio Scanners
Restraints
- High Cost Associated With Radio Scanners
Opportunities
Rising Growth Potential of Radio Broadcasting In Developed Regions Such As Europe and the United States
Key highlights of the Global Radio Scanners market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Radio Scanners market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Radio Scanners market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Radio Scanners Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Radio Scanners market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Radio Scanners market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Radio Scanners Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.