About Land Mobile Radio
Although the digital and highly advanced telecommunication systems are being introduced to the market, they are unable to cater the needs for highly secure and critical communication applications. Thus, the demand for land mobile radios (LMRs) has been increased. In addition to this, the introduction to cheaper and reliable LMRs has further improved the business. These are the two-way communication devices which can be used in a minimum two or more than two users. These devices were initially developed to provide 24x7 communication services. They are also available wirelessly on differential frequencies.
Attributes | Details |
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Study Period | 2018-2032 |
Base Year | 2024 |
Unit | Value (USD Billion) |
CAGR | 13.69% |
The Players having a strong hold in the market are Harris Corporation, Motorola Solutions, Simoco Telecommunications, Raytheon Company & JVC Kenwood Holdings. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Land Mobile Radio market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Harris Corporation (United States), Motorola Solutions, Inc. (United States), Simoco Telecommunications South Asia Limited (India), Raytheon Company (United States), JVC Kenwood Holdings Inc. (Japan), Thales SA (France), RELM Wireless Corporation (United States), Hytera Communications Corporation Limited (China), Tait Radio Communications Limited (New Zealand), Sepura PLC (Hytera) (China), Cartel Communication Systems Inc. (Canada) and Icom Inc. (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Cartel Communication Systems Inc. (Canada) and Icom Inc. (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Land Mobile Radio market by Type (Hand Portable and In-Vehicle), Application (Commercial, Industrial and Public Safety) and Region.
On the basis of Type, Hand Portable are dominating the market in the year 2024 where as In-Vehicle stood as second largest market share.
On the basis of geography, the market of Land Mobile Radio has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Analog will boost the Land Mobile Radio market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Frequency, the sub-segment i.e. 25-174 MHz will boost the Land Mobile Radio market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Upsurging Applications of Land Mobile Radios in Military, Defense, and Transportation Industry and Growing Adoption of Digital Land Mobile Radios across the Globe
Market Growth Drivers:
Rising Need for Land Mobile Radios Critical Communication Applications and Escalating Demand for Cheaper and Reliable Land Mobile Radios
Challenges:
Rising Threat of Substitutes with Introduction to IoT Enabled Communication Devices
Restraints:
Comparatively Higher Manufacturing Costs of Building Land Mobile Radios and Spectrum Bandwidth Expansion Restrictions might Stagnate the Demand
Opportunities:
Introduction to Voice Encryption will Further Enhance Communication Security and Favorable Dynamic Spectrum Bandwidth Regulations and Standards
Market Leaders and their expansionary development strategies
On May 16, 2019, The National Oceanic and Atmospheric Administration (NOAA) has signed a three-year, USD 284 million sole-source extension on the ground segment contract with Harris Corporation which will support Geostationary Operational Environmental Satellite (GOES) -R Series weather satellites by bringing new technologies that support increased capabilities. The three-year contract extension will modernize the ground-computing infrastructure and reduce the IT footprint, laying the foundation for future migration to cloud technologies.
On May 23, 2019, Motorola Solutions has launched a communication service that seamlessly connects enterprise teams with instant and reliable, group-based communication named WAVETM broadband push-to-talk in Japan. The new service delivers real-time voice and data communication securely over any IP network, connecting teams, and individuals both inside and outside of their existing communication systems.
Key Target Audience
Upstream Buyers of Land Mobile Radios, Land mobile Radio Manufacturers, Asset Management Consultants, Industry Associations and Regulatory Authorities, Research Institutes and Organizations, Venture Capitalists, and Private Equity Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.