About Portable Radio Communication Equipment
Radio communication is used all around the world to communicate in both high-risk and low-risk circumstances. Two-way radios can save lives by allowing for immediate communication. Two-way radios provide continual contact between workers in a range of settings, from big construction sites to tiny, independent stores. Employees are kept off personal devices by using radio communication, which reduces the need for clogged phone lines. Military, public transportation, police, and malls, among other places, employ portable radio communication devices. The Asia Pacific is the largest market for portable radio communication equipment followed by North America.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
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.
Motorola Solutions (China), Nova Communication (United States), Nokia (Finland), Harris Global Communications Inc. (United States), Ericsson (Sweden), Communications Evolutions (United States), Juniper Networks (United States), Cisco Systems, Inc. (United States), Radio Holland (Netherlands), Gets Telecom (India) and Astronics Corporation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Portable Radio Communication Equipment market by , Application (Public Safety and Security, Transport, Military, Business/Industrial and Others) and Region.
On the basis of geography, the market of Portable Radio Communication Equipment 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). Asia Pacific region held largest market share in the year 2021. If we see Market by Components, the sub-segment i.e. Receiver will boost the Portable Radio Communication Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingress Protection, the sub-segment i.e. IP 68 will boost the Portable Radio Communication Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Channels Range, the sub-segment i.e. 3000 will boost the Portable Radio Communication Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Police Forces Most Widely Use Portable Radio Communication Equipment
Market Growth Drivers:
Increasing Utilization of Radio Communication in High Risk as Well as Casual Applications and Need Of Communication Without Tying Up Phone Lines
Challenges:
Initial Cost of Portable Radio Communication Equipment Systems May Be High
Restraints:
Availability of Alternatives to Portable Radio Communication Equipment
Opportunities:
Increasing Investment in Military Modernization Will Boost the Demand of Portable Radio Communication Equipment and Rising Utilization of Portable Radio Communication Equipment in Mass Transportation Application Will Increase Its Demand
Market Leaders and their expansionary development strategies
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Portable Radio Communication Equipment Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries 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.