According to a market report by Lucintel, the future of the land mobile radio market looks promising with opportunities in the commercial and public safety industries. The land mobile radio market is expected to grow with a CAGR of 14% from 2019 to 2024. The major drivers for this market are rising demand for inexpensive and reliable land mobile radios, transition of land mobile radios from analog to digital, and growth of internet of things (IoT) devices.
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In this market, hand portable and in-vehicle (mobile) are the major product types. Hand portable is the largest product type market. Within the land mobile radio market, commercial and public safeties are the major end use industries. Commercial is the largest segment for land mobile radio. Analog and Digital (TETRA, DMR, P25, TETRAPOL, NXDN, dPMR) are the major technology segments of the land mobile radio market.
North America will remain the largest market over the forecast period.
Sepura., Motorola Solutions., Harris Corporation, Jvckenwood Corporation, Thales, Raytheon, RELM Wireless Corporation, Hytera Communications, Tait Radio Communications, and Simoco are among the major manufacturers of land mobile radio.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the land mobile radio market by type, technology, frequency, application, frequency, and region. Lucintel has prepared a comprehensive research report entitled “Land Mobile Radio Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the land mobile radio market by product type, technology, frequency, application and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
Hand Portable
In-Vehicle (Mobile)
By Technology [$M shipment analysis for 2013 – 2024]:
Analog
Digital (TETRA DMR P25)
By Frequency [$M shipment analysis for 2013 – 2024]:
25-174 (VHF)
200-512 (UHF)
700 MHZ & Above
By Application [$M shipment analysis for 2013 – 2024]:
Commercial
Retail
Transportation
Others
Public Safety
Military and Defense
Home Security
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/land-mobile-radio-market.aspx or helpdesk@lucintel.com.
About Lucintel
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