Global Land Mobile Radio System Market is projected to expand with a CAGR of 10.36%, Expected to reach at USD12.53 Billion by 2025

Published | 30 August 2019

Various public safety administrations have drifted from basic analog LMR systems used solely for voice to further advanced digital LMR systems that support both voice and data. In addition to the analog to digital transition, numerous operators have shifted from basic conventional systems to more complex trunked systems. The benefits such as augmented capacity and interoperability, concentrated congestion, and more proficient use of communication channels have given pace to the growth of the land mobile radio market. NXDN is a digital land mobile radio system that fulfills the need for narrower 6.25 kHz bandwidth. The NXDN system targets to satisfy the requirement of a wide range of professional consumers, reaching from public safety consumers to commercial and industrial customers and can be used in several systems from large network trunked systems to simple systems using a direct mode operation.

BlueWeave Consulting reviews that the global land radio market projected to expand with a CAGR of 10.36%, Expected to reach at USD12.53 Billion by 2025. Owing to technological advancement in communication technology. The technological advancements result in a gradual shift from analog to digital communication which has expanded the application base of land mobile radio systems beyond the military and defense uses. With the introduction of portable Land Mobile Radio Systems, increased demand is observed which is further aiding and is expected to drive the overall growth of the Land Mobile Radio Systems market. Factors driving the demand for portable LMRS is high efficiency, they can be used in various emergency and difficult conditions. Further impressive battery life and exceptional audio clarity and easy to carry are some other attributes contributing to the demand rise. There is an increasing necessity for reliable, persistent, and interoperable radio communications for public safety. Updated advancements and range approachability, and government-handled narrowbanding/rebanding have precisely exaggerated the growth of public safety LMR development.

Among product type, Digital Land Mobile Radio (LMR) System holds the largest market share during the forecast period

Digital land mobile radio systems are the leading segment and expected to showcase momentous growth during the forecast period. Rising adoption of digital Land Mobile Radio Systems is witnessed in the recent time over analog Land Mobile Radio Systems. The transition towards digitalization is anticipated to be a major growth driving factor for the Land Mobile Radio Systems Market.

Among application, Public safety segment is the fastest-growing market which captured the largest share during the forecast period

The public safety segment covers a wide range of industries such as military and defense, home security, emergency medical services, fire departments, etc. The public safety segment is the fastest-growing market owing to increasing natural disasters and terrorist activities. LMRS helps to respond to and rescue services during critical situations.

North America is the leading region of the Global Land Mobile Radio market during the forecast period

North America is a leading region and expected to rise at a healthy growth rate during the forecast period. On accounts of high implementation of technically advanced LMRS, and extensive research and development accomplishments in the region are boosting the progress of the land mobile radio market in this region. The existence of major supervisory bodies, research institutes, and companies in this region are some of the other growth drivers of the market in this region. The land mobile radio market in Asia-pacific is anticipated to showcase the significant growth rate during the forecast period. The usage of LRMS in the commercial division, primarily in utility & transportation applications, is the main factor driving the growth of the market in the APAC region.

Global Land Mobile Radio market Competitive Landscape

Companies such as Motorola Solutions, Airbus Ds Communication Inc., Jvckenwood Corporation, Codan Limited, Icom Incorporated, Hytera Communications Corporations, Sepura, Simoco Wireless Solutions, Tait Communications, Harris Corporation are key players in the industries.

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The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of global Land Mobile Radio market system market size & forecast. The report promises to provide state-of-the-art technology of automated optical inspection (AOI) system production and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.

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