The global land mobile radio system market size reached US$ 29.5 Billion in 2023. Looking forward, the market is expected to reach US$ 70.0 Billion by 2032, exhibiting a growth rate (CAGR) of 10.1% during 2023-2032.
Land mobile radio (LMR) system is a two-way wireless communication network used for critical communications by public safety organizations. It is widely used by terrestrial users to communicate with a base station. The systems consist of vehicle-mounted mobile radios, handheld portable radios, repeaters and network infrastructure. LMR systems offer interoperability among agencies, integrated voice and data services, spectral efficiency, enhanced compatibility with existing systems and trunked, conventional and secure communications. As a result, they find extensive application across various industries, such as construction, commercial, transportation, marine, defense and military.
Additionally, various technological advancements, such as the development of terrestrial trunked radio (TETRA) systems for emergency radio communications, are acting as other growth-inducing factors. These systems are used by paramedics, fire departments, police forces and ambulatory service providers to communicate through public safety networks. In line with this, the rising demand for reliable and cost-effective LMRs among the masses is also contributing to the growth of the market. Other factors, including the widespread product adoption for commercial applications, along with the increasing demand for voice encryption for secure communications, are anticipated to drive the market toward growth.
Land mobile radio (LMR) system is a two-way wireless communication network used for critical communications by public safety organizations. It is widely used by terrestrial users to communicate with a base station. The systems consist of vehicle-mounted mobile radios, handheld portable radios, repeaters and network infrastructure. LMR systems offer interoperability among agencies, integrated voice and data services, spectral efficiency, enhanced compatibility with existing systems and trunked, conventional and secure communications. As a result, they find extensive application across various industries, such as construction, commercial, transportation, marine, defense and military.
Land Mobile Radio System Market Trends:
Significant growth in the defense and aviation industries across the globe is one of the key factors creating a positive outlook for the market. LMR systems are widely used for seamless communications, sharing critical information and real-time data transmission for enhanced safety and productivity. Moreover, the shifting consumer preference from analog LMR systems to advanced digital variants that support both voice and data communications is providing a thrust to the market growth. These innovative solutions provide enhanced signal coverage, improved voice quality, radio capacity and extended battery life.Additionally, various technological advancements, such as the development of terrestrial trunked radio (TETRA) systems for emergency radio communications, are acting as other growth-inducing factors. These systems are used by paramedics, fire departments, police forces and ambulatory service providers to communicate through public safety networks. In line with this, the rising demand for reliable and cost-effective LMRs among the masses is also contributing to the growth of the market. Other factors, including the widespread product adoption for commercial applications, along with the increasing demand for voice encryption for secure communications, are anticipated to drive the market toward growth.
Key Market Segmentation:
This report provides an analysis of the key trends in each sub-segment of the global land mobile radio system market report, along with forecasts at the global, regional and country levels from 2024-2032. The report has categorized the market based on type, technology, frequency and application.Breakup by Type:
- Base Station and Repeaters
- Handheld Portable Radio
- Vehicle Mounted Radio
Breakup by Technology:
- Analog Technology
- Digital Technology
Breakup by Frequency:
- 25 MHz-174 MHz (VHF)
- 450 MHz-512 MHz (UHF)
- 700 MHz and Above (SHF)
Breakup by Application:
- Defense and Public Safety
- Commercial
- Construction
- Transportation
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BK Technologies, Cisco Systems Inc., CODAN Limited, Hytera Communications Corporation Limited, JVCKenwood Corporation, L3Harris Technologies Inc., Motorola Solutions Inc., Raytheon Technologies Corporation, Simoco Wireless Solutions, Tait Communications, TE Connectivity Ltd. and Thales Group.Key Questions Answered in This Report:
- How has the global land mobile radio system market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global land mobile radio system market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the frequency?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global land mobile radio system market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Land Mobile Radio System Market
6 Market Breakup by Type
7 Market Breakup by Technology
8 Market Breakup by Frequency
9 Market Breakup by Application
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- BK Technologies
- Cisco Systems Inc.
- CODAN Limited
- Hytera Communications Corporation Limited
- JVCKenwood Corporation
- L3Harris Technologies Inc.
- Motorola Solutions Inc.
- Raytheon Technologies Corporation
- Simoco Wireless Solutions
- Tait Communications
- TE Connectivity Ltd.
- Thales Group
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 138 |
Published | September 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 29.5 Billion |
Forecasted Market Value ( USD | $ 70 Billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |