The South & Central America land mobile radio market was valued at US$ 137.09 million in 2022 and is expected to reach US$ 286.41 million by 2030; it is estimated to grow at a CAGR of 9.6% from 2022 to 2030.
Furthermore, adopting next-generation communication technologies, such as LTE-based mission-critical communications, has played a vital role in stimulating the LMR market. These integrated solutions provide greater connectivity and data-sharing capabilities, enabling organizations to optimize their operations and response times. Therefore, the South American LMR market is expected to grow due to ongoing technological innovations, increased demand from various industries, and the growing emphasis on ensuring reliable and secure communication channels. As governments and enterprises prioritize their investment in modern communication infrastructures, the region is set to witness a dynamic and thriving LMR market landscape in the coming years.
Based on technology, the South & Central America land mobile radio market is bifurcated into analog and digital. The analog segment held a larger market share in 2022.
Based on frequency, the South & Central America land mobile radio market is segmented into 25 - 174 VHF, 200 - 512 UHF, and 700 MHz and above. The 700 MHz and above segment held the largest market share in 2022.
Based on application, the South & Central America land mobile radio market is segmented into commercial, industrial, public safety & government, and military. The public safety & government segment held the largest market share in 2022.
Based on country, the South & Central America land mobile radio market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America land mobile radio market share in 2022.
Icom Inc, Sepura Ltd, Hytera Communications Corp Ltd, JVCKENWOOD Corp, L3Harris Technologies Inc, Motorola Solutions Inc, Tait Communications Ltd, and Thales SA are some of the leading players operating in the South & Central America land mobile radio market.
Shift from Analog to Digital Radio Systems fuel the South & Central America Land Mobile Radio Market
Analog radio systems have been in the market for a long time and are still used in many applications. These devices only have voice communications and are also known as professional mobile radios or walkie-talkies. As technology emerged, the demand for a better radio system with data communication technology increased from public safety agencies. Customer choice is evolving away from analog LMR systems and toward advanced digital variations that allow both voice and data connections. These cutting-edge technologies improve signal coverage, speech quality, radio capacity, and battery life. The digital radio systems technology provides voice as well as data communications for use by professionals in mission-critical operations for sharing videos or data and accessing intensive applications. Furthermore, digital radio systems provide several additional features over analog radio systems, such as better coverage, high battery life, better connectivity, and data transmission. This is increasing the demand for digital radio systems as a replacement for their analog counterparts. Several organizations in the market provide digital radio systems confirming different standards for digital wireless communication technology, such as TETRA, DMR, and P25. Transitions from analog to digital radio systems are increasing the applications of radio systems, and as a result, it is driving the land radio mobile market.South & Central America Land Mobile Radio Market Overview
Over the past few years, the land mobile radio (LMR) market in South America has witnessed a remarkable growth, solidifying its position as a pivotal player in the region's communication landscape. With the ever-increasing need for secure and reliable communication systems across various sectors, such as public safety, transportation, utilities, and industrial enterprises, the demand for LMR solutions is increasing exponentially. South American governments have also recognized the significance of modernizing their communication infrastructure to enhance emergency response capabilities and bolster national security. One of the key drivers behind this growth has been the advancement in LMR technology, offering robust features such as enhanced voice clarity, interoperability, and data capabilities, making them suitable for a wide range of applications. Additionally, the rising trend of digitalization and the migration from analog to digital LMR systems have further fueled the market expansion.Furthermore, adopting next-generation communication technologies, such as LTE-based mission-critical communications, has played a vital role in stimulating the LMR market. These integrated solutions provide greater connectivity and data-sharing capabilities, enabling organizations to optimize their operations and response times. Therefore, the South American LMR market is expected to grow due to ongoing technological innovations, increased demand from various industries, and the growing emphasis on ensuring reliable and secure communication channels. As governments and enterprises prioritize their investment in modern communication infrastructures, the region is set to witness a dynamic and thriving LMR market landscape in the coming years.
South & Central America Land Mobile Radio Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Land Mobile Radio Market Segmentation
The South & Central America land mobile radio market is segmented based on type, technology, frequency, application, and country. Based on type, the South & Central America land mobile radio market is bifurcated into handheld and In-vehicle. The handheld segment held a larger market share in 2022.Based on technology, the South & Central America land mobile radio market is bifurcated into analog and digital. The analog segment held a larger market share in 2022.
Based on frequency, the South & Central America land mobile radio market is segmented into 25 - 174 VHF, 200 - 512 UHF, and 700 MHz and above. The 700 MHz and above segment held the largest market share in 2022.
Based on application, the South & Central America land mobile radio market is segmented into commercial, industrial, public safety & government, and military. The public safety & government segment held the largest market share in 2022.
Based on country, the South & Central America land mobile radio market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America land mobile radio market share in 2022.
Icom Inc, Sepura Ltd, Hytera Communications Corp Ltd, JVCKENWOOD Corp, L3Harris Technologies Inc, Motorola Solutions Inc, Tait Communications Ltd, and Thales SA are some of the leading players operating in the South & Central America land mobile radio market.
Table of Contents
1. Introduction
3. Research Methodology
4. South & Central America Land Mobile Radio Market Landscape
5. South & Central America Land Mobile Radio Market - Key Industry Dynamics
6. Land Mobile Radio Market - South & Central America Market Analysis
7. South & Central America Land Mobile Radio Market Revenue and Forecast to 2030 - Type
8. South & Central America Land Mobile Radio Market Analysis - By Technology
9. South & Central America Land Mobile Radio Market Analysis - By Frequency
10. South & Central America Land Mobile Radio Market Revenue and Forecast to 2030 - Application
11. South & Central America Land Mobile Radio Market - Country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Executive Summary
At 9.6% CAGR, the South & Central America Land Mobile Radio Market is Speculated to be worth US$ 286.41 million by 2030.According to this research,, the South & Central America land mobile radio market was valued at US$ 137.09 million in 2022 and is expected to reach US$ 286.41 million by 2030, registering a CAGR of 9.6% from 2022 to 2030. Growing importance of effective critical communication operations and increasing demand in emerging markets are the critical factors attributed to the South & Central America land mobile radio market expansion.
Land mobile radio (LMR) technology has evolved over time from traditional analog voice service (such as two-way communications) to complex systems with trunking and digital capabilities that enable features such as group calling, rapid voice call setup, high-quality audio, and guaranteed priority access to the end user. With an increase in crime, terrorism, and natural disasters, industries are required to adopt new technologies to enable rapid and effective real-time reaction. Effective communication is critical for public safety responders who must keep connected with one another at the control center while also acquiring situational information in real time when reacting to situations. To tackle critical communication operations, the LMR technology is witnessing advancements. For example, TETRA, the most widely used land mobile radio standard, has evolved and now it offers high spectrum efficiency and operates on a standardized spectrum. Tetra also includes exceptional vital communication characteristics such as security, a rapid call start-up time, a feature set for voice calls, and high-speed data services. It is used in present and new market areas such as public safety and commercial applications. Furthermore, TETRA does not require broadband data. With increasing security threats and demands for greater efficiency, cross-agency coordination, and better information sharing, the development of efficient public safety communications networks has emerged as a top priority for organizations, thereby driving the South & Central America market for LMR technology.
On the contrary, high initial investment and limited spectrum availability hurdles the growth of South & Central America land mobile radio market.
Based on type, the South & Central America land mobile radio market is bifurcated into handheld and In-vehicle. The handheld segment held 50.5% market share in 2022, amassing US$ 69.27 million. It is projected to garner US$ 160.57 million by 2030 to expand at 11.1% CAGR during 2022-2030.
Based on technology, the South & Central America land mobile radio market is bifurcated into analog and digital. The analog segment held 50.2% market share in 2022, amassing US$ 68.81 million. It is projected to garner US$ 134.88 million by 2030 to expand at 8.8% CAGR during 2022-2030.
Based on frequency, the South & Central America land mobile radio market is categorized into 25 - 174 VHF, 200 - 512 UHF, and 700 MHz and above. The 700 MHz and above segment held 53.9% market share in 2022, amassing US$ 73.84 million. It is projected to garner US$ 160.94 million by 2030 to expand at 10.2% CAGR during 2022-2030.
Based on application, the South & Central America land mobile radio market is categorized into commercial, industrial, public safety & government, and military. The public safety & government segment held 38.3% market share in 2022, amassing US$ 52.50 million. It is projected to garner US$ 116.44 million by 2030 to expand at 10.5% CAGR during 2022-2030.
Based on country, the South & Central America land mobile radio market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 50.6% share of South & Central America land mobile radio market in 2022. It was assessed at US$ 69.37 million in 2022 and is likely to hit US$ 143.78 million by 2030, exhibiting a CAGR of 9.5% during 2022-2030.
Key players operating in the South & Central America land mobile radio market are Icom Inc, Sepura Ltd, Hytera Communications Corp Ltd, JVCKENWOOD Corp, L3Harris Technologies Inc, Motorola Solutions Inc, Tait Communications Ltd, and Thales SA, among others.
In April 2022, Powerboat P1 Extended Partnership with Icom. In June 2023, Hytera partnered with ZimParks to Improve Staff Safety and Conserve Wildlife.
Companies Mentioned
- Icom Inc
- Sepura Ltd
- Hytera Communications Corp Ltd
- JVCKENWOOD Corp
- L3Harris Technologies Inc
- Motorola Solutions Inc
- Tait Communications Ltd
- Thales SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 135 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value in 2022 | 137.09 Million |
| Forecasted Market Value by 2030 | 286.41 Million |
| Compound Annual Growth Rate | 9.6% |
| No. of Companies Mentioned | 8 |
