The global land mobile radio market is anticipated to be worth US$ 58.0 billion by 2032. In 2022, the market is expected to be valued at a roughly US$ 20.8 billion. The global market is expected to grow at a 10.8% CAGR from 2022 to 2032.
The interest for a two way remote correspondence for basic and crisis military conditions were wiped out with the presentation of Land Mobile Radio Systems. Since its presentation, constant headways and execution of the system has prompted a reception of Land Mobile Radio Systems in different business areas also.
Land Mobile Radio Systems are earthbound based proficient correspondence systems planned for basic interchanges among crisis reaction and public security associations. The essential parts of a Land Mobile Radio System are radio, network framework, base station and a repeater.
Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-5889
A transition from conventional Land Mobile Radio Systems to trunked Land Mobile Radio Systems is observed due to the latter’s increased capacity and interoperability, reduced congestion and an efficient communication channel.
Major applications of Land Mobile Radio System is observed in public safety organizations such as police, taxis, ambulances, firefighting and others. Besides, public safety organizations, a major application of Land Mobile Radio System is also witnessed in the military industry for enabling an efficient two-way wireless communication.
Land Mobile Radio System Market: Drivers and Challenges
Increased adoption of digital Land Mobile Radio Systems is witnessed over analog Land Mobile Radio Systems recently. Therefore, the transition towards digitalization is expected to be a major driving factor for the growth of Land Mobile Radio Systems Market. In addition to this, an increased demand for portable Land Mobile Radio Systems is observed after its introduction.
This demand for portable Land Mobile Radio Systems is expected to drive the overall growth of the respective market. Furthermore, multiple applications of Land Mobile Radio Systems in various industry verticals are a driving factor for respective markets as well.
High costs associated with Land Mobile Radio Systems act as the major restraining factor for the overall Land Mobile Radio Systems market. In addition to this, installation of a repeater, a major component of a Land Mobile Radio Systems, for increasing the range of low VHF signal furthermore increases the overall cost of Land Mobile Radio system. Additionally, the complexity associated with manufacturing and licensing to avoid interference with other frequencies of Land Mobile Radio System also hampers the growth.
Government and Public, and Military segments are expected to hold majority of market share in the Global Land Mobile Radio System Market. Additionally, Digitalization has led to the adoption of Land Mobile Radio Systems in Corporate sector as well.
Personalized Market Insights: Request Customizations to Make Informed Decisions in the Land Mobile Radio Market @
https://www.futuremarketinsights.com/customization-available/rep-gb-5889
Market Competition
Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as Motorola Solutions, Inc., Airbus DS Communications, and Cobham plc account for considerable market size, several regional level players are also operating across key growth regions, particularly in the Asia Pacific.
- In July 2022 –The Santa Fe Ministry of Security has awarded Motorola Solutions to deliver a state-of-the-art, integrated end-to-end emergency management system for multi-agency coordination and to shorten response times to emergency calls from the public.
- In July 2022 –L3Harris Technologies has developed a new waveform to both counter current and future electronic warfare attacks and protect tactical lines of communication. Wraith™ is a first-of-its-kind frequency-hopping Mobile Ad Hoc Network (MANET) waveform for wideband voice and data with advanced, multi-layer anti-jam capabilities to support multi-domain interoperability.
Key Players
- Harris Corporation
- Motorola Solutions
- Simoco
- Raytheon Company
- Thales SA
- Hytera Communication Corporation Limited
- Tait Communications
- Sepura Plc
- Icom Inc.
- Cartel Communication Systems Inc.
Ask our Industry Experts to Access a Comprehensive Market Share Analysis of Top Key Players @
https://www.futuremarketinsights.com/ask-question/rep-gb-5889
Key Segments Profiled in the Land Mobile Radio System Industry
Land Mobile Radio System Market by Type:
- Mobile Land Mobile Radio Systems
- Portable Land Mobile Radio System
Land Mobile Radio System Market by Frequency Band:
- Very High Frequency (VHF) Land Mobile Radio System
- Ultra High Frequency (UHF) -ranging usually from 450 MHz to 512 MHz Land Mobile Radio System
- >700 MHz Land Mobile Radio System
Land Mobile Radio System Market by Industry Verticals:
- Land Mobile Radio System for Military
- Land Mobile Radio System for Residential
- Land Mobile Radio System for Government & Public
- Land Mobile Radio System for Healthcare
- Land Mobile Radio System for Corporate
- Land Mobile Radio System for Others
Land Mobile Radio System Market by Region:
- North America Land Mobile Radio System Market
- Latin America Land Mobile Radio System Market
- Europe Land Mobile Radio System Market
- Asia Pacific Land Mobile Radio System Market
- Middle East and Africa Land Mobile Radio System Market
About Us
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs