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Amid the COVID-19 crisis and the looming economic recession, the Land Mobile Radio (LMR) Systems market worldwide will grow by a projected US$18.5 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 13%. In-Vehicle (Mobile), one of the segments analyzed and sized in this study, is forecast to grow at over 11.7% and reach a market size of US$15.3 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The In-Vehicle (Mobile) market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 11.3% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$675.2 Million to the region's size over the next 7 to 8 years. In addition, over US$605.2 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the In-Vehicle (Mobile) segment will reach a market size of US$636.8 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Land Mobile Radio (LMR) Systems market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 17.6% over the next couple of years and add approximately US$3.6 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Land Mobile Radio (LMR) Systems market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 11.3% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$675.2 Million to the region's size over the next 7 to 8 years. In addition, over US$605.2 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the In-Vehicle (Mobile) segment will reach a market size of US$636.8 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Land Mobile Radio (LMR) Systems market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 17.6% over the next couple of years and add approximately US$3.6 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Land Mobile Radio (LMR) Systems market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Airbus DS Communications
- Cobham AvComm
- DAMM Cellular Systems A/S
- EF Johnson Technologies, Inc.
- Harris Corporation
- Hytera Communications Corporation Ltd.
- ICOM America Inc.
- JVCKENWOOD USA Corporation
- Midland Radio Corporation
- Motorola Solutions, Inc.
- Nokia Networks
- PowerTrunk Inc.
- Raytheon Company
- RELM Wireless Corporation
- Sepura Plc
- Tait Ltd.
- Thales Defense & Security, Inc.
- Vertex Standard LMR, Inc.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Ever-Present Need for Mission Critical Communications Preserves the Importance of LMR Systems
Recent Market Activity
Global Competitor Market Shares
Land Mobile Radio (LMR) Systems Competitor Market Share Scenario Worldwide (in %):2020 & 2029
Increasing Awareness Encourages Adoption Among Commercial Businesses
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Airbus DS Communications (USA)
Cobham AvComm (UK)
DAMM Cellular Systems A/S (Denmark)
EF Johnson Technologies, Inc. (USA)
ETELM (France)
Harris Corporation (USA)
Hytera Communications Corporation Ltd. (China)
ICOM America Inc. (USA)
JVCKENWOOD USA Corporation (USA)
Midland Radio Corporation (USA)
Motorola Solutions, Inc. (USA)
Nokia Networks (Finland)
Raytheon Company (USA)
RELM Wireless Corporation (USA)
Sepura Plc (UK)
PowerTrunk Inc. (USA)
Simoco (UK)
Tait Ltd. (New Zealand)
Thales Defense & Security, Inc. (USA)
Vertex Standard LMR, Inc. (Japan)
3. MARKET TRENDS & DRIVERS
Technological Adaptation to Changing Times & End-User Requirements Drive Integrationof LMR with LTE
LMR & LTE to Converge and Co-Exist in the Coming Decade
Migration towards Public-Safety LTE Radio Access Network: Not an Immediate Threato LMR Networks
Growing Focus on Workplace Safety Spurs Investments in Commercial LMR Radios
Need for Infrastructure Development & the Ensuing Rise in Spending to Benefit Demand for Commercial/Industrial LMR Systems
Focus on Disaster and Emergency Preparedness & Establishment of Emergency Response Teamsto Drive Market Gains
Growing Defense Budgets in Developing Countries Spur Demand for Military LMR
TETRA: The Established "De Facto" LMR Technology Standard
Evolution of TETRA Standards from TETRA 1 to TEDS, and to TETRA 3 Bodes Well for Market Growth
TETRA Battles for Space among Myriad Critical Communication Technologies
Broadband PTT and LMR Interoperability Grow in Popularity
Software Defined Radios: A Huge Step Forward in Enabling Interoperability
Transition from Analog to Digital Radio Reaches Maturity & Near Completion in Most Geographic Markets
Rapid Analog-to-Digital Migration & Rising Co-Existence Between LMR & LTE Highlight Critical interference Issues
The Growing Trend of Leveraging Digital LMR for M2M Communication to Boost Medium-to-LongTerm Revenue Potential
LMR Plus IoT & M2M: The Bold New Future
Growing Preference for Push-To-Talk Over Cellular (PoC) Threaten Investments in Traditional LMR
Importance of Mission Critical Oilfield Communications Drives Adoption in the Oil & Gas Sector
Technological Advancements Push the Boundaries of LMR Services
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Land Mobile Radio (LMR) Systems Market Share (in %) by Company: 2020 & 2025
Market Analytics
CANADA
JAPAN
CHINA
EUROPE
Market Facts & Figures
European Land Mobile Radio (LMR) Systems Market: Competitor Market ShareScenario (in %) for 2020 & 2025
Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Total Companies Profiled: 28
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Ever-Present Need for Mission Critical Communications Preserves the Importance of LMR Systems
Recent Market Activity
Global Competitor Market Shares
Land Mobile Radio (LMR) Systems Competitor Market Share Scenario Worldwide (in %):2020 & 2029
Increasing Awareness Encourages Adoption Among Commercial Businesses
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Airbus DS Communications (USA)
Cobham AvComm (UK)
DAMM Cellular Systems A/S (Denmark)
EF Johnson Technologies, Inc. (USA)
ETELM (France)
Harris Corporation (USA)
Hytera Communications Corporation Ltd. (China)
ICOM America Inc. (USA)
JVCKENWOOD USA Corporation (USA)
Midland Radio Corporation (USA)
Motorola Solutions, Inc. (USA)
Nokia Networks (Finland)
Raytheon Company (USA)
RELM Wireless Corporation (USA)
Sepura Plc (UK)
PowerTrunk Inc. (USA)
Simoco (UK)
Tait Ltd. (New Zealand)
Thales Defense & Security, Inc. (USA)
Vertex Standard LMR, Inc. (Japan)
3. MARKET TRENDS & DRIVERS
Technological Adaptation to Changing Times & End-User Requirements Drive Integrationof LMR with LTE
LMR & LTE to Converge and Co-Exist in the Coming Decade
Migration towards Public-Safety LTE Radio Access Network: Not an Immediate Threato LMR Networks
Growing Focus on Workplace Safety Spurs Investments in Commercial LMR Radios
Need for Infrastructure Development & the Ensuing Rise in Spending to Benefit Demand for Commercial/Industrial LMR Systems
Focus on Disaster and Emergency Preparedness & Establishment of Emergency Response Teamsto Drive Market Gains
Growing Defense Budgets in Developing Countries Spur Demand for Military LMR
TETRA: The Established "De Facto" LMR Technology Standard
Evolution of TETRA Standards from TETRA 1 to TEDS, and to TETRA 3 Bodes Well for Market Growth
TETRA Battles for Space among Myriad Critical Communication Technologies
Broadband PTT and LMR Interoperability Grow in Popularity
Software Defined Radios: A Huge Step Forward in Enabling Interoperability
Transition from Analog to Digital Radio Reaches Maturity & Near Completion in Most Geographic Markets
Rapid Analog-to-Digital Migration & Rising Co-Existence Between LMR & LTE Highlight Critical interference Issues
The Growing Trend of Leveraging Digital LMR for M2M Communication to Boost Medium-to-LongTerm Revenue Potential
LMR Plus IoT & M2M: The Bold New Future
Growing Preference for Push-To-Talk Over Cellular (PoC) Threaten Investments in Traditional LMR
Importance of Mission Critical Oilfield Communications Drives Adoption in the Oil & Gas Sector
Technological Advancements Push the Boundaries of LMR Services
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Land Mobile Radio (LMR) Systems Market Share (in %) by Company: 2020 & 2025
Market Analytics
CANADA
JAPAN
CHINA
EUROPE
Market Facts & Figures
European Land Mobile Radio (LMR) Systems Market: Competitor Market ShareScenario (in %) for 2020 & 2025
Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Total Companies Profiled: 28
Note: Product cover images may vary from those shown
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