Global Land Mobile Radio (LMR) Systems Market to Reach $45.3 Billion by 2030
The global market for Land Mobile Radio (LMR) Systems estimated at US$17.8 Billion in the year 2022, is projected to reach a revised size of US$45.3 Billion by 2030, growing at a CAGR of 12.4% over the analysis period 2022-2030. Hand Portable, one of the segments analyzed in the report, is projected to record 13.3% CAGR and reach US$26.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the In-Vehicle (Mobile) segment is readjusted to a revised 11.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 17% CAGR
The Land Mobile Radio (LMR) Systems market in the U.S. is estimated at US$4.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.5 Billion by the year 2030 trailing a CAGR of 17% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9% and 10.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.8% CAGR.Select Competitors (Total 28 Featured) -
- 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.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 266 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 17.8 Billion |
Forecasted Market Value ( USD | $ 45.3 Billion |
Compound Annual Growth Rate | 12.4% |
Regions Covered | Global |