Global Land Mobile Radio System Market Size, Share & Trend Analysis Report, By Type (Hand Portable and Mobile (Vehicular)), By Application (Commercial, Military & Defense and Others (Retail and Transportation)) and Forecast Period, 2019-2025.
The global land mobile radio system market is estimated to grow significantly during the forecast period. The major factors encouraging market growth include the growing concern regarding wireless communication and public safety. Additionally, governments of several countries increased its expenditure on wireless communication system regarding safe and secure communication in military and defense is estimated to encourage the growth of the land mobile radio system market. The increase in demand in both commercial as well as defense & military because of its high-security facility and better voice quality is propelling the growth of the land mobile wireless system market. For commercial purposes, it is used by taxi or delivery service providers in order to communicate with one another on a specific frequency where one can transit its message to multiple radio devices.
Geographically, the global land mobile radio system market is classified into North America, Europe, Asia-Pacific and the Rest of the World. North America has witnessed optimistic growth in the market in 2018 owing to the presence of major players in the market including Motorola Solutions Inc. and Harris Corp. These companies are significantly focusing on marketing their products across the globe and gain a competitive advantage. Additionally, a wide-ranging product portfolio offered by these companies is supporting to attract a significant number of end-users towards their wireless communication system, which in turn, is contributing to the considerable revenue generation from North America.
The major player in the global land mobile radio market includes Motorola Solutions Inc., Thales Group, Hytera communication corp. Ltd., L3Harris Technologies, Inc., Raytheon Co. (A Division of United Technologies Corp., Hytera Communications Corp. Ltd., Cartel Communication Systems, Inc., and JVCKENWOOD Corp. The strategies followed by the market players include mergers and acquisitions, partnerships and collaborations and geographical expansion to expand market share across the globe. For instance, in May 2017, Hytera communication corp. ltd. announced its acquisition of Sepura Group plc. Sepura is a communication system provider company and its product portfolio include TETRA,DMR, P25 and LTE system solutions. The Sepura's wide range of products will strengthen the Hytera product portfolio and enhance its geographic presence.
Research Methodology
The market study of the global land mobile radio system market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report is intended for wireless communication system manufacturers, land mobile radio system manufacturers, and government agencies for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
The Report covers:
The global land mobile radio system market is estimated to grow significantly during the forecast period. The major factors encouraging market growth include the growing concern regarding wireless communication and public safety. Additionally, governments of several countries increased its expenditure on wireless communication system regarding safe and secure communication in military and defense is estimated to encourage the growth of the land mobile radio system market. The increase in demand in both commercial as well as defense & military because of its high-security facility and better voice quality is propelling the growth of the land mobile wireless system market. For commercial purposes, it is used by taxi or delivery service providers in order to communicate with one another on a specific frequency where one can transit its message to multiple radio devices.
Geographically, the global land mobile radio system market is classified into North America, Europe, Asia-Pacific and the Rest of the World. North America has witnessed optimistic growth in the market in 2018 owing to the presence of major players in the market including Motorola Solutions Inc. and Harris Corp. These companies are significantly focusing on marketing their products across the globe and gain a competitive advantage. Additionally, a wide-ranging product portfolio offered by these companies is supporting to attract a significant number of end-users towards their wireless communication system, which in turn, is contributing to the considerable revenue generation from North America.
The major player in the global land mobile radio market includes Motorola Solutions Inc., Thales Group, Hytera communication corp. Ltd., L3Harris Technologies, Inc., Raytheon Co. (A Division of United Technologies Corp., Hytera Communications Corp. Ltd., Cartel Communication Systems, Inc., and JVCKENWOOD Corp. The strategies followed by the market players include mergers and acquisitions, partnerships and collaborations and geographical expansion to expand market share across the globe. For instance, in May 2017, Hytera communication corp. ltd. announced its acquisition of Sepura Group plc. Sepura is a communication system provider company and its product portfolio include TETRA,DMR, P25 and LTE system solutions. The Sepura's wide range of products will strengthen the Hytera product portfolio and enhance its geographic presence.
Research Methodology
The market study of the global land mobile radio system market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Authentic public databases
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for wireless communication system manufacturers, land mobile radio system manufacturers, and government agencies for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
- Global Land Mobile Radio System Market Research and Analysis by Type
- Global Land Mobile Radio System Market Research and Analysis by Application
The Report covers:
- Comprehensive research methodologies of the global land mobile radio system market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global land mobile radio system market.
- Insights about market determinants which are stimulating the global land mobile radio system market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- BK Technologies, Inc.
- Cartel Communication Systems, Inc.
- Honeywell International Inc.
- Hytera Communications Corp. Ltd.
- Icom. Inc.
- JVCKENWOOD Corp.
- L3Harris Technologies, Inc.
- Motorola Solutions, Inc.
- Nokia Corp.
- Raytheon Co. (A Division of United Technologies Corp.)
- Simoco Wireless Solutions, Ltd.
- Tait Communications, Ltd.
- Thales Group
