The "Land Mobile Radio Systems (LMR) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.
The land mobile radio systems market was valued at US$ 16.71 Bn in 2019 is expected to expand at a CAGR of 9.1% from 2020 to 2028.
The purpose of this strategic research study is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global land mobile radio industry.
With the advancements in wireless technology, the land mobile radio systems market is set to witness steady growth in the next few years. The growing need for seamless interoperable communication in mission critical as well as commercial applications is identified as the major factor driving the land mobile radio systems market.
The land mobile radio industry has been witnessing a shift in paradigm from analog to digital communication systems. The ongoing transition is expected to have positive impact on the market growth, expanding the application base of land mobile radio systems beyond military and public safety agencies.
These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 9.1% during the forecast period 2020 - 2028. Although issues including limited channel capacity, frequency spectrum shortage, and complexity related with the deployment resulting in increased up-front cost have somewhat marred the market growth, the advancements in wireless technology are expected to tame the impact of these challenges over the forecast period.
JVC KENWOOD Corporation
Cassadian Communications, Inc. (Airbus DS Communications, Inc.)
Motorola Solutions Inc.
RELM Wireless Corporation
Nokia Networks B.V.
TE Connectivity Ltd.
The report offers strategic insights into the global land mobile radio systems market along with the market size and estimates for the duration 2018 to 2028.
The said research study covers in-depth analysis of multiple market segments based on product, technology, end-users, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading land mobile radio system vendors, market positioning, and key developments.
Other in-depth analysis provided in the report includes:
Current and future market trends to justify the forthcoming attractive markets within the land mobile radio industry
Market fuelers, market impediments, and their impact on the market growth
In-depth competitive environment analysis
Value Chain Analysis
Trailing 2-Year market size data (2018 - 2019)
SRC (Segment-Region-Country) Analysis
Overall, the research study provides a holistic view of the global land mobile radio systems market, offering market size and estimates for the period from 2020 to 2028, keeping in mind the above mentioned factors.
Key Topics Covered:
1.1. Report Scope and Description
1.2. Research Methodology
2. Executive Summary
2.1. Land Mobile Radio Systems Market Industry Snapshot
3. Global Land Mobile Radio Systems Market Analysis
3.1. Land Mobile Radio Systems Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key LMR System Manufacturers
4. Global Land Mobile Radio Systems Market By Type, 2018 - 2028 (US$ Bn)
4.1. Pac-Man Analysis
4.2. Hand Portable
4.3. Mobile (Vehicular)
5. Global Land Mobile Radio Systems Market, By Technology, 2018 - 2028, (US$ Bn)
5.1. Pac-Man Analysis
6. Global Land Mobile Radio Systems Market, By End-use, 2018 - 2028 (US$ Bn)
6.1. Tornado Analysis
6.2. Public Safety
6.5. Oil and Gas
6.7. Others (Construction, etc.)
7. North America Land Mobile Radio Systems Market, 2018 - 2028 (US$ Bn)
7.2. North America Land Mobile Radio Systems Market, By Type, 2018 - 2028 (US$ Bn)
7.3. North America Land Mobile Radio Systems Market, By Technology, 2018 - 2028 (US$ Bn)
7.4. North America Land Mobile Radio Systems Market, By End-use, 2018 - 2028 (US$ Bn)
7.5. North America Land Mobile Radio Systems Market, By Country 2018 - 2028 (US$ Bn)
8. Europe Land Mobile Radio Systems Market, 2018 - 2028 (US$ Bn)
9. Asia Pacific Land Mobile Radio Systems Market, 2018 - 2028 (US$ Bn)
10. Rest of World Land Mobile Radio Systems Market, 2018 - 2028 (US$ Bn)
For more information about this report visit https://www.researchandmarkets.com/r/peoyew
View source version on businesswire.com: https://www.businesswire.com/news/home/20210223005883/en/
Laura Wood, Senior Press Manager
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