Land Mobile Radio Market Size, Share, Opportunities, And Trends By Type (Digital, Analog), By Industry (Military And Defense, Aviation, Mining, Marine, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061610413
- Pages : 146
The land mobile radio market is projected to grow at a CAGR of 11.50% during the forecast period.
Land Mobile Radio (LRM), is a two-way radio transceiver communication system that uses push-to-talk technology. This can occur in a number of mediums, including portable, vehicle-mounted, and fixed bases. LMR is a key mode of communication for various businesses, allowing for secure and instant continuous contact.
Increased demand for dependable and cost-effective LMR systems, as well as increased applications in major industries such as transportation and military & defence, an increase in the transition of land mobile radios from analogue to digital, and an increase in market research and development activities, are all critical factors accelerating market growth. Furthermore, technical improvements and the modernization of manufacturing processes, as well as an increase in demand from emerging countries, would provide new market opportunities.
However, constraints such as restricted channel capacity, complexity in deployment, frequency spectrum scarcity, and high manufacturing and setup costs are limiting market expansion.
Drivers
- Growing application in the military and defence sector
Law enforcement and emergency responders in the military and defence sectors are increasingly using LMR systems to provide rescue services during natural disasters, terrorist attacks, and other emergencies. Abiom, for instance, has deployed a considerable number of radios by November 2019, including 57,000 hand-portable terminals and 10,000 SRG3900 mobile radios for public safety vehicles to replace Dutch National Police TETRA radio terminals. Abiom was also granted a contract to deliver over 400 specialized Intrinsically-Safe radios, which are utilized by emergency responders in hostile situations. Law enforcement organizations may use mission-critical communication and intelligence to broadcast video, access data, and collaborate in real-time. The integration of voice communications, data applications, and command centres in an LMR system allows responders to enhance real-time decision-making abilities, which has increased its demand in the defence sector.
Restraints
- High initial cost and power consumption
LMR equipment offers one of the best coverage for any wireless communications technology, but it comes at a cost. LMR systems are notorious for having high initial costs. In other cases, the initial expenses do not even include the cost of equipment and only comprise the cost of using the service. When the cost of equipment is included, the prices can quickly skyrocket. Furthermore, high-power mobile radios require a lot of power and, as a result, have large batteries. ore battery power is required to transmit across large distances for extended periods of time.
Impact of Covid-19 on the Land Mobile Radio Market
The Land Mobile Radio market is undergone massive changes due to the COVID-19 pandemic. The majority of industries throughout the world have been adversely affected. This is due to production and supply-chain disruptions caused by various precautionary lockdowns and other restrictions imposed by regulatory bodies throughout the world. However, when the mandated lockdowns are lifted, the market is expected to recover.
Key Developments:
- September 2021 - Pryme demonstrated its new PrymeMAX portfolio of industrial-grade accessories that are adaptable enough to function with both LMR phones and LTE devices that provide push-to-talk-over-cellular (PoC) services and will be sold at a cheaper price than equivalent LMR accessories offered by the company.
- September 2021 - Anterix and Evergy signed an agreement that will allow Evergy to use the 900 MHz broadband spectrum by Anterix throughout Evergy's 28,130-square-mile service region in Kansas and Missouri.
Market Segmentation:
- By Type
- Digital
- Analog
- By Industry
- Military and Defense
- Aviation
- Mining
- Marine
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- Others
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Russia
- France
- Spain
- Italy
- Others
- Middle East and Africa
- UAE
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- India
- China
- Japan
- Australia
- Others
- North America
1.1. Market Overview
1.2. Covid-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. Research Methodology
2.1. Research Process and Design
2.2. Research Assumptions
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s 5 Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of Substitutes
4.5.4. Threat of New Entrants
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. Land Mobile Radio Market Forecast by Type (US$ billion)
5.1. Digital
5.2. Analog
6. Land Mobile Radio Market Forecast by Industry (US$ billion)
6.1. Military and Defense
6.2. Aviation
6.3. Mining
6.4. Marine
6.5. Others
7. Land Mobile Radio Market by Geography (US$ billion)
7.1. North America
7.1.1. United States
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. UK
7.3.2. Russia
7.3.3. France
7.3.4. Spain
7.3.5. Italy
7.3.6. Others
7.4. Middle East and Africa
7.4.1. UAE
7.4.2. Saudi Arabia
7.4.3. Israel
7.4.4. Others
7.5. Asia Pacific
7.5.1. India
7.5.2. China
7.5.3. Japan
7.5.4. Australia
7.5.5. Others
8. Competitive Intelligence
8.1. Investment Analysis
8.2. Recent Deals
8.3. Strategies of Key Players
9. Company Profiles
9.1. Harris Corporation
9.2. Sepura
9.3. Thales Defense & Security, Inc.
9.4. BK Technologies
9.5. Tait Radio Communications
9.6. Hytera Communications
9.7. Simoco
9.8. JVC Kenwood Corporation
9.9. Motorola
9.10. Anritsu
Harris Corporation
Sepura
Thales Defense & Security, Inc.
BK Technologies
Tait Radio Communications
Hytera Communications
Simoco
JVC Kenwood Corporation
Motorola
Anritsu
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