[Astute Analytica Release] A study has been conducted to understand the state of the land mobile radio market in 2022.
North America now dominates the land mobile radio market due to increasing applications in key areas such as transportation, military and defense, the increasing digitization of analog land mobile radios, and increased R&D activity in the region. occupies.
Survey period: September 15th to December 19th, 2022
Research agency :
Survey contractor: Astute Analytica Co., Ltd.
Survey target: The survey was conducted with 890 leaders from organizations of all sizes around the world.
Number of valid responses: (890 people)
Survey method: Telephone survey of 300 people, Internet survey of 590 people Survey Respondents: The survey was conducted across companies based on revenue. [Image 1
Investigation result :
Q: How is the Land Mobile Radio market segmented by type?
In 2022, the mobile segment is expected to account for the largest revenue share with an amount of US$6,743 million. Technology users still rely on two-way radios to provide the communication they need to succeed in a safe, effective, and productive work environment. In fact, more industries are adopting two-way portable radios.
Q: How is the land mobile radio market segmented by frequency? Land mobile radios in the frequency band 450 to 512 MHz (UHF) are projected to grow at a compound annual growth rate (CAGR) of 12.81% by 2022, accounting for the highest market share in terms of revenue. [Image 4
Q: What are the preferred applications in the land mobile radio market? Land mobile radios have the most prevalent applications in the global market for public safety, which alone accounts for the majority of the market share.
Q: What are the key factors driving the Land Mobile Radio market? This market is expected to be driven by the growing importance of land mobile radios in critical telecommunications services. Security threats, increased terrorism and crime, and increased natural and man-made disasters are expected to significantly increase the demand for LMRs.
Land Mobile Radio Applications in Diverse Industries
Land mobile radios are used in a variety of industries including retail, transportation, utilities, mining, entertainment,
construction, manufacturing and tourism. LMRs come in a variety of types, including fixed base, portable handheld, and vehicle-mounted. Survey conclusions:
Research and development activities create lucrative growth
opportunities in the land mobile radio market. Companies continuously focus on research and development activities to enhance their market presence. In Europe, for example, various research and development activities have been initiated to design third generation mobile radio systems.
The land mobile radio market, despite some advantages, is expected to be hampered by the high cost of building LMRs, which require significant capital investment and training and skilled personnel. Read more: https://bit.ly/3kc6FtK
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