Land Mobile Radio Market – SWOT Analysis of Major Industry Segments

Posted by Andre on November 25th, 2019

A new research study from “Data Bridge Market Research”  with title Land Mobile Radio Market Insights 2019, Global  Analysis and Forecast to 2026 provides an in-depth assessment of the Land Mobile Radio Market  including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. Some of the leading key players profiled in this study: Sepura Limited, Motorola Solutions Inc., Harris Corporation, JVCKENWOOD Corporation, Thales Group, Raytheon Company, Hytera Communications Corporation Limited, BK Technologies

Global land mobile radio market is set to witness a healthy CAGR of 12% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017

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Market Definition: Global Land Mobile Radio Market

Land mobile radio systems are the terrestrially-based wireless communications systems which are commonly used by the state, federal, local, territorial and tribal emergency responders, public works companies and the military for supporting low-speed and voice data communications. These systems typically comprises of mobile radios, handheld portable radios, a network, repeaters and base stations.

Top Manufacturers Covered in the Report:

Few of the major competitors currently working in the global land mobile radio market are Sepura Limited, Motorola Solutions Inc., Harris Corporation, JVCKENWOOD Corporation, Thales Group, Raytheon Company, Hytera Communications Corporation Limited, BK Technologies, Tait Communications, Simoco, Artel, Codan Communications, Cisco Systems, Inc., Exacom Inc., Icom America Inc., Midland Radio, PowerTrunk.com  , Uniden America Corporation, ZETRON among others.

Regional analysis for Land Mobile Radio Market includes:

• North America
• Latin America
• Europe
• Asia Pacific & Japan
• The Middle East and Africa

Key Developments in the Market:

In March 2018, Motorola Solutions Inc. launched 3 new solutions for the enhancement of mission critical communications including an app for sharing the digital evidence. These solutions were LEX L11 Mission-Critical LTE Device, Capture Mobile Camera App, and APX 8500HP Mobile Radio. The launch of these new solutions provided the strengthening of LTE networks and communications for the first responders using land mobile radio

In May 2017, Hytera Communications Corporation Limited acquired Sepura Group PLC which was the leading worldwide provider of innovative professional mobile radio (PMR) communications solutions. The acquisition boosted the consumer base and product portfolio of Sepura which in return provided significant growth opportunities in the R&D and innovation domain

Market Drivers:

• Rising upgradations and enhancements of critical communication operations is enhancing the market growth
• Growing demand for reliable and cost effective land mobile radio systems is driving the market growth
• Surging applications in the major industries such as transportation and military & defense is a driving factor for market growth
• Increasing transitions of land mobile radios from analog to digital is flourishing the market growth

Some of the key questions answered in this report:

• Detailed Overview of Land Mobile Radio Market helps deliver clients and businesses making strategies.
• Influential factors that are thriving demand and constraints in the market.
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Land Mobile Radio Market?
• SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
• What growth momentum or acceleration market carries during the forecast period?

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