Global Land Mobile Radio System Market Research Report - Forecast till 2023

Global Land Mobile Radio System Market Research Report – Forecast till 2023

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Description

Land mobile radio (LMR) is a terrestrial two-way wireless communication device used for critical communication by public safety and commercial organizations around the world. These radios are either carried by individuals or installed in vehicles. LMR systems typically consist of radios, base stations, repeaters, consoles and related accessories, and network infrastructure. Typically, LMR systems are deployed independently but can also be connected to other stationary systems such as cellular or public telephone networks. Over the years, LMR systems have become a vital component in the communications industry. There have been significant innovations in LMR systems owing to technological advancements and improved software systems. Companies such as Motorola Solutions, Inc., JVCKenwood Corporation, and Thales Group have invested heavily in LMR systems, which would significantly propel market growth. The increasing demand for LMR in private security services, rising need for military communication equipment, and growing defense expenditure are the key factors driving the growth of the global market. Furthermore, the rising adoption of LMR in industrial and commercial applications offers promising growth opportunities for market players. The increased use of unmanned aerial vehicles (UAVs) in the military is hindering market growth to a certain extent.

Regional Analysis
The global land mobile radio system market is estimated to register a 10.69% CAGR during the forecast period of 2018 to 2023. In 2017, the market was led by North America with a 31.84% share, followed by Europe and Asia-Pacific with shares of 28.73% and 27.46%, respectively. Asia-Pacific is expected to be the fastest-growing land mobile radio system market, while North America is projected to dominate the global market during the forecast period. The presence of key companies such as Motorola Solutions, Inc., Harris Corporation, and RELM Wireless Corporation in North America is also expected to contribute to the growth of the regional market.
Increasing military budget allocations by the US Department of Defense (DOD) for developing tactical communication systems, in recent years, has resulted in a significant demand for radio systems.

Key Players
Harris Corporation (US), Hytera Communications Corporation Limited (China), ICOM Incorporated (Japan), JVCKenwood Corporation (Japan), Leonardo SpA (Italy), Motorola Solutions, Inc. (US), RELM Wireless Corporation (US), Simoco Wireless Solutions (UK), Tait Ltd (New Zealand), and Thales Group (France), are some of the key players profiled in this report. Motorola Solutions, Inc. and JVCKenwood Corporation are the leading players and together accounted for nearly 50% of the market share in 2017.

Objective of the Global Land Mobile Radio System Market Report—Forecast till 2023
• To provide insights into factors influencing market growth
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and key countries
• To provide historical and forecast revenue of the market segments based on type, application, technology, and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market

Target Audience
• Military and defense organizations
• Government and regulatory authorities
• Communication solutions providers
• Military end users
• Land mobile radio manufacturers, service providers, and distributors
• Military equipment manufacturers

Key Findings
• The global land mobile radio system market has been segmented, on the basis of type, into portable and vehicle-mounted. The portable segment market is projected to register the higher CAGR of 11.08% during the forecast period.
• The global land mobile radio system market has been divided, by application, into public safety and commercial. The public safety segment market is projected to register the higher CAGR of 10.76% during the forecast period.
• The global land mobile radio system market has been classified, on the basis of technology, as digital and analog. The digital segment market is projected to register the higher CAGR of 11.84% during the forecast period.
• Asia-Pacific is projected to be the fastest-growing land mobile radio system market, registering the highest CAGR of 11.67%% during the forecast period to reach a market size of USD 3,213.2 million by the end of 2023.

The regional analysis also includes:
• North America
o US
o Canada
• Europe
o France
o UK
o Germany
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
• Rest of the World
o Middle East & Africa
o Latin America

Additional information

Publisher

Geography Covered

Date Published

Pages

Format

Table of Contents

 

1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing demand for land mobile radio in private security services industry
4.2.2 Rise in defense expenditure and subsequent demand for military communication equipment
4.3 Restraints
4.3.1 Rise of automated security systems for public safety
4.3.2 Increased use of UAVs in military missions
4.4 Opportunity
4.4.1 Rising uptake of LMR for industrial and commercial applications
4.5 Trend
4.5.1 Transition to LTE technology
5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Supply Chain
6 Global Land Mobile Radio System Market, By Type
6.1 Overview
6.1.1 Portable
6.1.2 Vehicle-mounted
7 Global Land Mobile Radio System Market, By Application
7.1 Overview
7.1.1 Public Safety
7.1.2 Commercial
8 Global Land Mobile Radio System Market, By Technology
8.1 Overview
8.1.1 Digital
8.1.2 Analog
9 Global Land Mobile Radio System Market, By Region
9.1 Overview
9.2 North America
9.2.1 US
9.2.1.1 US by Type
9.2.1.2 US by Application
9.2.1.3 US by Technology
9.2.2 Canada
9.2.2.1 Canada by Type
9.2.2.2 Canada by Application
9.2.2.3 Canada by Technology
9.3 Europe
9.3.1 France
9.3.1.1 France by Type
9.3.1.2 France by Application
9.3.1.3 France by Technology
9.3.2 UK
9.3.2.1 UK by Type
9.3.2.2 UK by Application
9.3.2.3 UK by Technology
9.3.3 Germany
9.3.3.1 Germany by Type
9.3.3.2 Germany by Application
9.3.3.3 Germany by Technology
9.3.4 Rest of Europe
9.3.4.1 Rest of Europe by Type
9.3.4.2 Rest of Europe by Application
9.3.4.3 Rest of Europe by Technology
9.4 Asia-Pacific
9.4.1 China
9.4.1.1 China by Type
9.4.1.2 China by Application
9.4.1.3 China by Technology
9.4.2 India
9.4.2.1 India by Type
9.4.2.2 India by Application
9.4.2.3 India by Technology
9.4.3 Japan
9.4.3.1 Japan by Type
9.4.3.2 Japan by Application
9.4.3.3 Japan by Technology
9.4.4 Rest of Asia-Pacific
9.4.4.1 Rest of Asia-Pacific by Type
9.4.4.2 Rest of Asia-Pacific by Application
9.4.4.3 Rest of Asia-Pacific by Technology
9.5 Rest of the World
9.5.1 Middle East & Africa
9.5.1.1 Middle East & Africa by Type
9.5.1.2 Middle East & Africa by Application
9.5.1.3 Middle East & Africa by Technology
9.5.2 Latin America
9.5.2.1 Latin America by Type
9.5.2.2 Latin America by Application
9.5.2.3 Latin America by Technology
10 Competitive Landscape
10.1 Competitive Scenario
10.2 Market Share Analysis
11 Company Profiles
11.1 Harris Corporation
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products/Services Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategy
11.2 Hytera Communications Corporation Ltd.
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products/Services Offered
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategy
11.3 ICOM Inc.
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products/Services Offered
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategy
11.4 JVCKenwood Corporation
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products/Services Offered
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategy
11.5 Leonardo S.p.A
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products/Services Offered
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.5.6 Key Strategy
11.6 Motorola Solutions, Inc.
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products/Services Offered
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.6.6 Key Strategy
11.7 RELM Wireless Corporation
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products/Services Offered
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.7.6 Key Strategy
11.8 Simoco Wireless Solutions Limited
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Products/Services Offered
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.8.6 Key Strategy
11.9 Tait Ltd.
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Products/Services Offered
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.9.6 Key Strategy
11.1 Thales Group
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Product Offerings
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.10.6 Key Strategy
12 Appendix
12.1 References

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