Land Mobile Radio (LMR) System Market Size, Share, Growth Report 2030

Land Mobile Radio (LMR) System Market

Land Mobile Radio (LMR) System Market- By Type (Mobile LMR System and Portable LMR System), By Technology (Analog LMR System and Digital LMR System) and By End-User (Defense & Public Safety, Commercial, Transportation, and Construction): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028

Category: Technology & Media Report Format : PDF Pages: 181 Report Code: ZMR-181 Published Date: Mar-2022 Status : Published

The global Land Mobile Radio (LMR) System Market accrued earnings worth approximately 36.87 (USD Billion) in 2021 and is predicted to gain revenue of about 50.12 (USD Billion) by 2028, is set to record a CAGR of nearly 17% over the period from 2022 to 2028.

Land Mobile Radio (LMR) System Market

The global Land Mobile Radio (LMR) System Market accrued earnings worth approximately 36.87 (USD Billion) in 2021 and is predicted to gain revenue of about 50.12 (USD Billion) by 2028, is set to record a CAGR of nearly 17% over the period from 2022 to 2028. The study provides assessment and analysis of the Land Mobile Radio (LMR) System Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).

Land Mobile Radio (LMR) System Market: Outlook

Land mobile radio system is a 2-way wireless communication tool utilized for critical communications by public safety firms. Furthermore, it is massively used by terrestrial users for communicating with a base station. It consists of vehicle-mounted mobile & portable radios as well as repeaters & network infrastructure. These tools provide interoperability between various agencies, integrate voice & data solutions, and improve compatibility with current tools including marine, construction, transport, military, and defense sectors.

Land Mobile Radio (LMR) System Market: Growth Drivers

Key factors driving growth of land mobile radio (LMR) system market over next six years can be credited to LMR system integration with LTE network. In addition to this, rapid increase in mission critical communication functions undertook by myriad industries will proliferate size of land mobile radio (LMR) system industry over ensuing years. Furthermore, massive utilization of LMR tools in defense & military and transport sectors will steer expansion of land mobile radio (LMR) system industry in years to come. Apart from this, land mobile radio technologies find extensive applications in utilities, hospitality, and manufacturing sectors.

Moreover, these new solutions offer improved signal coverage, enhanced voice quality, and elongated battery life, thereby driving market trends. Additionally, LMR technologies are utilized by fire agencies, law enforcement firms, ambulatory service providers, and paramedics. This will steer growth of land mobile radio (LMR) system industry. Surging demand for cost-efficient and reliable land mobile radio systems across globe will prop up progression of land mobile radio (LMR) system industry space.

Global Land Mobile Radio (LMR) System Market Request Free Sample

Land Mobile Radio (LMR) System Market: Regional Landscape

Asia Pacific Land Mobile Radio (LMR) System Market To Register Remarkable Growth Over 2022-2028

Expansion of land mobile radio (LMR) system market in Asia Pacific over forecasting timeline is subject to massive use of high-speed communication services in region. In addition to this, huge demand for enhancing efficiency of critical mission functions will provide new growth opportunities for land mobile radio (LMR) system industry in Asia Pacific. Presence of giant manufacturers in region will boost regional market size.

Land Mobile Radio (LMR) System Market: Competitive Landscape

Key participants profiled in report and influencing growth of land mobile radio (LMR) system industry are BK Technologies, L3Harris Technologies, Thales Group, Motorola Solutions, Inc., Cassadian Communications Incorporation, Airbus DS Communications, Inc., TE Connectivity, Honeywell International, Inc., The Raytheon Company, Nokia Networks, and JVC Kenwood Holdings Inc.

Report Scope:

The global Land Mobile Radio (LMR) System Market is segmented as follows:

By Type

  • Mobile LMR System
  • Portable LMR System

By Technology

  • Analog LMR System
  • Digital LMR System

By End-User

 By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

the rapid increase in mission critical communication functions undertook by myriad industries will proliferate size of land mobile radio (LMR) system industry over ensuing years.   

According to Zion market research report, The global Land Mobile Radio (LMR) System Market accrued earnings worth approximately 36.87 (USD Billion) in 2021 and is predicted to gain revenue of about 50.12 (USD Billion) by 2028, is set to record a CAGR of nearly 17% over the period from 2022 to 2028.

Asia Pacific will contribute lucratively towards the global market revenue over the projected timespan. The regional market surge is due to massive use of high-speed communication services in region.  

The key industry participants leveraging business landscape include BK Technologies, L3Harris Technologies, Thales Group, Motorola Solutions, Inc., Cassadian Communications Incorporation, Airbus DS Communications, Inc., TE Connectivity, Honeywell International, Inc., The Raytheon Company, Nokia Networks, and JVC Kenwood Holdings Inc.

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