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Land Mobile Radio Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Land Mobile Radio Market: By Type (Fixed Base, Handheld Portable radio and Vehicle Mounted radio); By Technology (Analog Technology and Digital Technology); By Frequency (25-174 MHz (VHF), 450-512 MHz (UHF) and 700 MHz and Above); By Application (Commercial and Public Safety); By Country—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2023–2031

  • Published On: 16-Dec-2022  |   Format: pdfpowerpointexcel  |  Report ID: AA1222342
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Land Mobile Radio Marke

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2022US$ 9,739.6 Million
Expected Revenue in 2031US$ 25,097.92 Million
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
CAGR11.61% (2023-2031)
Segments coveredBy Type, By Technology, By Frequency, By Application
Key Companies                                                                        Anritsu, BK Technologies, Cisco Systems Inc., CODAN Limited, Harris Corporation, Hytera Communications Corporation Limited, Icom, JVCKENWOOD Corporation, Leonardo USA, Motorola Solutions, Inc., Raytheon Technologies Corporation, Sepura Limited, Simoco Wireless Solutions, Tait Communications, Thales Group, Triple C Communications, Inc., Other prominent players
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FREQUENTLY ASKED QUESTIONS

The Global Land Mobile Radio Market was valued at US$ 9739.6 Mn in 2022.

The market is estimated to grow at a CAGR of 11.61% during the forecast period. 

The growing significance of efficient critical communication operations and application of Land Mobile radios in diverse industries is driving the market growth.

High cost of building LMRs is restraining market growth.

Research and development activities in Land Mobile Radio is expected to provide an opportunity for market growth.

The various segmentations considered to analyze the Global Land Mobile Radio Market are based on type, technology, frequency, application and region. 

Handheld portable radio segment held the highest segmental share in 2022 based on type. 

Analog type is the widely used in land mobile radio in the year 2022.

Public safety is the highest application segment in the global land mobile radio market in 2022.

North America holds the highest share in the global land mobile radio market in 2022.

Asia Pacific holds the highest share in the global land mobile radio market in 2022.

The key players analyzed in the land mobile radio market are Hytera Communications Corporation Limited, Triple C Communications, Inc., BK Technologies, Motorola Solutions, Inc., Anritsu, Leonardo USA, Tait Communications, Cisco Systems Inc., Thales Group and Harris Corporation among others.