Europe Digital Mobile Radio Market Size, Share & Industry Trends Analysis Report By Frequency (>700 MHz, 200-512 MHz, and 25-174 MHz), By Industry Vertical, By Product Type, By Tier, By Country and Growth Forecast, 2021 - 2027
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Europe Digital Mobile Radio Market
Market Report Description
The Europe Digital Mobile Radio Market would witness market growth of 9.6% CAGR during the forecast period (2021-2027).
DMR's open standard denotes its non-proprietary character, hence there are no license fees or proprietary software requirements. The DMR standard establishes the required specifications for DMR equipment in order to provide smooth operations, increased option availability, and cheap costs. Additionally, there is no additional airtime tax, such as the one linked with the use of mobile phones.
With TDMA (Time Division Multiple Access) technology, the DMRs simply quadruple the capacity of a 12.5 kHz channel. While DMR's analog equivalents employ a 12.5 KHz narrowband channel to provide a single communication line, DMR enables users to make two independent calls at the same time over the same channel. In the mobile radio industry, testing, voice including data services is effective. These services are useful for voice, communication, and emergency situations. The requirement for effective communication boosts productivity. As a result of these factors, industries are rapidly adopting digital mobile radio.
According to the data shared by the European commission, European industry is employing 405000 people in the production of civil aircrafts. In addition, the exports of aerospace industry of Europe are worth 109 billion euros in 2019. Further, the research and development expenditure of the aerospace and defense industry is 8 billion euros. These factors increase the tendency for the employment of the digital mobile radio technology in the aerospace & defense industry across the region.
The Germany market dominated the Europe Digital Mobile Radio Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $526.5 million by 2027. The UK market would exhibit a CAGR of 8.8% during (2021 - 2027). Additionally, The France market is expected to witness a CAGR of 10.4% during (2021 - 2027).
Based on Frequency, the market is segmented into >700 MHz, 200-512 MHz, and 25-174 MHz. Based on Industry Vertical, the market is segmented into Commercial, Aerospace & Defense, Oil & Gas, Industrial, Automotive, Transportation, Mining, and Others. Based on Product Type, the market is segmented into Hand Portable and In-Vehicle (Mobile). Based on Tier, the market is segmented into Tier 3, Tier 2, and Tier 1. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Digital Mobile Radio Market Size will Hit $7.2 Billion by 2027, at a CAGR of 10%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L3Harris Technologies, Inc., Raytheon Technologies Corporation, Thales Group S.A., Leonardo SpA, Motorola Solutions, Inc., Icom Incorporated, BK Technologies Corporation, Hytera Communications Corporation Limited, Simoco Wireless Solutions, and Tait Communications.
Scope of the Study
Market Segments Covered in the Report:
- >700 MHz
- 200-512 MHz
- 25-174 MHz
By Industry Vertical
- Aerospace & Defense
- Oil & Gas
By Product Type
- Hand Portable
- In-Vehicle (Mobile)
- Tier 3
- Tier 2
- Tier 1
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- L3Harris Technologies, Inc.
- Raytheon Technologies Corporation
- Thales Group S.A.
- Leonardo SpA
- Motorola Solutions, Inc.
- Icom Incorporated
- BK Technologies Corporation
- Hytera Communications Corporation Limited
- Simoco Wireless Solutions
- Tait Communications
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free