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The global Land Mobile Radio Systems Market Size is expected to attain a market size of $41.7 billion by 2022, growing at a CAGR of 19.6% during the forecast period.
Land Mobile Radio (LMR) Systems are terrestrially-based, wireless communications system which are most commonly used by the federal, state, local, tribal, and territorial emergency responders, public works companies, and also the military to support voice and low-speed data communications. LMR systems have been designed for the purpose of public safety. LMR systems are used to deliver secure, reliable, mission-critical voice communications in different conditions and in instances of emergencies, and are among the most reliable means of voice communication. Digitalization has gain popularity among population in the recent years. Demand of digital tools has been rapidly increasing in almost every sector.
Digital mobile radio system would offer several benefits to the business and industrial sectors, as it helps in enhancing productivity. Based on the type, the Land Mobile Radio System market is segmented into Portable and Mobile. Based on the Technology Type, the market is segmented into Analog and Digital. The verticals covered under the report include Defense & Public Safety, Commercial, Construction, Transportation & Logistics and Others.
Based on region, Land Mobile Radio (LMR) System market is segmented into North America (US, Canada, Mexico and Rest of North America), Europe (Germany, UK, France, Russia, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Australia and Rest of Asia-Pacific) and Latin America, and Middle East & Africa. North America remained the dominant region in the global Land Mobile Radio (LMR) System market. Asia-Pacific would witness promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Land Mobile Radio (LMR) System market. Key companies profiled in the report include Airbus Group, Thales Group S.A., Jvc Kenwood Corporation, TE Connectivity Ltd., Relm Wireless Technology, The Raytheon Company, Motorola Solutions Inc. and Harris Corporation.