Land Mobile Radio (LMR) Systems Market, By Type (Hand Portable and Mobile), By Technology (Analog, Digital (TETRA, Project 25, dPMR, DMR, and TETRAPOL)), By Application (Military (Government), Commercial, Construction, Transportation, and Others (Mining a

Land Mobile Radio (LMR) Systems Market, By Type (Hand Portable and Mobile), By Technology (Analog, Digital (TETRA, Project 25, dPMR, DMR, and TETRAPOL)), By Application (Military (Government), Commercial, Construction, Transportation, and Others (Mining and Utilities)) and by Region (North America, Europe, APAC, RoW) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Land mobile radio (LMR) system is a communication system that uses radio waves as a medium of communications. It is also called as public land mobile radio and is designed for use among terrestrial users on foot or in vehicles. These systems are used by first responder organizations such as police departments, emergency medical service providers, fire departments, and others. Organizations are shifting towards digital technology owing to several benefits such as enhanced voice quality, data capabilities, better spectral efficiency, and other features including VoIP and video streaming. Integration of LMR systems with LTE technology further offers substantial growth opportunities for the LMR systems market in the near future.
Market Dynamics
Land mobile radio (LMR) system plays crucial role in the disaster management. It helps staff to communicate over the short (using radio waves) and long distance (using LTE network) to manage disaster effectively. In the recent past, countries such as China, India, Japan, and US witnessed deadliest natural disasters due to which government spending (of these countries) on disaster management is increased. For instance, in 2021, government of India has increased its disaster management spending from US$ 15111.60 million in 2018 to US$ 15111.60 million in 2021, which is more than 5% compared to previous year. Thus, increasing government spending on disaster management is expected to drive the global Land mobile radio (LMR) system during the forecast period. (2022-2028).
Although Land mobile radio (LMR) system offers effective communication among staff which helps to monitor system centrally. However, global land mobile radio (LMR) systems market faces various challenges such as high installation cost, skilled technician to handle the system and others. Such challenges may hamper the growth of global Land mobile radio (LMR) system market during the forecast period.
Market Taxonomy
This report segments the global land mobile radio (LMR) systems market on the basis of Type, technology, application, and region. On the basis of Type, the global land mobile radio (LMR) systems market is segmented into hand portable and mobile. On the basis of technology, the global land mobile radio (LMR) systems market is segmented into analog and digital. Digital segment is further sub segmented into TETRA, Project 25, dPMR, DMR, and TETRAPOL. On the basis of application, the global land mobile radio (LMR) systems market is segmented into military (government), commercial, construction, transportation, and others (mining and utilities). On the basis of region, the global land mobile radio (LMR) systems market is segmented into North America, Latin America, Europe, Asia Pacific, and Rest of the World.
Key features of the study:
This report provides an in-depth analysis of the global land mobile radio (LMR) systems market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global land mobile radio (LMR) systems market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global land mobile radio (LMR) systems market are JVC KENWOOD Corporation, Tait Ltd., Thales Group S.A., Nokia Networks B.V., Raytheon Company, RELM Wireless Corporation, Cassadian Communications, Inc. (Airbus DS Communications, Inc.), Motorola Solutions Inc., and Harris Corporation.
The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global land mobile radio (LMR) systems market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global land mobile radio (LMR) systems market.
Detailed Segmentation:
Global Land Mobile Radio (LMR) Systems Market, By Type:
Hand Portable
Mobile
Global Land Mobile Radio (LMR) Systems Market, By Technology:
Analog
Digital
TETRA
Project 25
dPMR
DMR
TETRAPOL
Global Land Mobile Radio (LMR) Systems Market, By Application:
Military (Government)
Commercial
Construction
Transportation
Others (Mining and Utilities)
Global Land Mobile Radio (LMR) Systems Market, By Region:
North America
Latin America
Europe
Asia Pacific
MEA
Company Profiles
JVC KENWOOD Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Tait Ltd.
Thales Group S.A.
Nokia Networks B.V.
Raytheon Company
RELM Wireless Corporation
Cassadian Communications, Inc. (Airbus DS Communications, Inc.)
Motorola Solutions Inc.
Harris Corporation.
*Browse all the market data tables and figures on “Global Land Mobile Radio (LMR) Systems Market- Forecast to 2027”