land mobile radio Market

The land mobile radio market size is expected to reach US$ 13.9 billion by 2030 from US$ 6.9 billion in 2022, with an estimated CAGR of 9.0% from 2022 to 2030.

A land mobile radio system is a two-way person-to-person stationary or portable voice communication system comprising of radio transceivers with an audio transmitter and receiver. The antennas of land mobile radio systems function at very high frequency (VHF) or ultra high frequency (UHF) bands and thus are suitable for mounting on vehicles or handheld transceivers. A typical land mobile radio system consists of base stations, vehicle mounted mobile radios, handheld portable radios, repeaters and other supporting network infrastructure. These systems are regularly utilized public safety organizations such as fire brigades and ambulances, law enforcement agencies (LEAs) such as police and state troopers, and other governmental bodies and are assigned specific frequencies solely for their usage. Commercial land mobile radio systems are available for business, industrial, and land transportation businesses, but over shared frequencies.

Based on type, the land mobile radio market is bifurcated into handheld and in-vehicle. The handheld segment led the land mobile radio market. Hand portable LMR has gained traction owing to its small dimensions and easy to use applications. Commercial, public and industrial application of LMR is on the rise over the forecast period thus boosting the market growth. Hand portable radios are also termed as mobile radios or walkie-talkie. Agriculture, construction and public safety and emergency services are some of the major end users of portable LMR. Thus, the increasing activities across the above-mentioned industries are increasing the demand for mobile LMR, thereby influencing the land mobile radio market players to develop new and advanced products. For instance, in August 2020, BK Technologies Corporation announced the launch of its new BKR 5000 portable radio. The product is designed to offer an array of programmable functionality to help first responders get the most out of their tactical communications.

Based on application, the land mobile radio market is segmented into commercial, industrial, public safety & government, and military. Police officials, government agencies, and fire fighters are some of the major contributors falling under this segment. Digital technology LMR along with 700 MHz & above frequency LMR are preferably favored by this segment owing to its requirement of wide range covering for communication purpose. Rising crime rate along the globe has raised the number of police officials being hired every year. Proper communications among police officers is a major stepping stone in nabbing criminals and decreasing the overall crime rate. Thus, these factors have increased the demand for critical communication devices among the law enforcement agencies, thereby contributing to the growth of the market. For instance, In the United States, First Net is the world leader in 4G/5G vital communications. The worldwide rollout of First Net continues, with over 13,000 public safety agencies and organizations employing more than 1.5 million connections on the First Net network.

The land mobile radio market is segmented based on type, technology, frequency, and application. Based on type, the land mobile radio market is bifurcated into handheld and in-vehicle. Based on technology, the land mobile radio market is split into analog and digital. Digital is further segmented into TETRA, DMR, P25, and others. Based on frequency, the land mobile radio market is segmented into 25 - 174 VHF, 200 - 512 UHF, and 700 MHz and above. Based on application, the land mobile radio market is categorized into commercial, industrial, public safety & government, and military. By region, the land mobile radio market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

L3Harris Technologies Inc, Motorola Solutions Inc, Tait Communications Ltd, Thales SA, Simoco Wireless Solutions Ltd, JVCKENWOOD Corp, BK Technologies Corp, Hytera Communications Corp Ltd, Icom Inc, and Sepura Ltd are among the key land mobile radio market players that are profiled in this market study.

The overall land mobile radio market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the land mobile radio market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the land mobile radio market.