Equipment that meets TETRA standards offers advanced features such as integrated GPS and navigator to enable users to get precise target locations. It also helps to enhance communication by storing and sharing data with other users via wired and wireless connection. Additionally, by offering a noise-canceling chip, they enable users to experience higher audio quality. The European Institute of Telecommunications Standards (ETSI) developed a set of standards for common mobile radio communication infrastructure across Europe. This set of rules is termed TETRA. These standards focus primarily on public safety groups and service providers of voice & data communications. TETRA is a specification for a two-way transceiver. It is designed to provide secure and highly scalable security against external manipulation to government agencies, public safety networks, and others.
MARKET DYNAMICS
Technological advances and rising demand for secure communication and public safety encourage radio manufacturers to include applications in their devices. GIS, fingerprint scanning, combined call attendance, call recording, alarms, and events & call priority management in critical situations are some of the features these applications offer. The inclusion of these applications is estimated to boost the growth of the market. The high cost of communications equipment development and maintenance is projected to inhibit the market growth. Developing infrastructure requires high capital investment. Further hardware integration is needed to incorporate capabilities to coexist with other services, which leads to more complexities. These factors, together with the strict requirements for obtaining a TETRA license, are prone to hinder the market growth.
MARKET SCOPE
The "Global Terrestrial Trunked Radio (TETRA) Market Analysis To 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The Terrestrial Trunked Radio (TETRA) market report aims to provide an overview of the Terrestrial Trunked Radio (TETRA) market with detailed market segmentation by modes of operation, application, and geography. The global Terrestrial Trunked Radio (TETRA) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Terrestrial Trunked Radio (TETRA) market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Terrestrial Trunked Radio (TETRA) market is segmented on the basis of modes of operation, and application. Based on modes of operation, the Terrestrial Trunked Radio (TETRA) market is segmented into: Trunked Mode Operation (TMO) and Direct Mode Operation (DMO). On the basis of application, the Terrestrial Trunked Radio (TETRA) market is segmented into: Transportation and Logistics, Public Safety and Government, Utilities, Defense, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Terrestrial Trunked Radio (TETRA) market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Terrestrial Trunked Radio (TETRA) market by each region is later sub-segmented by respective countries and segments. The Terrestrial Trunked Radio (TETRA) market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Terrestrial Trunked Radio (TETRA) market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the Terrestrial Trunked Radio (TETRA) market in these regions.
MARKET PLAYERS
The reports cover key developments in the Terrestrial Trunked Radio (TETRA) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Terrestrial Trunked Radio (TETRA) market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the Terrestrial Trunked Radio (TETRA) market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Terrestrial Trunked Radio (TETRA) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Airbus Defence and Space
- BiTEA
- Damm Cellular Systems A/S
- Hytera Communications
- JVCKENWOOD
- MOTOROLA SOLUTIONS, INC.
- Rohill Engineering B.V.
- Sepura
- Simoco
- Thales Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.