Global Land Mobile Radio (LMR) Market 2024-2028

Global Land Mobile Radio (LMR) Market 2024-2028

Global Land Mobile Radio (LMR) Market 2024-2028

The land mobile radio (LMR) market is forecasted to grow by USD 15073.8 mn during 2023-2028, accelerating at a CAGR of 13.64% during the forecast period. The report on the land mobile radio (LMR) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing significance of efficient critical communication operations, increasing demand for military and commercial applications, and growing demand in aviation.

Technavio's land mobile radio (LMR) market is segmented as below:

• By Technology
• DMR
• Project 25
• TETRA
• Others
• By Type
• Hand portable
• In-vehicle
• By Geographical Landscape
• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the upgradation of land mobile radios from analog to digital as one of the prime reasons driving the land mobile radio (LMR) market growth during the next few years. Also, convergence of LTE networks with land mobile radio technology and compliance with TETRA and project 25 standard will lead to sizable demand in the market.

The report on the land mobile radio (LMR) market covers the following areas:

• Land mobile radio (LMR) market sizing
• Land mobile radio (LMR) market forecast
• Land mobile radio (LMR) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading land mobile radio (LMR) market vendors that include Anritsu Corp., BK TECHNOLOGIES CORP., Burk Technology, Codan Communications, Crescend Technologies LLC, Helios Power Solutions, Hytera Communications Corp. Ltd., Icom America Inc., JNB Electronics Pty Ltd., JVCKENWOOD Corp., L3Harris Technologies Inc., Leonardo USA, Motorola Solutions Inc., PowerTrunk Inc., Puget Sound Instrument, Scottish Communications Group, Sepura Ltd., Tait Communications, Texas Instruments Inc., Thales Group, and Viavi Solutions Inc.. Also, the land mobile radio (LMR) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.