Global Two Way Radio Equipment Market Growth 2023-2029

Global Two Way Radio Equipment Market Growth 2023-2029

A two-way radio is simply a radio that can both transmit and receive (a transceiver). In broader terms, most of voice wireless communications systems, including cellular system, fall into two-way radio definition. In this report, two-way radio refers to radio system mainly used for group call communication. This two-way radio system is also known as Professional Mobile Radio (PMR), Land Mobile Radio (LMR) ,Private Mobile Radio (PMR) or Public Access Mobile Radio (PAMR) system. The two-way radio equipment refer to the terminal used in this system.They major include portable radios terminal and mobile radios terminal.

Two-way radio offers certain advantages that make it the clear choice for the vast majority of mobile professionals who require an affordable, flexible, highly reliable solution – along with the power and range available only in licensed bands. Advantages of two-way radio include:
LPI (LP Information)' newest research report, the “Two Way Radio Equipment Industry Forecast” looks at past sales and reviews total world Two Way Radio Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Two Way Radio Equipment sales for 2023 through 2029. With Two Way Radio Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Two Way Radio Equipment industry.
This Insight Report provides a comprehensive analysis of the global Two Way Radio Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Two Way Radio Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Two Way Radio Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Two Way Radio Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Two Way Radio Equipment.
The global Two Way Radio Equipment market size is projected to grow from US$ 8589 million in 2022 to US$ 10500 million in 2029; it is expected to grow at a CAGR of 10500 from 2023 to 2029.
The major players in global Two Way Radio Equipment market include Motorola, KENWOOD, etc. The top 2 players occupy about 15% shares of the global market. North America and Europe are main markets, they occupy about 50% of the global market. Digital is the main type, with a share over 55%. Public Safety and Public Utilities are main applications, which hold a share over 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Two Way Radio Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Analog
Digital
Segmentation by application
Public Safety
Public Utilities
Commerce & Industry
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Motorola
KENWOOD
Icom
Hytera
Tait
Sepura
Yaesu
Neolink
Vertex Standard
Quansheng
Uniden
Midland
Simoco
Entel
BFDX
Kirisun
Lisheng
Abell
Weierwei
HQT
Key Questions Addressed in this Report
What is the 10-year outlook for the global Two Way Radio Equipment market?
What factors are driving Two Way Radio Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Two Way Radio Equipment market opportunities vary by end market size?
How does Two Way Radio Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.