Global Land Mobile Radio Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Land Mobile Radio Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Land Mobile Radio (LMR) is a communications device that provides seamless and mission-critical voice communications and data services.

Market Overview:

The latest research study on the global Land Mobile Radio Systems market finds that the global Land Mobile Radio Systems market reached a value of USD 9691.09 million in 2022. It’s expected that the market will achieve USD 14190.26 million by 2028, exhibiting a CAGR of 6.56% during the forecast period.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Motorola Solutions, Inc. is one of the major players operating in the Land Mobile Radio Systems market, holding a share of 11.32% in 2019.

Motorola Solutions, Inc. provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

Hytera Communications Corporation Limited researches, develops, produces, sells, and services radio terminals, cluster systems, dispatch systems, and other professional wireless communication equipment and software. It offers analog products and solutions; digital mobile radios, and digital products and solutions; terrestrial trunked radios, police digital trunking; LTE-PMR solutions; and emergency response systems. The company also provides accessories, such as audio accessories; batteries and chargers; and carrying cases.

Segmentation Overview:

Among different product types, Police segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the First Responders (Police, Fire & EMS) segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Land Mobile Radio Systems market covered in Chapter 3:

Thales SA
Motorola Solutions, Inc.
JVC Kenwood Corporation
Simoco Wireless Solutions
Hytera Communications Corporation Limited
BK Technologies
Harris Corporation
Tait Radio Communications Limited
Leonardo S.p.A.
ICOM Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Land Mobile Radio Systems market from 2018 to 2029 is primarily split into:

Project 25
TETRA
DMR
NXDN
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Land Mobile Radio Systems market from 2018 to 2029 covers:

Military
Commercial
Construction
Transportation
First Responders (Police, Fire & EMS)
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)