Land Cellular Radio Systems Market SWOT evaluation together with key gamers resembling Airbus DS Communications, Motorola Options Inc., Harris Company, Thales Group SA – KSU
Land mobile radio systems are widely used in a variety of industries such as manufacturing, construction, transportation, mining, and retail. However, lack of frequencies, limited channel capacity, and stringent government regulations are hampering the growth of the land mobile radio system industry. In addition, the growing demand for effective communications technologies in emerging markets such as Asia Pacific and LAMEA with heavy government investment is expected to provide ample opportunity for the land mobile radio systems industry to grow.
the globe Country market for mobile radio systems is estimated to reach $ 43,707 million by 2022, representing a CAGR of 17.1% from 2016 to 2022. In 2015, the portable land mobile radio system dominated the global market in terms of revenue. North America is expected to be the largest contributor to global market revenue during the forecast period.
The land mobile radio systems are used by a variety of end users including defense and public safety, commerce, construction, transportation and others to improve efficiency in the commercial sector and to provide emergency services to users during natural disasters and terrorist attacks. In 2015, the defense and security sector had the largest share of the global land mobile radio system industry and is estimated at $ 13,885 million by 2022, an annual growth rate of 15.4%. Land mobile radio systems are widely used by the defense sector and public safety organizations as they increase context awareness, improve decision-making, accelerate responsiveness, enable first responders to maintain peace and provide services to citizens.
The market for analog land mobile radio systems had the largest share of the global land mobile radio system in 2015 due to its low costs and intensive applications in non-business-critical communication. However, it is expected that the segment of digital land mobile radio systems will increase in the forecast period due to the high coverage, the lower power consumption, the log display, the integration of customer-specific software applications and the availability of data services. The market for digital land mobile radio systems is expected to grow with the highest CAGR of 24.9% in the forecast period.
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North America achieved the highest sales in the world market in 2015 with USD 5,595 million and is expected to reach USD 15,674 million by 2022, which corresponds to a CAGR of 15.9% in the forecast period. This is due to the increasing scope of application in the areas of commerce, government, construction and transportation in the region. The increasing influx of defense investment coupled with technological advances in the telecommunications industry has fueled market growth in this region.
Profiling for key players: Airbus DS Communications, Motorola Solutions Inc., Harris Corporation, Thales Group SA, JVC Kenwood Corporation, Raytheon Company, Cassadian Communications, Inc., Cartel Communication Systems, TE Connectivity Ltd and RELM Wireless Corporation.
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Highlights of the report:
- Comprehensive evaluation of all opportunities and risks on the world market.
- Country Mobile Radio System Market Recent Innovations and Major Events.
- In-depth study of the business strategies for the growth of the land cellular system market leaders.
- Final Study of Land Cellular Systems Market Growth for the Coming Years.
- In-depth knowledge of the land cellular systems market – especially drivers, restrictions, and important micro-markets.
- Favorable impression within the most important technological and current market trends in the market for land mobile radio systems.
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