This report also shows the production, consumption, revenue, gross margin, cost, gross, market share, CAGR and market factors influencing the Land Mobile Radio market at global level in 2018-2024. The Land Mobile Radio report analyzes the Land Mobile Radio market in excruciating detail by types, applications, players and regions. The regional segmentation covers the historical and forecast demands for North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. This report contains company profiles to better understand the key players and brands. The Land Mobile Radio market drivers and restraints have been derived from a well-known method called SWOT analysis. This report has studies in detail all the company profiles for the top players and brands and along with that the report also contains a synopsis of market definition, classifications, and market trends.
Global Land Mobile Radio Market accounted for USD 8.8 billion in 2016 growing at a CAGR of 14.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Competitors: Global Land Mobile Radio Market
Some of the major players of the global land mobile radio market are Sepura plc, Motorola Solutions, Inc., Harris Corporation, JVCKENWOOD Corporation, Thales Group, Raytheon Company, Hytera Communications, BK Technologies, Tait Communications, Simoco, Airbus DS Communications, Artel, Codan Group, Cisco Systems, Inc., EXACOM INC., Icom America Inc., Midland Radio, PowerTrunk, Uniden, Zetron, Inc. among others.
Global Land Mobile Radio Market By Geography, Type (Hand Portable, In-Vehicle); Technology (Analog, Digital), Frequency (VHF, UHF, SHF), By Device (Gateways, Transceivers, LMR Handlers), By Application (Commercial, Public Safety) – Industry Trends and Forecast to 2024
The report for land mobile radio market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is land mobile radio in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyses and do more affective investments.
Land mobile radio systems are designed for meeting need of public safety and deliver secured, reliable, critical voice communications in a wide range of environmental conditions and in emergency situations. The systems are used by federal, state, local emergency responders and military. The land radio system comprises of major components which includes handheld portable radios, base stations, network and repeater. The market is significantly being driven by the increasing importance of efficient critical communication operations, rising need demand of inexpensive and reliable land mobile radio, and increased applications of land mobile radio. However, the limited spectrum bandwidth, and the high cost of land mobile radio are the factors hampering the growth of the market.
Key Highlights of Report
- Overview of key market forces propelling and restraining market growth
- Offers a clear understanding of the competitive landscape and key product segments
- An analysis of strategies of major competitors
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Provides profiles of major competitors of the market.
- Details of their operations, product and services.
- Recent developments and key financial metrics.
Major Market Drivers & Restraints:
- Increasing importance of efficient critical communication operations
- Growth in demand of inexpensive and reliable land mobile radio
- Increased applications of land mobile radio
- Limited spectrum bandwidth
- High cost of land mobile radio
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