| Status : Published | Published On : Jan, 2024 | Report Code : VRSME9141 | Industry : Semiconductor & Electronics | Available Format :
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Page : 225 |
Global Land Mobile Radio Market – Analysis and Forecast (2025-2030)
Industry Insight by Product Type (Hand Portable and In-Vehicle), by Technology (Analog and Digital), by Frequency (25-174 VHF, 200-512 UHF, and 700 MHz and Above), by Application (Commercial and Public Safety), and Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)
Industry Overview
The Global Land Mobile Radio (LMR) Market is anticipated to acquire a valuation of approximately USD 65.25 Billion by the end of 2030, registering a CAGR of 18.56% during the forecast period. Land mobile radio systems are wireless communications systems that are used on the ground by state, federal, local, territorial, and tribal emergency responders, public works companies, and the military to support low-speed and voice data communications. For companies that require crucial communication 24*7, these systems offer maximum interoperability and seamless communication. Thus, LMR systems have built-in resiliency and provide high degree of reliability. Mobile radios, handheld portable radios, a network, repeaters, and base stations are common components of these systems. LMR systems play an essential role in voice communications among public safety personnel, as well as in providing mission-critical features.
Market Segmentation
Insight by Product Type
Based on Product Type, the Global Land Mobile Radio Market is segmented into Hand Portable and In-Vehicle (Mobile). Hand portable LMR systems is expected to witness the largest market share during the forecast period owing to extensive adoption in several industry verticals like mining, construction, and corporate sector along with a surge in market demand from the government and defense sector so as to enable communications in the severe conditions. Moreover, hand-portable land mobile radios are convenient, easy to use, and used for group call communication. These are also called two-way wireless radios or Professional Mobile Radio (PMR).
Insight by Technology
Based on Technology, the Global Land Mobile Radio Market is bifurcated into Analog and Digital. Digital is further divided into TETRA, DMR, P25, and Others. Digital is anticipated to contribute the fastest growth during the forecast period as it is increasingly adopted to monitor crimes, terrorist activities, natural disasters, and cybercrimes. The increased adoption of DMR devices for enhancing voice quality, functionality, channel efficiency, and security, will propel the segment's expansion at a significant rate over the projection period. DMR's primary goal is to replace analog radio with a low-cost, simple digital standard.
Insight by Frequency
Based on Frequency, the Global Land Mobile Radio Market is classified into 25-174 VHF, 200-512 UHF, and 700 MHz and Above. The 700 MHz and above frequency will hold the major share owing to its long-range capability that allows operators to broadcast a higher range.
Insight by Application
Based on Application, the Global Land Mobile Radio Market is segregated into Commercial and Public Safety. The commercial is further divided into Transportation, Retail, Mining, Utility, and Others (Tourism, Manufacturing, Entertainment, and Construction). Public Safety is further divided into Home Security, Military & Defense, Fire Department, Emergency and Medical Services (EMS), and Others (Public Places, Events). The public safety segment contributes the largest share in the land mobile radio market as they are increasingly used by fire agencies, law enforcement firms, ambulatory service providers, and paramedics to monitor natural disasters, terrorist activities, and other circumstances. The ability of a land mobile radio system to integrate voice communications, data applications, and command centers with real-time decision-making has increased its demand in the defense sector.
Global Land Mobile Radio Market Report Coverage
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025 - 2030 |
|
Market Size in 2023 |
U.S.D. XX.XX Billion |
|
Revenue Forecast in 2030 |
U.S.D. 65.25 Billion |
|
Growth Rate |
18.56% |
|
Segments Covered in the Report |
By Product Type, By Technology, By Frequency, and By Application |
|
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
|
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Growth Drivers
The increased adoption and improvement in critical communication operations is the primary factor driving the market growth of the global land mobile radio industry. Moreover, the increased requirement of digital mobile technology by the users and regulatory bodies to enhance spectral efficacy and take advantage of voice and data will accelerate market development of the land mobile radio industry. Furthermore, other major drivers bolstering the land mobile radio market include concise & reliable communication across the service area, personalized and cost-effective communications by integrated data communication, and increased market demand for reasonable and reliable land mobile radios, thereby bolstering the market size of the global land mobile radio industry. Further, there is the increased use of land mobile radio systems in several industry verticals like military & defense, law enforcement agencies, transportation, etc. Also, the rising number of natural disasters, road accidents, and workplace mishaps will propel market growth
Thus, for hotels, theme parks, warehouses, manufacturing facilities, and public safety agencies such as police departments, firefighters, and emergency medical services (EMS), land mobile radio (LMR) systems are an important, rapid, and reliable means of communication. Hence, LMR systems are extensively deployed to facilitate seamless communication, provide important information, and transmit data in real-time for increased productivity and safety.
Challenges
The main reasons limiting the market growth are an increase in spectrum bandwidth restrictions and expensive production and setup costs, which will provide new challenges for the land mobile radio industry throughout the projection period. The Internet of Things is being embraced by many industries for communication purposes and provides them with a variety of functions as well. Additionally, it may pose a challenge to the market advancement of the land mobile radio system industry.
Opportunities
The industry participants provide significant growth opportunities in the global land mobile radio industry through:
- Voice encryption is required for secure communication.
- LMRs have access to dynamic spectrum
- Increased government spending on public safety
- Expansion in untapped markets
Geographic Overview
- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)
North America and Europe are expected to have significant growth in the land mobile radio market owing to increased occurrences of accidents and natural disasters along with rising use of digital technologies in various industry verticals like public safety, utility, transportation & logistics, military & defense, manufacturing, mining, etc.
Asia-Pacific is predicted to grow at a faster pace during the forecast period owing to the reliability and robustness of LMR systems, increased government expenditure, and economic stability in the region.
Competitive Insight
The key players in the land mobile radio market are offering personalized solutions and applications to satisfy customer needs. Moreover, they are discovering new technologies and solutions via scientific research and technology innovation. Furthermore, increased research and development activities by private and public organizations to develop customized solutions and innovative products will proliferate the market development of the land mobile radio industry.
L3Harris Technologies, one of the prominent global aerospace and defense technology innovators, provides end-to-end solutions that meet the mission-critical needs of their customers. The company offers cutting-edge defense and commercial technologies in space, air, land, sea, and cyberspace.
Project 25 (P25) is a suite of standards for North American digital radio communications for federal, state, and local public safety organizations, first responders, and utilities developed by the Association of Public-Safety Communications Officials-International (APCO), designed to allow interoperable multi-agency communications during emergency situations. Moreover, L3Harris radios are the standard means of communication for Indian Armed Forces, Special Forces, Paramilitary, and Law Enforcement agencies. Also, L3Harris is introducing the XL Series of converged LTE Land Mobile Radios, which can access powerful FirstNet® capabilities.
Leonardo has designed an innovative LMR system with an open architecture that easily adapts to changing communications requirements. Their customized solutions provide complete availability with built-in resiliency. Leonardo's ECOS-D software-defined digital mobile radio (DMR) solution offers clients flexible, innovative solutions to help improve communications in critical environments. Leonardo also owns one of Europe's largest Digital Mobile Radio networks for public transportation. Leonardo is a key player in the smart, sustainable, and secure mobility revolution, with its ITS Platforms (Intelligent Transport Systems), physical and cyber security, SCADA, professional communications, and onboard systems.
Recent Development by Key Players
At AUSA's Annual Meeting and Exposition in October 2022, L3Harris Technologies unveiled Iridium Distributed Tactical Communications Systems (DTCS) mission module, which enables push-to-talk voice and data for warfighters globally. The mission module connects the L3Harris AN/PRC-163 multi-channel handheld tactical radio to the United States Space Force's DTCS network, allowing warfighters in the field to communicate securely without carrying a separate Iridium satellite radio.
In October 2022, BK Technologies Company stated that production of its KNG mobile series radios has begun at its Melbourne, Florida manufacturing facility, with the radios expected to be manufactured exclusively in the United States beginning in 2023.
Key Players Covered in the Report
Some of the major players operating in the global land mobile radio industry include JVCKENWOOD Corporation, L3Harris Technologies, Inc., BK Technologies, Simoco Wireless Solutions, Leonardo S.p.a., Motorola Solutions, Inc., Thales, Hytera Communications Corporation Limited, Anritsu, and Tait Communications.
The Land Mobile Radio Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
- By Product Type
- Hand Portable
- In-Vehicle (Mobile)
- By Technology
- Analog
- Digital
- By Frequency
- 25-174 VHF
- 200-512 UHF
- 700 MHz
- By Application
- Commercial
- Public Safety
Region Covered in the Report
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
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Land Mobile Radio Market