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Land Mobile Radio Market

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Land Mobile Radio Market by Type (Hand Portable, and In-Vehicle), Technology (Analog, and Digital), Frequency (25-174 MHz, 200-512 MHz, 700 MHZ & above), Application (Commercial, and Public Safety), and Geography – PowerPoint PPT presentation

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Title: Land Mobile Radio Market


1
MarketsandMarkets Research Private Ltd.
Presents
Land Mobile Radio Market worth 20.82 Billion USD
by 2022
https//www.marketsandmarkets.com/Market-Reports/l
and-professional-mobile-radio-market-27811764.html

2
According to the new market research report "Land
Mobile Radio Market by Type (Hand Portable, and
In-Vehicle), Technology (Analog, and Digital),
Frequency (25-174 MHz, 200-512 MHz, 700 MHZ
above), Application (Commercial, and Public
Safety), and Geography - Global Forecast to
2022", the Land Mobile Radio (LMR) market is
expected to be valued at USD 20.82 Billion by
2022, growing at a CAGR of 14.3 between 2016 and
2022. Demand for inexpensive and reliable land
mobile radios, growing significance of efficient
critical communication operations, application of
land mobile radios in diverse industries, and
transition of communication devices from analog
to digital are some of the factors driving the
land mobile radio market. Browse gtgt
69 market data tables
54 figures 146 pages and
in-depth TOC on Land Mobile Radio Market
https//www.marketsandmarkets.com/Market-Reports
/land-professional-mobile-radio-market-27811764.ht
ml Early buyers will receive 10
customization on this report. https//www.markets
andmarkets.com/PressReleases/land-professional-mob
ile-radio.asp
3
Digital technology expected to grow at a high
rate during the forecast period The market for
digital land mobile radio devices is expected to
grow at a high CAGR during the forecast period.
Growing technological developments and greater
functionalities of digital technology over analog
mobile radio devices are some of the prominent
factors that are likely to encourage the adoption
of digital land mobile radio devices during the
forecast period. Market for military and
defense, and transportation land mobile radios to
grow at the highest rate between 2016 and
2022 Military and defense is the largest
application driving the growth of land mobile
radios for mission critical operations. Land
mobile radios are a vital part of every military
setup, and thus are expected to grow at a high
rate during the forecast period. Land mobile
radios are now available with inbuilt world class
standards, such as P25 and TETRA, to cater to the
needs of critical and seamless communications in
military and defense and homeland defense. The
application of land mobile radio in
transportation covers land, air, and sea
transport security. In air transport, information
about arrival and departure of flights are
conveyed and interoperated by security personnel
via LMRs. Modern transport systems, such as
highway, public transport, and port and airport
facilities have provided the society with
numerous advantages in terms of increased travel
opportunities and greater choice. The Asian
Institute of Transport Development (AITD) is
focusing on making transport systems cleaner,
safer, more efficient, and more affordable.
https//www.marketsandmarkets.com/PressReleases/la
nd-professional-mobile-radio.asp
4
North America expected to dominate the land
mobile radio market between 2016 and 2022 The
land mobile radio market in North American is
driven by factors such as extensive research and
development activities, and growing land mobile
radio offerings in terms of both portable and
in-vehicle devices. The land mobile radio market
in the region is estimated to grow considerably
in the coming years on the back of the rise in
demand for digitalized products that offer better
and effective results than traditional analog
products. Major players involved in the land
mobile radio market include Harris Corporation,
Motorola Solutions, Inc., Simoco, Raytheon
Company, and JVCKENWOOD Corporation, Thales SA,
Raytheon Company, RELM Wireless Corporation,
Hytera Communications Corporation Limited, Tait
Radio Communications Limited, and Sepura PLC.
https//www.marketsandmarkets.com/Market-Reports/l
and-professional-mobile-radio-market-27811764.html

5
About MarketsandMarkets
Research Private Ltd.
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
https//www.marketsandmarkets.com/Market-Reports/l
and-professional-mobile-radio-market-27811764.html

6
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