Land mobile radio market to grow at 11.56% CAGR to 2021 according to new research report

This report covers the present scenario and the growth prospects of the global land mobile radio market for 2017-2021. To calculate the market size, the report considers the revenue that is generated from the sales of LMR handheld devices with technologies such as Terrestrial Trunked Radio (TETRA), Project 25 (P25), digital mobile radio (DMR), and others; and sales of LMR transceiver devices and LMR gateways.

This report, Global Land Mobile Radio Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

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The following companies are the key players in the global land mobile radio market: Airbus Group, Harris, JVCKENWOOD, Motorola Solutions, Thales Group, and Sepura.

Other Prominent Vendors in the market are: Cartel Communication Systems, Cisco, Cobham, Codan Radio Communications, EXACOM, Etherstack, Honeywell International, Hytera Communications, Icom America, Midland Radio, PowerTrunk, RELM Wireless, Raytheon, Simoco, SITA, Tait Communications, Uniden, and Zetron.

The land mobile radio market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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According to the land mobile radio market report, one of the major drivers for this market is decline in the cost of LMR devices. Governments worldwide intend to reduce costs by choosing among the existing operators to offer LMR network devices and services to users across various verticals.

This approach helps to build a common LMR infrastructure for enterprises, consumers, and public safety customers. Thus, the increased use of LMR devices in several sectors has led to the decrease in the ASP of these devices.

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The latest trend gaining momentum in the land mobile radio market is convergence of LTE networks with LMR technology. LMR transmits voice through circuit switching technology, whereas VoLTE (voice over LTE) is carried as voice over IP packets.

LTE will deliver voice services over an information management system, which will transfer voice more effectively than the LMR network, during the forecast period. The emergence of LTE for tactical communication is also focused toward mobile broadband data.

LTE, in terms of data application, allows access to critical information directly from the field.