Global Land Mobile Radio (LMR) System Market Outlook 2022

Land mobile radio (LMR) system is a regularly interacting group of radio base, mobile, and associated control and fixed relay stations intended to provide LMR communications service over a single area of operation. The term mobile refers to movement of the radio, rather than association with a vehicle; hence mobile radio encompasses handheld and portable radios.
Global Land Mobile Radio (LMR) System key players include Motorola Solutions, Airbus DS, KENWOOD Corporation, etc.Global top three manufacturers hold a share nearly 55%.
North America is the largest market, with a share over 20%, followed by Europe, and China, both have a share about 40 percent.
In terms of product, Digital is the largest segment, with a share over 80%. And in terms of application, the largest application is Public Safety, followed by Public Utilities, Commerce and Industrial.

Market Analysis and Insights: Global Land Mobile Radio (LMR) System Market
The global Land Mobile Radio (LMR) System market was valued at US$ 18110 million in 2020 and it is expected to reach US$ 28060 million by the end of 2027, growing at a CAGR of 6.2% during 2021-2027.

Global Land Mobile Radio (LMR) System Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Land Mobile Radio (LMR) System Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Analog
Digital

Segment by Application
Public Safety
Public Utilities
Commerce and Industrial

By Company
Motorola Solutions
Airbus DS
KENWOOD Corporation
Codan Radio
Icom
Hytera
Simoco
Harris Corporation
Sepura
Tait Communications
Selex ES S.p.A
Neolink

Production by Region
North America
Europe
China
Japan
Singapore
Southeast Asia

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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