$20.82 Billion Land Mobile Radio Market by Type, Technology, Frequency, Application & Geography - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Land Mobile Radio Market - Global Forecast to 2022" report to their offering.

The 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.

The key driving factors for the growth of the land mobile radio market are demand for inexpensive and reliable land mobile radios, significance of efficient critical communication operations, application of land mobile radios in diverse industries, and transition of communication devices from analog to digital. However, spectrum shortage, limited channel capacity, and high cost of building land mobile radios are some of the key factors preventing the growth of the land mobile radio market.

The land mobile radio market for software is expected to grow at a high rate during the forecast period. Digital technology is likely to grow at the highest rate due to the presence of advanced technologies such as TETRA, which provide features such as group chats, enhanced voice clarity, higher quality coverage, longer battery life, and availability of customized software applications.

The oil and gas industry is expected to hold the largest size of the land mobile radio market during the forecast period. The use of portable land mobile radios for almost every commercial and public safety organization, such as in police stations, fire departments, emergency medical services, is the major reason for the largest market share of the segment.

Companies Mentioned

  • Harris Corporation
  • Hytera Communications Corporation Limited
  • Jvckenwood Corporation
  • Motorola Solutions, Inc.
  • Raytheon Company
  • Relm Wireless Corporation
  • Sepura PLC.
  • Simoco
  • Tait Radio Communications
  • Thales SA

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Market, By Type

8 Market, By Technology

9 Market, By Frequency

10 Market, By Application

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

14 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/8lkp2k/land_mobile_radio

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wireless Telecommunications

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wireless Telecommunications