Land Mobile Radio (LMR) Systems Market: Snapshot
Land Mobile Radio (LMR) Systems are wireless communication systems used for applications like construction, utility, commercial, military and mining. LMR systems are operated by first responder organizations like fire departments, police departments, emergency medical service providers and other public works organizations. It also includes companies having vast vehicle fleets as well as an expansive network of field staff.
Major factors contributing to the growth of LMR systems are steady expansion of LMR systems integrated with LTE networks as well as the vast rise in the number of mission critical communication operations that are undertaken by a number of industries. Owing to the rise in usage of LMR systems in military applications and transportation, the market is undergoing huge benefits. It is estimated that the market will achieve more benefits from expanding usage of LMR systems used for corporate communications.
Security concerns related to the possibility of critical information modification and burglary can pose a threat to the adoption of LMR systems. This may take place across critical communication areas to a certain degree. Apart from that, the market is predicted to gain advantage from the increasing usage of LMR systems in corporate communications.
The global land mobile radio market is estimated to witness a strong growth within the forecast period of 2014 to 2020. It is presumed to rise at US$30.6 bn with an impressive CAGR of 16.9% by the end of the forecast period.
Digital Communication Technology to Dominate LMR Market with Shift in Trend
On the basis of type, the global market for land mobile radio is categorized into mobile and hand portable. Out of these, hand portable products is used extensively in government and military sectors for enabling effective communications in harsh environmental conditions. Owing to its vast applications, hand portable land radio mobile systems is expected to continue its lead the market in future.
Based on technology, LMR systems are classified into Digital and Analog. The digital segment is further classified into TETRAPOL, DMR, dPMR, Project 25 (P25), and TETRA. The change in trend from analog to digital communication system due to low powered consumptions and extended battery life has led to the domination of digital LMR systems in the market. LMR systems based on TETRA digital technology are presumed to dominate the market. This trend could be followed by P25 technology. Both TETRA and P25 are high in demand due to their large number of user capacity over a single channel and encryption potential.
Request PDF Sample@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1252
On the basis of application, the market for LMR systems is classified into Transportation, Construction, Commercial, Military, and others including chemical plants, oil and gas pipelines, and mining. A large share of the market growth is contributed by both transportation and military applications.
Asia Pacific to Lead Due to Rising Demand for High-Speed Communication Solutions
The global market for LMR systems market is studied with respect to key geographies Asia Pacific, Europe, North America and the Rest of the World. North America is predicted to dominate the global LMR systems. The U.S. government has taken initiative to transform their military structure by providing high-speed communication solutions to their armed forces that will meet their operational requirements. Apart from the U.S., other countries acrossAsia Pacific and the Rest of the world may contribute topotential growth of opportunities in the land mobile radio market because of the rising demand for communication solution for critical mission operations.
The global market for land mobile radio systems is estimated to face high competition with companies like Thales Group, Relm Wireless Corporation, Motorola Solutions, and Harris Corporation. The companies are expected to integrate LMR systems with high-speed cellular systems in order to maintain their sustainability in the market.