|
(Wireless-NewsWire.Com, November 10, 2017 ) A new report added to the repository of Market Research Reports Search Engine “Land Mobile Radio (LMR) Systems (TETRA, Project 25, dPMR, DMR, and TETRAPOL) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2020” is a comprehensive repository of information, providing market share, size, and forecast.
Get Free Sample Report@ https://www.mrrse.com/sample/666
Land Mobile Radio (LMR) systems are used by public works organizations, first responder organizations such as emergency medical service providers, police departments, fire departments, and others, including companies with an expansive network of field staff and vast vehicle fleets. LMR systems, based on technology, can be broadly classified into analog and digital types. These systems are used for applications such as military, commercial, construction, transportation, mining and utility. Depending on mobility, there are two types of LMR systems available in the market, namely, hand portable and mobile (vehicular) LMR systems. In 2013, military applications segment dominated LMR systems market with 17.8% market share in terms of revenue. However, with rising number of vehicles on road, the demand for streamlining the traffic management communications is also multiplied, which directly drives the demand for LMR systems for transportation applications.
Globally, the market for LMR systems was valued at USD 10.57 billion in 2013 and is expected to grow at a CAGR of 16.9% from 2014 to 2020 to reach USD 30.6 billion in 2020.The global LMR systems market is primarily driven by growing importance of efficient mission critical communication operations and integration of LMR systems with expanding LTE networks. Additionally, the rising demand for LMR systems for military and transportation applications is further contributing to the market growth. Moreover, the increasing adoption of LMR systems by corporate users in expected to boost the growth of LMR systems market. However, security concerns allied with burglary and modification of critical information hampers the adoption of LMR systems for critical communication applications.
Hand portable LMR systems held the largest market share, accounting for 55.9% of the global revenue share in 2013. This dominance is attributed to the wide application of hand portable LMR systems in mining, corporate use and construction activities. Moreover, owing to the increasing number of purchases from the government and defense sector for enabling communication in harsh conditions, it is expected that mobile LMR systems market will show significant growth rate over the forecast period.
View Full Report At@ https://www.mrrse.com/land-mobile-radio-systems
The digital LMR systems segment is expected to dominate the market by end of the forecast period. This is due to changing trend from analog communication systems to digital communication systems owing to extended battery life and lower power consumption offered by digital systems. Moreover, TETRA digital technology based LMR systems followed by P25 technology segment dominated the digital technology segment of LMR systems market in 2013. This dominance is attributed to their encryption capabilities along with large capacity of users over single channel. However, the market is expected to witness tremendous growth in the DMR digital technology segment.
Geographically, North America dominated the global LMR systems market in 2013. Growth in the region is mainly driven by initiatives taken by the U.S. government to equip the armed forces with high speed communication solutions and transform the military structure to meet the current operational requirements. However, the players in LMR systems market also find potential growth opportunities across the countries of Asia Pacific and Rest of the World (RoW), which have high demand for communication solution for mission critical operations.
The global market for LMR systems is highly competitive in nature with leading players such as Motorola Solutions, Inc., Raytheon Company, Harris Corporation, TE Connectivity, JVC KENWOOD Holdings, Inc., Relm Wireless Corporation, Thales Group and Nokia Networks competing with each other to obtain competitive edge. In order to sustain the competition, the companies are expected to offer convergence of LMR systems with high speed cellular networks.
Enquire About this Report@ https://www.mrrse.com/enquiry/666
About MRRSE
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/
MRRSE
Alok Kumar
+1-518-730-0559
sales@mrrse.com
Source: EmailWire.Com 
|
