The Land Mobile Radio Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Land Mobile Radio Market?
The market size for land mobile radio has experienced swift expansion recently, going from $20.68 billion in 2024 and projected to reach $23.75 billion in 2025. This indicates a compound annual growth rate (CAGR) of 14.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Land Mobile Radio Industry?
The Land Mobile Radio Global Market is predicted to expand to a size of $40.52 billion by 2029. This growth represents a compound annual growth rate (CAGR) of 14.3%.
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What are the Key Growth Drivers Fueling the Land Mobile Radio Market?
The key drivers in the land mobile radio market are:
• Increasing usage of Land Mobile Radio in autonomous vehicles, mining and extraction industries
• Enhanced application of Land Mobile Radio in utilities, energy and healthcare sectors
• Growing integration of 5G, Internet of Things (IoT) and sensor networks with Land Mobile Radio systems
• Advancement in AI, machine learning, energy-efficient radios and satellite communication integration in Land Mobile Radios
Global Market Segmentation: Identifying Major Land Mobile Radio Industry Segments
The land mobile radio market covered in this report is segmented –
1) By Type: Hand Portable, In-Vehicle (Mobile)
2) By Technology: Analog, Digital
3) By Frequency: 25-174 (VHF), 200-512 (UHF), 700 MHZ And Above
4) By Application: Commercial, Public Safety, Mining, Oil and Gas, Energy, Defense, Transportation, Construction, Other Applications
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What are the Emerging Trends Shaping the Future of the Land Mobile Radio Market?
The key trends in the 48 volt battery system market are:
• The integration of 5G technology is an emerging trend in the Land Mobile Radio market.
• IoT and sensor networks are becoming increasingly important in the industry.
• The integration of artificial intelligence and machine learning is shaping the future of this market.
• The development of energy-efficient radios and satellite communication integration are significant upcoming trends.
Who Are the Top Competitors & Leading Players in the Land Mobile Radio Market?
Major companies in the land mobile radio market are:
• Motorola Solutions Inc.
• Harris Corporation
• Cartel Communication Systems Inc.
• BK Technologies Inc.
• TE Connectivity Ltd.
• Sepura Ltd.
• Simoco Telecommunications Ltd.
• JVC Kenwood Corporation
• Nokia Networks B.V.
• Thales Group
• TTG Global Ltd.
• Codan Communications
• Midland Radio Corporation
• EF Johnson Technologies Inc.
• Airbus DS Communications
• L3Harris Technologies Inc.
• Tait Communications Ltd.
• Hytera Communications Corp Ltd.
• Icom Inc.
• Raytheon Company
• Relm Wireless Corporation
• Vertex Standard LMR Inc.
• Zetron Inc.
• Daniels Electronics Ltd.
• PowerTrunk Inc.
• Alinco Incorporated
• Yaesu Musen Co. Ltd.
• Axell Wireless Ltd.
• DAMM Cellular Systems A/S
• Datron World Communications Inc.
• Cassidian Communications Inc.
• E
•TECH Global Services
• Schnoor Industrieelektronik
• Iconet Services
• Anritsu Corp.
• Leonardo SpA
Regional Dominance: Which Area Leads the Global Land Mobile Radio Market?
North America was the largest region in the land mobile radio market in 2024
