Global Land Mobile Radio Market Report 2022 – Market Forecast, Trends And Strategies

3 Aug, 2022

The global land mobile radio market size is expected to grow from $13.19 billion in 2021 to $15.4 billion in 2022 at a compound annual growth rate (CAGR) of 16.7%. The global LMR market size is expected to grow to $25.22 billion in 2026 at a CAGR of 13.1%.

What is the Global Land Mobile Radio Market?

The land mobile radio market consists of sales of land mobile radio by entities (organizations, sole traders, or partnerships) that enable push-to-talk two-way communication between radio transceivers. Land mobile radio (LMR) is a wireless communications technology that is primarily utilized for vital communications by public safety groups such as police, firefighters, and other emergency response organizations. LMR systems are widely used in the commercial world, including industrial, transportation, utilities, security, logistics, and even the military, in addition to the public safety sector.

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What drives the Global Land Mobile Radio Market?

An increase in usage of land mobile radio (LMR) systems in military applications is expected to drive the growth of the land mobile radio market over the coming years. Military installations all over the world employ a wide range of specialized radio systems that operate on frequencies ranging from extremely low frequencies (ELF) to super-high frequencies (SHF). Tactical, data, SATCOM, and other specialized communications are all carried out on these bands. The military relies on essential radio communications to coordinate deployments and response actions at its bases around the world. The LMR network allows military emergency services to communicate with other federal, state, and local public safety agencies securely. For instance, in January 2022, the United States Department of Defense announced that it has exercised a contract option to keep Motorola as the operator and maintainer of the US Navy's land mobile radio (LMR) system. The $29 million contract ensures that critical radio communications are maintained at US Navy facilities around the world. Hence, the increased usage of LMR systems in military applications will drive the growth of the land mobile radio market.

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Global Land Mobile Radio Market Segments
The global land mobile radio market is segmented:
By Type: Hand Portable, In-Vehicle (Mobile)
By Technology: Analog, Digital
By Frequency: 25-174 (VHF), 200-512 (UHF), 700 MHZ and Above
By Application: Commercial, Public Safety, Mining, Oil and Gas, Energy, Defense, Transportation, Construction, Others
By Geography: The regions covered in the land mobile radio market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Land Mobile Radio Global Market Report 2022provides market size and growth forecasts for the global land mobile radio market, global land mobile radio market share, land mobile radio market segments and geographies, land mobile radio market competitive landscape including leading competitors’ revenues, profiles and market shares. The land mobile radio market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Land Mobile Radio Industry Playersinclude Motorola Solutions Inc., Harris Corporation, Cartel Communication Systems Inc, BK Technologies, 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., and Airbus DS Communications. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.