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Global LMRS Market Insights, Forecast to 2028
SKU ID : QYR-20148351 | Publishing Date : 07-Feb-2022
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A land mobile radio system (LMRS) is a person-to-person voice communication system consisting of two-way radio transceivers (an audio transmitter and receiver in one unit) which can be mobile, installed in vehicles, or portable.
Market Analysis and Insights: Global LMRS Market
Due to the COVID-19 pandemic, the global LMRS market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, 40MHz – 174MHz (VHF) accounting for % of the LMRS global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Public Safety segment is altered to an % CAGR throughout this forecast period.
China LMRS market size is valued at US$ million in 2021, while the US and Europe LMRS are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe LMRS landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of LMRS include Motorola Solutions, Relm Wireless (BK Technologies), Raytheon, Thales, JVC Kenwood, Harris Corporation, Hytera, Icom and Leonardo SpA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the LMRS capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of LMRS by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global LMRS Scope and Segment
LMRS market is segmented by Type and by Application. Players, stakeholders, and other participants in the global LMRS market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
40MHz – 174MHz (VHF)
200MHz – 512MHz (UHF)
700MHz – 1000MHz (SHF)
Segment by Application
Public Safety
Military
Aerospace
Marine
Construction
Mining
Telecommunications
Other
By Company
Motorola Solutions
Relm Wireless (BK Technologies)
Raytheon
Thales
JVC Kenwood
Harris Corporation
Hytera
Icom
Leonardo SpA
Simoco
Codan Radio
Tait Communications
Neolink
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global LMRS Market
Due to the COVID-19 pandemic, the global LMRS market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, 40MHz – 174MHz (VHF) accounting for % of the LMRS global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Public Safety segment is altered to an % CAGR throughout this forecast period.
China LMRS market size is valued at US$ million in 2021, while the US and Europe LMRS are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe LMRS landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of LMRS include Motorola Solutions, Relm Wireless (BK Technologies), Raytheon, Thales, JVC Kenwood, Harris Corporation, Hytera, Icom and Leonardo SpA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the LMRS capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of LMRS by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global LMRS Scope and Segment
LMRS market is segmented by Type and by Application. Players, stakeholders, and other participants in the global LMRS market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
40MHz – 174MHz (VHF)
200MHz – 512MHz (UHF)
700MHz – 1000MHz (SHF)
Segment by Application
Public Safety
Military
Aerospace
Marine
Construction
Mining
Telecommunications
Other
By Company
Motorola Solutions
Relm Wireless (BK Technologies)
Raytheon
Thales
JVC Kenwood
Harris Corporation
Hytera
Icom
Leonardo SpA
Simoco
Codan Radio
Tait Communications
Neolink
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
