Land Mobile Radio (LMR) System Market to Witness Growth Acceleration by 2028
The market is expected to reach USD 43,707 million by 2028, registering a CAGR of 17.1% from 2022 to 2028. Land mobile radio (MRL) is a communications equipment that provides transparent and mission-critical voice and data communication services. The increasing emphasis on improving communication technologies among law enforcement agencies and public safety agencies is primarily responsible for the adoption of RMT systems.
Company Profile
- MOTOROLA SOLUTIONS INC.
- HARRIS CORPORATION
- THALES GROUP S.A.
- JVC KENWOOD CORPORATION
- RAYTHEON COMPANY
- CASSADIAN COMMUNICATIONS, INC.
- CARTEL COMMUNICATION SYSTEMS
- TE CONNECTIVITY LTD
Market Segmentation
By Type
- Mobile
- Portable
By Technology
- Analog
- Digital
By End User
- Defense and Public Safety
- Commercial
- Construction
- Transportation
Scope of the Report
The research study analyzes the Land Mobile Radio (LMR) System Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Land Mobile Radio (LMR) System Market Report
- What was the Land Mobile Radio (LMR) System Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Land Mobile Radio (LMR) System Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Land Mobile Radio (LMR) System Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Key Benefits of Buying the Land Mobile Radio (LMR) System Market Report:
- Comprehensive analysis of the changing competitive landscape.
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
- The report offers an 8-year forecast and assessment of the Land Mobile Radio (LMR) System
- Helps in understanding the key product segments and their estimated growth rate.
- In-depth analysis of market drivers, restraints, trends, and opportunities.
- Comprehensive regional analysis of the Land Mobile Radio (LMR) System
- Extensive profiling of the key stakeholders of the business sphere.
- Detailed analysis of the factors influencing the growth of the Land Mobile Radio (LMR) System Market.
The report will be delivered within 48-72 hours after payment confirmation