Land Mobile Radio Market is Projected to Reach $30 Billion Worldwide, by 2020: Hexa Reports

2016 Land Mobile Radio Market Trends and Growth, Global Land Mobile Radio Market Share and Size, Land Mobile Radio Business Outlook and Overview
Land Mobile Radio market is rapidly growing in global market and is likely to grow at the CAGR of 16.4% from 2016 to 2020

According to the recent Research study by Hexa Research, Land mobile radio system is also known as Private land mobile Radio or public land mobile radio. It is basically a wireless communications systems widely used in areas like public work organizations, in taxis, firms with large manpower, ambulance services and in police and fire departments. These systems, shares frequency with private users, important are many day to day activities that population is US have adapted whether directly or indirectly., Land Mobile Radio market is rapidly growing in global market and is likely to grow at the CAGR of 16.4% from 2016 to 2020.This market is anticipated to increase from over US$ 10 billion in 2015 to US$ 30 billion by the end of 2020.

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Key players in Land Mobile Radio Market are Honeywell International Inc., Nokia Solutions and Networks, Harris Corporation, Raytheon Company, TE Connectivity Ltd, Thales group S.A, Tyco Electronics, JVC KENWOOD Corporation and Airbus DS Communications.

According to Hexa Research, Land Mobile Radio industry is segmented into Hand Portable LMR systems and mobile (vehicular) LMR systems. In Corporate, a mining and construction activity, Hand Portable LMR a system is growing its applications which has made is a dominant segment. Hand Portable LMR systems contributed for over 50% of total market share in last few years. Land Mobile Market is segmented into Analog and digital. Digital LMR systems are likely to grow rapidly by 2020, they include DMR, Project 25 (P25), TETRAPOL, TETRA and dPMR. The most superior features of all is TETRA digital LMR systems and P25 which are likely to dominate the global market in next five years.LMR is used in many industries and as well as in many fields as it is considered as the primary means of communication.

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Table of Contents:

Executive Summary & Land Mobile Radio industry critical success factors
Industry Outlook
Industry Dynamics
Land Mobile Radio Market drivers
Land Mobile Radio Market restraints
Land Mobile Radio Market Opportunities
Land Mobile Radio Porters Analysis
Land Mobile Radio – PESTEL Analysis
Land Mobile Radio – Company Market Share Analysis
Land Mobile Radio Application Outlook
Land Mobile Radio Regional Outlook
Land Mobile Radio Company profiles
Research Methodology
Research scope & assumptions
List of data sources

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Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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