With the advancements in wireless technology, the land mobile radio systems market is set to witness steady growth in the next few years. The growing need for seamless interoperable communication in mission critical as well as commercial applications is identified as the major factor driving the land mobile radio systems market.
The land mobile radio industry has been witnessing a shift in paradigm from analog to digital communication systems. The ongoing transition is expected to have positive impact on the market growth, expanding the application base of land mobile radio systems beyond military and public safety agencies.
These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 9.1% during the forecast period 2023 – 2030. Although issues including limited channel capacity, frequency spectrum shortage, and complexity related with the deployment resulting in increased up-front cost have somewhat marred the market growth, the advancements in wireless technology are expected to tame the impact of these challenges over the forecast period. The land mobile radio systems market is expected to reach US$ 34.66 Bn by 2030 is expected to expand at a CAGR of 9.1% from 2023 to 2030.
Product Segmentation Analysis
In 2021, the hand portable land mobile radio units accounted for majority of the market revenue share. Hand portable land mobile radio units are expected to witness escalating demand, outpacing their counter equivalents (mobile (vehicular) land mobile radio) during the forecast period 2023 – 2030. The demand for portable land mobile radio units is majorly on account of the superior characteristics offered including light weight, lower power consumption, mobility, voice clarity, and ability to operate in both HF (High Frequency) and UHF (Ultra High Frequency) band frequencies. The market for portable land mobile radio is expected to be driven by demand from verticals including mining, utilities, and construction among others. In view of harsh environmental conditions in battle fields, militaries and defense agencies across the globe have been making substantial investments in purchase of mobile land mobile radio units integrated within military vehicles. Thus, mobile (vehicular) land mobile radio systems are expected to witness steady growth, majorly contributed by demand from military and transportation verticals during the forecast period 2023 – 2030.
End-use Segmentation Analysis
Public safety comprising military & defense, law enforcement, fire department, emergency & medical services, and home security was the largest end-use segment in the global land mobile radio systems market, accounting for over one third of the global market revenue in 2021. The interoperable capabilities of land mobile radio systems enable public safety agencies to seamlessly communicate with each other, thereby increasing situational awareness and operational effectiveness. Thus, land mobile radio systems are crucial in today’s network centric warfare set-up and are expected to play a vital role in future defense applications. Regulated demand from military sub-segment is expected to drive demand for land mobile radio systems in public safety application segment. As such, public safety is expected to remain the dominant application segment during the forecast period. However, growing demand for seamless interoperable communication in fast developing transport infrastructure is expected to boost the demand for land mobile radios in transport applications. Thus, transport application segment comprising air transport, road transport, rail transport, and water transport is expected to witness fastest growth during the forecast period.
Technology Segmentation Analysis
While radio units have evolved over the years, becoming compact, lightweight, and more feature-rich, the technology development associated with the land mobile radio systems had largely remained stagnant until very recently. While much of the technology we use day-to-day is quickly becoming digital, two-way land mobile radios are one of the last products of professional communications to be graced by the digital technology.
In 2021, the analog land mobile radio systems accounted for majority of the market revenue share. However, with the advancements in technology, the market is poised to witness a shift in paradigm from analog to digital. Although the majority of land mobile radio systems used today operates in analog mode, the escalating demand for better performance and reliability in form of clear audio, extended battery life, greater reach, and spectral efficiency has been driving manufacturers, service providers, and end-users to move from analog to digital land mobile radio systems. In addition, unlike analog land mobile radio systems, voice and data conversation transmitted over digital land mobile radio systems are encrypted and converted into digital format before being transmitted. This prevents data transmitted over the radio units from interception by unwanted listeners, thereby ensuring secure communication.
Geography Segmentation Analysis
In 2021, North America and Europe were the two largest land mobile radio system markets, collectively accounting for around 2/3rd of the global market revenue. The dominance can be attributed to the growing demand for wireless communication solutions in defense and public safety agencies. Initiatives by the governments to provide defense forces with advanced wireless communication solutions have been instrumental in boosting the demand for land mobile radio systems in these regions. In addition, profound research and development in the field of communication technology has supported the growth of land mobile radio systems in these markets. Although the demand for land mobile radio systems has been predominant in the developed markets like Europe and North America, there exists potential growth opportunities in emerging markets of Asia Pacific and Rest of World. On account of future growth opportunities in public safety, transportation, and mining segments, the land mobile radio systems market in Asia Pacific is poised to witness healthy growth during the forecast period 2023 – 2030.
Land mobile radio systems, also referred as professional mobile radio systems are wireless communication systems, which are integral to the mission critical operations carried out by public safety, homeland security, and first responder agencies among others. While security, flexibility, and efficiency are crucial to any land mobile radio system, land mobile manufacturers differentiate their product offerings majorly on the basis of features including coverage (reach), reliability, and interoperability.
The concept of land mobile radio systems traces its roots in the first half of the 20th century.
Since then, radio devices have evolved becoming more lightweight, compact, and multi-featured. However, the technology employed in land mobile radio units had little evolved until recently, using the traditional analog mode for communication. The land mobile radio industry has recently witnessed a steady growth in the number of digital land mobile radio units owing to greater benefits offered in terms of audio clarity, coverage (reach), spectral efficiency, easy transition capability, durable battery life, and refined calling features. The following table best represents the comparison between digital and analog land mobile radio systems.
Security and safety are of primary importance for the prosperity of any country. Seamless and reliable communication is crucial to ensure operational efficiency in defense, first responders, oil and gas companies, energy companies, and transportation companies, and natural resource extraction workforce. A land mobile radio system ensures mission-critical communication among base stations and the other mobile stations, providing one-to-many and one-to-one communication across different sectors. Thus, land mobile radio systems find increasing use in different organizations where communication plays a key role in day-to-day operations.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Land Mobile Radio Systems (LMR) market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Billion |
| Segmentation | |
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Region Segment (2022-2032; US$ Billion)
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Key questions answered in this report
