Land Mobile Radio System Market 2016 Size, Trends ,Growth , Research and Forecast to 2020
Deerfield Beach, FL -- (SBWIRE) -- 06/30/2016 -- Land Mobile Radio (LMR) System Market - Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020
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The major driving factor for the global Land mobile radio (LMR) system market is rapidly growing significance of efficient mission critical communication operations, advance LMR system and transition from digital LMR systems. Another key driving factor is increasing demand for LMR system for military & defense and transportation application. Additionally, growing demand for inexpensive and good quality Land Mobile Radios is also expected key driving factor of this market. However, security issues associated with theft and alteration of mission critical information hamper the growth of this market. High price for construction or building Land mobile radio (LMR) system is expected to major restraint of this market.
The report includes detailed competitive landscape of the global land mobile radio system market and an analysis of Porter's five forces model for the land mobile radio system market has also been included. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the land mobile radio system market based on type, technology, application and region segment. Hand portable and mobile (Vehicular) is the type of land mobile radio system market. Hand portable is leading market for land mobile radio (LMR) system.
Key application market for Land mobile radio system includes military, commercial, construction, transportation, and others. Military application segment held the largest market share for the LMR system followed by commercial, construction and transportation. Key technology market for Land mobile radio system includes analog, digital, (TETRA, Project 25, DMR, and TETRAPOL). Analog LMR system segment dominated the Land mobile radio (LMR) system market. TETRA digital technology followed by P25 technology segment dominated the digital technology segment of LMR systems market in 2014.
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Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for Land mobile radio system based on individual products and applications in all the regions and countries. North America was the leading segment of this global LMR system market.
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include TE Connectivity Ltd., Raytheon, Honeywell International, Inc., JVC Kenwood, Sepura PLC, RELM Wireless Corporation, Thales, Harris Corporation, Thales Group S.A. and Motorola Solutions, Inc.
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