Los Angeles, CA -- (SBWIRE) -- 12/28/2018 -- A walkie-talkie (more formally known as a handheld transceiver, or HT) is a hand-held, portable, two-way radio transceiver. Its development during the Second World War has been variously credited to Donald L. Hings, radio engineer Alfred J. Gross, and engineering teams at Motorola. Similar designs were created for other armed forces, and after the war, walkie-talkies spread to public safety and eventually commercial and jobsite work. Major characteristics include a half-duplex channel (only one radio transmits at a time, though any number can listen) and a "push-to-talk" (PTT) switch that starts transmission. Typical walkie-talkies resemble a telephone handset, possibly slightly larger but still a single unit, with an antenna mounted on the top of the unit. Where a phone's earpiece is only loud enough to be heard by the user, a walkie-talkie's built-in speaker can be heard by the user and those in the user's immediate vicinity. Hand-held transceivers may be used to communicate between each other, or to vehicle-mounted or base stations.

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According to the report, global consumption value for Walkie Talkie market was valued at $ 5478.95 million in 2016. Walkie Talkie market by volume, which measures output worldwide, was expected to reach 51,062 K Units in 2016 with an increase of 6.70 % from its year-earlier level.

The global Walkie Talkie industry is characterized by several large international manufactures and many smaller regional manufactures. Therefore, market share concentration is low. The two largest operators account for about 22.75 % of total industry revenue in 2016. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. Key market players include Motorola, JVCKENWOOD, Icom, Hytera, Sepura, Tait, Cobra, Yaesu, Entel Group, and Uniden among others.

The global Walkie Talkie market is valued at 1690 million USD in 2017 and is expected to reach 2620 million USD by the end of 2025, growing at a CAGR of 5.6% between 2018 and 2025.

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This research report categorizes the China and global Walkie Talkie market by type, end-use industry, and region.

International Manufacturers Covered

Motorola

JVCKENWOOD

Icom

Hytera

Sepura

Tait

Cobra

Yaesu

Entel Group

Midland

China Local Manufacturers Covered

Uniden

BFDX

Kirisun

Quansheng

By Type

Analog Walkie Talkie

Digital Walkie Talkie

By Application

Government and Public Safety

Utilities

Industry and Commerce

Others

By Region

United States

Europe

Japan

Korea

Taiwan

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The study objectives of this report are:

To analyze and study the ways and market feasibility to enter China market, for the international manufacturers manufacturing or selling products in China.

To study and forecast the market size (volume and value) of Walkie Talkie in China and global market.

Focuses on the China local manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis, value and China market share for top local manufacturers.

To analyze the international manufacturers, SWOT analysis, volume, value and global market share for top manufacturers.

To define, describe and forecast the market by type, application and region.

To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan and other Regions like Korea, Taiwan, India, Southeast Asia etc.

To analyze the China market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Walkie Talkie are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025