The
global LMR systems market was valued at USD 10.57 billion in 2013.
The market, on the basis of types, is segmented into hand portable
and mobile (vehicular) LMR systems. On the basis of applications, the
market is segmented as military, commercial, construction,
transportation and others. The military applications segment was the
largest contributor and accounted for 36.1% of the global LMR systems
revenue in 2013. However, commercial application segment is expected
to record highest growth rate during the forecast period, 2014 -
2020. The growth is mainly driven by the rising adoption of LMR
systems by the small, medium and large scale business organization
for streamlining their business operations. Moreover, the
transportation applications of the LMR systems are expected to drive
this market in the long run as government of several countries are
focusing on streamlining the traffic control operations with 100%
interoperability and coordination within the public transport.
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The
LMR systems market is expected to be dominated by digital LMR systems
in 2020, with demand largely driven by growing transformation of
communication technologies from analog to digital. The digital
technologies are further classified as terrestrial trunked radio
(TETRA), Project 25 (P25), digital private mobile radio (dPMR),
digital mobile radio (DMR) and TETRAPOL. Of these, the TETRA and P25
digital technologies are expected to contribute highest revenue in
2013, and retain their leading position throughout the forecast
period. This is due to their advance features such as encryption
capabilities and interoperability with LTE networks. However, in
2013, analog LMR systems dominated the market, due to, large product
offerings as these radios have been around for a longer time, and are
expected to be overtaken by digital LMR systems only by 2020.
Hand
portable LMR systems dominated the market in terms of revenue share
in 2013 and are expected to see stable growth throughout the forecast
period. This is attributed to their durability in harsh environments
and wide usage of digital and encrypted hand portable land mobile
radios in enterprises and construction sectors. Moreover, the demand
for hand portable LMR systems is expected to increase further with
rise in mining activities, especially across countries such as,
Chile, Peru, South Africa, Zambia and DR Congo.
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Geographically,
North America was the largest market for LMR systems, in 2013,
closely followed by Europe. However, with the increasing demand for
LMR systems in Europe it is expected that by 2020 Europe will be the
leading revenue contributor, followed by Asia Pacific. This is due to
the rising adoption of LMR systems by government sector and
construction industry in Europe. Asia Pacific is expected to show the
fastest revenue growth, with demand primarily driven by fast
expanding automotive sector in countries such as India and China. In
addition, the developing trade environment in these countries is
supporting the growth of logistic, which in turn presents
opportunities for growth in transport applications.
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Press Release Land Mobile Radio (LMR) Systems Market
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The
global LMR systems market is highly consolidated, with top three
players accounting for near about two-third of the global market
revenue. The major industry participants include Raytheon Company,
Cassidian Communications, Harris Corporation, Motorola Solutions,
Inc., TE Connectivity Ltd., JVC KENWOOD Holdings, Inc. (Kenwood
Communications), Relm Wireless Corporation, Thales Group and Nokia
Networks. Among these, Motorola Solutions, Inc. dominated the market
followed by Harris Corporation. Motorola Solutions, Inc. contributed
approximately 50% of the global revenue generated in 2013 by LMR
systems.
The
report studies the global LMR systems market and provides market
estimates and forecast in terms of revenue (USD Billion) for the
period 2012 to 2020. Market estimates are provided on the basis of
type of LMR systems, their applications and technology used across
each geographic section. The market has been segmented as follows:
Land
Mobile Radio Systems Market, by Type
- Hand Portable
- Mobile (Vehicular)
Land
Mobile Radio Systems Market, by Technology
Analog
Digital
- TETRA
- Project 25 (P25)
- dPMR
- DMR
- TETRAPOL
Land
Mobile Radio Systems Market, by Applications
- Military
- Commercial
- Construction
- Transportation
- Others
Land
Mobile Radio Systems Market, by Geography
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
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