Industry
Insight
Land Mobile Radio technology
is a wireless communications system projected for utilization by worldwide
users on foot portables or in vehicles This LMR systems are used by emergency
responder organizations such as fire fighters, ambulance service, police, and
dispatched services, public work organizations such as numerous field staff,
taxis, and companies with large vehicle fleets.
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Land mobile radio market is expected to
grow over the forecast period due to the significance of mission critical
operations and expansions of long term evolution. LMR is denoted as
professional mobile radio in North America and private mobile radio In UK. Land
mobile radio system is wireless communication system which is used in emergency
services, police departments and public work organizations. Land mobile radio
can be utilized in various sectors such as military and commercial
construction. Long term evolution network which is in high demand by market is
integrated with the land mobile radio equipments. The growth is mainly driven
by the rising adoption of LMR system by small, medium and large scale
organizations for speeding up their operations. Few other factors which can
drive the land mobile radio market are transportation applications of LMR
system.
Application
Insight
Land mobile radio
system is widely utilized for emergency first responder. It can be used in
commercial, military, transportation and construction. Business organizations
and governments require strong, secured, and reliable wireless communications
systems for various reasons such as security purpose and enforcement. LMR tools
are estimated to be an important solution to serve this task. In addition, LMR
systems are capable of delivering commands, outstanding control and have
communication capabilities. LMR comprises of different components which are
used in healthcare domain such as network switches, handheld two way radio,
infrastructure components, and network.
End-Use Insights
Construction sector
and Transportation sector are expected to be the main end use segment in the
forecast period. Land mobile radio is broadly used as transportation application.Commercial
segment is anticipated to witness significant development over next six years
owing to the opportunities typically available in two frequencies, UHF and the
VHF frequency bands. Due to the increasing demand of land mobile radio by corporate
user and its significance in many applications are the factors expectedfor the
market growth in upcoming years. The land mobile radio faces some challenges
with respect to security and mission critical information which may hamper
utilization of land mobile radio systems. Transportation, healthcare and
construction sector are expected to grow significantly owing to the increasing
use of Land mobile radio and speedy technological development
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Regional
Insights
North America is
expected to dominate the land mobile radio market followed by Europe. Due to
the increasing demand in land mobile radio system in Europe, it is expected to
be the market leader over next six years followed by Asia Pacific. The
increasing demand for land mobile radio systems and he expansion of automobile
sector in Asia Pacific within countries such as India and China can be major contributor
for revenue generation.
Competitive
Insights
The Land mobile
radio system market comprises companies including Motorola solutions, Hariss
Corporation, Nokia networks, Thales group, TE connectivity ltd. These three
major players generate almost two-third of the global market revenue
contribution. As of 2012, Motorola is the market leader which generated
approximately 50% revenue.
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