Status : Published | Published On : Dec, 2024 | Report Code : VRSME9141 | Industry : Semiconductor & Electronics | Available Format : | Page : 130 |
The Global Land Mobile Radio (LMR) Market is anticipated to acquire a valuation of approximately USD 29.6 Billion by the end of 2030, registering a CAGR of 10.8% during the forecast period. Land mobile radio systems are wireless communications systems that are used on the ground by state, federal, local, territorial, and tribal emergency responders, public works companies, and the military to support low-speed and voice data communications.
For companies that require crucial communication 24*7, these systems offer maximum interoperability and seamless communication. Thus, LMR systems have built-in resiliency and provide high degree of reliability. Mobile radios, handheld portable radios, a network, repeaters, and base stations are common components of these systems. LMR systems play an essential role in voice communications among public safety personnel, as well as in providing mission-critical features.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. 18.2 Billion |
Revenue Forecast in 2030 |
U.S.D. 29.6 Billion |
Growth Rate |
10.8% |
Segments Covered in the Report |
By Product Type, By Technology, By Frequency, and By Application |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Global Land Mobile Radio (LMR) Industry Dynamics
Global Land Mobile Radio (LMR) Market Trends / Growth Drivers
The increased adoption and improvement in critical communication operations is the primary factor driving the market growth of the global land mobile radio industry. Moreover, the increased requirement of digital mobile technology by the users and regulatory bodies to enhance spectral efficacy and take advantage of voice and data will accelerate market development of the land mobile radio industry. Furthermore, other major drivers bolstering the land mobile radio market include concise & reliable communication across the service area, personalized and cost-effective communications by integrated data communication, and increased market demand for reasonable and reliable land mobile radios, thereby bolstering the market size of the global land mobile radio industry. Further, there is the increased use of land mobile radio systems in several industry verticals like military & defense, law enforcement agencies, transportation, etc. Also, the rising number of natural disasters, road accidents, and workplace mishaps will propel market growth
Thus, for hotels, theme parks, warehouses, manufacturing facilities, and public safety agencies such as police departments, firefighters, and emergency medical services (EMS), land mobile radio (LMR) systems are an important, rapid, and reliable means of communication. Hence, LMR systems are extensively deployed to facilitate seamless communication, provide important information, and transmit data in real-time for increased productivity and safety.
Global Land Mobile Radio (LMR) Market Challenges
The main reasons limiting the market growth are an increase in spectrum bandwidth restrictions and expensive production and setup costs, which will provide new challenges for the land mobile radio industry throughout the projection period. The Internet of Things is being embraced by many industries for communication purposes and provides them with a variety of functions as well. Additionally, it may pose a challenge to the market advancement of the land mobile radio system industry.
Global Land Mobile Radio (LMR) Market Opportunities
The industry participants provide significant growth opportunities in the global land mobile radio industry through voice encryption which is required for secure communication. LMRs have access to dynamic spectrum, increased government spending on public safety, and expansion in untapped markets.
Recent Developments By the Key Players
BK Technologies Corporation has received a USD 3.3 million purchase order from the Florida Forest Service for the Company’s BKR 9000 multiband portable radio.
Leonardo and Rheinmetall has collaborated which aims at forming a new European nucleus for the production and development of military combat vehicles in Europe.
Global Land Mobile Radio (LMR) Market Segmentation
VynZ Research provides an analysis of the key trends in each segment of the Global Land Mobile Radio (LMR) Market report, along with forecasts at the regional and country levels from 2025-2030. Our report has categorized the market based on product type, technology, frequency, and application.
Based on Product Type, the Global Land Mobile Radio Market is segmented into Hand Portable and In-Vehicle (Mobile). Hand portable LMR systems is expected to witness the largest market share during the forecast period owing to extensive adoption in several industry verticals like mining, construction, and corporate sector along with a surge in market demand from the government and defense sector so as to enable communications in the severe conditions. Moreover, hand-portable land mobile radios are convenient, easy to use, and used for group call communication. These are also called two-way wireless radios or Professional Mobile Radio (PMR).
Based on Technology, the Global Land Mobile Radio Market is bifurcated into Analog and Digital. Digital is further divided into TETRA, DMR, P25, and Others. Digital is anticipated to contribute the fastest growth during the forecast period as it is increasingly adopted to monitor crimes, terrorist activities, natural disasters, and cybercrimes. The increased adoption of DMR devices for enhancing voice quality, functionality, channel efficiency, and security, will propel the segment's expansion at a significant rate over the projection period. DMR's primary goal is to replace analog radio with a low-cost, simple digital standard.
Based on Frequency, the Global Land Mobile Radio Market is classified into 25-174 VHF, 200-512 UHF, and 700 MHz and Above. The 700 MHz and above frequency will hold the major share owing to its long-range capability that allows operators to broadcast a higher range.
Based on Application, the Global Land Mobile Radio Market is segregated into Commercial and Public Safety. The commercial is further divided into Transportation, Retail, Mining, Utility, and Others (Tourism, Manufacturing, Entertainment, and Construction). Public Safety is further divided into Home Security, Military & Defense, Fire Department, Emergency and Medical Services (EMS), and Others (Public Places, Events). The public safety segment contributes the largest share in the land mobile radio market as they are increasingly used by fire agencies, law enforcement firms, ambulatory service providers, and paramedics to monitor natural disasters, terrorist activities, and other circumstances. The ability of a land mobile radio system to integrate voice communications, data applications, and command centers with real-time decision-making has increased its demand in the defense sector.
Global Land Mobile Radio (LMR) Market : Geographic Overview
North America and Europe are expected to have significant growth in the land mobile radio market owing to increased occurrences of accidents and natural disasters along with rising use of digital technologies in various industry verticals like public safety, utility, transportation & logistics, military & defense, manufacturing, mining, etc.
Asia-Pacific is predicted to grow at a faster pace during the forecast period owing to the reliability and robustness of LMR systems, increased government expenditure, and economic stability in the region.
Global Land Mobile Radio (LMR) Market : Competitive Insight
The key players in the land mobile radio market are offering personalized solutions and applications to satisfy customer needs. Moreover, they are discovering new technologies and solutions via scientific research and technology innovation. Furthermore, increased research and development activities by private and public organizations to develop customized solutions and innovative products will proliferate the market development of the land mobile radio industry.
Recent Development by Key Players
L3Harris secured USD 1 billion contract with the U.S. Navy to provide advanced communication technologies for U.S. and allied forces.
Leonardo has launched a comprehensive capability enhancement package for the M-346 integrated training system which include the aircraft’s core avionics, mission equipment,navigation, and ground training capabilities. This move reflects the training needs to align pilot’s skills to the evolution dictated by modern multi-domain battlefields, combat air technology, and information management.
The Land Mobile Radio Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
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