Land Mobile Radio Global Market Report 2023
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Market Size, Trends and Global Forecast 2023-2032
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Land mobile radio (LMR) is a wireless communications technology that is primarily utilised for vital communications by public safety groups such as police, firefighters, and other emergency response organizations. LMR systems are widely used in the commercial world, including industrial, transportation, utilities, security, logistics, and even the military, in addition to the public safety sector. It enables push-to-talk two-way communication between radio transceivers.
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The global land mobile radio market size grew from $15.4 billion in 2022 to $17.96 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. The land mobile radio market size is expected to grow to $29.97 billion in 2027 at a CAGR of 13.7%.
Drivers Trends
An increase in the usage of land mobile radio (LMR) systems in military applications is expected to drive the growth of the land mobile radio market
The integration of LTE technology into LMR systems is a key trend in the land mobile radio market.
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The report covers the land mobile radio market’s segments-
Major companies in the market include
Motorola Solutions Inc
Harris Corporation
Cartel Communication Systems Inc
BK Technologies
TE Connectivity Ltd
1. Measure the impact of high global inflation on market growth
2. Market sizing information from 2017 to 2023 and forecasted to 2032
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7. Identify growth segments for investment
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9. Understand customers based on the latest market shares
10.Benchmark performance against key competitors
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