Land Mobile Radio Market - Global Trend & Forecast to 2020

“The growing demand for reliable and inexpensive land mobile radios will drive the market for land mobile radios”
The land mobile radios market is estimated to grow from USD 7.52 billion in 2014 to USD 15.65 billion by 2020, at a CAGR of 13.09% from 2015 to 2020. This market is driven by factors such as the growing demand for reliable & inexpensive LMRs, transition from analog to digital LMR products, and infiltration of LMRs into diverse industries.
“Digital LMRs to gain maximum traction during the forecast period”
The digital technology-based LMR segment is likely to hold the largest market share duing the forecast period. In addition, due to the rise in demand for digitalized products, which give better and effective results than traditional analog products, is expected to gain traction and grow at the highest CAGR in the next five years. The land mobile radios market is also projected to witness growth in the comemrcial industry, with the public safety industry accounting for the largest market share during the forecast period.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people in the market. Break-up of profile of primary participants is given below.
‧ By Company Type: Tier 1 – 45 %, Tier 2 – 33%, and Tier 3 – 22%
‧ By Designation: C-level – 55%, Director level – 30%, and Others – 15%
‧ By Region: North America – 50%, Europe – 15%, APAC – 30%, and RoW – 5%

The key land mobile radio vendors profiled in the report are:
1. Tait Radio Communications
2. Raytheon
3. Harris Corp.
4. Motorola Solutions
5. JVC Kenwood
6. Sepura PLC
7. RELM Wireless
8. Thales SA
9. Simoco group
10. Hytera
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the land mobile radio market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different verticals and regions.
2. The report would help stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to better understand their competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, newproduct develpoments, partnerships, and mergers & acquisitions.

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.4 GEOGRAPHIC SCOPE 15
1.4.1 YEARS CONSIDERED FOR THE STUDY 16
1.5 CURRENCY 16
1.6 LIMITATIONS 17
1.7 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.2 MARKET SIZE ESTIMATION 23
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 25
2.4 ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITES IN THE LAND MOBILE RADIO MARKET 32
4.2 LAND MOBILE RADIO MARKET– BY TECHNOLOGY ANALYSIS 32
4.3 LAND MOBILE RADIO MARKET– BY REGIONAL AND BY STANDARD 33
4.4 U.S. ESTIMATED TO HOLD THE LARGEST SHARE OF THE LAND MOBILE RADIO MARKET, GLOBALLY 34
4.5 LAND MOBILE RADIO MARKET, BY INDUSTRY 35
4.6 LAND MOBILE RADIO MARKET, BY TYPE 35
4.7 FASTEST-GROWING SEGMENTS OF THE LAND MOBILE RADIO MARKET 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 38
5.2 EVOLUTION 38
5.3 MARKET SEGMENTATION 39
5.3.1 LAND MOBILE RADIO MARKET, BY TYPE 39
5.3.2 LAND MOBILE RADIO MARKET, BY TECHNOLOGY 39
5.3.3 LAND MOBILE RADIO MARKET, BY STANDARD 39
5.3.4 LAND MOBILE RADIO MARKET, BY SECTOR 39
5.3.5 LAND MOBILE RADIO MARKET, BY GEOGRAPHY 40
5.4 MARKET DYNAMICS 40
5.4.1 DRIVERS 41
5.4.1.1 Growing demand for inexpensive and reliable land mobile radios 41
5.4.1.2 Application of land mobile radios into diverse industries, majorly in military & defense, law enforcement, and aviation 41
5.4.1.3 Transition of land mobile radios from analog to digital 41
5.4.2 RESTRAINTS 42
5.4.2.1 Spectrum shortages limiting industry expansion and limited channel capacity 42
5.4.2.2 High costs for building LMRs 42
5.4.3 OPPORTUNITIES 43
5.4.3.1 Requirement for secure communication 43
5.4.3.2 Dynamic spectrum access opportunities for LMRs 43
5.4.4 CHALLENGES 44
5.4.4.1 Narrowbanding public safety communication channels 44
5.4.4.2 Growth of IoT (Internet of Things)devices 44
6 INDUSTRY TRENDS 45
6.1 INTRODUCTION 45
6.2 VALUE CHAIN ANALYSIS 45
6.3 PORTER’S FIVE FORCES ANALYSIS 46
6.3.1 INTENSITY OF COMPETITIVE RIVALRY 48
6.3.2 THREAT OF SUBSTITUTES 49
6.3.3 BARGAINING POWER OF BUYERS 50
6.3.4 BARGAINING POWER OF SUPPLIERS 51
6.3.5 THREAT OF NEW ENTRANTS 52
7 MARKET, BY TYPE 53
7.1 INTRODUCTION 54
7.1.1 PORTABLE LMR 56
7.1.2 MOBILE LMR 56
7.2 LAND MOBILE RADIO MARKET, BY TECHNOLOGY 57
8 MARKET, BY TECHNOLOGY 60
8.1 INTRODUCTION 61
8.2 DIGITAL LAND MOBILE RADIO 62
8.2.1 DIGITAL LAND MOBILE RADIO, BY INDUSTRY 62
8.2.2 DIGITAL LAND MOBILE RADIO, BY TYPE 64
8.3 ANALOG LAND MOBILE RADIO 65
8.3.1 ANALOG LAND MOBILE RADIO, BY INDUSTRY 66
8.3.2 ANALOG LAND MOBILE RADIO, BY TYPE 68
9 LAND MOBILE RADIO MARKET, BY INDUSTRY 70
9.1 INTRODUCTION 71
9.2 LAND MOBILE RADIO MARKET: PUBLIC SAFETY INDUSTRY ANALYSIS 74
9.2.1 LAW ENFORCEMENT 76
9.2.2 MILITARY & DEFENSE 77
9.2.3 FIRE DEPARTMENT 78
9.2.4 HOME SECURITY 79
9.2.5 EMERGENCY & MEDICAL SERVICES (EMS) 80
9.2.6 OTHER INDUSTRIES 81
9.3 LAND MOBILE RADIO MARKET, COMMERCIAL INDUSTRY ANALYSIS 82
9.3.1 AVIATION 84
9.3.2 MARINE 85
9.3.3 MINING 86
9.3.4 RETAIL 87
9.3.5 OTHER INDUSTRIES 88
10 MARKET, BY STANDARD 89
10.1 P25 89
10.2 TETRA 90
10.3 DMR 90
10.4 OTHERS 91
11 MARKET, BY GEOGRAPHY 93
11.1 INTRODUCTION 94
11.2 NORTH AMERICA 96
11.2.1 U.S. 96
11.2.2 CANADA 97
11.2.3 MEXICO 97
11.3 EUROPE 100
11.3.1 U.K. 100
11.3.2 GERMANY 100
11.3.3 FRANCE 101
11.3.4 OTHERS 101
11.4 ASIA-PACIFIC 105
11.4.1 CHINA 105
11.4.2 JAPAN 105
11.4.3 SOUTH KOREA 105
11.4.4 OTHERS 105
11.5 REST OF THE WORLD (ROW) 108
11.5.1 MIDDLE EAST AFRICA 108
11.5.2 SOUTH AMERICA 108
12 COMPETITIVE LANDSCAPE 111
12.1 OVERVIEW 111
12.2 MARKET RANK ANALYSIS, LAND MOBILE RADIO MARKET 112
12.3 COMPETITIVE SITUATION AND TRENDS 113
12.3.1 NEW PRODUCT LAUNCHES AND DEVELOPMENTS 114
12.3.2 PARTNERSHIPS & CONTRACTS 115
12.3.3 ACQUISITIONS 116
13 COMPANY PROFILES 117
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 HARRIS CORPORATION 118
13.2 MOTOROLA SOLUTIONS, INC. 121
13.3 SEPURA PLC. 124
13.4 JVC KENWOOD CORPORATION 127
13.5 THALES SA 130
13.6 RAYTHEON CO. 133
13.7 RELM WIRELESS CORPORATION 135
13.8 HYTERA COMMUNICATIONS 137
13.9 TAIT RADIO COMMUNICATIONS 139
13.10 SIMOCO 141
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.
14 APPENDIX 143
14.1 INSIGHTS OF INDUSTRY EXPERTS 143
14.2 DISCUSSION GUIDE 144
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 147
14.4 AVAILABLE CUSTOMIZATIONS 149
14.5 RELATED REPORTS 149