Allied Market Research published the new research report “Land Mobile Radio System Market”, states that the global market is estimated to reach $43,707 million by 2022, registering a CAGR of 17.1% from 2016 to 2022. In 2015, the portable land mobile radio system dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

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The global land mobile radio system market is driven by factors such as increasing awareness of efficient mission critical communication in the defense and emergency response sector. The land mobile radio systems are widely used in various industries such as manufacturing, construction, transportation, mining, and retail. However, dearth of spectrum, limited channel capacities, and stringent government regulations hamper the land mobile radio system industry growth. Furthermore, growing demand for effective communication technologies across emerging countries such as Asia-Pacific and LAMEA with heavy government investments is expected to present numerous opportunities for the land mobile radio system industry growth.

The portable land mobile radio systems accounted for majority of the land mobile radio system market size in 2015, owing to their mobility, ease of operation, and ability to operate in challenging conditions. The portable land mobile radio system market is expected to generate $26,880 million by 2022, registering a CAGR of 18.1%.

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The analog land mobile radio system market accounted for the largest share in the global land mobile radio system in 2015, owing to its low cost and intensive applications in non-mission-critical communication. However, the adoption of digital land mobile radio system segment is expected to grow during the forecast period, owing to its high-quality coverage, lower power consumption, log display, integration of customized software applications, and availability of data services. The digital land mobile radio system market is expected to grow at the highest CAGR of 24.9% during the forecast period.

Some of the Key Findings of Land Mobile Radio System Market:

• In 2015, portable land mobile radio system market accounted for the major share in the global market, in terms of revenue, and is projected to grow at a CAGR of 18.1% during the forecast period.
• The analog land mobile radio system market accounted for the highest share of around 60% in the global market in 2015.
• In 2015, North America generated the highest revenue in the market, accounting for around 39% of share in the global market.
• Asia-Pacific is expected to grow at the highest CAGR of 18.7% from 2016 to 2022.

Land Mobile Radio System Market Key Segments

The land mobile radio system market is segmented on the basis of type, technology, end user, and geography.

By Type
• Mobile LMR System
• Portable LMR System

By Technology
• Analog LMR System
• Digital LMR System

By End User
• Defense and Public Safety
• Commercial
• Transportation
• Construction

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