Market Leader - Land Mobile Radio Market
Land mobile radios (LMRs), also known as private land mobile radio or public land mobile radio, are wireless communications systems used by terrestrial users in vehicles (mobiles) or on foot (hand portables). To support mission-critical voice communications, LMR systems have been deployed since the 1930s. Since the initial deployment of land mobile radios, many public safety and commercial agencies have migrated from basic LMR systems to more advanced communications systems. The LMR market is expected to be valued at USD 20.82 Billion by 2022, growing at a CAGR of 14.3% between 2016 and 2022. The growth of this market is propelled by the increasing demand for inexpensive and reliable land mobile radios, growing significance of efficient critical communication operations, application of LMRs in diverse industries, and transition of communication devices from analog to digital.
Harris Corporation, Motorola Solutions, Inc., Simoco, Raytheon Company, and JVCKENWOOD Corporation, Thales SA, Hytera Communications Corporation Limited, and Sepura PLC are some of the leading players in the LMR market. New product launches and developments, expansions, contracts, agreements, acquisitions, and collaborations are the key strategies adopted by major players to gain a competitive edge in the market.
Harris Corporation was the leading company in the LMR market in 2015. The company offers a wide product portfolio for a range of applications. It has established a strong brand name in the market on the back of its innovations, technological excellence, and sustainable and high-quality products. The company also has strong geographic presence.
To maintain its market position, the company has been focusing on inorganic growth strategies. In September 2016, Harris CapRock Communications, a subsidiary of Harris Corporation, announced the launch of “OnePath” Wireless Radio to address the growing demand for bandwidth in the energy and commercial maritime industries.
Motorola Solutions, Inc. offers LMR devices based on APCO P25, DMR, and TETRA technology standards. The company was awarded a portion of the largest public safety LTE contract in 2015 with the U.K. government. This covered more than 300,000 emergency and public service users at more than 300 agencies across the U.K. The company has a strategically balanced portfolio and diversified geographic presence. Its strong position in various markets provides it a competitive advantage. The MOTORBO SL product team of Motorola has set a benchmark with its innovative digital and analog radio products in the market—using standards such as TETRA and DMR, thereby increasing its customer base across the globe.
The other companies in the LMR space include Thales SA, Raytheon Company, RELM Wireless Corporation, Tait Radio Communications Limited, and Raytheon Company.
Related Reports:
Land Mobile Radio Market by Type (Hand Portable, and In-Vehicle), Technology (Analog, and Digital), Frequency (25-174 MHz, 200-512 MHz, 700 MHZ & above), Application (Commercial, and Public Safety), and Geography - Global Forecast to 2022
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