Motorola Solutions, Inc. (US) and Hytera Communications Corporation Ltd. (China) are the Key Players in the Terrestrial Trunked Radio (TETRA) Market
Terrestrial Trunked Radio (TETRA) is a set of standards developed by the European Telecommunications Standards Institute (ETSI) to meets the needs of traditional Professional Mobile Radio (PMR) user organizations. The TETRA market is rapidly growing owing to the increase in demand for critical communications in the defense and transportation industries. The terrestrial trunked radio market is highly competitive because of the presence of a large number of big and small players. This market is largely dominated by companies in Europe, followed by in North America.
Key players in the ecosystem of the terrestrial trunked radio market profiled in this report are Motorola Solutions, Inc. (US), Airbus Defense and Space Corporation (France), Hytera Communications Corporation Limited (China), JVCKENWOOD Corporation (Japan), Sepura PLC (UK), Simoco Group (UK), DAMM Cellular Systems A/S (Denmark), Rohill Engineering B.V. (Netherlands), Bitea Limited (UK), and Rolta India Limited (India).
Companies have implemented different strategies to maintain their position in the terrestrial trunked radio market, and ensure long-term growth and profitability. Many players have adopted new product launches and developments to increase the demand of their technologies and cater to diverse application areas. This strategy accounted for ~38% of all the growth strategies adopted by players in this market. Along with new product launches, companies also adopted the strategies of contracts, agreements, acquisitions, partnerships, and expansions to increase their market share, expand their geographic presence, and gain recognition in the terrestrial trunked radio market.
Motorola Solutions, Inc. (US) is a leading global provider of mission-critical communications infrastructure, devices, software, accessories, and services. The company offers an extensive range of network infrastructure, devices, applications and services—based on terrestrial trunked radio (TETRA)—and digital mobile radio (DMR) standards. The company offers advanced terrestrial trunked radios and systems in North America. The company has sales offices with additional representation (through its network of distributors) across the globe. The company plans to grow by expanding its innovative products and solutions, acquiring companies, and entering into partnerships. In February 2017, Motorola Solutions introduced DIMETRA Express, an inflatable single-site TETRA digital radio system that can be deployed within 15 minutes.
Hytera Communications Corporation Ltd. (China) is a leading provider of professional mobile radio communications that offers complete and customized communication solutions to governments, public security, utilities, and transportation sectors along with enterprises and businesses for higher efficiency. The company also develops, manufactures, and markets its products and services for public safety, defense and security, and transportation sectors in the US, UK, Germany, Australia, Brazil, etc. The company is adopting the expansion strategy to grow its business. In 2016, it opened its new office in Seoul, South Korea, to strength its position in the country by offering different kinds of before-sales, on-sales, and after-sales services.
Related Reports:
Terrestrial Trunked Radio (TETRA) Market by Component (Hardware, and Software), Device Type (Portable, and Vehicular (Mobile)), Application (Commercial, and Public Safety), and Geography - Global Forecast to 2022
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