Global Land Mobile Radio (LMR) Systems (TETRA, Project 25, dPMR, DMR, and TETRAPOL) Market - Trends and Forecast to 2020

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Oct 17, 2014, 08:47 ET

DUBLIN, Oct. 17, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Land Mobile Radio (LMR) Systems (TETRA, Project 25, dPMR, DMR, and TETRAPOL) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" report to their offering.

Land Mobile Radio (LMR) systems are used by public works organizations, first responder organizations such as emergency medical service providers, police departments, fire departments, and others, including companies with an expansive network of field staff and vast vehicle fleets. LMR systems, based on technology, can be broadly classified into analog and digital types. These systems are used for applications such as military, commercial, construction, transportation, mining and utility. Depending on mobility, there are two types of LMR systems available in the market, namely, hand portable and mobile (vehicular) LMR systems. In 2013, military applications segment dominated LMR systems market with 17.8% market share in terms of revenue. However, with rising number of vehicles on road, the demand for streamlining the traffic management communications is also multiplied, which directly drives the demand for LMR systems for transportation applications.

Globally, the market for LMR systems was valued at USD 10.57 billion in 2013 and is expected to grow at a CAGR of 16.9% from 2014 to 2020 to reach USD 30.6 billion in 2020.The global LMR systems market is primarily driven by growing importance of efficient mission critical communication operations and integration of LMR systems with expanding LTE networks. Additionally, the rising demand for LMR systems for military and transportation applications is further contributing to the market growth. Moreover, the increasing adoption of LMR systems by corporate users in expected to boost the growth of LMR systems market. However, security concerns allied with burglary and modification of critical information hampers the adoption of LMR systems for critical communication applications.

Hand portable LMR systems held the largest market share, accounting for 55.9% of the global revenue share in 2013. This dominance is attributed to the wide application of hand portable LMR systems in mining, corporate use and construction activities. Moreover, owing to the increasing number of purchases from the government and defense sector for enabling communication in harsh conditions, it is expected that mobile LMR systems market will show significant growth rate over the forecast period.

The digital LMR systems segment is expected to dominate the market by end of the forecast period. This is due to changing trend from analog communication systems to digital communication systems owing to extended battery life and lower power consumption offered by digital systems. Moreover, TETRA digital technology based LMR systems followed by P25 technology segment dominated the digital technology segment of LMR systems market in 2013. This dominance is attributed to their encryption capabilities along with large capacity of users over single channel. However, the market is expected to witness tremendous growth in the DMR digital technology segment.

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Global Land Mobile Radio Systems Market Overview

Chapter 4 Global Land Mobile Radio Systems Market Revenue, by Product Type

Chapter 5 Global Land Mobile Radio Systems Market Revenue, by Technology

Chapter 6 Global Land Mobile Radio Systems Market Revenue, by Application

Chapter 7 Global Land Mobile Radio Systems Market Revenue, by Geography

Chapter 8 Company Profiles

Companies Mentioned: