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The global land mobile radio (LMR)
systems market finds a consistent user base among multiple public
works organizations. The list also includes first-responder
organizations such as fire departments, police departments, and
medical service providers. The global LMR systems market also finds
users that incorporate a large network of field staff that works in
tandem with vast vehicle fleets.
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Growing Civilian Traffic Boosts Global LMR Systems Market
The 2013 global LMR systems market
was dominated by the military applications segment, which held a
17.8% market share. This is steadily reducing as the number of
vehicles on the roads increases. The surge in the automotive industry
caused by a heightened demand has put pressure on many countries to
incorporate better methods for streamlining communications for
traffic management. LMR systems offer one of the most successful
methods and therefore receive substantial demand from civilian
transportation segments. Other application segments of the global LMR
systems market, apart from military and transportation, include
construction and commercial.
Digital LMR Systems to Overtake Analog Systems by 2020
One of the most prominent trends in
the global LMR systems market is the shifting preference of users
from analog LMR systems to digital ones. Digital LMR systems offer
superior characteristics in terms of battery life and overall
efficiency in power consumption. Another advantage that digital LMR
systems have over analog systems is the complexity of encryptions
involved in it, leading to better security. Digital LMR systems
include TETRA, TETRAPOL, Project 25, DMR, and dPMR. Of these, TETRA
and Project 25 land mobile radio systems hold the largest market
shares due to their enhanced encryption capabilities over the rest.
Both these systems can also handle a large number of users over a
single channel, allowing networked services to work more
efficiently.Key companies in the global LMR systems market are also
expected to merge LMR systems with high-speed cellular networks to
provide next-gen products.
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Hand Mobiles Dominate Global LMR Systems Market
The two types of land mobile radio
systems employed include hand portable and mobile, which is also
known as vehicular. Of the two, the hand portable LMR systems segment
held the larger market share in 2013; 55.9% of the market was taken
up by hand portable LMR systems. The segment owes its strong
performance to the huge scope of applications for it, including in
the industries of construction, mining, and commercial. Mobile LMR
systems, on the other hand, are expected to show substantial growth
rates over the forecast period. The segment’s growth is attributed
to increasing government purchases for the defense sector in order
for personnel to communicate over harsh conditions.
North America Leads Consolidated Global LMR Systems Market
The U.S. government has made heavy
investments in the global LMR systems market in the recent past. The
intention behind the investment was to provide high-speed
communication services that will allow the defense sector to meet the
growing demands of modern communication. This put North America
firmly in the lead for the 2013 global LMR systems market. Key
players in the market include Nokia Networks, Thales Group, TE
Connectivity, Raytheon Company, and Motorola Solutions, Inc. all the
top players are increasing their emphasis on the Asia Pacific LMR
systems market due to the high demand observed in the region’s
emerging economies. The top players are competing fiercely against
each other and have to provide a consistent flow of innovations in
order to sustain profits.
The global LMR systems market was
previously worth US$10.57 billion in 2013. The market is expected to
reach an overall value of US$30.6 billion in 2020 if it adheres to
its estimated CAGR of 16.9% from 2014 to 2020. This extremely
optimistic CAGR seems but natural after reviewing the drivers of the
global LMR systems market, which comfortably outweigh its restraints.
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