Growth Opportunities in the Global European Land Mobile Radio Market 2022-2027: Trends, Opportunities and Competitive Analysis

According to a new market report published by Lucintel, the future of the European land mobile radio market looks promising with opportunities in the commercial and public safety sectors. The LMR market is forecast to reach $3 billion by 2027 with a CAGR of 3.3% from 2021 to 2027. The major drivers for this market are increasing in need for secure and effective critical communication and increasing demand for LMRs in transportation, public utilities, and industrial sectors.

Browse 60 market data tables and 51 figures spread through 132 pages and in-depth TOC on “Global European Land Mobile Radio Market".

To download report brochure, please go to https://www.lucintel.com/european-land-mobile-radio-market.aspx and click "report brochure" tab from the menu.

In this market, analog radio and digital radio are the major technologies of LMR market. Lucintel forecasts that digital LMR technology will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to the shift from analog to digital technology and increasing deployment of TETRA technology due to its fast call set-up, group calls, and direct mode communication advantages.

 Within the European land mobile radio market, public safety is expected to remain the largest end use industry due to the increasing adoption of LMRs in critical communication in police departments and emergency responders, such as fire department, paramedics, and others. Lucintel forecasts that the use of LMRs in the commercial market is expected to witness the highest growth over the forecast period due to the increasing demand for LMRs in transportation, public utilities, construction, retail, private securities, and others.

Emerging trends, which have a direct impact on the dynamics of the industry, includes growing inclination towards LTE integrated LMR systems. Motorola, Hytera, Airbus (Secure Land Communication), JVC Kenwood, Thales, Harris Corporation, and Simoco Wireless Solutions are among the major LMR manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global European land mobile radio market by end use, technology, product, offering, and country. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global European Land Mobile Radio Market 2022-2027: Trends, Opportunities and Competitive Analysis”. The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global European land mobile radio market by end use, technology, product, offering, and country as follows: 

By End Use [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:

•Public Safety

oMilitary and Defense

oOther Public Safety

 

•Commercial

oTransportation

oRetail

oConstruction

oPublic Utilities

oPrivate Security

oOthers

 

By Technology [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:

•Analog

•Digital

oTETRA

oDMR

oP25

oOthers (NXDM, DPMR, etc)

 

By Product [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:

•Hand Portable

•In-Vehicle

 

By Offering [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:

•Hardware

•Solution

 

By Country [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:

•Germany

•Italy

•Spain

•United Kingdom

•France

•Other European Countries

This 132-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/european-land-mobile-radio-market.aspx or write us at helpdesk@lucintel.com.

 

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the global European land mobile radio market by end use (commercial and public safety), technology (analogue and digital), offering (hardware and solution), product (hand portable and in-vehicle), and country (Germany, Italy, Spain, United Kingdom, France, and Others)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which country will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?