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European Land Mobile Radio Market Trends and Forecast
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 $3 billion by 2027 with a CAGR of 3.3% from 2021 to 2027. The major drivers for this market are increasing in need for secure and effective critical communication and increasing demand for LMRs in transportation, public utilities, and industrial sectors.
Emerging Trends in the European Land Mobile Radio Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes growing inclination towards LTE integrated LMR systems.
A total of 51 figures / charts and 60 tables are provided in this 132-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the European land mobile radio market report, please download the report brochure.
European Land Mobile Radio Market by Segment
The study includes a forecast for the global European land mobile radio market by end use, technology, product, offering, and country as follows:
European Land Mobile Radio Market by End Use [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:
European Land Mobile Radio Market by Technology [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:
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Analog
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Digital
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TETRA
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DMR
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P25
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Others (NXDM, DPMR, etc)
European Land Mobile Radio Market by Product [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:
European Land Mobile Radio Market by Offering [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:
European Land Mobile Radio Market by Country [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 – 2027]:
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Germany
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Italy
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Spain
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United Kingdom
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France
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Other European Countries
List of European Land Mobile Radio Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies European land mobile radio companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the European land mobile radio companies profiled in this report includes.
European Land Mobile Radio Market Insight
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Lucintel forecasts that 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.
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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.
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Germany is expected to remain the largest country and witness the highest growth over the forecast period due to increasing demand for digital LMR market and increase in demand for LMR supporting TETRA technology
Features of European Land Mobile Radio Market
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Market Size Estimates: Facial cleanser market size estimation in terms of value ($M) and volume (Thousand Units)
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Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
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Segmentation Analysis: Market size by end use, technology, product, and offering.
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Country Analysis: European land mobile radio market breakdown by Germany, Italy, Spain, United Kingdom, France, and other European countries
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Growth Opportunities: Analysis of growth opportunities in different end use, technology, product, offering, and countries for the European land mobile radio market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the European land mobile radio market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the European land mobile radio market size?
Answer: The global European land mobile radio market is expected to reach an estimated $3 billion by 2027
Q2. What is the growth forecast for European land mobile radio market?
Answer: The European land mobile radio market is expected to grow at a CAGR of 3.3% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the European land mobile radio market?
Answer: 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.
Q4. What are the major applications or end use industries for European land mobile radio market?
Answer: Public safety is the major end use industries for European land mobile radio market.
Q5. What are the emerging trends in European land mobile radio market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing inclination towards LTE integrated LMR systems.
Q6. Who are the key European land mobile radio companies?
Answer: Some of the key European land mobile radio companies are as follows:
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Motorola Solutions
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JVCKENWOOD Corporation
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Thales SA
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Harris Corporation
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Simoco Wireless Solutions
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RELM Wireless Corporation
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ICOM Incorporated
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Hytera Communications
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Raytheon Company
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Tait Ltd.
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Airbus SE
Q7.Which European land mobile radio product segment will be the largest in future?
Answer: 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.
Q8: In European land mobile radio market, which country is expected to be the largest in next 5 years?
Answer: Germany is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
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?