Digital Mobile Radio Market Report: Trends, Forecast and Competitive Analysis to 2030

Digital Mobile Radio Trends and Forecast

The future of the global digital mobile radio market looks promising with opportunities in the aerospace & defense, commercial, transportation, oil & gas, mining, automotive, and industrial markets. The global digital mobile radio market is expected to reach an estimated $8.5 billion by 2030 with a CAGR of 7.4% from 2024 to 2030. The major drivers for this market are growing importance of optimizing critical communication operations for public safety responders, increase in the occurence of crime, terrorism, and natural disasters, and rising demand for upgradation of radio commuication infrastructure.

A more than 150-page report is developed to help in your business decisions.

Digital Mobile Radio by Segment

The study includes a forecast for the global digital mobile radio by frequency, tier, product type, end use industry, and region.

Digital Mobile Radio Market by Frequency [Shipment Analysis by Value from 2018 to 2030]:

• 25 to 174 MHz
• 200 to 512 MHz
• More Than 700 MHz

Digital Mobile Radio Market by Tier [Shipment Analysis by Value from 2018 to 2030]:

• Tier 1 (unlicensed)
• Tier 2
• Tier 3

Digital Mobile Radio Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Hand Portable
• In-Vehicle

Digital Mobile Radio Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Aerospace & Defense
• Commercial
• Transportation
• Oil & Gas
• Mining
• Automotive
• Industrial
• Others

Digital Mobile Radio Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Digital 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 digital mobile radio companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the digital mobile radio companies profiled in this report include-

• Mcs Digital
• L3Harris Technology
• BK Technologies
• Leonardo
• Simoco Wireless Solutions
• Thales Group
• Tait Communications
• Raytheon Technologies Corporation
• Motorola Solutions
• Hytera Communications

Digital Mobile Radio Market Insights

Lucintel forecasts that more than 700 MHz is expected to witness highest growth over the forecast period .

Within this market, commercial will remain the largest segment.

North America is expected to witness highest growth over the forecast period.

Features of the Global Digital Mobile Radio Market

Market Size Estimates: Digital mobile radio market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Digital mobile radio market size by frequency, tier, product type, and region. in terms of value ($B).

Regional Analysis: Digital mobile radio market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different frequencies, tiers, product types, and region.s for the digital mobile radio market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the digital mobile radio market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the digital mobile radio market size?

Answer: The global digital mobile radio market is expected to reach an estimated $8.5 billion by 2030.

Q.2. What is the growth forecast for digital mobile radio market?

Answer: The global digital mobile radio market is expected to grow with a CAGR of 7.4% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the digital mobile radio market?

Answer: The major drivers for this market are growing importance of optimizing critical communication operations for public safety responders, increase in the occurence of crime, terrorism, and natural disasters, and rising demand for upgradation of radio commuication infrastructure.

Q.4. What are the major segments for digital mobile radio market?

Answer: The future of the digital mobile radio market looks promising with opportunities in the aerospace & defense, commercial, transportation, oil & gas, mining, automotive, and industrial markets.

Q.5. Who are the key digital mobile radio market companies?

Answer: Some of the key digital mobile radio companies are as follows:

• MCS Digital
• L3HARRIS Technology
• BK Technologies
• Leonardo
• Simoco Wireless Solutions
• Thales Group
• Tait Communications
• Raytheon Technologies Corporation
• Motorola Solutions
• Hytera Communications

Q.6. Which digital mobile radio market segment will be the largest in future?

Answer: Lucintel forecasts that more than 700 MHz is expected to witness highest growth over the forecast period.

Q.7. In digital mobile radio market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period.

Q.8. 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, high-growth opportunities for the digital mobile radio market by frequency (25 to 174 MHz, 200 to 512 MHz, and more than 700 MHz), tier [tier 1 (unlicensed), tier 2, and tier 3], product type (hand portable and in-vehicle), end use industry (aerospace & defense, commercial, transportation, oil & gas, mining, automotive, industrial, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of 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 key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?