PUBLISHER: Lucintel | PRODUCT CODE: 1107183
PUBLISHER: Lucintel | PRODUCT CODE: 1107183
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 $3 billion by 2027 with a CAGR of 3.3% from 2021 to 2027. The major drivers for this market are increasing in need for secure and effective critical communication and increasing demand for LMRs in transportation, public utilities, and industrial sectors.
Emerging Trends in the European Land Mobile Radio Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes growing inclination towards LTE integrated LMR systems.
A total of 51 figures / charts and 60 tables are provided in this 132-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the European land mobile radio market report, please download the report brochure.
European Land Mobile Radio Market by Segment
European Land Mobile Radio Market byEnd Use [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 - 2027]:
European Land Mobile Radio Market by Technology [Value ($M) and Volume (Thousand Units) shipment analysis for 2016 - 2027]:
European Land Mobile Radio Market by Product [Value ($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]:
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
Features of European Land Mobile Radio Market
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:
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.