According to a new market report published by Credence Research, ?Land Mobile Radio (LMR) Systems Market (Public Safety (Military & Defense, Law Enforcement, Fire Department, Emergency & Medical Services (EMS)), Transportation, Utilities, Oil and Gas, Mining, Construction and Other Verticals) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022? the land mobile radio systems market was valued at US$ 10.8 Bn in 2014 and is expected to reach US$ 25.74 Bn, expanding at a CAGR of 11.8% during the forecast 2015 to 2022. 

Market Insights
Land mobile radio systems, sometimes referred as private land mobile radios or public land mobile radios are communications system used by terrestrial users while on foot (portable land mobile radio) or in vehicles (mobile land mobile radio). Examples include tow-way radios and walkie talkies. Generally, these systems are deployed independently, but can also be connected to other stationary systems such as cellular networks or public switched telephone network (PSTN). Land mobile radios increasingly find applications in military and first responder agencies including police department, fire rescue department, emergency and medical service providers, disaster preparedness organizations, and other home security organizations. The advancements in technology, resulting in a gradual shift from analog to digital communication has expanded application base of land mobile radio systems beyond military and public safety agencies into corporate and enterprise users.

Competitive Insights
The global land mobile radio systems market is highly consolidated and concentrated across different vertical markets, especially public safety and military. The top four manufacturers accounted for over 60 percent of the global market revenue share in 2014. Motorola Solutions Inc., Harris Corporation, Raytheon Company, Thales Group S.A., and JVC Kenwood Corporation are identified as the leading land mobile radio system manufacturers while other players including Cassadian Communications, Inc. (Airbus DS Communications, Inc.), Relm Wireless Corporation, Hytera Communications, Nokia Networks B.V., TE Connectivity Ltd., and Tait Radio Communications have been marked as promising and emerging players in the land mobile radio industry. Developing LTE-integrated land mobile radio systems/units is expected to be the future market strategy for the players in the market

Key Trends

• Shift from Analog Land Mobile Radio Systems to Digital Land Mobile Radio Systems
• Escalating Demand for Portable Land Mobile Radio Units
• Compliance with Terrestrial Trunked Radio (TETRA) and Project25 Standard

Browse the full Land Mobile Radio (LMR) Systems (Public Safety (Military & Defense, Law Enforcement, Fire Department, Emergency & Medical Services (EMS)), Transportation, Utilities, Oil and Gas, Mining, Construction and Other Verticals) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 ? 2022 report at http://www.credenceresearch.com/report/land-mobile-radio-systems-lmr-market

Land mobile radio system (LMRS), also called public land mobile radio or private land mobile radio, is a wireless communications system intended for use by terrestrial users in vehicles (mobiles) or on foot (portables). Examples are two way radios in vehicles. Such systems are used by emergency first responder organizations such as police, fire, and ambulance services, public works organizations, dispatched services such as taxis, or companies with large vehicle fleets or numerous field staff. Such a system can be independent, but often can be connected to other fixed systems such as the public switched telephone network (PSTN) or cellular networks. Source: Wikipedia

What is Land Mobile Radio (LMR)?

Land mobile radio refers to communication systems, the most familiar of which being two-way radios (or ?walkie-talkies?), used by people while on foot (hand portable two-way radios) as you would see used security guards etc., or in vehicles (mobile two-way radio), as you would see in taxis etc.

These type of radios that most people are familiar with are generally digital mobile radio (DMR) systems, which have often replaced original analogue systems. Both digital and analogue systems may be licensed or unlicensed.

There are two further main types of land mobile radio systems Terrestrial Trunked Radio (TETRA), which is a high specification system used by the emergency services etc and P25, which is its US equivalent.

Generally, LMR systems are deployed independently, but can also be connected to other stationary systems such as cellular networks or public telephone networks. [Ref: chatterboxradio.com]

Blog: https://globenewswire.com/news-release/2018/03/14/1422312/0/en/Endocrine-Testing-Market-to-Reach-Worth-US-7-359-4-Million-by-2025-Credence-Research.html

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