Land Mobile Radio (Lmr) Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Transparency Market

Research

Land Mobile RadioSystems Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2014 - 2020

Published Date

30-Sep-2014

113 Page Report

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Press Release

Global Land Mobile Radio (LMR) Systems Market Expected to

Reach USD 30.06 Billion in 2020:Transparency Market Research

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Land Mobile Radio (LMR) Systems

Market

REPORT DESCRIPTION

Land Mobile Radio (LMR) Systems Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast, 2014 - 2020

According to a new market report published by Transparency Market Research “Land Mobile Radio Systems

Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” the global LMR

systems market was valued at USD 10.57 billion in 2013. The market, on the basis of types, is segmented

into hand portable and mobile (vehicular) LMR systems. On the basis of applications, the market is

segmented as military, commercial, construction, transportation and others. The military applications

segment was the largest contributor and accounted for 36.1% of the global LMR systems revenue in 2013.

However, commercial application segment is expected to record highest growth rate during the forecast

period, 2014 - 2020. The growth is mainly driven by the rising adoption of LMR systems by the small,

medium and large scale business organization for streamlining their business operations. Moreover, the

transportation applications of the LMR systems are expected to drive this market in the long run as

government of several countries are focusing on streamlining the traffic control operations with 100%

interoperability and coordination within the public transport.

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