According to the new market research report "Terrestrial
Trunked Radio Market by Component (Hardware, and Software), Device Type
(Portable, and Vehicular (Mobile)), Application (Commercial, and Public
Safety), and Geography - Global Forecast to 2022", is expected to be worth
USD 4.40 Billion by 2022, at a CAGR of 17.08% between 2017 and 2022. The major
driver for the growth of the terrestrial trunked radio market is the growing
demand of mission critical communications globally. The overall terrestrial
trunked radio market is driven by factors such as transition of radio
communication devices from analog to digital, and growing use of mobile radio
communications in the transportation industry.
“Demand for portable devices expected to drive the growth
of the terrestrial trunked radio market.”
The market for portable devices is expected to grow at the
highest CAGR between 2017 and 2022. As portable radios are handy and easy to
use, they account for the largest market share. These radios are mainly used
for group call communications and are also known as professional mobile radios
(PMR) or two-way wireless radios. The demand for TETRA technology in
portable devices will likely boost the terrestrial trunked radio market in the
near future.
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“Military and defense, and transportation TETRA market to
grow at the highest rate between 2017 and 2022.”
Military and defense is the largest application driving the
growth of TETRA for mission critical operations. Terrestrial trunked radios are
a vital part of every military setup, and thus are expected to grow at a high
rate during the forecast period. Portable and vehicular radios are now
available with inbuilt world class standard TETRA to cater to the needs of
critical and seamless communications in military and defense, and homeland
security. The application of TETRA in transportation covers land, air, and sea
transport security. In air transport, information about arrival and departure
of flights are conveyed and interoperated by security personnel via TETRA
technology. Modern transport systems, such as highway, public transport, and
port and airport facilities, have provided the society with numerous advantages
in terms of increased travel opportunities and greater choice. The Asian
Institute of Transport Development (AITD) is focusing on making transport
systems cleaner, safer, more efficient, and more affordable.
“Asia Pacific to witness the highest growth between 2017
and 2022”
The terrestrial trunked radio market in Asia Pacific (APAC)
is expected to grow at the highest CAGR between 2017 and 2022. The reason for
this growth is the huge population base, increasing adoption of TETRA networks,
research and development (R&D) activities, and increasing focus on critical
communications operations in this region. In APAC, the terrestrial trunked
radio market is mainly driven by China and Japan because of the rapid pace of
industrialization in these countries. Therefore, the terrestrial trunked radio
market in APAC is expected to witness rapid growth between 2017 and 2022.
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Key players in the ecosystem of the terrestrial trunked
radio market profiled in this report are Motorola Solutions, Inc. (US), Airbus
Defense and Space Corporation (France), Hytera Communications Corporation
Limited (China), JVCKENWOOD Corporation (Japan), Sepura PLC (UK), Simoco Group
(UK), DAMM Cellular Systems A/S (Denmark), Rohill Engineering B.V.
(Netherlands), Bitea Limited (UK), and Rolta India Limited (India).
