Terrestrial Trunked Radio Market

Terrestrial Trunked Radio Market Size, Share, Growth Analysis, By Modes of Operation(Trunked Mode Operation (TMO), Direct Mode Operation (DMO)), By Component(Hardware, Software), By Device(Portable, Vehicular), By Application(Transportation & Logistics, Public Safety & Government, Utilities, Defense), By Region(North America, Europe, Latin America, Asia Pacific) - Industry Forecast 2025-2032


Report ID: UCMIG50C2019 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Terrestrial Trunked Radio Market Insights

Market Overview:

In 2016, the global terrestrial trunked radio market was estimated at USD 1.51 billion. Over the projection period, it is expected to grow at a CAGR of 17.8%. One of the important factors driving market expansion is the increasing demand for safe communication and safety. Furthermore, the proliferation of applications for smartphones for safety reasons is increasing demand for TETRA-compliant equipment.

Terrestrial Trunked Radio Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Wireless Telecommunication Services by segment aggregation, the contribution of the Wireless Telecommunication Services in Telecommunication Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Terrestrial Trunked Radio was estimated to be valued at US$ XX Mn in 2021.

The Terrestrial Trunked Radio Market is estimated to grow at a CAGR of XX% by 2028.

The Terrestrial Trunked Radio Market is segmented on the basis of Modes of Operation, Component, Device, Application, Region.

Based on region, the Terrestrial Trunked Radio Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Terrestrial Trunked Radio Market are Thales Group, Airbus Defence and Space oy, Simoco Wireless Solutions, JVCKENWOOD Corporation, Motorola Solutions, Inc.

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Terrestrial Trunked Radio Market

Report ID: UCMIG50C2019

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