Land Mobile RadioSystems Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 - 2020
113 Page Report
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
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.
Browse Report with Full TOC at Land Mobile Radio (LMR)...