Terrestrial Trunked Radio Market - Forecast(2021 - 2026)

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Terrestrial Trunked Radio Market Overview

The Terrestrial Trunked Radio Market is estimated to reach $5.9 billion by 2026, growing at a CAGR of 13.4%. The terrestrial trunked radio is a professional mobile radio that consists of two way transceiver specification. The terrestrial trunked radio uses point-to-multipoint and point-to-point at low data rate. It is used by government agencies, public access mobile radio and others as it provides secure and highly scalable safety against external manipulations. Authentication and encryption, time division multiple access, built-in bluetooth and GPS, multiorganizational interoperability and others are some of the benefits offered by the TETRA. Technological advancements, high cost of development and maintenance of communication equipment along with surging demand for secured communication and public safety are driving the growth of the market.

Terrestrial Trunked Radio Market Report Coverage

The report: “Terrestrial Trunked Radio Market – Forecast (2021-2026)”, by Industry ARC covers an in-depth analysis of the following segments of the Terrestrial Trunked Radio Market. 
By Mode of Operation– Trunked Mode Operation, Direct Mode Operation
By Device Type– Portable, Vehicular
By Industry Verticals- Transportation and Logistics, Public Safety and Government, Utilities, Defense, Commercial and Industry, Others
By Geography- North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC(China, Japan India, SK, Australia, Indonesia, Malaysia and Others), South America(Brazil, Argentina, Chile, Colombia and others), and RoW (Middle East and Africa)

Key Takeaways

  • The surge in use of advance voice communication devices in Defense, Military, Utilities, Public Safety and others along with the technological advancements are driving the growth of the market.
  • Portable TETRA devices are witnessing a significant growth in the market owing to the it’s several features such as lightweight, easy of voice communications and others.
  • APAC is witnessing a significant growth of the market owing to the presence of the major industrial sectors and growth of technologies. 
Terrestrial Trunked Radio Market, By Geography, 2020
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Terrestrial Trunked Radio Market Segment Analysis - By mode of Operation 

By Mode of Operation the market is segmented into Trunked mode of Operation and Direct Mode of Operation. Direct mode of operation is witnessing a significant growth in the market at a CAGR of 15.6% though 2026 owing to the several benefits offered by this mode of operation such as enhanced network coverage, air interface encryption and others. The direct mode of operation ensures that there is no need of global network to maintain the conversation although the users are within the coverage area of the network. In addition, the DMO allows two units simultaneously to continue exchanging information due to which it is used in work situations, accidents or exceptional circumstances. The DMO users can maintain contact with the TMO users through gateways. The DMO provides services to others that are outside the network through mini base stations. These factors have driven the growth of the market.

Terrestrial Trunked Radio Market Segment Analysis - By Device Type

By Device type the market is segmented into Portable and Vehicular. Portable TETRA approved equipment is anticipated to be the fastest growing in the market at 14.7% through 2026 as they provide features for instance bluetooth connectivity, emergency calls and others. Portable TETRA equipment are deployed in the worlds largest networks as they are robust and provide clear voice and data communication. These are easy to carry and can be used to carry even in the harsh environmental conditions as these are resistant to dust. These factors are fueling the growth of the market.

Terrestrial Trunked Radio Market Segment Analysis - By Geography

By Geography the Terrestrial Trunked Market is dominated by APAC with a market share of 36.2% in 2020. Presence of major industrial sectors accompanied with the advancement in technologies, growth of infrastructural activities and advancement in communication have driven the market in this region. Increased demand for higher bandwidth, increased expenditure by governments for improved communication in China is driving the growth of the market in this area. According to department of telecommunications, as of September, 2019 the broadband penetration in India stood at 625.42 million, an increase of over 100% since the introduction of the first 4G networks in the country in 2015. During the same period, the data usage is now nearly 10 GB per subscriber per month. The quantum jump in broadband subscribers has catapulted India to be the largest consumer of mobile data in the world, overtaking USA and China in peak consumption. While the significant coverage of 4G is now a reality, there is still room to grow, and strengthen the underlying infrastructure. It is also important that such universal access to broadband is affordable and of high quality. These factors have driven the growth of the market.

Terrestrial Trunked Radio Market Drivers

Growth of the advance communication in the Industrial sectors:

Surge in the communication between the users in the industrial sectors have driven the growth of the market. The presence of the military airports and the procurement of fighter jets by the army are witnessing a significant growth in the market. Owing to the wide use of TETRA devices in the military bases and fighter jets for communication purposes the demand is growing. In civil and military aeronautics Spain is ranked as one of the leading five European players. Furthermore, it actively participates in the main European aeronautic initiatives due to which there is a requirement of enhanced communication devices due to which the TETRA communication equipment are finding their applications. These factors are driving the growth of the market.

Technological advancements

The advancement of technology have driven the growth of the market. Advancing broadband technologies, such as 3G, 4G and 5G, offers an incentive for the successful user sector of TETRA devices to guarantee better penetration and reliable data. The continuous investments from operators in LTE infrastructure and prevalence of internet owing to the growth of mobile data traffic due to the popularity of social networks which has contributed the growth of transportation and Logistics are the main factors driving the growth of the market. The imports and exports in a global level are increasing the usage of cargo containers through the air transportation. Owing to this TETRA devices are widely used in transportation. In the modern aircrafts advanced communication techniques are widely adopted. All these ease of communication are possible due the advancement in technology. These factors have driven the market growth.

Terrestrial Trunked Radio Market Challenges

Cost related Challenges

Although TETRA technology is used for communications, but expensive hardware is required for linear modulation. The present demand for supply of terrestrial trunked radio solutions are less as this technology requires extensive testing. Moreover, the sites require high initial investment along with fixed cost of maintenance. These factors are hindering the growth of the market.

Terrestrial Trunked Radio Market Landscape

Terrestrial Trunked Radio Market is dominated by major companies such as JVCKenwood Corporation, Tait Communications, Motorola Solutions, Inc., Codan Radio Communications, DAMM Cellular Systems A/S, Hytera Communications Corporation Ltd., Harris Corporation, Simoco Group, Sepura PLC., Raytheon Company among others.

Acquisitions/Technology Launches

  • In November, 2020 Motorola Solutions, Inc. launched next generation TETRA device named “MXP600”. This device is light weighted and highly rugged and can be used in mission critical voice communications. This product is also used in public safety purposes. 

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1. Terrestrial Trunked Radio Market - Overview
    1.1 Definitions and Scope
2. Terrestrial Trunked Radio Market - Executive summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by type of Application
    2.3 Key Trends segmented by Geography
3. Terrestrial Trunked Radio Market
    3.1 Comparative analysis
        3.1.1 Product Benchmarking - Top 10 companies
        3.1.2 Top 5 Financials Analysis
        3.1.3 Market Value split by Top 10 companies
        3.1.4 Patent Analysis - Top 10 companies
        3.1.5 Pricing Analysis
4. Terrestrial Trunked Radio Market - Startup companies Scenario Premium Premium
    4.1 Top 10 startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Terrestrial Trunked Radio Market - Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top 10 companies
6. Terrestrial Trunked Radio Market Forces
    6.1 Drivers
    6.2 Constraints
    6.3 Challenges
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes
7. Terrestrial Trunked Radio Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Product life cycle
    7.4 Suppliers and distributors Market Share
8. Terrestrial Trunked Radio Market - By Mode of Operation (Market Size -$Million / $Billion)
    8.1 Direct Mode Operation
    8.2 Trunked Mode Operation
9. Terrestrial Trunked Radio Market - By Device (Market Size -$Million / $Billion)
    9.1 Portable
    9.2 Vehicular
10. Terrestrial Trunked Radio - By Application (Market Size -$Million / $Billion)
    10.1 Transportation and Logistics
    10.2 Public Safety and Government
    10.3 Utilities
    10.4 Defense
    10.5 Commercial
    10.6 Industrial
    10.7 Others
11. Terrestrial Trunked Radio- By Geography (Market Size -$Million / $Billion)
    11.1 Terrestrial Trunked Radio Market - North America Segment Research
    11.2 North America Market Research (Million / $Billion)
        11.2.1 Segment type Size and Market Size Analysis
        11.2.2 Revenue and Trends
        11.2.3 Application Revenue and Trends by type of Application
        11.2.4 Company Revenue and Product Analysis
        11.2.5 North America Product type and Application Market Size
            11.2.5.1 U.S
            11.2.5.2 Canada
            11.2.5.3 Mexico
    11.3 Terrestrial Trunked Radio- Europe Segment Research
    11.4 Europe Market Research (Market Size -$Million / $Billion)
        11.4.1 Segment type Size and Market Size Analysis
        11.4.2 Revenue and Trends
        11.4.3 Application Revenue and Trends by type of Application
        11.4.4 Company Revenue and Product Analysis
        11.4.5 Europe Segment Product type and Application Market Size
            11.4.5.1 U.K
            11.4.5.2 Germany
            11.4.5.3 Italy
            11.4.5.4 France
            11.4.5.5 Netherlands
            11.4.5.6 Russia
            11.4.5.7 Spain
            11.4.5.8 Rest of Europe
    11.5 Terrestrial Trunked Radio - APAC Segment Research
    11.6 APAC Market Research (Market Size -$Million / $Billion)
        11.6.1 Segment type Size and Market Size Analysis
        11.6.2 Revenue and Trends
        11.6.3 Application Revenue and Trends by type of Application
        11.6.4 Company Revenue and Product Analysis
        11.6.5 APAC Segment - Product type and Application Market Size
            11.6.5.1 China
            11.6.5.2 Australia
            11.6.5.3 Japan
            11.8.5.4 South Korea
            11.8.5.5 India
            11.6.5.6 Indonesia
            11.6.5.7 Malaysia
            11.6.5.8 Rest of APAC
    11.7 Terrestrial Trunked Radio- South America Segment Research
    11.8 South America Market Research (Market Size -$Million / $Billion)
        11.8.1 Segment type Size and Market Size Analysis
        11.8.2 Revenue and Trends
        11.8.3 Application Revenue and Trends by type of Application
        11.8.4 Company Revenue and Product Analysis
        11.8.5 South America Product type and Application Market Size
            11.8.5.1 Brazil
            11.8.5.2 Chile
            11.8.5.3 Argentina
            11.8.5.4 Colombia
            11.8.5.5 Rest of South America
    11.9 Terrestrial Trunked Radio - Middle East Segment and Africa Segment Research
    11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
        11.10.1 Segment type Size and Market Size Analysis
        11.10.2 Revenue and Trend Analysis
        1.10.3 Application Revenue and Trends by type of Application
        11.10.4 Company Revenue and Product Analysis
        11.10.5 Middle East Segment Product type and Application Market Size
        11.10.6 Africa Segment Analysis
12. Terrestrial Trunked Radio Market - Entropy
    12.1 New product launches
    12.2 M&A s, collaborations, JVs and partnerships
13. Terrestrial Trunked Radio Market - Industry / Segment Competition landscape Premium Premium
    13.1 Market Share Analysis
        13.1.1 Market Share by Country
        13.1.2 Market Share by Region
        13.1.3 Market Share by type of Application
        13.1.4 Market Share by type of Product / Product category
        13.1.5 Market Share at global level
14. Terrestrial Trunked Radio Market - Key Company List by Country Premium Premium
15. Terrestrial Trunked Radio Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10

LIST OF TABLES

1.Global Terrestrial Trunked Radio Market By Component Market 2019-2024 ($M)
1.1 Hardware Market 2019-2024 ($M) - Global Industry Research
1.2 Software Market 2019-2024 ($M) - Global Industry Research
2.Global Terrestrial Trunked Radio Market By Device Market 2019-2024 ($M)
2.1 Portable Market 2019-2024 ($M) - Global Industry Research
2.2 Vehicular Market 2019-2024 ($M) - Global Industry Research
3.Global Terrestrial Trunked Radio Market By Component Market 2019-2024 (Volume/Units)
3.1 Hardware Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Software Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Terrestrial Trunked Radio Market By Device Market 2019-2024 (Volume/Units)
4.1 Portable Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Vehicular Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Terrestrial Trunked Radio Market By Component Market 2019-2024 ($M)
5.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
5.2 Software Market 2019-2024 ($M) - Regional Industry Research
6.North America Terrestrial Trunked Radio Market By Device Market 2019-2024 ($M)
6.1 Portable Market 2019-2024 ($M) - Regional Industry Research
6.2 Vehicular Market 2019-2024 ($M) - Regional Industry Research
7.South America Terrestrial Trunked Radio Market By Component Market 2019-2024 ($M)
7.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
7.2 Software Market 2019-2024 ($M) - Regional Industry Research
8.South America Terrestrial Trunked Radio Market By Device Market 2019-2024 ($M)
8.1 Portable Market 2019-2024 ($M) - Regional Industry Research
8.2 Vehicular Market 2019-2024 ($M) - Regional Industry Research
9.Europe Terrestrial Trunked Radio Market By Component Market 2019-2024 ($M)
9.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
9.2 Software Market 2019-2024 ($M) - Regional Industry Research
10.Europe Terrestrial Trunked Radio Market By Device Market 2019-2024 ($M)
10.1 Portable Market 2019-2024 ($M) - Regional Industry Research
10.2 Vehicular Market 2019-2024 ($M) - Regional Industry Research
11.APAC Terrestrial Trunked Radio Market By Component Market 2019-2024 ($M)
11.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
11.2 Software Market 2019-2024 ($M) - Regional Industry Research
12.APAC Terrestrial Trunked Radio Market By Device Market 2019-2024 ($M)
12.1 Portable Market 2019-2024 ($M) - Regional Industry Research
12.2 Vehicular Market 2019-2024 ($M) - Regional Industry Research
13.MENA Terrestrial Trunked Radio Market By Component Market 2019-2024 ($M)
13.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
13.2 Software Market 2019-2024 ($M) - Regional Industry Research
14.MENA Terrestrial Trunked Radio Market By Device Market 2019-2024 ($M)
14.1 Portable Market 2019-2024 ($M) - Regional Industry Research
14.2 Vehicular Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
2.Canada Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
3.Mexico Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
4.Brazil Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
5.Argentina Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
6.Peru Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
7.Colombia Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
8.Chile Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
9.Rest of South America Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
10.UK Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
11.Germany Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
12.France Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
13.Italy Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
14.Spain Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
15.Rest of Europe Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
16.China Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
17.India Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
18.Japan Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
19.South Korea Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
20.South Africa Terrestrial Trunked Radio Market Revenue, 2019-2024 ($M)
21.North America Terrestrial Trunked Radio By Application
22.South America Terrestrial Trunked Radio By Application
23.Europe Terrestrial Trunked Radio By Application
24.APAC Terrestrial Trunked Radio By Application
25.MENA Terrestrial Trunked Radio By Application
26.Hytera Communications Corporation Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Airbus Defence & Space OY, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Sepura PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Jvckenwood Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Simoco Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.DAMM Cellular Systems A/S, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Rohill Engineering B.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.BiTEA Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Key Innovators, Sales /Revenue, 2015-2018 ($Mn/$Bn)