Global Terrestrial Trunked Radio Market to 2024

DUBLIN, June 22, 2018 /PRNewswire/ --

The "Terrestrial Trunked Radio Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.

The report predicts the global terrestrial trunked radio market to grow with a CAGR of 12.4% over the period of 2018 - 2024.

The report on global terrestrial trunked radio market provides qualitative and quantitative analysis for the period of 2016 to 2024.

The terrestrial trunked radio (TETRA) is set of standers that describe common mobile radio communication infrastructure defined by the European Telecommunications Standardization Institute. The growing use of TETRA network in public safety groups such as police and fire departments, military and defense, utility companies and other voice and data communications services are the factors contributing in the market growth for TETRA network.

In addition, the TETRA provides the features as broadcast call, emergency call, high-speed data service, and security among others. This in turn is expected to drive the market growth over the forecast period. However, the high infrastructure cost of TETRA network is considered the restraining factor for the growth of terrestrial trunked radio market. Moreover, digitalization of radio communication devices and developing the use of radio communications in transportation business are projected to create numerous opportunities in this market.

Segments Covered

The global terrestrial trunked radio market is segmented on the basis of device type, component and application.

Global Terrestrial Trunked Radio Market by Device Type

• Portable
• Vehicular

Global Terrestrial Trunked Radio Market by Component

• Software
• Hardware
• Services

Global Terrestrial Trunked Radio Market by Application

• Aviation
• Public Safety
• Transportation & Logistics
• Oil & Gas
• Others

Global Terrestrial Trunked Radio Market by Regions

• North America
• Europe
• Asia-Pacific
• RoW

Companies Profiled

• Damm Cellular Systems A/S
• Rolta India Limited
• Leonardo
• Simoco Wireless Solutions
• Cobham plc
• JVCKENWOOD Corporation
• ROHILL Engineering B.V
• BiTEA Limited
• Hytera Communications Corporation Limited
• Airbus Defence and Space OY
  

For more information about this report visit https://www.researchandmarkets.com/research/2ngndq/global?w=5

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SOURCE Research and Markets