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Download Free sampleA two-way radio is simply a radio that can both transmit and receive (a transceiver). In broader terms, most of voice wireless communications systems, including cellular system, fall into two-way radio definition. In Two Way Radio Equipment Market , two-way radio refers to radio system mainly used for group call communication. This two-way radio system is also known as Professional Mobile Radio (PMR), Land Mobile Radio (LMR) ,Private Mobile Radio (PMR) or Public Access Mobile Radio (PAMR) system. The two-way radio equipment refer to the terminal used in this system.They major include portable radios terminal and mobile radios terminal.
Two-way radio offers certain advantages that make it the clear choice for the vast majority of mobile professionals who require an affordable, flexible, highly reliable solution ? along with the power and range available only in licensed bands. Advantages of two-way radio include:
Two Way Radio Equipment Market aims to provide a comprehensive presentation of the global market for Two Way Radio Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Two Way Radio Equipment. Two Way Radio Equipment Market contains market size and forecasts of Two Way Radio Equipment in global, including the following market information:
The global Two Way Radio Equipment market was valued at US$ 9034.2 million in 2022 and is projected to reach US$ 10870 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Two Way Radio Equipment market include Motorola, KENWOOD, etc. The top 2 players occupy about 15% shares of the global market. North America and Europe are main markets, they occupy about 50% of the global market. Digital is the main type, with a share over 55%. Public Safety and Public Utilities are main applications, which hold a share over 70%.
We surveyed the Two Way Radio Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Two Way Radio Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Two Way Radio Equipment Market Segment Percentages, by Type, 2022 (%)
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