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Download Free sampleThe global Walkie Talkie market was valued at 7446.97 Million USD in 2021 and will grow with a CAGR of 7.7% from 2021 to 2027, based on Research newly published report.
The prime objective of Walkie Talkie Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Walkie Talkie Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A walkie-talkie (more formally known as a handheld transceiver, or HT) is a hand-held, portable, two-way radio transceiver. Its development during the Second World War has been variously credited to Donald L. Hings, radio engineer Alfred J. Gross, and engineering teams at Motorola. Similar designs were created for other armed forces, and after the war, walkie-talkies spread to public safety and eventually commercial and jobsite work. Major characteristics include a half-duplex channel (only one radio transmits at a time, though any number can listen) and a "push-to-talk" (PTT) switch that starts transmission. Typical walkie-talkies resemble a telephone handset, possibly slightly larger but still a single unit, with an antenna mounted on the top of the unit. Where a phone`s earpiece is only loud enough to be heard by the user, a walkie-talkie`s built-in speaker can be heard by the user and those in the user`s immediate vicinity. Hand-held transceivers may be used to communicate between each other, or to vehicle-mounted or base stations.The global Walkie Talkie industry is characterized by several large international manufactures and many smaller regional manufactures. Therefore, market share concentration is low. The two largest operators account for about 22.75 % of total industry revenue in 2016. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. Key market players include Motorola, JVCKENWOOD, Icom, Hytera, Sepura, Tait, Cobra, Yaesu, Entel Group, and Uniden among others.
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