Dublin, April 15, 2022 (GLOBE NEWSWIRE) -- The "Global Digital Mobile Radio Market Size, Share & Industry Trends Analysis Report By Frequency (>700 MHz, 200-512 MHz, and 25-174 MHz), By Industry Vertical, By Product Type, By Tier, By Regional Outlook and Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.
The Global Digital Mobile Radio Market size is expected to reach $7.2 billion by 2027, rising at a market growth of 10.0% CAGR during the forecast period.
Digital mobile radio is basically an international digital two-way radio standard introduced by the European Telecommunications Standards Institute with the primary goal of replacing conventional analog standards with twice the channel capacity and assisting professional mobile users by ensuring superior voice quality, functionality, and security. This standard is based on Time Division Multiple Access (TDMA) technology, and because it is an open standard, it makes it difficult for manufacturers to outperform their competitors.
DMR is a TDMA (Time Division Multiple Access) modes, which means it divides the signal into distinct time slots to allow multiple users to utilize the same frequency channel. Each frequency has two slots: slot 1 and slot 2, and each slot is used by several people. Every user sends a series of messages in quick succession, each in its own time slot. Multiple stations can share the very same frequency channel yet only use a portion of the channel's bandwidth.
Also, the market is being driven by the demand for upgrades in the radio communication infrastructure. The DMR is a brand-new communication system with a wide range of capabilities. The usage of these DMR is widespread, from industries to businesses. These areas are boosting demand for better communication. This DMR consists of standards with lesser disruptions. They can also provide end-users with an affordable choice of communication services.
The demand for digital mobile radio market is increasing as the requirement of an efficient communication system in various public security operations is emerging. DMR allows these public safety organizations to stream video, access data, and collaborate with their staff in real-time. Also, an increase in crime, terrorism, and natural disasters is encouraging the adoption of the digital mobile radio technology across the public safety sector
Moreover, the digital mobile radio technology is widely being employed in mining activities due to fact that these devices are capable of locating labors that are involved in the main mining activities such as coal mining and extracting minerals from the surface of ground.
COVID-19 Impact Analysis
The COVID-19 pandemic emerged as one of the biggest infections of the century. Additionally, it majorly affected economies of all countries as well as various industries irrespective of their sizes. The worldwide lockdown that was enforced by governments across the world in order to encourage the containment of the novel coronavirus caused a halt in production, causing a nuisance in the overall supply chain of electrical components.
Moreover, China, as the world's largest buyer and provider of electronic goods, suffered a demand slump caused by the pandemic. Due to a lack of items induced by the halt in production during the lockdown scenario, prices of contemporary digital technology components substantially increased. Both customers and the economy have been harmed by COVID-19. To minimize the spread of COVID-19 among staff, electronic manufacturing hubs were temporarily shut down.
Market Growth Factors:
Increasing investments of manufacturers in incorporating advanced mechanism in devices
While there are several advantages of DMR over Analogue, sophisticated control functions are one of the most important features among them. DMR makes use of TDMA's second time-slot technology to enable reverse-channel communication. The instructions are provided over the second channel when the first channel is engaged in a call. This provides capabilities such as transmitting radio control from a distance, priority call control, and emergency call pre-emption, among others.
Increased capacities in a compact mechanism
The majority of analog transceivers used to be big and heavy. However, as technology advances, any discomfort in such traditional gadgets is expected to be eliminated. DMRs are lighter and have a smaller footprint. In areas such as security and hospitality, radio's small size and discreetness are critical. DMRs that are ultra-light and ultra-thin offers a wider plethora of features to the user and are easier to use.
Marketing Restraining Factor:
Prevalence of technical issues and glitches
The growing number of errors in digital mobile radio is a key challenge in the market. In this sector, the frequency and noise difficulties are more prevalent. More obstacles are arising as a result of the market's developing technological issues. A small business's demand for the industry may be reduced due to technical challenges. Additionally, the digital mobile radio business is hampered by a lack of awareness. There are numerous alternatives to digital mobile radio, which resulted in less exposure of the digital mobile radio market.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Jan - 2021, Nov) Leading Players
Chapter 4. Global Digital Mobile Radio Market by Frequency
4.1 Global >700 MHz Market by Region
4.2 Global 200-512 MHz Market by Region
4.3 Global 25-174 MHz Market by Region
Chapter 5. Global Digital Mobile Radio Market by Industry Vertical
5.1 Global Commercial Market by Region
5.2 Global Aerospace & Defense Market by Region
5.3 Global Oil & Gas Market by Region
5.4 Global Industrial Market by Region
5.5 Global Automotive Market by Region
5.6 Global Transportation Market by Region
5.7 Global Mining Market by Region
5.8 Global Other Industry Vertical Market by Region
Chapter 6. Global Digital Mobile Radio Market by Product Type
6.1 Global Hand Portable Market by Region
6.2 Global In-Vehicle (Mobile) Market by Region
Chapter 7. Global Digital Mobile Radio Market by Tier
7.1 Global Tier 3 Market by Region
7.2 Global Tier 2 Market by Region
7.3 Global Tier 1 Market by Region
Chapter 8. Global Digital Mobile Radio Market by Region
Chapter 9. Company Profiles
9.1 L3Harris Technologies, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Raytheon Technologies Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.3 Thales Group S.A.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research and Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.4 Leonardo SpA
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.5 Motorola Solutions, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional & Segmental Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisitions and Mergers:
9.5.6 SWOT Analysis
9.6 Icom Incorporated
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.7 BK Technologies Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Research & Development Expenses
9.8 Hytera Communications Corporation Limited
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.9 Simoco Wireless Solutions
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.10. Tait Communications
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
For more information about this report visit https://www.researchandmarkets.com/r/1s3llo
