The global terrestrial trunked radio market is expected to grow at a significant CAGR during the forecast period 2024-2031. The terrestrial trunked radio is open and portable digital radio standard devices integrated for professional mobile radio. These devices are highly applicable in various organizations and industrial sectors including transportation, government, public safety and utilities to provide an effective communication device. The Terrestrial Trunked Radio are available with advanced features that include eavesdropping, end-to-end encryption and air interface encryption that provides efficient authentication between terminals and infrastructure.
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The increasing application of radio communication in the transportation industry and the rising transition of analogue to digital radio communication devices are the most dominant factors attributed to driving the market growth of the global terrestrial trunked radio market. Furthermore, the growing demand for effective mission-critical communication to regulate public safety application, the terrestrial trunked radio provides enhanced features that are projected to drive the market growth of the global terrestrial trunked radio market.
The terrestrial trunked radio offers effective support for next-generation communication infrastructure, public protection and disaster relief (PPDR). The TETRA networks possess wide applications to manage and identify various disaster conditions and are highly implemented to enhance public protection and disaster relief (PPDR) communication infrastructure. This feature attributed by TETRA is anticipated to explore the market shares and propel the growth of the global terrestrial trunked radio market during the forecast period. Additionally, the increasing adoption of terrestrial trunked radio enhanced data service (TEDS) to expand the productivity and functionality of data services is emerging as a significant growth opportunity for the global terrestrial trunked radio market and is expected to drive the market growth.
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Market Coverage
- Segment Covered-
o By Component
o By Device Type
o By Application
- Competitive Landscape- Motorola Solutions, Inc., Airbus Defense and Space Corporation, Hytera Communications Corporation Limited, JVCKENWOOD Corporation, Sepura PLC.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Terrestrial Trunked Radio Market by Segment
By Component
- Hardware
- Software
By Device Type
- Portable
- Vehicular
By Application
- Commercial
- Public Safety
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