Due to the increasing speed and expectations of the modern business environment, organizations must provide their workers with the appropriate communication tools to perform their responsibilities. The LMR market has room to develop as corporate users become more aware of the time and financial savings provided by LMR technologies. Existing two-way radio users have been utilizing outdated equipment that is close to failure. These days, people want these LMR gadgets to be more practical and operate more smoothly. Smartphones and other smart devices are used to incorporate LMR into the workplace. Through its NEXEDGE hand-portable devices, Kenwood Corporation enables integration between LMR and smartphones, promoting communication and workplace safety.
The global Land Mobile Radio (LMR) Systems Market is estimated to account for US$ 17312.91 Mn in terms of value by the end of 2021 and is expected to grow at a CAGR of 16.3% during the forecasted period (2022-2030).
Prominent Companies in the Land Mobile Radio (LMR) Systems Industry:
1. JVC Kenwood Corporation
JVC Kenwood Corporation/,was founded in 1988 and it’s Yokohama, Japan . The company operates in 24 countries.
2. Tait Ltd
Tait Ltdin 1969, and its Headquarters located in Lincoln Ave, United States. The company operates in 80 Countries.
3 Thales Group S.A.
Thales Group S.A.,was launch in 2000 and it’s headquarter located Défense, france.it operate over 100 country. In 022 · Thales has just been awarded its fifth order, valued at $100M to deliver 4,000 handheld Improved Multiband Inter/Intra Team Radios (IMBITR).
4 Nokia Networks B.V
Nokia Networks B.V was launch in 2007 and it’s headquarter Espoo, Finland.it operate over 170 country.
5 Raytheon Company
Raytheon Company, was founded 1922, with its headquarters in Arlington County, Virginia, United States..With businesses in over 120 countries
6. RELM Wireless Corporation
RELM Wireless Corporationwas launch in 1970. And its headquarter Hyderabad, Telangana, India. It operate over 95 country. In 2018 RELM announced that it is changing its name to BK Technologies, Inc., effective today.
7 Airbus DS Communications, Inc
Airbus DS Communications, Inc Founded in 1968 and it’s headquarter located Temecula, CA · United States, It operate over 80 country.
*Definition- Land mobile radio (LMR) system is a communication system that uses radio waves as a medium to conduct communications. It is also called public land mobile radio and is designed for use among terrestrial users on foot or in vehicles
