TERRESTRIAL TRUNKED RADIO MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Market News

Recent Developments

New product launches

• In May 2023, Sepura is a leading provider of critical communications solutions, specializing in the design, development, and manufacturing of radio communication devices and systems for public safety, industrial, and commercial applications introduced a simplified TETRA handheld device.
• In April 2023, Hytera Communications, a prominent global supplier of professional communication technologies, broadened its TETRA radio lineup with the launch of PT590. This portable TETRA radio is built to deliver exceptional coverage, superior audio, and enhanced safety and productivity features. It aims to empower frontline workers with the capabilities needed for prompt and effective responses at all times.
• In October 2020, Motorola Solutions introduced the MXP600, its advanced Terrestrial Trunked Radio (TETRA) device, designed to address the evolving requirements of public safety professionals both now and in the long term. This durable yet lightweight radio elevates the established features of critical voice communication to unprecedented standards and supports seamless collaboration with additional solutions.

Acquisition and partnerships

• In July 2022, Epiris is a private equity investment firm that specializes in investing in mid-market businesses completed the acquisition of Sepura.
• In March 2022, Motorola Solutions is a global leader in mission-critical communication solutions and technology purchased TETRA Ireland Communications, the provider responsible for Ireland’s National Digital Radio Service.
• In March 2021, Hytera Communications is a global provider of professional communication solutions, specializing in the design and manufacturing of two-way radios, systems, and applications for various industries finalized the acquisition of Sepura.