Terrestrial Trunked Radio (TETRA) Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Terrestrial Trunked Radio (TETRA) Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : October, 2020 | Semiconductor & Electronics | PPT format

Report Digest


Terrestrial Trunked Radio (TETRA) Market: Overview

The rising demand for higher level of encryption for voice to meet the security needs for public safety organizations is boosting the global terrestrial trunked radio (TETRA) market. The ability of terrestrial trunked radios to transfer data quickly as compared to the mobile communications earlier is also boosting their demand. Terrestrial trunked radio is a private, digital mobile radiotechnology, finding its application in medical, transport, security, and fire services. As all communications via terrestrial trunked radio are private and secure, they are increasingly being adopted. As vendors operating in the terrestrial trunked radio market are putting all their efforts towards realizing a secure, reliable, and efficient communication method so as to fulfill the needs of consumers, the market is witnessing a growth.

The demand for TETRA is also forecasted to increase in the coming years on account of the growing penetration of professional mobile radio (PMR) organizations. The growing usage of TETRA networks in the military and defense applications will further the growth of the market. Additionally, the high demand for consumer electronics will also help in furthering the growth of the global terrestrial trunked radio market.

Terrestrial Trunked Radio (TETRA) Market: Key Trends

The rising need for mission critical communication and radio communication devices to shift from analog to digital will create a heightened demand for the deployment of terrestrial trunked radio worldwide. The use of terrestrial trunked radio for supporting the disaster relief and next generation public protection communications infrastructure will also push the market towards growth. In addition to this, the increasing need for efficient communication for home security and also for emergency medical services will ensure a growth of the TETRA market in the coming years. However, the installation cost of TETRA networks is very high and can pose a challenge for the growth of the market.

Terrestrial Trunked Radio (TETRA) Market: Market Potential

The military and defense sector is the largest applications segment for the TETRA market. Portable radios with inbuilt TETRA are catering to the needs of critical communication needs in the military and defense sector, which require seamless operation.

Companies such as Hytera Communications Corporation Limited, have developed PT580H Plus, which has tamper proof protection, making the device more secure. The data stored in the radio is thus protected from security attacks. Such innovations in the industry are likely to boost the adoption rates and thus drive the market for terrestrial trunked radio in the future.

Terrestrial Trunked Radio (TETRA) Market: Regional Outlook

On the basis of geography, the global terrestrial trunked radio market is segmented into Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. Of these, Asia Pacific is projected to hold key shares in the market on account of the growing acceptance of TETRA networks and a rise in the focus on critical communication operations. North America is expected to be second leading regional segment. Europe is expected to be one of the lucrative markets for TETRA on account of high adoption of these networks for both commercial and public applications. Moreover, the presence of a large number of established vendors is also proving to be beneficial for the growth of the market in the region.

Terrestrial Trunked Radio (TETRA) Market: Competitive Landscape

The key players operating in the Terrestrial Trunked Radio market includes Motorola Solutions, Inc. (The U.S), Simoco Group (U.K), Hytera Communications Corporation Limited (The U.S), Airbus Defense and Space Corporation (France), Bitea Limited (U.K), Rohill Engineering B.V. (Netherlands), Sepura PLC (UK), and Cellular Systems A/S (Denmark).

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?