Market Overview:
The global portable radio communication equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable radios for various applications such as public safety and security, transport, military, business/industrial, and others. In addition, the growing demand for tactical headsets is also contributing to the growth of this market.
Product Definition:
Portable Radio Communication Equipment refers to devices that allow for communication wirelessly in a specific area or region. This can include walkie talkies, two-way radios, and other similar devices. The importance of Portable Radio Communication Equipment lies in its ability to provide instant communication between individuals in a specific area, without the need for cables or wires. This can be especially useful in emergency situations, where quick and easy communication is essential.
Battery:
Battery is a source of energy that can be used to provide electrical power for portable radio communication equipment. It is also used in some non-portable applications such as electric vehicles and power tools. The portable radio communication equipment market includes mobile phones, walkie-talkies, two way radios, CB ( Citizen band) radios and scanners.
Charger:
The charger is an electronic device used to convert the low power DC current received from the battery into high voltage AC current required by the portable radio communication equipment. The charging circuit consists of a rectifier, a filter, and an integrator. The integrator smooths out any fluctuations in voltage and reduces them to a constant level.
Application Insights:
Public safety and security application segment accounted for the largest market share in 2017. The growth is attributed to the increasing demand for portable radio communication equipment by various public safety and security agencies, such as police departments, fire departments, sheriff¢â‚¬â„¢s offices, etc. Furthermore, a growing number of terrorist attacks across the globe has increased government expenditure on enhancing public safety and security infrastructure which is further driving demand. For instance, according to an article published by The Hill newspaper in 2018 stated that terrorism costs American economy more than USD 250 billion every year while Vox reported in 2019 that terrorism costs Europe USD 175 billion annually. Thus it can be concluded that increase in terrorist attacks globally has driven up spending on enhancing public safety and security which is further driving market growth over the forecast period.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to increasing demand for public safety and security, along with growing adoption of portable devices in various applications. The U.S., being a developed economy, has witnessed an increase in investments by various government agencies for procuring POCE equipment. For instance, according to a recent announcement by Federal Communications Commission (FCC), it had approved USD X million dollar auction bid submitted by Universal Communication Systems Inc., for providing mobile communication services across the country using block-less adaptive array technology.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to increasing disposable income coupled with rising population in developing economies including China and India. Increasing investments from governments as well as private sectors are also contributing towards growth of this region’s market share at a significant pace.
Growth Factors:
- Increasing demand for portable radio communication equipment in the military and defense sector
- Growing demand for portable radio communication equipment from the emergency and disaster management sector
- Rising popularity of wearable devices and increasing demand for miniaturized portable radios
- Proliferation of 4G/LTE networks and growing demand for broadband-enabled portable radios
- Technological advancements in portable radio communication equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Radio Communication Equipment Market Research Report
By Type
Battery, Charger, Antenna, Speaker Microphone, Tactical Headset, Others
By Application
Public Safety and Security, Transport, Military, Business/Industrial, Others
By Companies
Motorola Solutions, Nova Communication, Nokia, Ericsson, Juniper Networks, Cisco Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Portable Radio Communication Equipment Market Report Segments:
The global Portable Radio Communication Equipment market is segmented on the basis of:
Types
Battery, Charger, Antenna, Speaker Microphone, Tactical Headset, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Public Safety and Security, Transport, Military, Business/Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Motorola Solutions
- Nova Communication
- Nokia
- Ericsson
- Juniper Networks
- Cisco Systems
Highlights of The Portable Radio Communication Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Battery
- Charger
- Antenna
- Speaker Microphone
- Tactical Headset
- Others
- By Application:
- Public Safety and Security
- Transport
- Military
- Business/Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Radio Communication Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Portable Radio Communication Equipment is a type of electronic equipment that can be transported from one place to another. This equipment includes radios, walkie-talkies, and other similar devices.
Some of the major companies in the portable radio communication equipment market are Motorola Solutions, Nova Communication, Nokia, Ericsson, Juniper Networks, Cisco Systems.
The portable radio communication equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Radio Communication Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Portable Radio Communication Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Radio Communication Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Portable Radio Communication Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Portable Radio Communication Equipment Market Size & Forecast, 2020-2028
4.5.1 Portable Radio Communication Equipment Market Size and Y-o-Y Growth
4.5.2 Portable Radio Communication Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Battery
5.2.2 Charger
5.2.3 Antenna
5.2.4 Speaker Microphone
5.2.5 Tactical Headset
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Public Safety and Security
6.2.2 Transport
6.2.3 Military
6.2.4 Business/Industrial
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Radio Communication Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Portable Radio Communication Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Battery
9.6.2 Charger
9.6.3 Antenna
9.6.4 Speaker Microphone
9.6.5 Tactical Headset
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Public Safety and Security
9.10.2 Transport
9.10.3 Military
9.10.4 Business/Industrial
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Battery
10.6.2 Charger
10.6.3 Antenna
10.6.4 Speaker Microphone
10.6.5 Tactical Headset
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Public Safety and Security
10.10.2 Transport
10.10.3 Military
10.10.4 Business/Industrial
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Battery
11.6.2 Charger
11.6.3 Antenna
11.6.4 Speaker Microphone
11.6.5 Tactical Headset
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Public Safety and Security
11.10.2 Transport
11.10.3 Military
11.10.4 Business/Industrial
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Battery
12.6.2 Charger
12.6.3 Antenna
12.6.4 Speaker Microphone
12.6.5 Tactical Headset
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Public Safety and Security
12.10.2 Transport
12.10.3 Military
12.10.4 Business/Industrial
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Battery
13.6.2 Charger
13.6.3 Antenna
13.6.4 Speaker Microphone
13.6.5 Tactical Headset
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Public Safety and Security
13.10.2 Transport
13.10.3 Military
13.10.4 Business/Industrial
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Portable Radio Communication Equipment Market: Competitive Dashboard
14.2 Global Portable Radio Communication Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Motorola Solutions
14.3.2 Nova Communication
14.3.3 Nokia
14.3.4 Ericsson
14.3.5 Juniper Networks
14.3.6 Cisco Systems
