Market Overview:
The global TETRA radios 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 TETRA radios from transportation, public safety, and utilities applications. Additionally, the growing demand for TETRA radios in military and other applications is also contributing to the growth of this market. However, factors such as high installation and maintenance costs are restraining the growth of this market.
Product Definition:
A TETRA radio is a type of digital radio that uses the TETRA standard for communication. These radios are often used by emergency services and other government organizations, as they offer features such as secure communications and strong resistance to interference.
Portable:
Portable is a term used to define an equipment which can be transported from one place to another without any substantial changes in its basic design. The portable radio market has been growing at a steady pace and the trend is expected to continue over the forecast period.
The major driving factors for this market are increasing demand for safety, communication needs of people in remote areas along with advancements such as better battery technology and display options that make it easier for users to understand what they are hearing.
Vehicular:
Vehicular is a term used in the TETRA (Telecommunication Equipment and Technology Research Association) radios market to define any vehicle that can be used for communication purposes. It includes land vehicles, such as cars & trucks, boats, motorcycles or bicycles along with aircraft. The vehicular segment is expected to grow at a CAGR of XX% from 2017 to 2024 due to increasing demand for better connectivity and safety features in vehicles along with growing adoption of advanced technologies by users.
Application Insights:
The transportation application segment accounted for the largest revenue share of over 40% in 2017. The growing automotive sector across the globe is expected to be a major factor driving the demand for TETRA radios. According to data published by Organization of Motor Vehicle Manufacturers of Japan, there were approximately 1.18 billion motor vehicles on roads worldwide in 2016, up from about 946 million units in 2007 and around 642 million units sold since 1995. This growth has largely been driven by developing economies such as China, India and Brazil which are estimated to account for more than 60% of global vehicle sales by 2030.
TETRA¢â‚¬â„¢s have become an essential tool among public safety agencies owing to their enhanced features such as text messaging capability that helps them communicate effectively with citizens during emergencies or natural disasters without having to use conventional radio systems or mobile phones (2).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand for public safety and military applications. Furthermore, presence of key players such as Motorola Solutions, Inc.; General Dynamics Corporation; and Harris Corporation that are offering advanced solutions is also driving regional growth.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to growing infrastructure coupled with rising investments by governments for providing enhanced public safety services across various countries including India, China, Japan among others will drive this growth trend. Moreover, increasing number of Tetra Packet Radio (TPR) users due to low cost along with technological advancements will further fuel industry expansion over the next eight years time frame.
Growth Factors:
- Increasing demand for TETRA radios from the transportation sector as they offer reliable and clear voice communication in noisy and harsh environments.
- Growing popularity of TETRA radios among law enforcement and emergency services due to their enhanced security features.
- Proliferation of TETRA-based public safety networks across the globe, which is driving the demand for TETRA radios among government organizations.
- Rising demand for interoperable communication solutions among different agencies, which is fueling the growth of the global TETRA radios market.
Scope Of The Report
Report Attributes
Report Details
Report Title
TETRA Radios Market Research Report
By Type
Portable, Vehicular
By Application
Transportation, Public Safety, Utilities, Military, Others
By Companies
Motorola Solutions, Hytera Communications Corporation Limited, Airbus Defense and Space, Sepura, Jvckenwood Corporation, Simoco Group, Damm Cellular Systems, Rohill Engineering, Bitea Limited, Rolta India Limited, Motorola Solutions
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global TETRA Radios Market Report Segments:
The global TETRA Radios market is segmented on the basis of:
Types
Portable, Vehicular
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
Transportation, Public Safety, Utilities, Military, 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
- Hytera Communications Corporation Limited
- Airbus Defense and Space
- Sepura
- Jvckenwood Corporation
- Simoco Group
- Damm Cellular Systems
- Rohill Engineering
- Bitea Limited
- Rolta India Limited
- Motorola Solutions
Highlights of The TETRA Radios 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:
- Portable
- Vehicular
- By Application:
- Transportation
- Public Safety
- Utilities
- Military
- 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 TETRA Radios 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.
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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?
TETRA Radios are a type of radio that uses the 468 MHz frequency band. TETRA radios can be used to communicate between different types of vehicles, such as police cars, ambulances, and fire trucks.
Some of the key players operating in the tetra radios market are Motorola Solutions, Hytera Communications Corporation Limited, Airbus Defense and Space, Sepura, Jvckenwood Corporation, Simoco Group, Damm Cellular Systems, Rohill Engineering, Bitea Limited, Rolta India Limited, Motorola Solutions.
The tetra radios market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 TETRA Radios 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 TETRA Radios Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 TETRA Radios 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 TETRA Radios 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 TETRA Radios Market Size & Forecast, 2018-2028 4.5.1 TETRA Radios Market Size and Y-o-Y Growth 4.5.2 TETRA Radios Market Absolute $ Opportunity
Chapter 5 Global TETRA Radios 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 TETRA Radios Market Size Forecast by Type
5.2.1 Portable
5.2.2 Vehicular
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global TETRA Radios 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 TETRA Radios Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Public Safety
6.2.3 Utilities
6.2.4 Military
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global TETRA Radios 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 TETRA Radios 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 TETRA Radios Analysis and Forecast
9.1 Introduction
9.2 North America TETRA Radios 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 TETRA Radios Market Size Forecast by Type
9.6.1 Portable
9.6.2 Vehicular
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 TETRA Radios Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Public Safety
9.10.3 Utilities
9.10.4 Military
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 TETRA Radios Analysis and Forecast
10.1 Introduction
10.2 Europe TETRA Radios 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 TETRA Radios Market Size Forecast by Type
10.6.1 Portable
10.6.2 Vehicular
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 TETRA Radios Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Public Safety
10.10.3 Utilities
10.10.4 Military
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 TETRA Radios Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific TETRA Radios 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 TETRA Radios Market Size Forecast by Type
11.6.1 Portable
11.6.2 Vehicular
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 TETRA Radios Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Public Safety
11.10.3 Utilities
11.10.4 Military
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 TETRA Radios Analysis and Forecast
12.1 Introduction
12.2 Latin America TETRA Radios 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 TETRA Radios Market Size Forecast by Type
12.6.1 Portable
12.6.2 Vehicular
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 TETRA Radios Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Public Safety
12.10.3 Utilities
12.10.4 Military
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) TETRA Radios Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) TETRA Radios 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) TETRA Radios Market Size Forecast by Type
13.6.1 Portable
13.6.2 Vehicular
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) TETRA Radios Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Public Safety
13.10.3 Utilities
13.10.4 Military
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 TETRA Radios Market: Competitive Dashboard
14.2 Global TETRA Radios Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Motorola Solutions
14.3.2 Hytera Communications Corporation Limited
14.3.3 Airbus Defense and Space
14.3.4 Sepura
14.3.5 Jvckenwood Corporation
14.3.6 Simoco Group
14.3.7 Damm Cellular Systems
14.3.8 Rohill Engineering
14.3.9 Bitea Limited
14.3.10 Rolta India Limited
14.3.11 Motorola Solutions