Market Overview:
The global trunking system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for trunking systems in commercial and industrial applications, owing to their advantages such as improved communication, enhanced safety and security, and optimized workflow. In terms of type, the narrow distribution segment is expected to hold a major share of the global trunking system market during the forecast period. This can be attributed to the growing demand for small-sized trunking systems in commercial and industrial applications.
Product Definition:
A trunking system is a type of telecommunications system that allows multiple telephone lines or other transmission media to be shared by a relatively small number of users. This makes it possible for many people to use the same line or channel at the same time without interference.
Narrow Distribution:
Narrow distribution is a term used in telecommunication to refer to the situation where several local channels are provided for service delivery. It refers to a system where there is only one channel that serves all transmitters in an area. In the case of analog systems, it means that multiplexing has been deployed on a single frequency with limited bandwidth; whereas, in digital systems, it means limiting the number of channels available for transmission over a network.
Wide Distribution:
Wide distribution is a term used in telecommunication to refer to the situation where one or more local stations are broadcasting on frequencies above and beyond the normal broadcast range of an antenna. In a trunking system, wide distribution can be caused by leakage from another system into the frequency being used by this system. It can also be caused if an unauthorized station is operating on a certain frequency within permitted tolerances without having obtained the necessary license.
Application Insights:
The warehouse application segment accounted for the largest revenue share of over 30% in 2017. The demand for trunking systems is expected to increase at warehouses where the availability of high-speed internet and mobile phones are crucial. Furthermore, increasing cross-border trade activities coupled with a growing number of government initiatives to promote e-commerce are anticipated to augment the growth over the forecast period.
Industrial applications include manufacturing facilities, oil & gas installations, power plants along with other infrastructure projects such as transportation terminals and distribution centers that require radio frequency identification (RFID) technology for tracking inventory or identifying tagged objects within a facility or across multiple locations. Trunking systems help in improving communication between RFID readers/transmitters and database servers by providing an additional channel thereby enhancing overall system performance across industrial applications.
Regional Analysis:
North America dominated the global trunking system market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing demand for efficient communication systems from various application areas, such as transportation and logistics, utility management, building automation, security & surveillance and others. Moreover, presence of key players such as AT&T; Corporation; Cisco Systems Inc.; General Electric; Harris Corporation; Hewlett Packard Enterprise Development LP.; and Vodafone Group are contributing towards regional growth by providing innovative solutions based on GTS technology.
Growth Factors:
- Increasing demand for trunking system from the transportation and logistics sector
- Growing popularity of trunking system among small and medium-sized businesses
- Rising number of public safety agencies adopting trunking system for emergency communication purposes
- Proliferation of next-generation technologies such as LTE and 5G that are expected to fuel the growth of trunking system market in the near future
- Growing demand for IP-based trunking systems over traditional analog systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Trunking System Market Research Report
By Type
Narrow Distribution, Wide Distribution, Other, Trunking Syste
By Application
Commercial, Industrial, Warehouse, Other
By Companies
Philips Lighting Holding, GE lighting, Havells Sylvania (Shanghai Feilo Acoustics), Siteco Beleuchtungstechnik GmbH (OSRAM), Zumtobel Group, TRILUX Group Management GmbH, Aura Light International, Luxon LED, Thorlux Lighting (F.W. Thorpe Plc Group), Trunking Syste
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Trunking System Market Report Segments:
The global Trunking System market is segmented on the basis of:
Types
Narrow Distribution, Wide Distribution, Other, Trunking Syste
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
Commercial, Industrial, Warehouse, Other
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:
- Philips Lighting Holding
- GE lighting
- Havells Sylvania (Shanghai Feilo Acoustics)
- Siteco Beleuchtungstechnik GmbH (OSRAM)
- Zumtobel Group
- TRILUX Group Management GmbH
- Aura Light International
- Luxon LED
- Thorlux Lighting (F.W. Thorpe Plc Group)
- Trunking Syste
Highlights of The Trunking System 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:
- Narrow Distribution
- Wide Distribution
- Other
- Trunking Syste
- By Application:
- Commercial
- Industrial
- Warehouse
- Other
- 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 Trunking System 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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- Correctly Positioning New Products
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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?
Trunking system is a telecommunications technology that allows multiple telephone lines in a home or office to be used as one line. This enables users to make calls without having to switch between lines.
Some of the major players in the trunking system market are Philips Lighting Holding, GE lighting, Havells Sylvania (Shanghai Feilo Acoustics), Siteco Beleuchtungstechnik GmbH (OSRAM), Zumtobel Group, TRILUX Group Management GmbH, Aura Light International, Luxon LED, Thorlux Lighting (F.W. Thorpe Plc Group), Trunking Syste.
The trunking system market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trunking System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Trunking System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trunking System Market - Supply Chain
4.5. Global Trunking System Market Forecast
4.5.1. Trunking System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trunking System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trunking System Market Absolute $ Opportunity
5. Global Trunking System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Trunking System Market Size and Volume Forecast by Type
5.3.1. Narrow Distribution
5.3.2. Wide Distribution
5.3.3. Other
5.3.4. Trunking Syste
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trunking System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Trunking System Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Industrial
6.3.3. Warehouse
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trunking System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Trunking System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Trunking System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Trunking System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Trunking System Demand Share Forecast, 2019-2026
9. North America Trunking System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Trunking System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Trunking System Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Industrial
9.4.3. Warehouse
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trunking System Market Size and Volume Forecast by Type
9.7.1. Narrow Distribution
9.7.2. Wide Distribution
9.7.3. Other
9.7.4. Trunking Syste
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Trunking System Demand Share Forecast, 2019-2026
10. Latin America Trunking System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Trunking System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Trunking System Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Industrial
10.4.3. Warehouse
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trunking System Market Size and Volume Forecast by Type
10.7.1. Narrow Distribution
10.7.2. Wide Distribution
10.7.3. Other
10.7.4. Trunking Syste
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Trunking System Demand Share Forecast, 2019-2026
11. Europe Trunking System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Trunking System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Trunking System Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Industrial
11.4.3. Warehouse
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trunking System Market Size and Volume Forecast by Type
11.7.1. Narrow Distribution
11.7.2. Wide Distribution
11.7.3. Other
11.7.4. Trunking Syste
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Trunking System Demand Share, 2019-2026
12. Asia Pacific Trunking System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Trunking System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Trunking System Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Industrial
12.4.3. Warehouse
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trunking System Market Size and Volume Forecast by Type
12.7.1. Narrow Distribution
12.7.2. Wide Distribution
12.7.3. Other
12.7.4. Trunking Syste
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Trunking System Demand Share, 2019-2026
13. Middle East & Africa Trunking System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Trunking System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Trunking System Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Industrial
13.4.3. Warehouse
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trunking System Market Size and Volume Forecast by Type
13.7.1. Narrow Distribution
13.7.2. Wide Distribution
13.7.3. Other
13.7.4. Trunking Syste
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Trunking System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trunking System Market: Market Share Analysis
14.2. Trunking System Distributors and Customers
14.3. Trunking System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting Holding
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE lighting
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Havells Sylvania (Shanghai Feilo Acoustics)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siteco Beleuchtungstechnik GmbH (OSRAM)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zumtobel Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TRILUX Group Management GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aura Light International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Luxon LED
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Thorlux Lighting (F.W. Thorpe Plc Group)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trunking Syste
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
