The global twoway radio market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for wireless communication in various industries such as utilities, government and public safety, and industry and commerce. The increasing need for wireless communication in these industries has led to an increase in the adoption of twoway radios.
The analog walkie talkie segment accounted for the largest share of the global twoway radio market in 2018, followed by digital walkie talkies. Analog walkie talkies are more popular than digital ones because they are cheaper and have better battery life than their counterparts. However, with technological advancements being made every day, it is expected that digital walkie talkies will soon overtake analog ones as they offer better features such as encryption capabilities and voice activation mode which make them more suitable for use in hazardous environments such as construction sites or oil rigs where there is a risk of explosion or fire hazard due to gas leaks or other hazards present on site.
Some Of The Growth Factors Of This Market:
- The market for two-way radios is growing due to the increased need for communication in emergency situations.
- The market for two-way radios is growing due to the increased need for communication in disaster relief efforts.
- The market for two-way radios is growing due to the increased need for communication in military operations and missions.
- The market for two-way radios is growing due to the increased use of these devices by law enforcement agencies, fire departments, and other public safety organizations as well as private security firms and construction companies that work on large projects such as bridges or tunnels where there are no cell phone towers nearby or where cell phone signals are unreliable or nonexistent because of natural disasters like hurricanes, earthquakes, floods, etc, which can cause power outages that affect cell phone service too.
- The market for two-way radios is also expected to grow because of their use by people who live in remote areas with limited access to cellular networks such as farmers living on large farms with few neighbors or people who live off grid and rely on solar power systems instead of electricity from a utility company.
Industry Growth Insights published a new data on “Two-Way Radio Market”. The research report is titled “Two-Way Radio Market research by Types (Analog Walkie Talkie, Digital Walkie Talkie), By Applications (Government and Public Safety, Utilities, Industry and Commerce, Others), By Players/Companies Motorola, Kenwood, Icom, Yaesu, Vertex, Pulas, Wintec, Sepura, Linemax, Hytera, Linton, BFDX, Wanhua, Quansheng, Alinco, Kirisun, Midland, Cobra, Binatone, Neolink, Uniden, Entel Group, Abell”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Two-Way Radio Market Research Report
By Type
Analog Walkie Talkie, Digital Walkie Talkie
By Application
Government and Public Safety, Utilities, Industry and Commerce, Others
By Companies
Motorola, Kenwood, Icom, Yaesu, Vertex, Pulas, Wintec, Sepura, Linemax, Hytera, Linton, BFDX, Wanhua, Quansheng, Alinco, Kirisun, Midland, Cobra, Binatone, Neolink, Uniden, Entel Group, Abell
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Two-Way Radio Market Report Segments:
The global Two-Way Radio market is segmented on the basis of:
Types
Analog Walkie Talkie, Digital Walkie Talkie
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
Government and Public Safety, Utilities, Industry and Commerce, 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
- Kenwood
- Icom
- Yaesu
- Vertex
- Pulas
- Wintec
- Sepura
- Linemax
- Hytera
- Linton
- BFDX
- Wanhua
- Quansheng
- Alinco
- Kirisun
- Midland
- Cobra
- Binatone
- Neolink
- Uniden
- Entel Group
- Abell
Highlights of The Two-Way Radio 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:
- Analog Walkie Talkie
- Digital Walkie Talkie
- By Application:
- Government and Public Safety
- Utilities
- Industry and Commerce
- 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 Two-Way Radio 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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- Product & Brand Management
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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?
Two-way radios are a type of radio that allow two people to communicate with each other. They can be used for communication in emergencies, when there is no cell phone service, or for other purposes.
Some of the major players in the two-way radio market are Motorola, Kenwood, Icom, Yaesu, Vertex, Pulas, Wintec, Sepura, Linemax, Hytera, Linton, BFDX, Wanhua, Quansheng, Alinco, Kirisun, Midland, Cobra, Binatone, Neolink, Uniden, Entel Group, Abell.
The two-way radio 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. Two-Way Radio 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. Two-Way Radio Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Two-Way Radio Market - Supply Chain
4.5. Global Two-Way Radio Market Forecast
4.5.1. Two-Way Radio Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Two-Way Radio Market Size (000 Units) and Y-o-Y Growth
4.5.3. Two-Way Radio Market Absolute $ Opportunity
5. Global Two-Way Radio 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. Two-Way Radio Market Size and Volume Forecast by Type
5.3.1. Analog Walkie Talkie
5.3.2. Digital Walkie Talkie
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Two-Way Radio 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. Two-Way Radio Market Size and Volume Forecast by Application
6.3.1. Government and Public Safety
6.3.2. Utilities
6.3.3. Industry and Commerce
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Two-Way Radio 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. Two-Way Radio 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 Two-Way Radio 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. Two-Way Radio 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 Two-Way Radio Demand Share Forecast, 2019-2026
9. North America Two-Way Radio 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 Two-Way Radio 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 Two-Way Radio Market Size and Volume Forecast by Application
9.4.1. Government and Public Safety
9.4.2. Utilities
9.4.3. Industry and Commerce
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Two-Way Radio Market Size and Volume Forecast by Type
9.7.1. Analog Walkie Talkie
9.7.2. Digital Walkie Talkie
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 Two-Way Radio Demand Share Forecast, 2019-2026
10. Latin America Two-Way Radio 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 Two-Way Radio 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 Two-Way Radio Market Size and Volume Forecast by Application
10.4.1. Government and Public Safety
10.4.2. Utilities
10.4.3. Industry and Commerce
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Two-Way Radio Market Size and Volume Forecast by Type
10.7.1. Analog Walkie Talkie
10.7.2. Digital Walkie Talkie
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 Two-Way Radio Demand Share Forecast, 2019-2026
11. Europe Two-Way Radio 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 Two-Way Radio 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 Two-Way Radio Market Size and Volume Forecast by Application
11.4.1. Government and Public Safety
11.4.2. Utilities
11.4.3. Industry and Commerce
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Two-Way Radio Market Size and Volume Forecast by Type
11.7.1. Analog Walkie Talkie
11.7.2. Digital Walkie Talkie
11.8. Basis Point Share (BPS) Analysis by Type
119. 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 Two-Way Radio Demand Share, 2019-2026
12. Asia Pacific Two-Way Radio 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 Two-Way Radio 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 Two-Way Radio Market Size and Volume Forecast by Application
12.4.1. Government and Public Safety
12.4.2. Utilities
12.4.3. Industry and Commerce
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Two-Way Radio Market Size and Volume Forecast by Type
12.7.1. Analog Walkie Talkie
12.7.2. Digital Walkie Talkie
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 Two-Way Radio Demand Share, 2019-2026
13. Middle East & Africa Two-Way Radio 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 Two-Way Radio 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 Two-Way Radio Market Size and Volume Forecast by Application
13.4.1. Government and Public Safety
13.4.2. Utilities
13.4.3. Industry and Commerce
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Two-Way Radio Market Size and Volume Forecast by Type
13.7.1. Analog Walkie Talkie
13.7.2. Digital Walkie Talkie
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 Two-Way Radio Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Two-Way Radio Market: Market Share Analysis
14.2. Two-Way Radio Distributors and Customers
14.3. Two-Way Radio Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Motorola
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kenwood
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Icom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yaesu
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vertex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pulas
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wintec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sepura
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Linemax
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hytera
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Linton
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BFDX
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wanhua
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Quansheng
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Alinco
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Kirisun
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Midland
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Cobra
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Binatone
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Neolink
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
