Market Overview:
Walkie talkies are two-way radios that allow users to communicate with each other without having to be in the same place. Walkie talkies come in both analog and digital varieties, with the latter offering more features and better sound quality. They are commonly used by law enforcement, emergency responders, and military personnel, but they can also be used for recreational purposes. The global walkie talkie market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of this market is primarily driven by the increasing demand for digital walkie talkies due to their superior features and performance compared to analog walkie talkies. Additionally, the growing adoption of walkie talkies among government and public safety agencies is also contributing significantly to the growth of this market.
Product Definition:
A walkie talkie (more formally known as a handheld transceiver) is a portable two-way radio transmitter/receiver. It allows users to communicate without having to be within sight of each other.
Analog Walkie Talkie:
Analog walkie-talkie is a two-way radio communication system. It was developed during the Second World War for military use. The term analog refers to the fact that these radios are designed without the aid of any digital technology; they function by using varying levels of electrical energy produced by an oscillator, and vary in terms of frequency and bandwidth.
Digital Walkie Talkie:
A digital walkie-talkie is a two-way radio communication system. It is used by people for short range (up to 5 miles) wireless communication. The term “digital” in the name refers to the fact that these radios use a minimum of four levels of encryption (on/off, code 1 through 6, and code 11) for secure communications.
Application Insights:
The government and public safety segment dominated the global walkie talkie market in 2017. The growth of this segment can be attributed to the increasing need for communication among police officers, firefighters, and other emergency services personnel during natural disasters or terrorist attacks. For instance, in 2016, Sony Corporation announced a partnership with Ericsson AB to provide mobile communication products to help improve safety during emergencies such as earthquakes or terrorist attacks.
Utilities are expected to be one of the fastest-growing application segments over the forecast period owing to an increase in demand for grid stability operations and maintenance activities coupled with growing concerns regarding power outages caused due by heavy rains or snowstorms. Furthermore, utilities require efficient equipment that is capable of handling harsh environments such as jungles and mountains where utility workers have to work at height above ground level (HAGL).
Regional Analysis:
North America dominated the global walkie talkie market in 2017. The growth of this region can be attributed to the increasing demand for public safety and security, growing adoption of digital technologies, and presence of key industry players. In addition, government initiatives such as Project 25th are also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising investments by various governments in order to improve public safety & security network infrastructure coupled with rapid urbanization across emerging economies including India and China is driving demand for these devices among consumers as well as enterprises respectively. Moreover, increasing industrial automation across industries including oil & gas; mining; power generation; healthcare sector etc.
Growth Factors:
- Increasing demand for walkie talkies from the military and law enforcement sectors due to their advantages in terms of communication range and clarity.
- The increasing popularity of outdoor activities and events, such as camping, hiking, biking, etc., is driving the demand for walkie talkies as a means of communication between groups.
- Growing demand for walkie talkies from businesses operating in hazardous or remote areas where cellular networks are not available or reliable.
- Rising disposable income levels among consumers is enabling them to purchase more expensive but high-quality walkie talkies that offer better features and performance than lower-priced models.
Scope Of The Report
Report Attributes
Report Details
Report Title
Walkie Talkie 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, JVCKENWOOD, Icom, Hytera, Sepura, Tait, Cobra, Yaesu, Entel Group, Uniden, Midland, BFDX, Kirisun, Quansheng, HQT, Neolink, Lisheng, Abell, Weierwei
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Walkie Talkie Market Report Segments:
The global Walkie Talkie 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
- JVCKENWOOD
- Icom
- Hytera
- Sepura
- Tait
- Cobra
- Yaesu
- Entel Group
- Uniden
- Midland
- BFDX
- Kirisun
- Quansheng
- HQT
- Neolink
- Lisheng
- Abell
- Weierwei
Highlights of The Walkie Talkie 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 Walkie Talkie 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?
A walkie talkie is a two-way radio that can be used for voice communication.
Some of the major companies in the walkie talkie market are Motorola, JVCKENWOOD, Icom, Hytera, Sepura, Tait, Cobra, Yaesu, Entel Group, Uniden, Midland, BFDX, Kirisun, Quansheng, HQT, Neolink, Lisheng, Abell, Weierwei.
The walkie talkie market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Walkie Talkie 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. Walkie Talkie Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Walkie Talkie Market - Supply Chain
4.5. Global Walkie Talkie Market Forecast
4.5.1. Walkie Talkie Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Walkie Talkie Market Size (000 Units) and Y-o-Y Growth
4.5.3. Walkie Talkie Market Absolute $ Opportunity
5. Global Walkie Talkie 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. Walkie Talkie 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 Walkie Talkie 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. Walkie Talkie 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 Walkie Talkie 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. Walkie Talkie 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 Walkie Talkie 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. Walkie Talkie 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 Walkie Talkie Demand Share Forecast, 2019-2026
9. North America Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie Demand Share Forecast, 2019-2026
10. Latin America Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie Demand Share Forecast, 2019-2026
11. Europe Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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
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 Walkie Talkie Demand Share, 2019-2026
12. Asia Pacific Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie Demand Share, 2019-2026
13. Middle East & Africa Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie 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 Walkie Talkie Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Walkie Talkie Market: Market Share Analysis
14.2. Walkie Talkie Distributors and Customers
14.3. Walkie Talkie 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. JVCKENWOOD
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. Hytera
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sepura
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tait
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cobra
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yaesu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Entel 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. Uniden
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Midland
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. Kirisun
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. HQT
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Neolink
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lisheng
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Abell
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Weierwei
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
