Terrestrial Trunked Radio (TETRA) System Market Global Opportunity Analysis and Industry Forecast, 2021–2030 At CAGR

Terrestrial trunked radio (TETRA) system is a communication standard established by the European Telecommunications Standards Institute (ETSI) to meet the needs of professional mobile radio (PMR), walkie-talkies, and public access mobile radio (PAMR).

The global terrestrial trunked radio (TETRA) system market size is expected to reach $8.57 billion by 2030 from $2.14 billion in 2020, growing at a CAGR of 15.24% from 2021 to 2030.  

Terrestrial trunked radio (TETRA) system is a communication standard established by the European Telecommunications Standards Institute (ETSI) to meet the needs of professional mobile radio (PMR), walkie-talkies, and public access mobile radio (PAMR).

Region-wise, the terrestrial trunked radio (TETRA) system market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

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Asia-Pacific is dominating the market, owing to high adoption of TETRA technologies in the government and public & safety, and transformation industry. 

Top Impacting Factors

  1. The global terrestrial trunked radio (TETRA) system market share is anticipated to witness significant growth during the forecast period.
  2. Factors such as growth of advance communication in the industrial sectors, technological advancements, and increase in demand for mission critical communication drive the terrestrial trunked radio (TETRA) system market growth.

Competition Analysis

Competitive analysis and profiles of the major terrestrial trunked radio (TETRA) system market players, such as SEPURA PLC, HYTERA Communications Corporation Limited, ROLTA India Limited, BITEA Limited, ROHILL Engineering B.V., Airbus Defense and Space OY, Motorola Solutions, Inc., JVCKENWOOD Corporation, SIMOCO Group, and DAMM Cellular Systems A/S, are focusing their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.   

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global terrestrial trunked radio (TETRA) system market outlook along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall terrestrial trunked radio (TETRA) system market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and terrestrial trunked radio (TETRA) system market opportunities with a detailed impact analysis.
  • The current terrestrial trunked radio (TETRA) system market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.  
  • Porter’s five forces analysis illustrates the potency of the buyers and the terrestrial trunked radio (TETRA) system market share of key vendors.   
  • The report includes the market trends and the revenue share of key vendors.

Terrestrial Trunked Radio (TETRA) System Market Report Highlights

AspectsDetails
BY COMPONENTHardwareSoftware
BY MODES OF OPERATIONTrunked mode operation (TMO)Direct mode operation (DMO)
BY DEVICEPortableVehicular
BY END USERMilitary and defenseTransportationUtilitiesIndustrialGovernment and public safetyCommercialOthers
BY REGIONNorth America  (U.S., Canada, Mexico)Europe  (UK, Germany, France, Italy, Rest of Europe)Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)LAMEA  (Latin America, Middle East, Africa)
Key Market PlayersAIRBUS DEFENCE AND SPACE OY, BITEA LIMITED, DAMM CELLULAR SYSTEMS A/S, HYTERA COMMUNICATIONS CORPORATION LIMITED, JVC KENWOOD CORPORATION, MOTOROLA SOLUTIONS INC., ROHILL ENGINEERING B.V., ROLTA INDIA LIMITED, SEPURA PLC, SIMOCO GROUP

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