December 28, 2021
As cited by the research report titled ‘Global Terrestrial Trunked Radio (TETRA) Market Size study, by Modes Of Operation (Trunked Mode Operation (TMO) and Direct Mode Operation (DMO)), by Component (Hardware and Software), by Device (Portable and Vehicular), by Application (Transportation & Logistics, Public Safety & Government, Utilities, Defense, Commercial & Industry and Others), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global terrestrial trunked radio (TETRA) market is projected to grow with a strong CAGR over 2021-2027.
Increasing usage of advanced voice communication devices in defense & military applications, rising demand for portable devices as they are lightweight & easy to carry, and innovative product launches are the major factors driving global terrestrial trunked radio (TETRA) market growth.
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Citing an instance, Motorola Solutions Inc. launched next gen TETRA device- MXP600 in November 2020. The device is light weight and highly rugged and has the capabilities of mission-critical voice communication and can also collaborate with other solutions.
For the record, terrestrial trunked radio (TETRA) is a set of digital standards which is developed by the European Telecommunications Standards Institute (ETSI) to cater the increasing requirements of traditional professional mobile radio (PMR) user organizations like public safety, utilities, transportation, military, government, and others.
In addition, increasing technological advancements and rising approvals for TETRA services are positively swaying the industry dynamics. On the downside, high cost of maintenance & development along with tough requirements to obtain TETRA license are likely to hamper the market expansion over the assessment period.
Based on modes of operation, global terrestrial trunked radio (TETRA) industry is segmented into trunked mode operation (TMO) and direct mode operation (DMO). While the component range includes, hardware and software.
On the basis of device, the marketplace is divided into portable and vehicular. Considering the application ambit, the business space is categorized into transportation & logistics, utilities, public safety & government, commercial & industry, defense, and others.
The geographical analysis of the industry includes regions like Asia Pacific, Europe, North America, and Latin America. Europe market is expected to showcase stellar growth over the assessment period 2021-2027, on account of several projects launched by government to promote the use of TETRA-approved equipment in the region.
Meanwhile, Asia Pacific market is likely to be a lucrative growth avenue over the estimated timeframe, owing to increasing focus on critical communication operations as well as expanding research & development activities in the region.
Prominent players profiled in the worldwide terrestrial trunked radio (TETRA) industry are Motorola Solutions Inc., Sepura Limited, Rohill Engineering B.V., Simoco Group, Airbus Defence and Space Oy, Damm Cellular Systems A/S, BiTEA Ltd., Thales Group, JVCKenwood Corporation, and Rolta India Ltd.