The Terrestrial Trunked Radio Market is estimated to reach $5.5 billion by 2025, growing at a CAGR of 14.2%. The terrestrial trunked radio is a professional mobile radio consist of a two way transceiver specification. The terrestrial trunked radio uses point-to-multipoint and point-to-point at low data rate. It is used by government agencies, public safety networks and others as it pr4ovides secure and highly scalable safety against external manipulations. Authentication and encryption, built-in bluetooth and GPS, multiorganizational interoperability and others are some of the benefits offered by the TETRA. Technological advancements, high cost of development and maintenance of communication equipment along with surging demand for secured communication and public safety are driving the growth of the market.
Terrestrial Trunked Radio Market Segment Analysis – By mode of Operation
By Mode of Operation the market is segmented into Trunked mode of Opration and Direct Mode of Operation. Direct mode of operation is witnessing a significant growth of the market owing to the several benefits offereed by this mode of operation such as enhnced network coverage, air interface encryption and others. The direct mode of opeartion ensures that there is no need of global network to maintain the conversation although the users are within the coverage area of the network. In addition, the DMO allows two units simultaneously to continue exchanging information due to which it is used in work situations, accidents or exceptional circumstaces. The DMO users can maintain contact with the TMO users through gateways. The DMO provides services to others that are outside the network through mini base stations. These factors have driven the growth of the market.
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Terrestrial Trunked Radio Market Segment Analysis – By Device Type
By Device type the market is segmented into Portable and Vehicular. Portable TETRA approved equipment is anticipated to be the fastest growing in the market as they provide features for instance bluetooth connectivity, emergency calls and others. Portable TETRA equipment are deployed in the worlds largest networks as they are robust, haedwearing, and provide clear voice and data communication. Theseare easy to carry and can be used to carry even in the harsh environmental conditions as these are resistant to dust. These factors are fueling the growth of the market.
Terrestrial Trunked Radio Market Segment Analysis – By Geography
By Geography the Terrestrial Trunked Market is dominated by APAC with a market share of 36.2% in 2019. Presence of major industrial sectors accompanied with the advancement in technologies, growth of infrastructural activities and advancement in communication have driven the market in this region. Increased demand for higher bandwidth, increased expenditure by governments for improved communication in China is driving the growth of the market in this area. According to department of telecommunications, as of September, 2019 the broadband penetration in India stood at 625.42 million, an increase of over 100% since the introduction of the first 4G networks in the country in 2015. During the same period, the data usage is now nearly 10 GB per subscriber per month. The quantum jump in broadband subscribers has catapulted India to be the largest consumer of mobile data in the world, overtaking USA and China in peak consumption. While the significant coverage of 4G is now a reality, there is still room to grow, and strengthen the underlying infrastructure. It is also important that such universal access to broadband is affordable and of high quality. These factors have driven the growth of the market.
Terrestrial Trunked Radio Market Drivers
Growth of the advance communication in the Industrial sectors:
Surge in the communication between the users in the industrial sectors have driven the growth of the market. The presence of the military airports and the procurement of fighter jets by the army are witnessing a significant growth in the market. Owing to the wide use of TETRA devices in the military bases and fighter jets for communication purposes the demand is growing. In civil and military aeronautics Spain is ranked as one of the leading five European players. Furthermore, it actively participates in the main European aeronautic initiatives due to which there is a requirement of enhanced communication devices due to which the TETRA communication equipment are finding their applications. These factors are driving the growth of the market.
The advancement of technology have driven the growth of the market. Advancing broadband technologies, such as 3G, 4G and 5G, offers an incentive for the successful user sector of TETRA devices to guarantee better penetration and reliable data. The continuous investments from operators in LTE infrastructure and prevalence of internet owing to the growth of mobile data traffic due to the popularity of social networks which has contributed the growth of transportation and Logistics are the main factors driving the growth of the market. The imports and exports in a global level are increasing the usage of cargo containers through the air transportation. Owing to this TETRA devices are widely used in transportation. In the modern aircrafts advanced communication techniques are widely adopted. All these ease of communication are possible due the advancement in technology. These factors have driven the market growth.
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Terrestrial Trunked Radio Market Challenges
Cost related Challenges:
Although TETRA technology is used for communications, but expensive hardware is required for linear modulation. The present demand for supply of terrestrial trunked radio solutions are less as this technology requires extensive testing. Moreover, the sites require high initial investment along with fixed cost of maintenance. These factors are hindering the growth of the market.
Terrestrial Trunked Radio Market Landscape
Terrestrial Trunked Radio Market is dominated by major companies such as JvcKenwood Corporation, Tait Communications, Motorola Solutions, Inc., Codan Radio Communications, DAMM Cellular Systems A/S, Hytera Communications Corporation Ltd., Harris Corporation, Simoco Group, Sepura PLC., Raytheon Company among others.
November, 2020- Motorola Solutions, Inc. launched next generation TETRA device named “MXP600”. This device is light weighted and highly rugged and can be used in mission critical voice communications. This product is also used in public safety purposes.
The surge in use of advance voice communication devices in Defense, Military, Utilities, Public Safety and others along with the technological advancements are driving the growth of the market.
Portable TETRA devices are witnessing a significant growth in the market owing to the it’s several features such as lightweight, easy of voice communications and others.
APAC is witnessing a significant growth of the market owing to the presence of the major industrial sectors and growth of technologies.
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