Test and Measurement Equipment for LMR Market Size, Share Global Analysis Report, 2018 – 2027

Name: Test and Measurement Equipment for LMR Market By Equipment Type (Spectrum Analyzer, Digital Protocol Test Sets, Watt Meters, and Fiber Optic), By Frequency (9kHz to 100kHz, 100 kHz to 500 kHz, and 500 kHz & Above), and By Industry Vertical (Military & Government, Commercial, Marine, Transportation & Railroad, and Construction & Mining): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2027
Creator: Facts and Factors
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Press Release

Global Test and Measurement Equipment for LMR Market Revenue Estimated Around USD 2,022 Million By 2027

Test and Measurement Equipment for LMR Market By Equipment Type (Spectrum Analyzer, Digital Protocol Test Sets, Watt Meters, and Fiber Optic), By Frequency (9kHz to 100kHz, 100 kHz to 500 kHz, and 500 kHz & Above), and By Industry Vertical (Military & Government, Commercial, Marine, Transportation & Railroad, and Construction & Mining): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2027

Industry Insights

The report covers the forecast and analysis of the Test and Measurement Equipment for LMR market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the Test and Measurement Equipment for LMR market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Test and Measurement Equipment for LMR market on a global level.

Global Test and Measurement Equipment for LMR Market Size

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In order to give the users of this report a comprehensive view of the Test and Measurement Equipment for LMR market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new products & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

Report Scope

Report Attributes	Details
Market Size in 2018	USD 1,472 Million
Projected Market Size in 2027	USD 2,022 Million
Growth Rate	CAGR 3.6%
Base Year	2017
Forecast Years	2018 – 2027
Key Market Players	Anritsu, Boonton, Cobham plc, HUTTON, Allegiant Technology, Keysight Technologies, Bird Technologies, Talley Inc., TESSCO Technologies Inc., Pericle Communications Company, Rohde & Schwarz, Tektronix, Db Spectra, and HP.
Key Segment	By Equipment Type, By Frequency, By Industry Vertical, By Regional
Major Regions Covered	North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
Purchase Options	Request customized purchase options to meet your research needs. Explore purchase options

The study provides a decisive view of the Test and Measurement Equipment for LMR market by segmenting the market based on equipment type, frequency, industry vertical, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The escalating requirement of faultless interoperable communication technologies for key operations is set to leverage the demand for land mobile radios globally. Moreover, digital land mobile radio systems exhibit excellent spectral efficacy, elongated battery life, improved calling features, and transition ease. This has enhanced the acceptance of digital LMR across myriad verticals. Apart from this, these devices are needed to be tested for their operational efficiency & precision. All these factors are expected to drive the growth of the market over the forecast timeline.

Based on the equipment type, the industry is divided into Spectrum Analyzer, Digital Protocol Test Sets, Watt Meters, and Fiber Optic. On the basis of frequency, the market is classified into 9kHz to 100kHz, 100 kHz to 500 kHz, and 500 kHz & Above. In terms of industry vertical, the market is segmented into Military & Government, Commercial, Marine, Transportation & Railroad, and Construction & Mining.

Some of the major players in the business include

Anritsu
Boonton
Cobham plc
HUTTON
Allegiant Technology
Keysight Technologies
Bird Technologies
Talley Inc.
TESSCO Technologies Inc.
Pericle Communications Company
Rohde & Schwarz
Tektronix
Db Spectra
HP

Industry Major Market Players

Anritsu
Boonton
Cobham plc
HUTTON
Allegiant Technology
Keysight Technologies
Bird Technologies
Talley Inc.
TESSCO Technologies Inc.
Pericle Communications Company
Rohde & Schwarz
Tektronix
Db Spectra
HP

Frequently Asked Questions

What is Test and Measurement Equipment for LMR market?

Test and Measurement Equipment is broadly utilized in a spectrum of domains. Business verticals such as electronics, research labs, material analysis, manufacturing, and particle analysis all make utilization of test and measurement devices. The land mobile radio system is one of the major systems that make usage of the test and measuring equipment. Moreover, land mobile radio systems also referred to as LMRS find extensive applications across the public safety firms and hence exactness & precision of these instruments is vital. Apparently, the rise in the acceptance of T&M solutions by end-use sectors such as electronics & telecommunication service providers coupled with technological breakthroughs across the communication sector is predicted to increase the use of these devices.

Which key factors will influence Test and Measurement Equipment for LMR market growth over 2018-2027?

One of the major causes for the growth of the global Test and Measurement Equipment for LMR market is Strict enforcement of laws by government authorities mandating Test and Measurement Equipment for LMR Market.

What will be the value of the Test and Measurement Equipment for LMR market during 2018-2027?

According to the report, the global Test and Measurement Equipment for LMR market is predicted to be valued at approximately USD 1,472 million in 2018 and is expected to reach a value of around USD 2,022 million by 2027.

What will be the CAGR value of the Test and Measurement Equipment for LMR market during 2018-2027?

The CAGR value of Test and Measurement Equipment for LMR market is expected to be around 3.6% during 2018-2027.

Which region will contribute notably towards the Test and Measurement Equipment for LMR market value?

The expansion of the market in North America during the period from 2019 to 2027 is owing to stringent legislations put in practice by the defense sector across countries like the U.S. in order to preserve data confidentiality. Additionally, huge investments in the defense sector- the highest end-user of land mobile radios- will further boost the regional market surge.

Which are the major players leveraging the Test and Measurement Equipment for LMR market growth?

The global Test and Measurement Equipment for LMR market is led by players like Anritsu, Boonton, Cobham plc, HUTTON, Allegiant Technology, Keysight Technologies, Bird Technologies, Talley Inc., TESSCO Technologies Inc., Pericle Communications Company, Rohde & Schwarz, Tektronix, Db Spectra, HP and others.