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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.
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.
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, and HP.
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