Region:North America
Author(s):Rakib Das
Product Code:KROD204
The recent years have seen many developments in the US Two-Way Radio Market, enabling the states to be connected with long range radios for public safety, business coordination, military conduct and personal use. The readily evolving infrastructure is heavily making an impact on the development of the market, with advanced hardware and highly encrypted software, the US two-way market is performing with a high accuracy level, maintaining a upward trajectory in growth and making sure to meet user’s needs in securing seamless and secure audio transmission.
The United States is heavily maneuvering the two-way radio market, with vast technological advancements being put inside the limited spaced radio, to turn them into better performing, providing lowered latency, and high and long-distance coverage, which will lead to a shift in these radio for communication outside the private space. As these radios are evolved, they are powered with high voltaic-cell batteries, which would allow them to be used even when there is a major power outage. With the regions heavily influenced in construction, major border patrolling by the military, regulations regarding public safety and general uses. This leads to a heavy usage on this particular communication device leading to a shift from network derived smartphones to a short and long wave radios.
The US Two-Way Radio Market is heavily supported by major players that are circulating their upgradation methodologies, fueling with hardware and software engineers, driving with many technological and algorithmic upgradation that would lead to greater coverage and increase in efficiency. Some leading companies like Motorola Solutions, Kenwood Communications, Icom America, Hytera Communications, Vertex Standard, BK Technologies, L3Harris Technologies, Tait Communications, JVCKENWOOD USA Corporation, Midland Radio Corporation, Ritron, Inc., Codan Radio Communications, Talley Communications, Power Trunk etc. are driving the current US Two-Way Radio Market with improved quality and efficiency.
By Type of Device: The US Two-Way radio market is segmented by the type of devices being used, namely analogue and digital based. The analogue may have been used for long and are suitable for industry like sectors were shifting to digital might not be cost-efficient, the digital two-way radios offer more than above advantages over the analogs, providing clearer voice and higher noise cancellation, lowered latency reducing the statics and higher coverage, spanning from meters to miles, helping in a broad way.
By Type of End-User: The two-way radio market is heavily segmented on its usage by the users. Highly being used by the Business type of use such as for public safety, utilities, Government sectors and industrial sectors. This segment is heavily dominating as it includes federal, state and local government agencies as well as police departments, fire departments, emergency medical services (EMS) etc. heavily propelling the proper transmission and taking care of the after-process. It is also highly being used in utilities like supplying the essential needs to houses and industrial uses where communication is needed in every part.
By Regional Split: The two-way radio market is heavily organized in the North, West, East and South. The most heavily working area for this market is the Northeastern region, with regions like New York, Pennsylvania, New Jersey, Massachusetts, and others, are dominatingly providing evolving solutions and regardless of the other regions continuing to strive for perfection in every aspect. They mostly tend their heeds to Urban and suburban businesses, financial services, Healthcare institutions, educational institutions, Government Agencies and Public safety organizations.
The United States of America is heavily propelled by major companies like Motorola Solutions, Kenwood Communications, Icom America, Hytera Communications etc. which are always making improvements in both hardware and software parts, ensuring that there are zero complications and striving to make an ideal radio communication. With the advent of newer technologies and advancements towards total 5G conversion, the two-way radios are being made so that even in low accuracy areas like higher mountains or valleys, where connection can be off due to several reasons, the advanced radios are being used without any loss in transmission. The competitive scale of the players is becoming the reasons for the overall market growth, owing to focus on the public safety (police departments, fire departments and medical departments), government (government ventures) and industrial sectors, where the usage of these radios are more than commercial smartphones.
US Two-Way Radio Market is showing considerable growth over the years, moving forward with an expected CAGR of ~7% within a time period of 2022 to 2028. This rise is in the wake of digitization globally, which is pushing this market to rise up to the newer challenges.
US Two-Way Radio Market Segmentation |
|
By Type of Devices |
Analog Digital |
By Type of End-User |
Business Use (Government, Public safety, Utilities) Private Use |
By Regional Shift |
North East West South |
2.1 Taxonomy of the US Two-Way Radio Market
2.2 US Two-Way Radio Industry Value Chain
2.3 Ecosystem of US Two-Way Radio Market
2.4 Government Regulations/Initiatives for the US Two-Way Radio Market
2.5 Growth Drivers of the US Two-Way Radio Market
2.6 Issues and Challenges of the US Two-Way Radio Market
2.7 Impact of COVID-19 on the US Two-Way Radio Market
2.8 SWOT Analysis
4.1 By Type of Device, 2017 – 2022
4.2 By End-User Type, 2017 – 2022
4.3 By Regional Shift (North, South, East, West), 2017-2022
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players
5.3 Company Profiles – (Top 7 Major Players)
5.3.1 Motorola Solutions Inc.
5.3.2 Kenwood Communications
5.3.3 Icom America
5.3.4 Hytera Communications
5.3.5 Vertex Standard
5.3.6 BK Technologies
5.3.7 L3Harris Technologies
7.1 By Type of Device, 2022 - 2028
7.2 By End-User Type, 2022 – 2028
7.3 By Regional Shift (North, South, East, West), 2022-2028
Strict regulatory control creation for all the major entities and referring to multiple secondary and relevant databases to perform desk research around market to assemble industry level information.
Gathering statistics on two-ways radio over the years, penetration of marketplaces and service provider’s ratio to compute revenue generated for radio communication services. Reviewing of service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Our team has approached multiple radio-developing companies and warehousing services providing channels and understood nature of product segments and sales, consumer preference and other parameters, which supported us validate statistics derived through bottom to top approach from onboarding and screening providers.
The market grew at a cagr of 4% till 2022 in terms of revenue.
Motorola Solutions, Kenwood, Communications, Icom America, Hytera Communications and Vertex Standard.
The growth of the US two-way radio market is propelled by ongoing technological advancements, including digital integration and enhanced features, make two-way radios more reliable, while their essential role in emergency services and disaster management sustains market growth.
The two-way radio market is heavily segmented on its usage by the users. Highly being used by the Business type of use such as for public safety, utilities, Government sectors and industrial sectors.
By Regional Split, the two-way radio market is heavily organized in the North, West, East and South. The most heavily working area for this market is the Northeastern region, with regions like New York, Pennsylvania, New Jersey, Massachusetts, and others, are dominatingly providing evolving solutions and regardless of the other regions continuing to strive for perfection in every aspect.
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