North America Two-Way Radio Equipment Market

The North America two-way radio equipment market is expected to grow from US$ 3,105.07 million in 2021 to US$ 4,741.63 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.

Analog and digital two-way radios use carrier frequency waves of very high frequency (VHF) or ultrahigh frequency (UHF) to convey signals over a radio channel. Analog radio systems encode spoken signals into a carrier wave using frequency modulation (FM). Digital radio systems perform the same function, but before the voice signal reaches the carrier wave, it goes through an extra encoding step where the message is encoded into binary packets for modulating the carrier wave frequency. The need for reliable and real-time communication is increasing with a rise in business opportunities across all industries. Increased channel capacity, longer range coverage, better voice quality, longer battery life, GPS tracking, and trucking are the major benefits that propel the adoption of digital two-way communication equipment. The use of digital two-way radio systems improves the performance and efficiency of the radio communications devices, and opens the door to various integrated applications and solutions that can unify communications from end to end, transforming business operations. Digital radio systems also serve applications such as video and security, dispatch, and job tickets. In January 2022, Motorola Solutions announced MOTOTRBO R7, a digital two-way radio equipment with superior audio features, and small and rugged design, for connecting teams in loud, harsh, and dynamic environments. The increasing availability of such effective digital two-way radio equipment is contributing to the growth of the North America two-way radio equipment market.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America two-way radio equipment market at a notable CAGR during the forecast period.

North America Two-Way Radio Equipment Market Revenue and Forecast to 2028 (US$ Million)

 

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North America Two-Way Radio Equipment Strategic Insights

Strategic insights for the North America Two-Way Radio Equipment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Two-Way Radio Equipment Report Scope

North America Two-Way Radio Equipment Regional Insights

The geographic scope of the North America Two-Way Radio Equipment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

North America Two-Way Radio Equipment Market Segmentation        

The North America two-way radio equipment market is segmented on the basis of type, signal frequency, end-use industry, and country. Based on type, the market is segmented into digital and analog. The analog segment dominated the market in 2020, and the digital segment is expected register a higher CAGR during forecast period. Based on signal frequency, the North America two-way radio equipment market is segmented into very high frequency (VHF) and ultra-high frequency (UHF). The very high frequency (VHF) segment dominated the market in 2020, and the ultra-high frequency (UHF) segment is expected to record a higher CAGR during the forecast period. Based on end-use industry, the North America two-way radio equipment market is segmented into government and public safety, manufacturing, utilities, transportation and logistics, education, hospitality, and others. The government & public safety segment dominated the market in 2020, and the transportation and logistics segment is expected to register the highest CAGR in the market during the forecast period. Based on country, the North America two-way radio equipment market is segmented into the US, Canada, and Mexico.

BK Technologies Inc; Hytera Communications Corporation Ltd; Icom America Inc.; JVCKENWOOD Corporation; Midland Radio Corporation; Motorola Solutions Inc.; Ritron Inc; Tait Communications; Uniden America Corporation; and Wintec Co., Ltd are among the leading companies in the North America two-way radio equipment market.