South America Two-Way Radio Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Digital and Analog), Signal Frequency (Very High Frequency (VHF) and Ultra-High Frequency (UHF)), and End-Use Industry (Government and Public Safety, Manufacturing, Utilities, Transportation and Logistics, Education, Hospitality, and Others)
The SAM two-way radio equipment market is expected to grow from US$ 339.38 million in 2021 to US$ 441.38 million by 2028; it is estimated to grow at a CAGR of 3.8% from 2021 to 2028.
Analog and digital two-way radios use a carrier frequency wave of very high frequency (VHF) or Ultra High frequency (UHF) to convey signals over a radio channel. Analog radios encode a spoken signal into a carrier wave using frequency modulation (FM). Digital radios do the same thing, but before the voice signal reaches the carrier wave, it goes through an extra encoding step where the message in encoded into binary packets for modulating the carrier wave frequency. With the rise in business opportunities across all industries, the need for reliable and real time communication is increasing. A few of the major benefits such as increased channel capacity, longer range coverage, better voice quality, longer battery life, GPS tracking, and trucking increase the adoption of digital two way communication equipment. The use of digital two-way radio system improves the performance and efficiency of the radio communications system and opens the door to a variety of integrated applications and solutions that can unify communications from end to end, transforming the way businesses work. The digital radio system also covers applications such as video and security, dispatch, and job tickets. The rising demand for digital two-way radio equipment is influencing the players to develop new products. For instance, Motorola Solutions announced the launch of MOTOTRBO R7 in January 2022. It is a digital two-way radio equipment with superior audio features and a small, rugged design for connecting teams in loud, harsh, and dynamic environments. All these factors are influencing the adoption of digital two-way radio equipment over analog systems, which drives the growth of the two-way radio equipment market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM two-way radio equipment market. The SAM two-way radio equipment market is expected to grow at a good CAGR during the forecast period.
SAM Two-Way Radio Equipment Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
SAM Two-Way Radio Equipment Market Segmentation
The SAM two-way radio equipment market is segmented based on product type, category, end user, distribution channel, and country. Based on type, the market is segmented into digital and analog. The analog segment dominated the market in 2020 and digital segment is expected to be fastest growing during forecast period. Based on signal frequency, the 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 ultra-high frequency (UHF) segment is expected to be fastest growing during forecast period. Based on end-use industry, the 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 transportation and logistics segment is expected to be fastest growing during forecast period. Based on country, the SAM two-way radio equipment market is segmented into Brazil, Argentina, and Rest of SAM. BK Technologies Inc; Hytera Communications Corporation Ltd; JVCKENWOOD Corporation; Motorola Solutions Inc.; Ritron Inc; Tait Communications; and Wintec Co., Ltd are among the leading companies in the SAM two-way radio equipment market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Two-Way Radio Equipment Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Two-Way Radio Equipment Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Digital Two-Way Radio over Analog Equipment
5.1.2 Increasing Demand for Two-Way Radio Equipment in Manufacturing Sector
5.2 Market Restraints
5.2.1 High Life Span
5.3 Market Opportunities
5.3.1 Growing Expenditure on Military & Defense Sector
5.4 Future Trends
5.4.1 Increasing Procurement of Two-Way Radio Equipment by Government Agencies
5.5 Impact Analysis of Drivers and Restraints
6. Two Way Radio Equipment Market – SAM Analysis
6.1 SAM Two-Way Radio Equipment Market
6.2 SAM Two-Way Radio Equipment Market Forecast and Analysis
7. SAM Two-Way Radio Equipment Market Analysis – By Type
7.1 Overview
7.2 SAM Two-Way Radio Equipment Market Breakdown, by Type, 2020 and 2028
7.3 Digital
7.3.1 Overview
7.3.2 Digital: Two-Way Radio Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.4 Analog
7.4.1 Overview
7.4.2 Analog: Two-Way Radio Equipment Market Revenue and Forecast to 2028 (US$ Million)
8. SAM Two-Way Radio Equipment Market Analysis – By Signal Frequency
8.1 Overview
8.2 SAM Two-Way Radio Equipment Market, by Signal Frequency (2020 and 2028)
8.3 Very High Frequency (VHF)
8.3.1 Overview
8.3.2 Very High Equipment (VHF): Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Ultra-High Frequency (UHF)
8.4.1 Overview
8.4.2 Ultra-High Frequency (UHF): Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Two-Way Radio Equipment Market Analysis – by End-Use Industry
9.1 Overview
9.2 SAM Two-Way Radio Equipment Market, by End-Use Industry (2020 and 2028)
9.3 Government and Public Safety
9.3.1 Overview
9.3.2 Government and Public Safety: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Manufacturing
9.4.1 Overview
9.4.2 Manufacturing: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Utilities
9.5.1 Overview
9.5.2 Utilities: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Transportation and Logistics
9.6.1 Overview
9.6.2 Transportation and Logistics: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Education
9.7.1 Overview
9.7.2 Education: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Hospitality
9.8.1 Overview
9.8.2 Hospitality: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
10. SAM Two-Way Radio Equipment Market – Country Analysis
10.1 Overview
10.1.1 SAM: Two-Way Radio Equipment Market, by Key Country
10.1.1.1 Brazil: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Two-Way Radio Equipment Market, by Type
10.1.1.1.2 Brazil: Two-Way Radio Equipment Market, by Signal Frequency
10.1.1.1.3 Brazil: Two-Way Radio Equipment Market, by End-Use Industry
10.1.1.2 Argentina: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Two-Way Radio Equipment Market, by Type
10.1.1.2.2 Argentina: Two-Way Radio Equipment Market, by Signal Frequency
10.1.1.2.3 Argentina: Two-Way Radio Equipment Market, by End-Use Industry
10.1.1.3 Rest of SAM: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM: Two-Way Radio Equipment Market, by Type
10.1.1.3.2 Rest of SAM: Two-Way Radio Equipment Market, by Signal Frequency
10.1.1.3.3 Rest of SAM: Two-Way Radio Equipment Market, by End-Use Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 BK Technologies Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Hytera Communications Corporation Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Motorola Solutions Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Tait Communications
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Wintec Co., Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 JVCKENWOOD Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Ritron Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. SAM Two-Way Radio Equipment Market Revenue and Forecasts to 2028 (US$ Mn)
Table 2. Brazil: Two-Way Radio Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Two-Way Radio Equipment Market, by Signal Frequency – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Two-Way Radio Equipment Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: Two-Way Radio Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Two-Way Radio Equipment Market, by Signal Frequency – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: Two-Way Radio Equipment Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Two-Way Radio Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM: Two-Way Radio Equipment Market, by Signal Frequency – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: Two-Way Radio Equipment Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. Glossary of Terms
LIST OF FIGURES
Figure 1. SAM Two-Way Radio Equipment Market Segmentation
Figure 2. SAM Two-Way Radio Equipment Market Segmentation – By Country
Figure 3. SAM Two-Way Radio Equipment Market Overview
Figure 4. SAM Two-Way Radio Equipment Market, by Type
Figure 5. SAM Two-Way Radio Equipment Market, by Country
Figure 6. SAM – PEST Analysis
Figure 7. Expert Opinion
Figure 8. SAM Two-Way Radio Equipment Market: Impact Analysis of Drivers and Restraints
Figure 9. SAM Two-Way Radio Equipment Market Forecast and Analysis, (US$ Mn)
Figure 10. SAM Two-Way Radio Equipment Market Revenue Share, by Type (2020 and 2028)
Figure 11. SAM Digital: Two-Way Radio Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM Analog: Two-Way Radio Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM Two-Way Radio Equipment Market Revenue Share, by Signal Frequency (2020 and 2028)
Figure 14. SAM Very High Equipment (VHF): Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Ultra-High Frequency (UHF): Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Two-Way Radio Equipment Market Revenue Share, by End-Use Industry (2020 and 2028)
Figure 17. SAM Government and Public Safety: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Manufacturing: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. SAM Utilities: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Transportation and Logistics: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Education: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Hospitality: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. SAM Others: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM: Two-Way Radio Equipment Market, by Key Country – Revenue (2020) (US$ Million)
Figure 25. SAM: Two-Way Radio Equipment Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. Brazil: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Argentina: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of SAM: Two-Way Radio Equipment Market – Revenue and Forecast to 2028 (US$ Million)
- BK Technologies Inc
- Hytera Communications Corporation Ltd
- JVCKENWOOD Corporation
- Motorola Solutions Inc.
- Ritron Inc
- Tait Communications
- Wintec Co., Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM two-way radio equipment market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM two-way radio equipment market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the two-way radio equipment market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution