Global Terrestrial Trunked Radio (TETRA) Market to reach USD XX million by 2027.Global Terrestrial Trunked Radio (TETRA) Market is valued approximately at USD XX Million in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Terrestrial Trunked Radio (TETRA) is a digital trunked mobile radio standard developed to meet the needs of traditional Professional Mobile Radio (PMR) user organizations such as, public safety, transportation, utilities, government, military and others. Surging use of advanced voice communication devices in defense and military, growing use of portable TETRA devices owing to being lightweight, easy to carry and other features and new product launches by market players to cater the growing demand are the factors fueling demand in the market. Such as, in November 2020, Motorola Solutions, Inc. launched TETRA device named ???MXP600???. This light weight and highly rugged device can be used in mission critical voice communications. Furthermore, technological advancements and granting of approval for TETRA services are the factors expected to fuel growth in the market during forecast period. In 2019, Damm Australia obtained approval for VHF TETRA frequencies in Australia and can now offer users an additional band of spectrum. However, high cost of maintenance and development coupled with stringent requirements to obtain TETRA license are poised to hamper growth.

Europe is leading the world market in terms of revenue among Asia Pacific, North America, Europe, Latin America, and Rest of the World, owing to various projects launched by government to encourage use of TETRA-approved equipment. Whereas, Asia Pacific is expected to exhibit significant growth rate during forecast period, due to increasing focus on critical communication operations and research and development activities taking place in the region.
Major market player included in this report are:

Rolta India Limited
JVC Kenwood Corporation
Thales Group
BiTEA Limited
DAMM Cellular Systems A/S
Airbus Defence and Space OY
Simoco Group
Rohill Engineering B.V.
Sepura PLC.
Motorola Solutions, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Modes Of Operation:
Trunked Mode Operation (TMO)
Direct Mode Operation (DMO)
By Component:
Hardware
Software
By Device:
Portable
Vehicular
By Application:
Transportation & Logistics
Public Safety & Government
Utilities
Defense
Commercial & Industry
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Terrestrial Trunked Radio (TETRA) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors