Terrestrial Trunked Radio (TETRA) System Market Emerging Trend, Advancement, Growth and Business Opportunities 2023-2031

The global terrestrial trunked radio (TETRA) System market size was US$ 2.46 billion in 2021. The global terrestrial trunked radio (TETRA) System market size is forecast to reach US$ 8.60 billion by 2030, growing at a compound annual growth rate (CAGR) of 15.27% during the forecast period from 2022 to 2030.

Terrestrial trunked radio (TETRA) is a communication system developed by the European Telecommunication Standards Institute (ETSI) to meet the needs of professional mobile radio (PMR), walkie-talkies, and public access mobile radio (PAMR).

The TETRA standard had developed specifically to meet the needs of a number of traditional PMR users, including public safety, transportation, utilities, government, military, PAMR, commercial, and oil & gas companies. The standard offers many features for safety and emergency use. The platform's scalability allows its deployment in networks ranging from single-site local coverage to multiple-site wide area coverage.

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Factors Influencing Market GrowthThe terrestrial trunked radio (TETRA) system market size is forecast to grow significantly during the forecast period due to technological advancements, technological advancements in industrial sectors, and the increase in mission-critical communications.

Public safety applications are driving the market growth of the terrestrial trunked radio (TETRA) system due to the requirement for efficient critical communications.

The high cost of investment and maintenance severely limit market growth globally.

Mobile radio's use in the transportation industry should lead to opportunities for the TETRA industry as mobile radio usage grows.

Impact Analysis of COVID-19

A number of electronics manufacturing hubs closed temporarily to minimize the spread of COVID-19.

There is a shortage of materials, components, and finished goods, which has adversely affected the supply chain of the terrestrial trunked radio system market.

The lack of business continuity negatively impacted revenue and shareholder returns, resulting in further financial disruptions. An abrupt decline in infrastructure development and installation projects hampered the market for terrestrial trunked radio systems (TETRA). Thus, these factors have negatively impacted global market growth.

Regional Insights

Asia-Pacific region is forecast to register the highest CAGR during the forecast period. Due to the growing demand for public safety and developed IT infrastructure. Soaring adoption of these devices by sectors such as utilities is further driving the regional market. In the RoW region, the burgeoning use of TETRA-approved equipment by the public safety & government sectors is propelling the regional market.

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Leading Competitors

The leading prominent companies profiled in the global terrestrial trunked radio (TETRA) system market are:

SEPURA PLC
HYTERA Communications Corporation Limited
ROLTA India Limited
BITEA Limited
ROHILL Engineering B.V.
Airbus Defense and Space OY
Motorola Solutions, Inc.
JVCKENWOOD Corporation
SIMOCO Group
DAMM Cellular Systems A/S
Other Prominent Players

Scope of the Report

The global terrestrial trunked radio (TETRA) system market segmentation focuses on Component, Device, Modes of Operation, End-User, and Region.

Segmentation based on Component

Hardware
Software

Segmentation based on Device

Portable
Vehicular

Segmentation based on Modes of Operation

Trunked Mode Operation (TMO)
Direct Mode Operation (DMO)

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Segmentation based on End-User

Military & Defense
Transportation
Utilities
Industrial
Government & Public Safety
Commercial
Others

Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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