Radio modem is a device that is used to wirelessly transfer data over tens of kilometers. It is capable of transmitting, encoding, and decoding serial data over radio waves. It allows the user to connect directly to the wireless network, allowing direct internet connectivity and allowing the user to be independent of satellite network operators. It is the most recent method of constructing private radio networks (PRN), which is widely used in real-time data communication systems, industrial applications, and other areas. Unlike wired data transfer, faster transmission through a radio modem using radio waves is possible. Radio modems are used in a variety of applications in the logistics and transportation sectors, including automatic vehicle location (AVL), telemetry, supervisory control and data acquisition (SCADA), and remote data acquisition. All such factors are lucrative for the growth of radio modem market size globally.
The radio modem market size is segmented on the basis of frequency band, communication channel, operating range, application, and region. On the basis of frequency band, it is classified into License-free Frequency, VHF, UHF, Wi-Fi. On the basis of communication channel, it is divided into point to multi-point and point to point. On the basis of operating range, it is categorized into short range and long range. On the basis of application, it is classified into vehicle to infrastructure, vehicle to vehicle, emergency management, traffic management systems, electronic fee collection, communication systems, and others. On the basis of region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
COVID-19 impact analysi
The ongoing COVID-19 crisis has already taken its toll on a wide number of industries, including the radio modem market size. The predicted growth of the market in the current COVID-19 condition is expected to drop as the pandemic restricts the supply of manufacturing components due to major disruptions in enterprises and the global economy. Several businesses have suffered massive revenue losses as a result of the outbreak due to a lack of raw supplies and personnel. The COVID-19 pandemic forced the closure or partial closure of manufacturing industries, and thus negatively impacting the radio modem market. This pandemic has slowed the growth of several sectors, including communication systems and others in which RF power dividers are widely used.
Top impacting factors
The increasing use of radio modems in agriculture as a result of drones equipped with radio modems has several applications in agriculture and surveying. Furthermore, the growing infrastructure in the communication system facilitates the demand for wireless data radio modems. The growing demand for telemetry and SCADA applications also contributes to the radio modem market opportunity. The global market is expected to gain significant traction due to two critical factors, privately-owned networks and lower infrastructure requirements. The market may gain traction as a result of the growing popularity of intelligent transportation systems (ITS) that are smaller in size and more cost-effective. Such systems necessitate communication in order to improve their processes. Radio modem industry are expected to be in high demand in the coming years as technology advances. Furthermore, the wireless nature of these products may make them even more popular in the near future. However, the availability of substitutes such as LoRa, Sigfox, and others as well as the high cost of investment are stifling market growth and can be considered as the restraining factors of the market. The global radio modem market may experience a slowdown in growth due to constraints such as high initial costs and radio waves' inability to transmit large amounts of data simultaneously. However, the widespread availability of various types of radio modems, such as those for satellites - SATEL-LP - and their critical applications in emergency response, is expected to generate growth in the radio modem market forecast.
New product launches to flourish the market
Ericsson, a Swedish telecoms equipment maker, launched Radio 6626 on April 2021, a three-sector dual-band radio designed to help telcos increase their Frequency Division Duplex (FDD) 5G frequency capacity. The new addition to
Ericsson's radio portfolio will provide multi-standard and multi-band coverage as well as lower costs and smaller footprint. The three-sector dual-band Radio 6626 combines two frequencies and six ports in one unit, allowing a single radio to power all three sectors on the tower.
Surge in usage in video surveillance and mining sector
The use of wired connectivity for video cameras used in surveillance systems in large, geographically dispersed areas has limitations. It is expensive and difficult to keep up. This limitation is overcome by radio modems.
They send video surveillance data in the form of radio waves to a central surveillance unit, where it is received and decoded by another radio modem. It saves a lot of money on wiring and maintenance. Mining is possibly the largest industry that uses industrial radio modem communication. Radio modems are used in a variety of mining applications, including data communication between moving units and a centralized data center, automated ore processing, and water treatment. The cost and difficulty of maintaining wired data communication between offshore oil platforms and land-based control units can be prohibitively high. Radio modems are widely used in oil data acquisition systems. Sports are not far behind in their use of radio modem technology. Long-distance outdoor sports, such as marathons, cycle races, and car rallies, rely on radio modems to keep track of participants at critical points.
Key benefits of the report
• This study presents the analytical depiction of the radio modem market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the radio modem market share.
• The current market is quantitatively analyzed to highlight radio modem market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed radio modem market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the report
• What are the leading market players active in the radio modem market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future would help in taking further strategic steps?
Radio Modem Market Report Highlights
By Frequency Band
By Communication Channel
By Operating Range
Key Market Players
Autotalks Ltd, Satel Oy, Arada Systems, Inc, Kapsch TrafficCom AG, Adeunis RF, B&B Electronics Manufacturing Co., Schneider Electric SE, Cohda Wireless, Wood & Douglas Ltd., Campbell Scientific Inc, ATIM Radiocommunications