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2022

Terrestrial Trunked Radio (TETRA) System Market

Terrestrial Trunked Radio (TETRA) System Market Size, Share, Competitive Landscape and Trend Analysis Report by Component, Modes of Operation and Device and End User : Global Opportunity Analysis and Industry Forecast, 2021-2030

SE : Electronic Systems and Devices

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Author's: Avinash Savekar | Sonia Mutreja
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The global terrestrial trunked radio (TETRA) system market size is expected to reach $8.57 billion by 2030 from $2.14 billion in 2020, growing at a CAGR of 15.24% from 2021 to 2030.  

Terrestrial trunked radio (TETRA) system is a communication standard established by the European Telecommunications Standards Institute (ETSI) to meet the needs of professional mobile radio (PMR), walkie-talkies, and public access mobile radio (PAMR). The TETRA standard has been specifically developed to meet the needs of a variety of traditional PMR user organizations such as public safety, transportation, utilities, government, military, PAMR, commercial, as well as oil & gas industry. It has many features for safety and emergency use. Its scalable architecture allows deployment in networks ranging from single-site local area to multiple-site wide area national coverage. 

Global-Terrestrial-Trunked-Radio-(TETRA)-System-Market

TETRA provides an open standard technology. It features a dedicated control post to monitor communication along the line. TETRA network allows users to create dedicated workgroups and dynamic groups, which are managed by the control post in case of any event or crisis situation. Equipment redundancy and radio coverage redundancy in the TETRA network ensures system availability while communicating with all stations and tunnels and links them with the command post.  

The global terrestrial trunked radio (TETRA) system market size is anticipated to witness significant growth during the forecast period. Factors such as growth of advance communication in the industrial sectors, technological advancements, and increase in demand for mission critical communication. The rise in requirement for efficient critical communication in public safety applications is driving the market growth for terrestrial trunked radio (TETRA) system. Terrestrial trunked radio technology offers outstanding features to mobile communication, by combining features of mobile cellular phones with fast data communication and workgroup capabilities of PMR. Several TETRA manufacturers offer installation and maintenance networks and services for end-user applications. These factors drive the market growth for terrestrial trunked radio (TETRA) system.    

However, high investment and maintenance cost is a major restraint to the global market growth. In addition, growth in use of mobile radio in transportation industry is expected to create opportunities for the terrestrial trunked radio (TETRA) system industry. The application of mobile radio in transportation covers land, air, and sea transport security. In air transport, information about arrival and departure of flights are conveyed and interoperated by security personnel via land mobile radios (LMRs). Modern transport systems, such as highways, public transport, and port and airport facilities have provided the society with numerous advantages in terms of increased travel opportunities and greater choice.      

The global terrestrial trunked radio (TETRA) system market share is segmented on the basis of component, modes of operation, device, end user, and region. By component, the market is bifurcated into hardware and software. By modes of operation, it is divided into trunked mode operation (TMO) and direct mode operation (DMO). By device, it is fragmented into portable and vehicular. Depending on end user, it is divided into industrial, transportation, utilities, military & defense, government & public safety, commercial, and others. 

Region-wise, the terrestrial trunked radio (TETRA) system market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is dominating the market, owing to high adoption of TETRA technologies in the government and public & safety, and transformation industry. 

Terrestrial Trunked Radio (TETRA) System Market
By Component
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Hardware segment is projected as one of the most lucrative segments.

Top Impacting Factors

The global terrestrial trunked radio (TETRA) system market share is anticipated to witness significant growth during the forecast period. Factors such as growth of advance communication in the industrial sectors, technological advancements, and increase in demand for mission critical communication drive the terrestrial trunked radio (TETRA) system market growth. However, high investments and maintenance cost are major restraints in the global market growth. In addition, growing use of mobile radio in the transportation industry is expected to create opportunities for the market. Therefore, these factors are expected to definitely affect global terrestrial trunked radio (TETRA) system industry during the forecast period.  

Competition Analysis

Competitive analysis and profiles of the major terrestrial trunked radio (TETRA) system market players, such as 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, and DAMM Cellular Systems A/S, are focusing their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.   

Terrestrial Trunked Radio (TETRA) System Market
By End User
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Commercial segment is expected to secure leading position during forecast period.

Covid-19 Impact Analysis

COVID-19 has impacted both consumers and the economy. Electronics manufacturing hubs have been temporarily shut down to limit the COVID-19 spread among individuals. This has majorly affected the supply chain of the terrestrial trunked radio (TETRA) system market by creating shortage of materials, components, and finished goods. Lack of business continuity has ensured significant negative impact on revenue and shareholder returns, which further result in financial disruptions in the market.

In addition, sudden decline in infrastructure development and installation projects is expected to hamper the terrestrial trunked radio (TETRA) system market. However, the demand for terrestrial trunked radio (TETRA) system has increased during the pandemic. For instance, in May 2020, HYTERA Corp. informed that doctors are using hand-held mobile radio to make remote diagnoses by opting for a radio solution to reduce the risk of infection and maintain social distancing guidelines. Ambulance paramedics are using bodycams to stream live video from ambulances back to hospitals to provide real-time monitoring of the situation.  

Terrestrial Trunked Radio (TETRA) System Market
By Region
2030
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific region would exhibit the highest CAGR of 18.50% during 2021-2030

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global terrestrial trunked radio (TETRA) system market outlook along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall terrestrial trunked radio (TETRA) system market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and terrestrial trunked radio (TETRA) system market opportunities with a detailed impact analysis.   
  • The current terrestrial trunked radio (TETRA) system market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.  
  • Porter’s five forces analysis illustrates the potency of the buyers and the terrestrial trunked radio (TETRA) system market share of key vendors.   
  • The report includes the market trends and the revenue share of key vendors.

Terrestrial Trunked Radio (TETRA) System Market Report Highlights

Aspects Details
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By COMPONENT
  • Hardware
  • Software
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By MODES OF OPERATION
  • Trunked mode operation (TMO)
  • Direct mode operation (DMO)
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By DEVICE
  • Portable
  • Vehicular
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By END USER
  • Military and defense
  • Transportation
  • Utilities
  • Industrial
  • Government and public safety
  • Commercial
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

SEPURA PLC, BITEA LIMITED, HYTERA COMMUNICATIONS CORPORATION LIMITED, AIRBUS DEFENCE AND SPACE OY, SIMOCO GROUP, ROLTA INDIA LIMITED, ROHILL ENGINEERING B.V., DAMM CELLULAR SYSTEMS A/S, MOTOROLA SOLUTIONS INC., JVC KENWOOD CORPORATION

Analyst Review

According to insights of CXOs of leading companies, the terrestrial trunked radio (TETRA) system market holds high potential in public safety, oil & gas, transport and logistics, and utilities sectors. The current business scenario has experienced rapid development in TETRA technology. Factors such as growth of advance communication in the industrial sectors, technological advancements, and increasing demand for mission critical communication drive the terrestrial trunked radio (TETRA) system market growth.

TETRA radio offers many new and valuable features such as fast call set-up time, which is a particularly important requirement for emergency services. It also has excellent group communication support, direct mode operation between individual radios, packet data & circuit data transfer services, better economy of frequency spectrum use than previous PMR radio systems, and it provides advanced security features. These factors are expected to create lucrative growth opportunities for the terrestrial trunked radio (TETRA) system market.  

Key players of the market focus on introducing technologically advanced products to remain competitive in the market. Product launch, expansion, acquisition, collaboration, and partnership are expected to be the prominent strategies adopted by the terrestrial trunked radio (TETRA) system market players.

Author Name(s) : Avinash Savekar | Sonia Mutreja

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Terrestrial Trunked Radio (TETRA) System Market

Global Opportunity Analysis and Industry Forecast, 2021-2030