A Look into Terrestrial Trunked Radio (TETRA) Industry……Deep Analysis…..



The global terrestrial trunked radio (TETRA) market size is expected to reach USD 6.5 billion by 2025, according to a study conducted by Grand View Research, Inc., expanding at a CAGR of 17.8% during the forecast period. Increasing smartphone applications for public safety and growing adoption of TETRA - approved devices in the defense and transportation sectors are bolstering the growth of the market. The devices enable users to experience enhanced audio quality and secure communication.
Growing interest of TETRA - approved equipment provider companies such as Airbus Defence and Space to expand their business in regions such as the Middle East is estimated to drive the adoption of TETRA - approved devices in the region. Additionally, increasing construction activities are boosting market growth.
Asia Pacific is poised to witness considerable growth, owing to soaring need for public safety and improving IT infrastructure. Increasing support offered by various governments to promote the adoption of TETRA is also providing a fillip to the market.
However, high costs of development and maintenance of TETRA - approved equipment are projected to hinder the growth of the market. Therefore, equipment providers are focusing on developing affordable solutions that can be used in different sectors such as utilities, transportation and others. The global terrestrial trunked radio (TETRA) market size was valued at USD 1.51 billion in 2016. It is expected to expand at a CAGR of 17.8% over the forecast period. Growing demand for secure communication and safety is one of the key trends escalating market growth. Additionally, influx of smartphone applications for public safety is further fueling demand for TETRA-approved equipment.
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https://www.grandviewresearch.com/industry-analysis/terrestrial-trunked-radio-tetra-market/request/rs1
Further key findings from the study suggest:
·         Direct mode operation (DMO) offers radio frequency (RF) coverage. Therefore, the segment is anticipated to emerge as the fastest - growing segment over the forecast period.
·         The software segment is likely to expand at the highest CAGR over the forecast period, owing to burgeoning adoption of IoT devices
·         The portable devices segment is expected to be the fastest growing segment over the forecast period, owing benefits offered such as durability and size compatibility
·         The demand for TETRA - approved equipment is estimated to increase in the public safety & defense segment owing to benefits such as end - to - end data encryption.
·         Asia Pacific is poised to be the fastest growing region over the forecast period due to burgeoning adoption of TETRA - approved equipment by governments in the region.
·         Prominent industry participants include Thales Group; Airbus Defence and Space oy; JVCKENWOOD Corporation; and Motorola Solutions, Inc.
Equipment that comply with TETRA standards offer advanced features such as integrated GPS and navigator to enable users to receive precise target location. It also aids in storing and sharing data with other users via wired and wireless connection for enhancing communication. Additionally, they enable users to experience greater audio quality by offering noise-cancelling chip.
The European Telecommunications Standards Institute (ETSI) developed a set of standards for infrastructure for common mobile radio communication across Europe. This set of standards is known as TETRA. These standards are primarily focused on public safety groups and voice & data communications service providers. TETRA is a two-way transceiver specification. It is designed to provide secure and highly scalable safety to government agencies, public safety networks, and others against external manipulation. Some of the major features offered by TETRA radios are multi-organization interoperability, built-in Bluetooth & GPS, authentication & encryption functionality, and others.
Technological advancements and surging demand for secured communication and public safety are prompting radio manufacturers to incorporate applications in their devices. Some of the features offered by these applications are GIS, fingerprint scanning, combined call attendance, call recording, alarms, and events & call priority management in critical situations. Inclusion of these applications are estimated to boost the growth of the market.
High cost of development and maintenance of communication equipment is projected to inhibit the growth of the market. Infrastructure development requires high capital investments. Incorporating capabilities to co-exist with other services require further hardware integration, which leads to more complexities. These factors, along with stringent requirements to obtain TETRA license, are poised to hinder market growth.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-terrestrial-trunked-radio-tetra-market
Grand View Research has segmented the global TETRA market based on modes of operations, components, devices, applications:
TETRA Modes of Operation Outlook (Revenue, USD Million, 2014 - 2025)
·         Trunked Mode Operation (TMO)
·         Direct Mode Operation (DMO)
TETRA Component Outlook (Revenue, USD Million, 2014 - 2025)
·         Hardware
·         Software
TETRA Device Outlook (Revenue, USD Million, 2014 - 2025)
·         Portable
·         Vehicular
TETRA Application Outlook (Revenue, USD Million, 2014 - 2025)
·         Transportation & Logistics
·         Public Safety & Government
·         Utilities
·         Defense
·         Commercial & Industry
·         Others
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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