What is Global Portable Two-Way Radio Market?
A portable two-way radio is a device designed to receive, decode, and sometimes transmit radio signals, all while being portable and easy for one person to carry from one place to another. The global Portable Two-Way Radio market was valued at US$ 9,400 million in 2023 and is anticipated to reach US$ 14,320 million by 2030, witnessing a CAGR of 6.2% during the forecast period from 2024 to 2030. These radios are essential tools in various industries, providing reliable communication in situations where other forms of communication might fail. They are widely used in sectors such as property management, transportation, entertainment, retail, healthcare, government departments, emergency services, education, oil, gas, and mining, among others. The increasing demand for efficient and reliable communication solutions in these sectors is driving the growth of the global portable two-way radio market. The portability and ease of use of these devices make them an indispensable tool for professionals who need to stay connected in real-time, regardless of their location.
FRS Radio, GMRS Radio in the Global Portable Two-Way Radio Market:
FRS (Family Radio Service) and GMRS (General Mobile Radio Service) radios are two types of portable two-way radios that play a significant role in the global portable two-way radio market. FRS radios are designed for short-range communication and are commonly used by families and small groups for activities such as hiking, camping, and neighborhood communication. They operate on 14 channels within the 462-467 MHz frequency range and do not require a license to operate. FRS radios are limited to a maximum power output of 2 watts, which restricts their range to a few miles, making them ideal for personal and recreational use. On the other hand, GMRS radios are designed for longer-range communication and are often used by businesses, outdoor enthusiasts, and emergency response teams. They operate on 22 channels within the same frequency range as FRS radios but can transmit at higher power levels, up to 50 watts, which significantly extends their range. Unlike FRS radios, GMRS radios require a license from the Federal Communications Commission (FCC) to operate in the United States. The higher power output and extended range of GMRS radios make them suitable for more demanding communication needs, such as coordinating large events, managing logistics, and conducting search and rescue operations. Both FRS and GMRS radios offer features such as weather alerts, privacy codes, and hands-free operation, enhancing their usability and functionality. The global portable two-way radio market benefits from the versatility and reliability of FRS and GMRS radios, as they cater to a wide range of communication needs across different sectors. The demand for these radios is driven by their ability to provide clear and uninterrupted communication in various environments, from urban settings to remote wilderness areas. As technology continues to advance, FRS and GMRS radios are expected to incorporate more sophisticated features, such as digital communication, GPS tracking, and enhanced battery life, further increasing their appeal and utility in the global market.
Property Management, Transportation, Entertainment, Retail, Health Care, Government Department, Emergency Services, Educate, Oil,Gas&Mining, Other in the Global Portable Two-Way Radio Market:
The global portable two-way radio market finds extensive usage across various sectors, including property management, transportation, entertainment, retail, healthcare, government departments, emergency services, education, oil, gas, and mining, among others. In property management, portable two-way radios are essential for maintaining seamless communication between maintenance staff, security personnel, and management teams, ensuring quick response times and efficient operations. In the transportation sector, these radios are used by drivers, dispatchers, and logistics coordinators to manage fleet operations, monitor traffic conditions, and ensure timely deliveries. The entertainment industry relies on portable two-way radios for coordinating events, managing crowds, and ensuring the safety of performers and attendees. In retail, these radios facilitate communication between store associates, managers, and security staff, enhancing customer service and loss prevention efforts. Healthcare facilities use portable two-way radios to enable instant communication between medical staff, administrative personnel, and security teams, improving patient care and operational efficiency. Government departments utilize these radios for coordinating activities, managing public services, and ensuring effective communication during emergencies. Emergency services, including police, fire, and medical response teams, depend on portable two-way radios for real-time communication during critical situations, enabling swift and coordinated responses. In the education sector, portable two-way radios are used by school administrators, teachers, and security personnel to maintain safety and manage daily operations. The oil, gas, and mining industries rely on these radios for communication in remote and hazardous environments, ensuring the safety of workers and the efficiency of operations. The versatility and reliability of portable two-way radios make them indispensable tools across these diverse sectors, driving their demand in the global market.
Global Portable Two-Way Radio Market Outlook:
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| Report Metric | Details |
| Report Name | Portable Two-Way Radio Market |
| Accounted market size in 2023 | US$ 9400 million |
| Forecasted market size in 2030 | US$ 14320 million |
| CAGR | 6.2% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Brentwood, Midland Radio, Motorola, Haas Outdoors,Inc, Icom Incorporated, JVC Kenwood Holdings Inc., MiningTelecoms, ROCK Networks, Sepura, Yaesu, BAOFENG TECH, KIRISUN, Hytera |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
