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A two-way radio is simply a radio that can both transmit and receive (a transceiver). In broader terms, most of voice wireless communications systems, including cellular system, fall into two-way radio definition. In this report, two-way radio refers to radio system mainly used for group call communication. This two-way radio system is also known as Professional Mobile Radio (PMR), Land Mobile Radio (LMR) ,Private Mobile Radio (PMR) or Public Access Mobile Radio (PAMR) system. The two-way radio equipment refer to the terminal used in this system.They major include portable radios terminal and mobile radios terminal.

Two-way radio offers certain advantages that make it the clear choice for the vast majority of mobile professionals who require an affordable, flexible, highly reliable solution ? along with the power and range available only in licensed bands. Advantages of two-way radio include:
This report aims to provide a comprehensive presentation of the global market for Two Way Radio Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Two Way Radio Equipment. This report contains market size and forecasts of Two Way Radio Equipment in global, including the following market information:

• Global Two Way Radio Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Two Way Radio Equipment Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Two Way Radio Equipment companies in 2022 (%)
The global Two Way Radio Equipment market was valued at US$ 9034.2 million in 2022 and is projected to reach US$ 10870 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Two Way Radio Equipment market include Motorola, KENWOOD, etc. The top 2 players occupy about 15% shares of the global market. North America and Europe are main markets, they occupy about 50% of the global market. Digital is the main type, with a share over 55%. Public Safety and Public Utilities are main applications, which hold a share over 70%.
We surveyed the Two Way Radio Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Two Way Radio Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Two Way Radio Equipment Market Segment Percentages, by Type, 2022 (%)

• Analog
• Digital

• Public Safety
• Public Utilities
• Commerce & Industry
• Other

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

• Key companies Two Way Radio Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Two Way Radio Equipment revenues share in global market, 2022 (%)
• Key companies Two Way Radio Equipment sales in global market, 2018-2023 (Estimated), (K Units)
• Key companies Two Way Radio Equipment sales share in global market, 2022 (%)
• Further, the report presents profiles of competitors in the market, key players include:
• Motorola
• KENWOOD
• Icom
• Hytera
• Tait
• Sepura
• Yaesu
• Neolink
• Vertex Standard
• Quansheng
• Uniden
• Midland
• Simoco
• Entel
• BFDX
• Kirisun
• Lisheng
• Abell
• Weierwei
• HQT
• Outline of Major Chapters:
• Chapter 1: Introduces the definition of Two Way Radio Equipment, market overview.
• Chapter 2: Global Two Way Radio Equipment market size in revenue and volume.
• Chapter 3: Detailed analysis of Two Way Radio Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Two Way Radio Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Two Way Radio Equipment capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.