© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Terrestrial Trunked Radio Market Forecast and Business Opportunities from 2018 to 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific TETRA market is expected to hold a major share due to the adoption of these systems in the infrastructure development. According to the India Brand Equity Foundation (IBEF), the FDI inflows in India in the Construction Development sector, which include built-up infrastructure, townships, and construction-development projects have reached USD billion between April 2000 – December  Modern rail transportation is a vital pillar for driving the economic development of cities and nations. The system provides front-line rail workers with enhanced workforce collaboration, increased situational awareness, and optimum in-field productivity.  Emergency situations that can cause huge damage to rail tracks can be avoided using the system. For instance, if two rails are traveling on the same track in the opposite direction by system error, prompt communication can save several lives & financial losses. Regional Analysis of Terrestrial Trunked Radio Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Terrestrial Trunked Radio Market:  The TETRA market caters to the requirements of several industries including transportation & logistics, military & defense, industrial, utilities, mining, home security, fire department, emergency & medical services, and others. The global consumption of oil is increasing and finding new oil is getting expensive & involves extreme exploration. Improved productivity & field safety can be achieved in the oil & gas industry by adopting the system to share vital information with workers for coordination in field operations. Additionally, remote sites can also be controlled by the system to preempt shutdowns of equipment. Several applications, such as real-time location tracking, alert management, etc., of the system in the transport & logistics industry are driving the TETRA market  The high cost of infrastructure is restraining the TETRA market growth. Reliable & secure communication is vital in extreme conditions & dangerous situations such as petrochemical plants, oil rigs, and off-shore wind parks, among others. Large-scale communication requires mission-critical & flexible platforms, which act as a communication backbone that increases the cost of the infrastructure. Additionally, the integration of advanced software & hardware increases the cost of infrastructure.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Players operating in the TETRA market are Motorola Solutions, Inc., Thales Group, Hytera Communications Corporation Limited, Simoco Group, Airbus Defence and Space OY, Sepura PLC, JVC Kenwood Corporation, DAMM Cellular Systems A/S, Rohill Engineering B.V., BiTEA Limited, and Rolta India Limited.  Companies are investing a huge amount in the R&D to innovate the products. For instance, Hytera Communications Corporation Limited invests more than 10% sales income in the R&D. Some companies are adopting M&A to reduce the competition & increase the portfolio.  For instance, In March 2018, Motorola acquired the Airbus DS Communications, Inc.to strengthen the communication business. Competitive Market Share of Terrestrial Trunked Radio Market:

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