Licensed Mobile Radio Accessories Market Worth More than $1B (10/11/12)
Thursday, October 11, 2012 | Comments

For the first time, IMS Research measured the market for licensed mobile radio (LMR) accessories and confirmed it is worth more than $1 billion.

According to IMS Research’s recently published study, LMR Accessories – World – 2012, the market for LMR batteries, chargers, antennas, speaker microphones, headsets, tactical headsets and surveillance kits was worth an estimated $1.25 billion in 2011 and is forecast to grow year-on-year to 2016.

“Although it has been known to many of those in the LMR industry that accessories are a significant component of the LMR market, the accessories market has never before been examined and measured in its own right,” said Deryn Evans, mobile radio market analyst at IMS Research. “Such information is not unexpected, given the size of the LMR user base around the world. Each radio in this user base requires a battery, charger and antenna to function as a minimum and may also use additional audio accessories.”

The study examined the use of accessories and uncovered the factors and events that are having an impact on the types of accessories used by each end user group and analyzed the market in each country.

The research suggested that developments in the migration from analog to digital, economic and social affairs, technology advances and user group methods of operation are some of the factors projected to have an impact on accessory sales in the next five years.

The published report assesses the market for LMR accessories by providing detailed shipment and revenue analysis by country and region and vertical application area, and provides in-depth commentary of the factors affecting the market in each country.

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