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Wireless Data Radio Modem Market by Product, Operating Range And Geography - Global Forecast to 2023

Wireless Data Radio Modem Market: Global Forecast until 2023

  • March 2018
  • 212 pages
  • ID: 5370336
In this report:
The market for UAV drone data modem is expected to be worth USD ##.## million by 2023, at a higher CAGR of ##.##% during the forecast period.
The market for precision farming is expected to be valued at USD ##.## million by 2023, at the highest CAGR of ##.##% during the forecast period.
The market for UAV drone data modem is expected to be valued at USD ##.## million by 2023, at a higher CAGR of ##.##% during the forecast period.

Summary

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The wireless data radio modem market is forecasted to grow at a compound annual growth rate (CAGR) of ~4.0 percent between 2018 and 2023

The wireless data radio modem market is forecasted to reach $724.10M by 2023 from $594.40M in 2018, at a compound annual growth rate (CAGR) of 4.03% during the forecast horizon. The dominance of radio modems in SCADA and telemetry applications and increasing demand for radio modems in agricultural drones and surveys are some of the factors driving the rise of the wireless data radio modem market. Nevertheless, the requirement of high initial investment, and stiff competition from the alternatives including Sigfox, LoRa, and NB-IoT are the restraints for the sector.

The industry for UAV drone wireless data radio modems is anticipated to rise at a better compound annual growth rate during the outlook period

The UAV drone wireless data radio modem market is anticipated to grow at a better compound annual growth rate between 2018 and 2023.These modems offer convenient and flexible means to the operators to assure the safety of the inspection staff, which motivates them to work efficiently.

Furthermore, drones equipped with radio modems are mostly used for the commercial applications, including agriculture, survey and mapping, search and rescue, firefighting, photography, film industry, disaster management, and law enforcement.

SCADA and telemetry is planned to hold the biggest size of the general-purpose wireless data radio modem market during the estimate period

The SCADA and telemetry is intended to hold the most important share of the general-purpose wireless data radio modem market during the outlook period. The lower operational expenditure and higher reliability in the line-of-sight wireless communications make the wireless data radio modems suitable for the SCADA and telemetry application in small and medium process sectors.

North America continent is forecasted to hold the biggest size of wireless data radio modem market in 2018

This business report includes the sector in North America (NA), Europe (EU), Asia Pacific (APAC), and Rest of the globe.The wireless data radio modem market in North America continent is influenced by Elements such as the growing demand for industrial automation, transportation, and supportive government programs.

North America (NA) ranks first in terms of the deployment of different intelligent transportation systems, including advanced transportation management systems, advanced traveler information systems, ITS-enabled pricing systems, and commercial vehicle operations. The ITS sector has a main positive economic impact on the USA and contributes significantly to enable the US economy to move forward and continue to grow. The USA is the main country driving the increase of the market in this area

Key players' distribution profiles:

• By Company category: Tier 1 = 27.0 percent, Tier 2 = 41.0 percent, and Tier 3 = 32.0 percent

• By Description: C-suite executives = 26.0 percent, Directors = 40.0 percent, and Others = 34.0 percent

• By Area: North America continent = 47.0 percent, EU = 28.0 percent, Asia-Pacific = 19.0 percent, and RoW = 6.0 percent

SATEL OY, Motorola Solutions, Schneider Electric, Digi International, Pacific Crest, Advantech B+B SmartWorx, FreeWave Technologies, Cohda Wireless, Campbell Scientific, and Harris Corporation are the main players in the wireless data radio modem market.

Segment Research

• The market established on product class covers general-purpose and UAV drone wireless data radio modems.

• The market established on operating range contains the data modems operating over short range and long range.

• The market established on application specific to product type includes the SCADA and telemetry, mining and geo-exploration, transportation, machine control, and precision farming.

• The geographic study is done with regard to 4 main regions-North America, Europe (EU), Asia-Pac, and RoW. Rest of the world comprises South America region, and the Middle East (ME) and African continent.

Why Purchasing This Study Can Help You:

From an insight prospect, this market research is mostly focused on several levels of review, market ranking study of top actors, and value chain study. This industry report also offers the corporation reviews, which present the basic overviews on the competitive landscape, coming out and high-growth segments of the studied market, high-growth areas, and market dynamics including drivers, market restraints, opportunities, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on different types of products and operating range provided by the top actors in the global wireless data radio modem market.

• Product development/innovative products: Detailed insights regarding research and growth activities, emerging technologies, and launches of new product in the wireless data radio modem market.

• Market development: Highlighted information about profitable emerging sectors together with the study of the sectors for wireless data radio modems across localities.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the global wireless data radio modem market.

• opposing assessment: In-depth assessment of the market ranking review, strategies, products, and manufacturing competences of the key players in the wireless data radio modem market.

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