Technology & Telecommunications · Indirect
Monitoring · monthlyProcurement Category Intelligence
Two-Way Radios
Overview
Market size
$11.9B
global, USD
CAGR
6.5%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity
Market outlook
2031$16.3B
What changed
Demand by region
North America demand40%
Europe demand25%
Asia Pacific demand20%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Electronic Components and Semiconductors35%
Plastic and Metal Housings15%
Lithium-Ion Batteries15%
Assembly and Labor20%
Logistics and Compliance Testing15%
share of delivered cost (analyst estimate)