Europe General Mobile Radio Service (GMRS) Radios Market Forecast to 2030

Europe General Mobile Radio Service (GMRS) Radios Market Forecast to 2030 – Regional Analysis- by Type (Handheld and In-vehicle) and Application (Recreational, Off-road, Agriculture, and Others)

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Description

The Europe general mobile radio service (GMRS) radios market is expected to grow from US$ 17.43 million in 2023 to US$ 24.27 million by 2030. It is estimated to grow at a CAGR of 4.8% from 2023 to 2030.

Development of Advanced GMRS Radios Drives Europe General Mobile Radio Service (GMRS) Radios Market

GMRS radios are used for short-distance, two-way voice communications using hand-held radios, mobile radios, and repeater systems. They are widely used in agriculture, recreational activities, camping, hiking, and other commercial applications. The introduction of enhanced features and new functionality compared to previous models can attract new customers and encourage existing users to upgrade their equipment. The advanced features provide more reliable and efficient communications between users. Therefore, the market players are incorporating additional features into their existing GMRS radios. For instance, in May 2022, BAOFENG TECH launched GMRS-V2, an advanced version of GMRS-V1 with additional features such as new in-house custom chipsets and firmware. It consists of 200 completely programmable channels that can be arranged, modified, and used as GMRS, NOAA, or scanner channels, offering users a customized choice to switch between channels. Thus, such additional features attract several end users to adopt advanced two-way communication systems for better radio performance, leads to its adoption.

Europe General Mobile Radio Service (GMRS) Radios Market Overview

The Europe general mobile radio service (GMRS) radios market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The use of personal mobile radio (PMR) with a frequency of 446.0-446.2 MHz has increased in Germany, France, the UK, Belgium, Finland, Estonia, and other European countries. PMR radios are like GMRS radios; but they use different frequencies. The PMR, a license-free two-way radio communication equipment, is less expensive than the licensed equipment. These radios provide better communication among the operators. These are the most effective and low-cost radios for general use, such as event management, catering, construction, etc. Thus, the increasing applications of PMR radios are boosting their demand in the region.

Europe General Mobile Radio Service (GMRS) Radios Market Revenue and Forecast to 2030 (US$ Million)

Europe General Mobile Radio Service (GMRS) Radios Market Segmentation

The Europe general mobile radio service (GMRS) radios market is segmented into type, application, and country.

Based on type, the Europe general mobile radio service (GMRS) radios market is bifurcated into handheld and in-vehicle. The handheld segment accounted a larger share of the Europe general mobile radio service (GMRS) radios market in 2023.

Based o n application, the Europe general mobile radio service (GMRS) radios market is segmented into recreational, off-road, agriculture, and others. The recreational segment held the largest share of the Europe general mobile radio service (GMRS) radios market in 2023.

Based on country, the Europe general mobile radio service (GMRS) radios market is segmented int o Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated the Europe general mobile radio service (GMRS) radios market in 2023.

Fujian Baofeng Electronics Co Ltd, Iradio Electronics Co Ltd, Midland Radio Corp, Quanzhou Chierda Electronic Telecom Co Ltd, QYT Electronics Co Ltd, Tidradio, and WOUXUN ELECTRONICS CO LTD are some of the leading companies operating in the Europe general mobile radio service (GMRS) radios market.

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At 4.8% CAGR, the Europe General Mobile Radio Service (GMRS) Radios Market is speculated to be worth US$ 24.27 million by 2030 says the research team

According to the research team’ research, the Europe general mobile radio service (GMRS) radios market was valued at US$ 17.43 million in 2023 and is expected to reach US$ 24.27 million by 2030 registering a CAGR of 4.8% from 2023 to 2028. Benefits of using GMRS radios in agricultural sector is the critical factors attributed to the Europe general mobile radio service (GMRS) radios market expansion.

The agricultural sector is one of the main contributors to a country’s GDP. To keep the agricultural sector running efficiently, the farmers or the farm operators use various farm equipment and devices such as tractors, combine or harvester, fertilizer spreaders, and radios. Farms usually do not have reliable cell phone coverage, which creates a need for general mobile radio service (GMRS) radios. GMRS radios are economically feasible compared to cell phones, as only initial equipment cost is required with no cost for daily communication. In addition, mobile GMRS radios can be used on tractors and are more resistant to falls than fragile mobile phones, leading to their adoption in complex farming environments. Moreover, in agricultural communication, mobile GMRS radios allow the operator to set squelch levels according to situations such as wind noise and the sound of mechanical farming, thus improving the quality of communication between two users. In addition, GMRS enhances the performance and compatibility of tractors, seeders, loaders, and sprayers, which contributes to the demand for GMRS radios for efficient communication in agricultural fields. A few players operating in the Europe GMRS radios market, such as RETEVIS, MIDLAND Radio, and Rugged Radios, are providing GMRS radios to cater to the demand. Thus, such feasibility offered by the GMRS radios over cellphones in agricultural fields is driving its adoption among farmers or farm operators, which is contributing to the market growth.

On the contrary, stringent government rules for GMRS radios usage hampers the Europe general mobile radio service (GMRS) radios market.

Based on type, the Europe general mobile radio service (GMRS) radios market is bifurcated into handheld and in-vehicle. The handheld segment held 64.7% share of Europe general mobile radio service (GMRS) radios market in 2023, amassing US$ 11.27 million. It is projected to garner US$ 15.28 million by 2028 to expand at 4.4% CAGR during 2023-2028.

Based on application, the Europe general mobile radio service (GMRS) radios market is segmented into recreational, off-road, agriculture, and others. The recreational segment held 47.5% share of Europe general mobile radio service (GMRS) radios market in 2023, amassing US$ 8.28 million. It is projected to garner US$ 11.17 million by 2028 to expand at 4.4% CAGR during 2023-2028.

Based on country, the Europe general mobile radio service (GMRS) radios market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 24.7% share of Europe general mobile radio service (GMRS) radios market in 2023. It was assessed at US$ 4.31 million in 2023 and is likely to hit US$ 6.41 million by 2030 exhibiting a CAGR of 5.8% during 2023-2028.

Key players operating in the Europe general mobile radio service (GMRS) radios market are Fujian Baofeng Electronics Co Ltd, Iradio Electronics Co Ltd, Midland Radio Corp, Quanzhou Chierda Electronic Telecom Co Ltd, QYT Electronics Co Ltd, Tidradio, and WOUXUN ELECTRONICS CO LTD, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe general mobile radio service (GMRS) radios market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Europe general mobile radio service (GMRS) radios market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 Europe GMRS Radio Market – By Type
1.3.2 Europe GMRS Radio Market – By Application
1.3.3 Europe GMRS Radio Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe GMRS Radio Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe GMRS Radio Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Benefits of Using GMRS Radios in Agricultural Sector
5.2 Market Restraints
5.2.1 Stringent Government Rules for GMRS Radios Usage
5.3 Market Opportunities
5.3.1 Increase in Off-road and Recreational Activities
5.4 Future Trends
5.4.1 Development of Advanced GMRS Radios
5.5 Impact Analysis of Drivers and Restraints
6. GMRS Radio Market – Europe Analysis
6.1 Europe GMRS Radio Market Overview
6.2 Europe GMRS Radio Market – Revenue and Forecast to 2030 (US$ Million)
7. Europe GMRS Radio Market Analysis – By Type
7.1 Overview
7.2 Europe GMRS Radio Market, By Type (2022 and 2030)
7.3 Handheld
7.3.1 Overview
7.3.2 Handheld: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
7.4 In-vehicle
7.4.1 Overview
7.4.2 In-vehicle: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
8. Europe GMRS Radio Market Analysis – By Application
8.1 Overview
8.2 Europe GMRS Radio Market, By Application (2022 and 2030)
8.3 Recreational
8.3.1 Overview
8.3.2 Recreational: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
8.4 Off-road
8.4.1 Overview
8.4.2 Off-road: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
8.5 Agriculture
8.5.1 Overview
8.5.2 Agriculture: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Europe GMRS Radio Market- Revenue and Forecast to 2030 (US$ Million)
9. Europe GMRS Radio Market – Country Analysis
9.1 Overview
9.1.1 Europe GMRS Radio Market Breakdown, by Country
9.1.1.1 Germany: Europe GMRS Radio Market, Revenue and Forecast to 2030
9.1.1.1.1 Germany: Europe GMRS Radio Market Breakdown, By Type
9.1.1.1.2 Germany: Europe GMRS Radio Market Breakdown, By Application
9.1.1.2 UK: Europe GMRS Radio Market, Revenue and Forecast to 2030
9.1.1.2.1 UK: Europe GMRS Radio Market Breakdown, By Type
9.1.1.2.2 UK: Europe GMRS Radio Market Breakdown, By Application
9.1.1.3 France: Europe GMRS Radio Market, Revenue and Forecast to 2030
9.1.1.3.1 France: Europe GMRS Radio Market Breakdown, By Type
9.1.1.3.2 France: Europe GMRS Radio Market Breakdown, By Application
9.1.1.4 Italy: Europe GMRS Radio Market, Revenue and Forecast to 2030
9.1.1.4.1 Italy: Europe GMRS Radio Market Breakdown, By Type
9.1.1.4.2 Italy: Europe GMRS Radio Market Breakdown, By Application
9.1.1.5 Russia: Europe GMRS Radio Market, Revenue and Forecast to 2030
9.1.1.5.1 Russia: Europe GMRS Radio Market Breakdown, By Type
9.1.1.5.2 Russia: Europe GMRS Radio Market Breakdown, By Application
9.1.1.6 Rest of Europe: Europe GMRS Radio Market, Revenue and Forecast to 2030
9.1.1.6.1 Rest of Europe: Europe GMRS Radio Market Breakdown, By Type
9.1.1.6.2 Rest of Europe: Europe GMRS Radio Market Breakdown, By Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Product Development
11. Company Profiles
11.1 Tidradio
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Quanzhou Chierda Electronic Telecom Co Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 WOUXUN ELECTRONICS CO., LTD.,
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Midland Radio Corp
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Fujian Baofeng Electronics Co Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Iradio Electronics Co Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 QYT Electronics Co Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About Research Team
12.2 Word Index

LIST OF TABLES

Table 1. Europe GMRS Radio Market – Revenue and Forecast to 2030 (US$ Million)
Table 2. Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Country (US$ Million)
Table 3. Germany: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 4. Germany: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 5. UK: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 6. UK: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 7. France: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 8. France: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 9. Italy: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 10. Italy: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 11. Russia: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 12. Russia: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 13. Rest of Europe: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 14. Rest of Europe: Europe GMRS Radio Market, Revenue and Forecast to 2030 – By Application (US$ Million)
Table 15. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe GMRS Radio Market Segmentation
Figure 2. Europe GMRS Radio Market Segmentation – By Country
Figure 3. Europe GMRS Radio Market Overview
Figure 4. Handheld Segment held the Largest Share of Europe GMRS Radio Market
Figure 5. Germany held the Largest Share of Europe GMRS Radio Market
Figure 6. Europe: PEST Analysis
Figure 7. Expert Opinion
Figure 8. Europe GMRS Radio Market Impact Analysis of Drivers and Restraints
Figure 9. Europe GMRS Radio Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Europe GMRS Radio Market Revenue Share, By Type (2022 and 2030)
Figure 11. Handheld: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 12. In-vehicle: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 13. Europe GMRS Radio Market Revenue Share, By Application (2022 and 2030)
Figure 14. Recreational: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 15. Off-road: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 16. Agriculture: Europe GMRS Radio Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 17. Others: Europe GMRS Radio Market- Revenue and Forecast to 2030 (US$ Million)
Figure 18. Europe GMRS Radio Market, by Key Country- Revenue (2022) (US$ Million)
Figure 19. Europe GMRS Radio Market Breakdown, by Country, 2022 & 2030 (%)
Figure 20. Germany: Europe GMRS Radio Market, Revenue and Forecast to 2030 (US$ Million)
Figure 21. UK: Europe GMRS Radio Market, Revenue and Forecast to 2030 (US$ Million)
Figure 22. France: Europe GMRS Radio Market, Revenue and Forecast to 2030 (US$ Million)
Figure 23. Italy: Europe GMRS Radio Market, Revenue and Forecast to 2030 (US$ Million)
Figure 24. Russia: Europe GMRS Radio Market, Revenue and Forecast to 2030 (US$ Million)
Figure 25. Rest of Europe: Europe GMRS Radio Market, Revenue and Forecast to 2030 (US$ Million)

The List of Companies – Europe General Mobile Radio Service (GMRS) Radios Market

o Fujian Baofeng Electronics Co Ltd
o Iradio Electronics Co Ltd
o Midland Radio Corp
o Quanzhou Chierda Electronic Telecom Co Ltd
o QYT Electronics Co Ltd
o Tidradio
o WOUXUN ELECTRONICS CO LTD

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