Benefits of Using General Mobile Radio Service (GMRS) Radios in Agricultural Sector Boosting GMRS Radio Market Growth
According to our latest study on “General Mobile Radio Service (GMRS) Radios Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type and Application,” the market was valued at US$ 131.00 million in 2022, and it is expected to reach US$ 162.88 million by 2030; it is estimated to record a CAGR of 2.9% from 2023 to 2030.
General Mobile Radio Service (GMRS) Radios Market Market – by Region, 2022 and 2030
General Mobile Radio Service (GMRS) Radios Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Handheld and In-vehicle) and Application (Recreational, Off-road, Agriculture, and Others) and Geography
GMRS Radios Market SWOT and PEST Analysis 2022-2030
Download Free Sample
Source: The Insight Partners Analysis
The agricultural sector is one of the main contributors to a country’s GDP. Farmers or farm operators use various farm equipment and devices such as tractors, combines or harvesters, fertilizer spreaders, and radios to ensure that their operations run smoothly and efficiently. Farms usually do not have reliable cell phone coverage, which is boosting the demand 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, 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. A few players operating in the General Mobile Radio Service (GMRS) Radios Market, such as RETEVIS, MIDLAND RADIO, and Rugged Radios, are providing GMRS radios.
The General Mobile Radio Service (GMRS) Radios Market is segmented based on type and application. By type, the General Mobile Radio Service (GMRS) Radios Market is segmented into handheld and In-Vehicle. Based on application, the global General Mobile Radio Service (GMRS) Radios Market is classified into recreational, Off-Road, agriculture, and others. By region, the General Mobile Radio Service (GMRS) Radios Market is segmented into North America, Europe, Asia Pacific, and the Rest of World.
Impact of COVID-19 Pandemic on General Mobile Radio Service (GMRS) Radios Market Growth
Due to the rapid spread of COVID-19, governments of various countries across the globe imposed strict restrictions on human movement. As a result, many production facilities were temporarily shut down to stop the spread of COVID-19, which affected General Mobile Radio Service (GMRS) Radios Market size. In addition, due to restrictions, outdoor recreational activities such as skiing and hiking were temporarily stopped. For instance, according to National Ski Areas Association (NSAA), ~93% of ski areas ceased operations due to the pandemic in the US, which impacted the skiing industry, further hampering the General Mobile Radio Service (GMRS) Radios Market. However, in Q4 of 2020, with ease in the lockdown restriction, the General Mobile Radio Service (GMRS) Radios Market growth started to stabilize as people started engaging in skiing and hiking activities.
Due to strict regulations imposed by the US government in the initial months of 2020, human movement was restricted, temporarily discontinuing all manufacturing activities. Also, there was a temporary suspension of production activities of GMRS radios, which negatively affected the market during the COVID-19 pandemic. As outdoor activities were significantly reduced in the US, the demand for GMRS radios also decreased. However, with the ease of lockdown restrictions, manufacturing and outdoor activities restarted, and the market started to recover. According to OUTDOOR INDUSTRY ASSOCIATION, Americans explored new activities such as cycling and hiking in April, May, and June of 2020. To stay connected with other group members engaged in these activities, the usage of GMRS radios increased. As a result, the demand for GMRS radios continues to increase, boosting North America General Mobile Radio Service (GMRS) Radios Market size.
Tidradio, Quanzhou Chierda Electronic Telecom Co Ltd, Midland Radio Corp, Hongkong Retevis Trade Co Ltd, and Fujian Baofeng Electronics Co Ltd are among the key players operating in the General Mobile Radio Service (GMRS) Radios Market.
Contact Us
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com