The Europe Radio Modem industry was 44.68 million USD in 2017 and is projected to reach USD 87.55 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 8.77% between 2017 and 2025. The market is driven by various end-user industries, such as Transportation, Government & Defense, Electronic and Electricity, Mining & Oil and so on.
The industry is relatively concentration, the key brand include Digi, Campbell Scientific, SATEL, RACOM, RF DataTech, Raveon Technologies, Advantech B+B SmartWorx, Westermo, Warwick Wireless, ATIM, Radiometrix Ltd, ADEUNIS RF and so on. Among them, Digi, SATEL and Campbell Scientific are the leaders in this market.
Cost-effectiveness and fidelity are the major factors propelling the growth of the Europe radio modem market. The other factors boosting the growth of the Europe radio modem market are individualistic and privately owned networks and minimum infrastructure demands. Additionally, an ITS needs wireless communications to enhance its system and is deploying wireless networks which are flexible, cost-effective, and smaller in size. In addition, rising government expenditure toward the implementation of different ITS systems such as advanced transportation management systems, electronic toll collection systems, and others may increase the Europe radio modem market growth.
The frequency band segment of the market is divided into UHF, license-free, VHF, and Wi-Fi. The operating range segment of the Europe radio modem market is classified into long and short.
The Europe Radio Modem Market Research Report 2018 report released by QYResearch provides a basic overview of the Radio Modem industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in Europe, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Radio Modem industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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