United States
US 31232217 | Procurement

Two-Way Radios in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
Two-way radios are radios that can both transmit and receive data, allowing end users to communicate with other radios operating on the same frequency. Key buyers include construction developers, consumers, defense organizations, and companies in the industrial sector.

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What’s included in this market coverage

IBISWorld's research coverage on the Two-Way Radios procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Two-Way Radios market in the United States includes Family Radio Service (FRS) Two-Way Radios, General Mobile Radio Services (GMRS) Two-Way Radios, Ultra High Frequency (UHF) Two-Way Radios and Very High Frequency (VHF) Two-Way Radios. Standard coding in this coverage includes HS-852560-Transmission Apparatus For Radio-Broadcasting Or Television, Whether Or Not Incorporating Sound Recording Or Reproducing Apparatus, Incorporating Reception Apparatus, ISIC-263-Manufacture of communication equipment, NACE-26.30-Manufacture Of Communication Equipment, NAICS-334220-Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing and UNSPSC-43191510-Two way radios.

What common market terminology is included?

Common market terminology included in the Two-Way Radios procurement coverage includes Family Radio Service (FRS) (A two-way radio system created in 1996 consisting of 22 channels designated for general use by individuals and businesses in the United States that does not require a license.), Federal Communications Commission (FCC) (A radio system designed for short-distance two-way communication (i.e., two-way radios) that requires a license to use.) and Primary Battery (A battery that cannot be charged again once it is fully discharged; after use, it must be discarded.).

What companies are included as top suppliers?

The top companies covered in the Two-Way Radios procurement report as suppliers are Icom Incorporated, DAS Companies Inc., Stanley Black & Decker, Inc., Walmart Inc. and CTE International S.R.L.

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Two-Way Radios market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

The market pricing trends include the Market Price (2026) per set, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Two-Way Radios market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Two-Way Radios procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

What’s included in the Price Environment chapter?

The Price Environment chapter covers detailed pricing analysis and datasets on Two-Way Radios market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Two-Way Radios market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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Frequently Asked Questions

What is the current market price for Two-Way Radios?

The 2026 benchmark market price for Two-Way Radios is $355 per set. Prices have increased at a CAGR of 1.95 from 2023-26.

Who are the top vendors in the Two-Way Radios market?

The top vendors in the Two-Way Radios market include Icom Incorporated, DAS Companies Inc., Stanley Black & Decker, Inc., Walmart Inc. and CTE International S.R.L.

What industries supply the Two-Way Radios market?

The top industries supplying the Two-Way Radios market are Circuit Board & Electronic Component Manufacturing in the US, Aluminum Manufacturing in the US, Laminated Plastics Manufacturing in the US, Plastic & Resin Manufacturing in the US, Semiconductor & Circuit Manufacturing in the US and Copper Rolling, Drawing & Extruding in the US.

What is the supply chain risk for Two-Way Radios?

High market concentration reduces competition and limits buyers’ negotiation power. The two-way radio market is dominated by a small number of large suppliers, which narrows competitive dynamics and makes it harder for buyers to secure aggressive pricing. This concentration also increases dependence on incumbent vendors, raising risks of unfavorable contract terms or price pass-throughs during periods of input volatility. Buyers should counter this by conducting rigorous RFPs, benchmarking across global vendors, and negotiating service guarantees to offset limited pricing leverage.

What factors affect the price of Two-Way Radios?

Features such as battery life, range, durability, and advanced functionalities like GPS or noise cancellation significantly affect the pricing of two-way radios. For instance, models used in security may demand higher prices, while consumer models may be priced lower due to fewer features.

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