Market Highlights
Radio transmitter market is expected to grow from USD 740 million in 2017 to USD 1.12 billion by 2023, at a compound annual growth rate (CAGR) of 8.82% during the forecast period. Rise in smartphones, digitization of radio stations, and technological advancement in FM radio transmitters will remain the key drivers for the radio transmitter market during the ofrecast period.
By type the market is segmented into shortwave Radio Transmitter Market, medium wave transmitter, VHF radio transmitter. The VHF radio transmitter type is expected to register the highest CAGR during the forecast period. By end-users, the market is segmented into aerospace & defense, automotive, electronic, and others. The electronics segment is expected to register the highest CAGR during the forecast period.
The key players profiled in the radio transmitter market research report are GatesAir (US), Broadcast Electronics (US), Nautel Ltd. (Canada), RIZ-Transmitters Co. (Croatia), Continental Electronics (US), NEC Corporation (Japan), Beijing BBEF Science & Technology Co., Ltd. (China), Thomson Broadcast (France), Rohde & Schwarz GmbH & Co KG (Germany), and Comsa Corporación (Spain). These players constantly focuses on growth strategies such as strategic partnerships, mergers, acquisitions, and product launch to enhance their product offerings and expand their market reach. For instance, in 2018, Radio UNAM awarded the contract of new 40 kW FM radio transmitters market for their station to Rohde & Schwarz. The R&S THR9 transmitter was chosen owing to its compact design and space-saving liquid cooling capability. Furthermore, it is now the company’s largest radio transmitter market installation in Mexico.
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Key players
The prominent players in the radio transmitter market are GatesAir (US), Broadcast Electronics (US), Nautel Ltd. (Canada), RIZ-Transmitters Co. (Croatia), Continental Electronics (US), NEC Corporation (Japan), Beijing BBEF Science & Technology Co., Ltd. (China), Thomson Broadcast (France), Rohde & Schwarz GmbH & Co KG (Germany), Harris Corporation (US), Hitachi Kokusai Electronic Inc. (Japan), and Comsa Corporación (Spain). Rhodes Schwarz GmbH, Continental Electronics, and GatesAir are the major players holding nearly 35% of the total market share.
Segmentation
Radio transmitter market is segmented based on technology, power capacity, application, end-user, and region.
Based on technology, the market is bifurcated into analog and digital.
By power capacity, the market is segmented into Upto 5 kW, 5-20 kW, and above 20 kW.
The type segment shortwave radio transmitter, medium wave transmitter, and VHF radio transmitter
On the basis of end-users, the market is segmented into aerospace & defense, automotive, electronic, and others.
By region, the market is segmented into North America, Europe, Asia-Pacific and the Rest of the World.
Regional Analysis
The global market for radio transmitter market is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of radio transmitter market is done for North America, Europe, Asia-Pacific, and the rest of the world.
North America followed by Europe is expected to dominate the radio transmitter market from 2018 to 2023 as these regions are sustainable and well-established economies. These economies are largely investing in the digitization of radio stations. Furthermore, the presence of the leading multinational companies in the region further drive the growth in these regions. In 2018, Radio UNAM awarded the contract of new 40 kW FM radio transmitters for their station to Rohde & Schwarz. The R&S THR9 transmitter was chosen owing to its compact design and space-saving liquid cooling capability. Furthermore, it is now the company’s largest radio transmitter installation in Mexico.
Asia-Pacific is estimated to grow at the highest CAGR during the forecast period owing to rise in number of smartphone users that consequently increase the demand for FM transmitters.
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Intended Audience
- Radio Transmitter Manufacturers
- Research organizations and consulting companies
- Associations, organizations, forums and alliances related to Broadcasting Transmitter
- Government bodies such as regulating authorities and policy makers
- Industry associations
- System integrators
- Radio Transmitter Distributors/Traders/Wholesalers
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