The Global Broadcast Communications Equipment Market Report by The Business Research Company covers broadcast communications equipment market drivers and restraints, broadcast communications equipment market size, major players, and the impact of COVID-19 on the broadcast communications equipment market.
The broadcast communication equipment market consists of sales of broadcast communication equipment and related services. Broadcast communication equipment establishments make radio and television broadcast and wireless communications hardware. Products made by these establishments include transmitting and receiving antennas, cable television equipment, GPS equipment, cellular phones, mobile communications hardware, radio and television studios, and broadcasting hardware.
Increase in disposable income is driving the broadcast communication equipment market. The global broadcast communications equipment market is expected to grow from $4.39 billion in 2020 to $4.54 billion in 2021 at a compound annual growth rate (CAGR) of 3.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5.28 billion in 2025 at a CAGR of 4%.
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Some broadcast communications equipment market trends include adoption of internet television is an emerging trend in the broadcast communication equipment market. Customers in developed markets are adopting and showing signs of preferring internet TV. Internet TV, in general, is content distributed over the internet. Wireless service providers are offering online video streaming services and internet TV to compete with traditional pay-TV providers. These services are being offered to increase their subscriber base and revenues.
Global broadcast communications equipment market segments include:
1) By Product Type: Transmitting Antennas, GPS Equipment, Transceivers, Satellite Communications Equipment, Other.
2) By Application: Military, Civilian.
3)By Technology: Analog Broadcasting, Digital Broadcasting.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Broadcast Communications Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides broadcast communications equipment market overviews, analyzes and forecasts market size, share, broadcast communications equipment market players, broadcast communications equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The broadcast communications equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Broadcast Communications Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Ericsson AB, Harris Corporation, Motorola Solutions, Lockheed Martin Corporation, The Boeing Company, Raytheon Company, L-3 Communications Corporation, ITT Corporation, Datapath Inc, AT&T Corporation, Datron World Communications, Calamp Corporation, Sierra Wireless, Inc., Orbocomm Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Broadcast Communications Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Broadcast Communications Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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