Global Broadcast Communication Equipment Market Size, Forecasts, And Opportunities – Includes Broadcast Communication Equipment Market Analysis
Learn about the global broadcast communication equipment market through The Business Research Company, which provides information on broadcast communication equipment market size, broadcast communication equipment market drivers and restraints, broadcast communication equipment market players, the COVID-19 impact on the broadcast communication equipment market, and more.
The global broadcast communication equipment market is expected to grow from $4.73 billion in 2021 to $5.02 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The global broadcast communications equipment market size is expected to reach $6.01 billion in 2026 at a CAGR of 4.6%.
An increase in disposable income is driving the broadcast communication equipment market.
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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 communication 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.
Global Broadcast Communication Equipment Market Segments Include:
By Product Type: Transmitting Antennas, GPS Equipment, Transceivers, Satellite Communications Equipment, Others
By Application: Military, Civilian
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.
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.
Major Market Players: Ericsson AB, Harris Corporation, Motorola Solutions, Lockheed Martin Corporation, The Boeing Company, Raytheon Company, L-3 Communications Corporation, ITT Corporation, Datapath Inc., and AT&T Corporation.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Broadcast Communication Equipment Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides broadcast communication equipment market overviews, analyzes and forecasts market size, share, broadcast communication equipment market players, broadcast communication equipment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s broadcast communication equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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