Global and Regional Broadcasting Equipment Industry: Revenue, Opportunity, Segment and Key Trends 2019-2023
Broadcasting Equipment Market Research
Report By Forecast to 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Broadcasting Equipment Market
The global broadcasting equipment market is expected to expand at 5.6% CAGR during the forecast period 2018–2023. The market for
broadcasting equipment spans across North America, Europe, Asia-Pacific, and the rest of the world. North America accounted for the
largest market share of 30.6% in 2017, with a market value of USD 1,722.4 million; the market is expected to register a CAGR of 4.2%
during the forecast period. Asia-Pacific was the second-largest market in 2017, valued at USD 1,534.8 million; the market is projected to
exhibit the highest CAGR of 7.6%.
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Broadcasting Equipment Market
“Taste the market data and market information presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content
TOC & market synopsis on Internet of Broadcasting Equipment Market Forecast To 2023”
The broadcasting equipment market in the US is expected to grow at a significant rate during the forecast period. The major factors
influencing this growth includes the high penetration of the Internet which has led to the reduction in the distribution cost of streaming
video content as well as increased the demand for OTT content. These developments contribute to the rapid growth of the broadcasting
and related industries. Asia-Pacific has witnessed robust growth due to technological innovation, continuous economic growth, and the
rising demand for communication services. Moreover, increasing investments in upgrading network infrastructure and optimization of
mobile broadband are helping the broadcasting equipment market to grow at a rapid pace in China. The advent of 8K Super Hi-vision
and launch of BS 4K has a significant impact on the broadcasting equipment market in Japan with heavy investments being made for the
development of video switchers, slow-motion controls, upconverter to 8K, HEVC encoder, 8K recorders, uncompressed transmitters for
fiber optics, and uncompressed transmitters for 120 GHz band. Europe has witnessed fast digital transition due to the setup of specific
purpose bodies, such as Digital UK, consisting of government departments, regulatory agencies, broadcasters, network operators, and
consumer electronics manufacturers, which allowed for a smooth transition process.
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Broadcasting Equipment Market
Regional Analysis
Broadcasting equipment market, by region, has been segmented into Asia-Pacific, North America, Europe, and the rest of the world.
Asia-Pacific is expected to be the fastest growing market in the broadcasting equipment market growing at the highest CAGR due to
technological innovation, continuous economic growth, and the rising demand for communication services. Japan accounted for the
largest market share of in 2017 and is expected to register a high CAGR during the forecast period. However, North America is expected
to hold the largest share in the broadcasting equipment market during the assessment period. Some of the factors that are responsible
for the market growth include high Internet usage along with the rising demand for paid TV. The continuous development of network
infrastructure along with IT services has led to the growing popularity of OTT content platforms such as Netflix, YouTube, and Amazon
Prime.
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Broadcasting Equipment Market
Application & Major Players in this Research:
Broadcasting Equipment Market Prominent Players:
• Cisco Systems Inc. (US),
• Evertz Microsystems, Ltd (Canada),
• Belden Inc. (US),
• Clyde Broadcast (UK),
• Eletec Broadcast Telecom SARL (France),
• AVL Technologies, Inc. (US),
• Global Invacom Group Limited (Singapore),
• Euro Media Group (France),
• Telefonaktiebolaget LM Ericsson (Sweden),
• EVS Broadcast Equipment (Belgium),
• Harmonic Inc. (US),
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Broadcasting Equipment Market
Broadcasting Equipment Market Segmented on the basis of
Segment:
• By Application: Radio, Television (Terrestrial Television (Analog and Digital), Direct Broadcasting Satellite, CATV, and IPTV)
• By Product: Dish Antenna, Amplifier, Switches, Video Servers, Encoders, Transmitters and Repeaters, Modulators, and Others
• By Region: North America, Europe, Asia-Pacific, and Rest of the World
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