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FM Transmitter Market Growth Drivers, Opportunities and Forecast Analysis to forecast year 2023 (SARS-CoV-2, Covid-19 Analysis)

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FM Transmitter Market Growth Drivers, Opportunities and Forecast Analysis to forecast year 2023 (SARS-CoV-2, Covid-19 Analysis)

FM Transmitter Market

A new market study, titled “FM Transmitter Market” has been featured on Market Research Future.

 

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.

More Information@ https://www.marketresearchfuture.com/reports/radio-transmitter-market-7402

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..

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.

Related Article@ https://icrowdnewswire.com/2020/07/30/radio-transmitter-market-business-trends-leading-players-global-segments-regional-analysis-and-industry-profit-growth-drivers-by-forecast-to-2023-sars-cov-2-covid-19-analysis/

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]

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