FM Broadcast Transmitter Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio
The global FM broadcast transmitter market to register an incremental growth of USD 1.76 million, witnessing a CAGR of about 1% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the FM broadcast transmitter market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global FM Broadcast Transmitter Market 2020-2024 (Graphic: Business Wire)
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The FM broadcast transmitter market will witness a Negative and Inferior impact during the forecast period owing to the extensive rise of the COVID-19 pandemic. Furthermore, as per Technavio's pandemic-focused research highlights, the market growth is likely to Decrease compared to 2019.
FM Broadcast Transmitter Market 2020-2024: Vendor Analysis
The market is concentrated. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. With a rapidly shifting focus toward creating a digital marketplace to provide a convenient platform for stakeholders in the supply chain, several companies in the market are resorting to move their businesses online along with existing brick-and-mortar channels.
Major FM Broadcast Transmitter market participants are
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FM Broadcast Transmitter Market 2020-2024: Segmentation
FM Broadcast Transmitter Market is segmented as below:
FM broadcast transmitters with a power capacity of above 20 kW account for a major share in the FM broadcast transmitter market due to their advantageous features such as high quality, cost-efficient, reliable, and have a long life.
APAC region will account for the highest incremental growth during the forecast period due to the factors such as the increase in bundled services and consistent demand from the end-users in the region, the digitization of radio stations, increased Internet penetration, and the growing number of smartphone users.
The FM broadcast transmitter market is driven by growing demand for solid-state transmitters and the use of GaN power ICs in FM broadcast transmitters, as per Technavio's pandemic impact-focused research study. Furthermore, Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, and significant developments in vendor operations and government regulations in the Industrials industry.
For gaining more insights about the impact of the COVID-19 pandemic on related reports, check out Technavio's Industrials section
Key Considerations for Market Forecast:
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Table of Contents:
Five Forces Analysis
Market Segmentation by Power Capacity
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