Press release
Asia Pacific Broadcasting Equipment Market Sales to Top US$ 3.7 Bn by 2031|Key Players- Media Excel Inc. (US), ChyronHego Corporation (US)
Asia Pacific Broadcasting Equipment Market 2022
The global Asia Pacific Broadcasting Equipment Market is meant to grow on a graceful note in the next 10 years. With edge computing, AI-enabled applications like computer vision NLP (Natural Language Processing) are being used broadly across various industries. They generally need dedicated components and processing speeds to perform complex mathematical computations. This would call for an irrevocable production of AI chips in the forecast period.
The Asia Pacific broadcasting equipment market is currently valued at US$ 1.4 Bn in 2022, and is expected to be valued at US$ 3.7 Bn by 2031, progressing at a positive CAGR of 8.2% over the decade. Growth of broadcasting equipment market in APAC region is primarily driven by convergence of high definition technologies such as 4K with IP.
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As per the report, 4K services are expected to be available on IP networks over the next four to five years via satellite launching and cable platforms.
The report has segmented the APAC broadcasting equipment market into traditional TV broadcast, traditional radio broadcast, IP converged broadcasting and asset management systems.
Traditional TV broadcast segment is anticipated to register a positive CAGR during the forecast period (2022-2031). The traditional radio broadcast segment is anticipated to register a healthy CAGR during the forecast period.
Key Players:
The report has profiled some of the Important players prevalent in the global like - Media Excel Inc. (US), ChyronHego Corporation (US), TVU Networks Corporation (US), XOR Media Inc. (US), FOR-A Company (Japan), ORACLE Corporation (US), Unlimi-Tech Software Inc. (US), Grass Valley (Canada), and General Dynamics Mediaware (Australia) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Asia Pacific Broadcasting Equipment.
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The IP converged broadcasting is projected to be the fastest growing segment in APAC broadcasting equipment market, exhibiting a stellar CAGR during the forecast period.
Traditional TV broadcast segment accounted for nearly 2/5 share in terms of value of the total APAC broadcasting equipment market in 2022. Consumption of high definition content in APAC region is increasing at a rapid pace, supported by rising sales of HD ready TVs.
The traditional TV broadcast equipment market is further segmented into camera, monitors, routers, switchers, cable, transmitter, receiver and other accessories. Routers sub-segment is projected to expand at the highest CAGR during the forecast period. Content creators across the region are shifting towards 4K cameras in order to capture high definition video.
This is being supported by sales of 4K UHD television that has gained momentum due to rising disposable income in the region.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Asia Pacific Broadcasting Equipment Market Manufacturers
Asia Pacific Broadcasting Equipment Market Distributors/Traders/Wholesalers
Asia Pacific Broadcasting Equipment Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in the Asia Pacific Broadcasting Equipment Market Report
How is the Asia Pacific Broadcasting Equipment Market expected to grow over the projected period?
What direction is the Asia Pacific Broadcasting Equipment Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Asia Pacific Broadcasting Equipment Market in future?
What are the key market drivers in the Asia Pacific Broadcasting Equipment Market?
What are significant opportunities and improvement areas for Asia Pacific Broadcasting Equipment Market manufacturers?
What are the key developments and trends taking over the Asia Pacific Broadcasting Equipment Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Asia Pacific Broadcasting Equipment Market?
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