Broadcast Equipment Market Analysis 2023-2028: Trends, Size, Growth And Demand | AvL Technologies, Belden Inc., Broadcast RF Limited

According to the latest report by IMARC Group, "Global Broadcast Equipment Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2023-2028", the global broadcast equipment market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

What is broadcast equipment?

Broadcast equipment refers to a set of automated systems and devices for transmitting audio or video material across any electronic mass communication medium. Some most commonly used broadcast equipment includes dish antennas, encoders, microphones, transmitters and repeaters, cameras, video servers, amplifiers, and modulators. It is widely used in recording studios, radio stations, and other facilities to ensure the production and transmission of high-quality video and audio in a timely and cost-effective manner. Nowadays, leading manufacturers are launching advanced wireless broadcast equipment to expand their product portfolio and consumer base.

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Market Trends:

The global broadcast equipment market is primarily driven by the increasing penetration of smartphones, high-speed internet, and laptops and the rising digital content consumption. Moreover, the surging adoption of broadcast equipment due to the escalating demand for high-quality audio and video content has augmented the product demand. Additionally, several key players are heavily investing in introducing innovative product variants to gain a competitive advantage. In line with this, the rising focus on replacing the traditional SDI-based environments with live production systems that offer high efficacy and system control has catalyzed market growth.

Furthermore, the increasing number of over-the-top (OTT) subscriptions coupled with a significant shift toward internet protocol (IP)- and cloud-based solutions amid the coronavirus disease (COVID-19) outbreak is propelling the market growth. Other factors, including improving cloud infrastructure, rising adoption of digital platforms, rapid digitization, and advancements in the Internet of Things (IoT), are also anticipated to drive the market further.

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Broadcast Equipment Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global broadcast equipment market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

General Dynamics Corporation, Global Invacom, Grass Valley, AvL Technologies, Belden Inc., Broadcast RF Limited, Clyde Broadcast, ETL Systems Ltd, Evertz, EVS Broadcast Equipment, Sencore (Wellav Technologies Ltd.) and Telefonaktiebolaget LM Ericsson.

Key Market Segmentation:

The report has segmented the global broadcast equipment market based on product, technology, application and region.

Breakup by Product:
• Dish Antennas
• Switches
• Video Servers
• Encoders
• Transmitters and Repeaters
• Others

Breakup by Technology:
• Analog Broadcasting
• Digital Broadcasting

Breakup by Application:
• Studio Production
• Post Production
• Sports Production
• News Production

Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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