Press release
Jobsite Radio Market Size, Demand & Growth Analysis Report
The new report published by The Business Research Company, titled ""Jobsite Radio Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the jobsite radio market size has grown strongly in recent years. It will grow from $1.01 billion in 2023 to $1.09 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The jobsite radio market size is expected to see strong growth in the next few years. It will grow to $1.49 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.
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Booming Construction Activities Propel Growth Of The Jobsite Radio Market
The increasing construction activities are expected to propel the growth of the jobsite radio market going forward. Construction activities refer to the processes involved in building, renovating, or erecting structures such as buildings, bridges, roads, dams, and other infrastructure projects. The construction activities arise due to urbanization, economic development, infrastructure development, renovation and redevelopment, and environmental concerns. Jobsite radios are used as essential tools in construction to enhance communication and safety on construction sites. For instance, in March 2024, according to reports published by the United States Census Bureau, a US-based government agency, construction spending surged from $1,825.7 billion in January 2023 to $2,102.4 billion in January 2024, an increase of $276.7 billion. Therefore, the increasing construction activities are driving the growth of the jobsite radio market.
Innovative 12V Max CXT Cordless Bluetooth Jobsite Radios Revolutionizing Construction Sites
Major companies operating in the jobsite radio market are developing Bluetooth-based jobsite radios, such as 18V LXT / 12V max CXT Cordless Bluetooth Job Site Charger / Radio, to enhance productivity and comfort on the jobsite. 18V LXT / 12V max CXT Cordless Bluetooth Job Site Charger / Radio Is a radio specifically designed for use in construction sites or other rugged environments that operates without being tethered to an electrical outlet and incorporates Bluetooth technology for wireless connectivity with compatible devices such as smartphones, tablets, or laptops. For instance, in August 2021, Makita U.S.A. Inc., a US-based company that manufactures industrial power tools and has a network of authorized service centers, launched a new cordless Bluetooth job site charger and radio, the 12V max CXT cordless Bluetooth radio. It is a versatile and compact job site radio that offers rich stereo sound from powerful speakers. It has Bluetooth connectivity for wireless music streaming from mobile devices and MP3 players. Additionally, it features rich stereo sound, Bluetooth connectivity, compatibility, power source versatility, durability, battery charging, and a compact size. These features make this radio a reliable and efficient audio companion for professionals working in demanding environments.
The jobsite radio market covered in this report is segmented -
1) By Type : AC-Powered Jobsite Radios, AC Or DC-Powered Jobsite Radios
2)By Sales Channel: Home Improvement Stores, Modern Trade Or Organized Hardware Stores, Online Retail
3) By End User : Manufacturing, Woodworking, Construction, Residential Customers, Mining
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Major companies operating in the jobsite radio market are RYOBI Limited, Robert Bosch GmbH, Flex Systems, Eaton Corporation, Emerson Electric Co., SIRIUS XM Holdings Inc., Makita Corporation, Milwaukee Electric Tool Corporation, Sennheiser Electronic GmbH & Co. KG, Ridgid Power tools, Craftsman, DEWALT, Scosche Industries Inc., Porter Cable, COBRA Electronics Corporation, Perfect Pro, Avantree Technology, Sceptre Inc., Tivoli Audio, GPX Inc., Naxa electronics, GTL Tools, Sangean Electronics Inc., SuperSonic Electronics, Retekess, TST Sweden AB (ToughTested), QFX Inc., Klein Tools, WeatherX, Hilti Corporation
Contents of the report:
1. Executive Summary
2. Jobsite Radio Market Report Structure
3. Jobsite Radio Market Trends And Strategies
4. Jobsite Radio Market - Macro Economic Scenario
5. Jobsite Radio Market Size And Growth
…..
27. Jobsite Radio Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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