Global Broadcasting Equipment Market: COVID-19 to Leave Positive Impact | $2.84 Billion Incremental Growth During 2020-2024 | Technavio
The broadcasting equipment market is expected to grow by USD 2.84 billion, progressing at a CAGR of about 8% during the forecast period.
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Technavio has announced its latest market research report titled Global Broadcasting Equipment Market 2020-2024 (Graphic: Business Wire)
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The transition from analog to digital broadcasting is one of the major factors propelling the market growth. However, factors such as the higher cost of broadcasting equipment might hamper growth.
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Broadcasting Equipment Market: Application Landscape
Based on the application, the market saw maximum growth in the TV segment in 2019. Innovations in TV control techniques such as the development of ubiquitous screens has increased the demand for greater content mobility. This is one of the key factors driving the growth of the segment.
Broadcasting Equipment Market: Geographic Landscape
By geography, North America is expected to have lucrative growth during the forecast period. About 39% of the market’s overall growth is expected to originate from North America. Factors such as the increasing number of cable and satellite television channels, the huge presence of broadcasting companies and satellite manufacturers, and the thriving media and entertainment industry are fostering the growth of the broadcasting equipment market in North America. The US is the key market for broadcasting equipment in North America. Market growth in this region will be slower than the growth of the market in APAC.
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Global Communication Relay Market - Global communication relay market is segmented by application (TV and Radio) and geography (North America, APAC, Europe, MEA, and South America). Click Here to Get an Exclusive Free Sample Report
Companies Covered:
AvL Technologies Inc.
Belden Inc.
Cisco Systems Inc.
Clyde Broadcast
CommScope Holding Co. Inc.
Evertz Technologies Ltd.
EVS Broadcast Equipment SA
Harmonic Inc.
Sencore
Telefonaktiebolaget LM Ericsson
What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
Market ecosystem
Market characteristics
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Application
Market segments
Comparison by Application
TV - Market size and forecast 2019-2024
Radio - Market size and forecast 2019-2024
Market opportunity by Application
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers – Demand led growth
Market challenges
Market trends
Vendor Landscape
Vendor landscape
Landscape disruption
Competitive landscape
Vendor Analysis
Vendors covered
Market positioning of vendors
AvL Technologies Inc.
Belden Inc.
Cisco Systems Inc.
Clyde Broadcast
CommScope Holding Co. Inc.
Evertz Technologies Ltd.
EVS Broadcast Equipment SA
Harmonic Inc.
Sencore
Telefonaktiebolaget LM Ericsson
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201125005374/en/
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