The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Broadcast Communications Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Broadcast Communications Equipment Global Market Report 2024, The broadcast communications equipment market size has grown strongly in recent years. It will grow from $577.28 billion in 2023 to $619.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to emergence of cable and satellite tv, internet penetration and streaming, high-definition (hd), mobile broadcasting and convergence, regulatory changes and deregulation.The broadcast communications equipment market size is expected to see strongly grown in the next few years. It will grow to $867.81 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.
The increasing deployment of 5G is expected to drive the growth of the broadcast communications equipment market in the future. 5G, the latest generation of wireless cellular network technology, represents a significant leap forward in telecommunications capabilities compared to previous generations like 4G and 3G. Broadcast communications equipment plays a crucial role in 5G deployment by facilitating the transmission and reception of high-frequency signals for wireless communication. This equipment, including antennas, transmitters, and receivers, ensures seamless connectivity between 5G base stations and user devices, enabling high-speed data, low latency, and reliable connections vital for 5G network performance. For example, according to an April 2023 article by 5G Americas, global 5G wireless connections surged by 76% from the end of 2021 to the end of 2022, reaching 1.05 billion connections. Hence, the increasing deployment of 5G is a driving force behind the growth of the broadcast communications equipment market.
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The broadcast communications equipment market covered in this report is segmented –
1) By Product Type: Transmitting Antennas, GPS Equipment, Transceivers, Satellite Communications Equipment, Other
2) By Technology: Analog Broadcasting, Digital Broadcasting
3) By Application: Military, Civilian
Top Major Players
Telefonaktiebolaget LM Ericsson,
L3Harris Technologies Inc.,
Motorola Solutions Inc.,
Lockheed Martin Corporation,
The Boeing Company
The broadcast communications equipment market report table of contents includes:
1. Executive Summary
- Broadcast Communications Equipment Market Characteristics
- Broadcast Communications Equipment Market Trends And Strategies
- Broadcast Communications Equipment Market – Macro Economic Scenario
- Global Broadcast Communications Equipment Market Size and Growth
- Broadcast Communications Equipment Market Segmentation
- Broadcast Communications Equipment Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Broadcast Communications Equipment Market
- Broadcast Communications Equipment Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Broadcast Communications Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Broadcast Communications Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Broadcast Communications Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………….
Table 74: Telefonaktiebolaget LM Ericsson Financial Performance
Table 75: L3Harris Technologies Inc. Financial Performance
Table 76: Motorola Solutions Inc. Financial Performance
Table 77: Lockheed Martin Corporation Financial Performance
Table 78: The Boeing Company Financial Performance
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