The TV Transmitter Market size is projected to reach US$ 1,145.37 million by 2031 from US$ 817.85 million in 2023. The market is expected to register a CAGR of 4.3% in 2023–2031. The increasing demand for high-definition content is likely to remain a key TV Transmitter Market trend.
The growing demand for HD and UHD Content worldwide is one of the major factors fueling the growth of the TV transmitter market. In addition, the constant innovations in the telecommunication and broadcasting sector are driving the growth of the TV transmitter market. Furthermore, the growing demand for next-gen broadcasting is expected to boost the growth of the market in the forecasted period. Moreover, the growing technological advancements in TV transmitters are creating an opportunity for the growth of the TV transmitter market in the coming years.
A TV transmitter is an electrical device that emits radio waves that carry both the video signal displaying a dynamic image and the audio signal that is synced with it. It will be received by a television receiver, which will display the image on the screen and play the matching sound. Its operational frequency is limited to the VHF and UHF frequency bands and its power output ranges from 5W to 10kW. It is commonly employed in the field of television broadcasting, such as TV stations.
The demand for high-definition (HD) and ultra-high-definition (UHD) content is increasing among consumers worldwide, particularly because it provides higher-quality audio and video. Furthermore, the use of OTT platforms is increasing worldwide along with high-quality content releases. Thus, the rising demand for high-quality content is fueling the growth of the TV transmitter market.
Next-Gen Broadcasting includes the adoption of digital broadcasting standards, with different regions throughout the world adopting specific standards like ATSC 3.0 in the United States, DVB-T2 in Europe, and ISDB-Tb in certain sections of Asia and South America. Benefits from these standards include improved audio and video quality, more effective use of available spectrum, and the addition of new interactive features. The transition to digital broadcasting standards makes it easier to transmit high-definition (HD) and ultra-high-definition (UHD) programming, which gives viewers a much better visual and audio experience and increases their enjoyment of television. Thus, the growing demand for next-gen broadcasting is expected to create an opportunity for the growth of the TV transmitter market.
Key segments that contributed to the derivation of the TV transmitter market analysis are transmitter type, distribution channel, and application.
The geographic scope of the TV Transmitter Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
In terms of revenue, Asia Pacific accounted for the largest TV transmitter market share. The market in this region is segmented into Australia, China, India, South Korea, Japan, and the rest of APAC. The market players in the region are continuously working on technological advancements in the broadcasting sector, which is the main factor fueling the growth of the TV transmitter market in APAC. Furthermore, the region is witnessing tremendous growth in its media and entertainment industry, which is further fueling the growth of the TV transmitter market.
The regional trends and factors influencing the TV Transmitter Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses TV Transmitter Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 817.85 Million |
Market Size by 2031 | US$ 1,145.37 Million |
Global CAGR (2023 - 2031) | 4.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Transmitter Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The TV Transmitter Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the TV Transmitter Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The TV Transmitter Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
The “TV Transmitter Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
The global TV transmitter market was estimated to be US$ 817.85 million in 2023 and is expected to grow at a CAGR of 4.3% during the forecast period 2023 - 2031.
Growing demand for HD and UHD content are the major factors that propel the global TV transmitter market.
Growing technological advancements in TV transmitters are anticipated to play a significant role in the global TV transmitter market in the coming years.
The key players holding majority shares in the global TV transmitter market are Rohde and Schwarz, NEC Corp, Hitachi Kokusai Electric Group, BTESA, Egatel, Gates Air, Toshiba, Gospell Digital Technology Co., Ltd., Plisch, and Syes.
The global TV transmitter market is expected to reach US$ 1,145.37 million by 2031.