DAB Radio Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Digital Audio Broadcasting (DAB) is a digital radio standard for broadcasting digital audio radio services in many countries around the world, defined and promoted by the WorldDAB forum. The standard is dominant in Europe and is also used in parts of Africa, Asia and Australia; other worldwide terrestrial digital radio standards. Factors such as rising adoption of spectrum FM in place of analog FM is creating profitable opportunities for the DAB radio market in the forecast period.

MARKET DYNAMICS

The increasing adoption of smartphones and internet facilities is driving the growth of the DAB radio market. The COVID 19 impact may restrain the growth of the DAB radio market. Furthermore, spectrum FM in place of analog FM is anticipated to create market opportunities for the DAB radio market during the forecast period.

MARKET SCOPE

The "Global DAB Radio Market Analysis to 2031" is a specialized and in-depth study of the DAB radio market with a special focus on the global market trend analysis. The report aims to provide an overview of DAB radio market with detailed market segmentation by type, application, and geography. The global DAB radio market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading DAB radio market players and offers key trends and opportunities in the DAB radio market.

MARKET SEGMENTATION

The global DAB radio market is segmented on the basis of type and application. On the basis of type the market is segmented into portable radio, automotive radio, others. Based on application the market is segmented into navigation application, mobile TV application.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global DAB radio market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The DAB radio market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting DAB radio market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the DAB radio market in these regions.

MARKET PLAYERS

The reports cover key developments in the DAB radio market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from DAB radio market are anticipated to lucrative growth opportunities in the future with the rising demand for DAB radio market. Below mentioned is the list of few companies engaged in the DAB radio market.

The report also includes the profiles of key DAB radio market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   ANJAN
  
•   DEGEN RADIOS
  
•   GOLDYIP GROUP
  
•   MUZEN AUDIO
  
•   PANASONIC CORPORATION
  
•   PHILIPS N.V.
  
•   PANDA ELECTRONICS
  
•   SONY CORPORATION
  
•   SANGEAN ELECTRONIC INC,
  
•   TECSUN RADIO
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

DAB Radio Report Scope