Market Overview:
The global broadcast equipment market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Broadcast equipment refers to a set of automated systems and devices utilized for broadcasting video or audio content through any electronic mass communication medium. It is widely employed in recording studios, radio stations and other facilities to ensure high-quality video and audio production and transmission in a time- and cost-efficient manner. Some of the commonly used broadcast equipment includes cameras, video servers, amplifiers, transmitters and repeaters, dish antennas, encoders, microphones, and modulators. Nowadays, leading manufacturers operating in the industry are launching advanced wireless broadcast equipment to expand their consumer base.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Broadcast Equipment Market Trends:
The rising consumption of digital content among the masses due to the increasing penetration of smartphones, laptops and high-speed internet represents one of the primary factors driving the market. Besides this, the escalating demand for high-quality audio and video content is resulting in the production of ultra-high-definition (UHD) and 4K format content, which, in turn, is accelerating the adoption of advanced broadcast equipment for better viewing quality. Additionally, leading players are heavily investing in the development of innovative product variants to attract more customers and gain a competitive edge in the market. They are also focusing on replacing conventional SDI-based environments with live production systems that provide high efficiency and system control. Furthermore, the recent outbreak of coronavirus disease (COVID-19) has led to a significant shift towards internet protocol (IP)- and cloud-based solutions. This, in confluence with the increasing number of over-the-top (OTT) subscriptions, is propelling the market growth. Moreover, the rising adoption of digital platforms, improving cloud infrastructure, advancements in the Internet of Things (IoT), and rapid digitization are some of the other factors creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global broadcast equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, technology and application.
Breakup by Product:
- Dish Antennas
- Switches
- Video Servers
- Encoders
- Transmitters and Repeaters
- Others
Breakup by Technology:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Analog Broadcasting
- Digital Broadcasting
Breakup by Application:
- Studio Production
- Post Production
- Sports Production
- News Production
Breakup by Region:
To get more information on the regional analysis of this market, Request Sample
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AvL Technologies, Belden Inc., Broadcast RF Limited, Clyde Broadcast, ETL Systems Ltd, Evertz, EVS Broadcast Equipment, General Dynamics Corporation, Global Invacom, Grass Valley, Sencore (Wellav Technologies Ltd.) and Telefonaktiebolaget LM Ericsson.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Billion |
Segment Coverage |
Product, Technology, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
AvL Technologies, Belden Inc., Broadcast RF Limited, Clyde Broadcast, ETL Systems Ltd, Evertz, EVS Broadcast Equipment, General Dynamics Corporation, Global Invacom, Grass Valley, Sencore (Wellav Technologies Ltd.) and Telefonaktiebolaget LM Ericsson |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |