Broadcast Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Broadcast Equipment Market
The broadcast equipment market size was valued at USD 5.71 billion in 2021, and the market is now projected to grow from USD 6.24 billion in 2022 to USD 19.40 billion by 2029, exhibiting a CAGR of 17.6% during the forecast period of 2021-2029.
Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the broadcast equipment market growth. Additionally, manpower shortages affected manufacturing plants and slowed production due to movement restrictions and lockdowns in several regions. Stopped providing on-site maintenance and installations market growth sputtered amid the pandemic.
OTT Services' emergence to advance the broadcast equipment market growth during forecast period. The majority of consumers of online video and audio content in developing nations are turning to the internet and over-the-top (OTT) platforms to watch a variety of online series, movies, and listen to podcasts and music. For viewers, over-the-top audio and video services become a part of their everyday lives. The market is driven internationally by the growing number of online viewers and the growing need for alluring OTT platform subscription plans.
Technological development in broadcasting to drive broadcast equipment market growth during forecast period. The future of broadcasting technology was genuinely altered by consumers' cooperative usage of cellphones' satellite broadcasting and internet capabilities. End consumers have numerous possibilities for exploring content on servers, even if technological advancements are still ongoing with the growth of television and the internet. In general, the majority of individuals watch news and other series on television via satellite. The broadcast sector was transformed by satellite technology, which had several beneficial effects. Without being restricted by national boundaries, one can travel the world and still access their favorite content. Customers can choose to advance and rewind material when using the internet and satellite, which improves the user experience. The global market for broadcast equipment is being driven by the continuous advancements in the broadcasting industry.
Comprehensive Analysis of Broadcast Equipment Market
The broadcast equipment market and semiconductor & electronics industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the pharmacy benefit management industry. These segmentations are methodically segregated by technology, by application and by equipment. The Technology segmentations include Analog Broadcast, Digital Broadcast, By Application segmentations include Television and Radio, By Equipment segmentations include Dish Antennas, Switches, Video Servers, Encoders, Transmitters and Repeaters, Other.
The Asia Pacific region lead the broadcast equipment market by benefitting a market size of USD 3.01 billion in 2021 due to advancement in OTT Services' emergence, Technological development in broadcasting and increasing usage of dish antennas and video servers in both the business and individual consumer sectors.
The top players in the market play a crucial role in the semiconductor & electronics industry assuring industrial prospectus growth and setting market standards. These players include, CommScop (U.S.), Evertz Microsystems Ltd. (Canada), Global Invacom Group Limited (Singapore), EVS Broadcast Equipment (Canada), AvL Technologies Inc. (U.S.), ACORDE Technologies S.A (Spain), ETL Systems Ltd. (U.K.), Clyde Broadcast (U.S.), Sencore (U.S.), Eletec Broadcast Telecom S.A.R.L (France), these market players provide a level-playing competitive landscape.
In April 2022, Residential network solution provider CommScope partnered with television service provider Orange Belgiun, a telecommunications service provider. Orange Belgium is able to provide its clients the newest Android TV operating system-based setup box thanks to this strategic relationship. It is contributing to the improvement of both live television and streaming services.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD Billion)
Segmentation
By Technology
Analog Broadcasting
Digital broadcasting
By Application
Television
Radio
By Equipment
Dish Antennas
Switches
Video Servers
Encoders
Transmitters and Repeaters
Other
By Region
North America (By Technology, Application, Equipment & Country)
- U.S. (By Equipment)
- Canada (By Equipment)
- Mexico (By Equipment)
- U.K. (By Equipment)
- Germany (By Equipment)
- France (By Equipment)
- Italy (By Equipment)
- Spain (By Equipment)
- Russia (By Equipment)
- Benelux (By Equipment)
- Nordics (By Equipment)
- Rest of Europe (By Equipment)
- China (By Equipment)
- India (By Equipment)
- Japan (By Equipment)
- South Korea (By Equipment)
- ASEAN (By Equipment)
- Oceania (By Equipment)
- Rest of Asia Pacific (By Equipment)
- Turkey (By Equipment)
- Israel (By Equipment)
- GCC (By Equipment)
- North Africa (By Equipment)
- South Africa (By Equipment)
- Rest of the Middle East and Africa (By Equipment)
- Brazil (By Equipment)
- Argentina (By Equipment)
- Rest of South America (By Equipment)
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Broadcast Equipment Key Players Market Share Insights and Analysis, 2021
- 5. Global Broadcast Equipment Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 5.1.
- 5.1.1. Key Findings
- 5.1.2. By Technology (USD Bn)
- 5.1.2.1. Analog Broadcast
- 5.1.2.2. Digital Broadcast
- 5.1.3. By Application (USD Bn)
- 5.1.3.1. Television
- 5.1.3.2. Radio
- 5.1.4. By Equipment (USD Bn)
- 5.1.4.1. Dish Antennas
- 5.1.4.2. Switches
- 5.1.4.3. Video Servers
- 5.1.4.4. Encoders
- 5.1.4.5. Transmitters and Repeaters
- 5.1.4.6. Other
- 5.1.5. By Region (USD Bn)
- 5.1.5.1. North America
- 5.1.5.2. Europe
- 5.1.5.3. Asia Pacific
- 5.1.5.4. Middle East & Africa
- 5.1.5.5. South America
- 6. North America Broadcast Equipment Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 6.1.
- 6.1.1. Key Findings
- 6.1.2. By Technology (USD Bn)
- 6.1.2.1. Analog Broadcast
- 6.1.2.2. Digital Broadcast
- 6.1.3. By Application (USD Bn)
- 6.1.3.1. Television
- 6.1.3.2. Radio
- 6.1.4. By Equipment (USD Bn)
- 6.1.4.1. Dish Antennas
- 6.1.4.2. Switches
- 6.1.4.3. Video Servers
- 6.1.4.4. Encoders
- 6.1.4.5. Transmitters and Repeaters
- 6.1.4.6. Other
- 6.1.5. By Country (USD Bn)
- 6.1.5.1. U.S.
- 6.1.5.1.1. By Equipment
- 6.1.5.1.1.1. Dish Antennas
- 6.1.5.1.1.2. Switches
- 6.1.5.1.1.3. Video Servers
- 6.1.5.1.1.4. Encoders
- 6.1.5.1.1.5. Transmitters and Repeaters
- 6.1.5.1.1.6. Other
- 6.1.5.2. Canada
- 6.1.5.2.1. By Equipment
- 6.1.5.2.1.1. Dish Antennas
- 6.1.5.2.1.2. Switches
- 6.1.5.2.1.3. Video Servers
- 6.1.5.2.1.4. Encoders
- 6.1.5.2.1.5. Transmitters and Repeaters
- 6.1.5.2.1.6. Other
- 6.1.5.3. Mexico
- 6.1.5.3.1. By Equipment
- 6.1.5.3.1.1. Dish Antennas
- 6.1.5.3.1.2. Switches
- 6.1.5.3.1.3. Video Servers
- 6.1.5.3.1.4. Encoders
- 6.1.5.3.1.5. Transmitters and Repeaters
- 6.1.5.3.1.6. Other
- 7. Europe Broadcast Equipment Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 7.1.
- 7.1.1. Key Findings
- 7.1.2. By By Technology (USD Bn)
- 7.1.2.1. Analog Broadcast
- 7.1.2.2. Digital Broadcast
- 7.1.3. By Application (USD Bn)
- 7.1.3.1. Television
- 7.1.3.2. Radio
- 7.1.4. By Equipment (USD Bn)
- 7.1.4.1. Dish Antennas
- 7.1.4.2. Switches
- 7.1.4.3. Video Servers
- 7.1.4.4. Encoders
- 7.1.4.5. Transmitters and Repeaters
- 7.1.4.6. Other
- 7.1.5. By Country (USD Bn)
- 7.1.5.1. U.K.
- 7.1.5.1.1. By Equipment
- 7.1.5.1.1.1. Dish Antennas
- 7.1.5.1.1.2. Switches
- 7.1.5.1.1.3. Video Servers
- 7.1.5.1.1.4. Encoders
- 7.1.5.1.1.5. Transmitters and Repeaters
- 7.1.5.1.1.6. Other
- 7.1.5.2. Germany
- 7.1.5.2.1. By Equipment
- 7.1.5.2.1.1. Dish Antennas
- 7.1.5.2.1.2. Switches
- 7.1.5.2.1.3. Video Servers
- 7.1.5.2.1.4. Encoders
- 7.1.5.2.1.5. Transmitters and Repeaters
- 7.1.5.2.1.6. Other
- 7.1.5.3. France
- 7.1.5.3.1. By Equipment
- 7.1.5.3.1.1. Dish Antennas
- 7.1.5.3.1.2. Switches
- 7.1.5.3.1.3. Video Servers
- 7.1.5.3.1.4. Encoders
- 7.1.5.3.1.5. Transmitters and Repeaters
- 7.1.5.3.1.6. Other
- 7.1.5.4. Italy
- 7.1.5.4.1. By Equipment
- 7.1.5.4.1.1. Dish Antennas
- 7.1.5.4.1.2. Switches
- 7.1.5.4.1.3. Video Servers
- 7.1.5.4.1.4. Encoders
- 7.1.5.4.1.5. Transmitters and Repeaters
- 7.1.5.4.1.6. Other
- 7.1.5.5. Spain
- 7.1.5.5.1. By Equipment
- 7.1.5.5.1.1. Dish Antennas
- 7.1.5.5.1.2. Switches
- 7.1.5.5.1.3. Video Servers
- 7.1.5.5.1.4. Encoders
- 7.1.5.5.1.5. Transmitters and Repeaters
- 7.1.5.5.1.6. Other
- 7.1.5.6. Russia
- 7.1.5.6.1. By Equipment
- 7.1.5.6.1.1. Dish Antennas
- 7.1.5.6.1.2. Switches
- 7.1.5.6.1.3. Video Servers
- 7.1.5.6.1.4. Encoders
- 7.1.5.6.1.5. Transmitters and Repeaters
- 7.1.5.6.1.6. Other
- 7.1.5.7. Benelux
- 7.1.5.7.1. By Equipment
- 7.1.5.7.1.1. Dish Antennas
- 7.1.5.7.1.2. Switches
- 7.1.5.7.1.3. Video Servers
- 7.1.5.7.1.4. Encoders
- 7.1.5.7.1.5. Transmitters and Repeaters
- 7.1.5.7.1.6. Other
- 7.1.5.8. Nordics
- 7.1.5.8.1. By Equipment
- 7.1.5.8.1.1. Dish Antennas
- 7.1.5.8.1.2. Switches
- 7.1.5.8.1.3. Video Servers
- 7.1.5.8.1.4. Encoders
- 7.1.5.8.1.5. Transmitters and Repeaters
- 7.1.5.8.1.6. Other
- 7.1.5.9. Rest of Europe
- 8. Asia Pacific Broadcast Equipment Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 8.1.
- 8.1.1. Key Findings
- 8.1.2. By Technology (USD Bn)
- 8.1.2.1. Analog Broadcast
- 8.1.2.2. Digital Broadcast
- 8.1.3. By Application (USD Bn)
- 8.1.3.1. Television
- 8.1.3.2. Radio
- 8.1.4. By Equipment (USD Bn)
- 8.1.4.1. Dish Antennas
- 8.1.4.2. Switches
- 8.1.4.3. Video Servers
- 8.1.4.4. Encoders
- 8.1.4.5. Transmitters and Repeaters
- 8.1.4.6. Other
- 8.1.5. By Country (USD Bn)
- 8.1.5.1. China
- 8.1.5.1.1. By Equipment
- 8.1.5.1.1.1. Dish Antennas
- 8.1.5.1.1.2. Switches
- 8.1.5.1.1.3. Video Servers
- 8.1.5.1.1.4. Encoders
- 8.1.5.1.1.5. Transmitters and Repeaters
- 8.1.5.1.1.6. Other
- 8.1.5.2. India
- 8.1.5.2.1. By Equipment
- 8.1.5.2.1.1. Dish Antennas
- 8.1.5.2.1.2. Switches
- 8.1.5.2.1.3. Video Servers
- 8.1.5.2.1.4. Encoders
- 8.1.5.2.1.5. Transmitters and Repeaters
- 8.1.5.2.1.6. Other
- 8.1.5.3. Japan
- 8.1.5.3.1. By Equipment
- 8.1.5.3.1.1. Dish Antennas
- 8.1.5.3.1.2. Switches
- 8.1.5.3.1.3. Video Servers
- 8.1.5.3.1.4. Encoders
- 8.1.5.3.1.5. Transmitters and Repeaters
- 8.1.5.3.1.6. Other
- 8.1.5.4. South Korea
- 8.1.5.4.1. By Equipment
- 8.1.5.4.1.1. Dish Antennas
- 8.1.5.4.1.2. Switches
- 8.1.5.4.1.3. Video Servers
- 8.1.5.4.1.4. Encoders
- 8.1.5.4.1.5. Transmitters and Repeaters
- 8.1.5.4.1.6. Other
- 8.1.5.5. ASEAN
- 8.1.5.5.1. By Equipment
- 8.1.5.5.1.1. Dish Antennas
- 8.1.5.5.1.2. Switches
- 8.1.5.5.1.3. Video Servers
- 8.1.5.5.1.4. Encoders
- 8.1.5.5.1.5. Transmitters and Repeaters
- 8.1.5.5.1.6. Other
- 8.1.5.6. Ocenia
- 8.1.5.6.1. By Equipment
- 8.1.5.6.1.1. Dish Antennas
- 8.1.5.6.1.2. Switches
- 8.1.5.6.1.3. Video Servers
- 8.1.5.6.1.4. Encoders
- 8.1.5.6.1.5. Transmitters and Repeaters
- 8.1.5.6.1.6. Other
- 8.1.5.7. Rest of Asia Pacific
- 9. Middle East and Africa Broadcast Equipment Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 9.1.
- 9.1.1. Key Findings
- 9.1.2. By Technology (USD Bn)
- 9.1.2.1. Analog Broadcast
- 9.1.2.2. Digital Broadcast
- 9.1.3. By Application (USD Bn)
- 9.1.3.1. Television
- 9.1.3.2. Radio
- 9.1.4. By Equipment (USD Bn)
- 9.1.4.1. Dish Antennas
- 9.1.4.2. Switches
- 9.1.4.3. Video Servers
- 9.1.4.4. Encoders
- 9.1.4.5. Transmitters and Repeaters
- 9.1.4.6. Other
- 9.1.5. By Country (USD Bn)
- 9.1.5.1. Turkey
- 9.1.5.1.1. By Equipment
- 9.1.5.1.1.1. Dish Antennas
- 9.1.5.1.1.2. Switches
- 9.1.5.1.1.3. Video Servers
- 9.1.5.1.1.4. Encoders
- 9.1.5.1.1.5. Transmitters and Repeaters
- 9.1.5.1.1.6. Other
- 9.1.5.2. Israel
- 9.1.5.2.1. By Equipment
- 9.1.5.2.1.1. Dish Antennas
- 9.1.5.2.1.2. Switches
- 9.1.5.2.1.3. Video Servers
- 9.1.5.2.1.4. Encoders
- 9.1.5.2.1.5. Transmitters and Repeaters
- 9.1.5.2.1.6. Other
- 9.1.5.3. North Africa
- 9.1.5.3.1. By Equipment
- 9.1.5.3.1.1. Dish Antennas
- 9.1.5.3.1.2. Switches
- 9.1.5.3.1.3. Video Servers
- 9.1.5.3.1.4. Encoders
- 9.1.5.3.1.5. Transmitters and Repeaters
- 9.1.5.3.1.6. Other
- 9.1.5.4. GCC
- 9.1.5.4.1. By Equipment
- 9.1.5.4.1.1. Dish Antennas
- 9.1.5.4.1.2. Switches
- 9.1.5.4.1.3. Video Servers
- 9.1.5.4.1.4. Encoders
- 9.1.5.4.1.5. Transmitters and Repeaters
- 9.1.5.4.1.6. Other
- 9.1.5.5. South Africa
- 9.1.5.5.1. By Equipment
- 9.1.5.5.1.1. Dish Antennas
- 9.1.5.5.1.2. Switches
- 9.1.5.5.1.3. Video Servers
- 9.1.5.5.1.4. Encoders
- 9.1.5.5.1.5. Transmitters and Repeaters
- 9.1.5.5.1.6. Other
- 9.1.5.6. Rest of MEA
- 10. South America Broadcast Equipment Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 10.1.
- 10.1.1. Key Findings
- 10.1.2. By Technology (USD Bn)
- 10.1.2.1. Analog Broadcast
- 10.1.2.2. Digital Broadcast
- 10.1.3. By Application (USD Bn)
- 10.1.3.1. Television
- 10.1.3.2. Radio
- 10.1.4. By Equipment (USD Bn)
- 10.1.4.1. Dish Antennas
- 10.1.4.2. Switches
- 10.1.4.3. Video Servers
- 10.1.4.4. Encoders
- 10.1.4.5. Transmitters and Repeaters
- 10.1.4.6. Other
- 10.1.5. By Country (USD Bn)
- 10.1.5.1. Brazil
- 10.1.5.1.1.
- 10.1.5.1.1.1. Dish Antennas
- 10.1.5.1.1.2. Switches
- 10.1.5.1.1.3. Video Servers
- 10.1.5.1.1.4. Encoders
- 10.1.5.1.1.5. Transmitters and Repeaters
- 10.1.5.1.1.6. Other
- 10.1.5.2. Argentina
- 10.1.5.2.1. By Equipment
- 10.1.5.2.1.1. Dish Antennas
- 10.1.5.2.1.2. Switches
- 10.1.5.2.1.3. Video Servers
- 10.1.5.2.1.4. Encoders
- 10.1.5.2.1.5. Transmitters and Repeaters
- 10.1.5.2.1.6. Other
- 10.1.5.3. Colombia
- 10.1.5.3.1. By Equipment
- 10.1.5.3.1.1. Dish Antennas
- 10.1.5.3.1.2. Switches
- 10.1.5.3.1.3. Video Servers
- 10.1.5.3.1.4. Encoders
- 10.1.5.3.1.5. Transmitters and Repeaters
- 10.1.5.3.1.6. Other
- 10.1.5.4. Rest of South America
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Evertz Microsystems Ltd.
- 11.1.1. Overview
- 11.1.2. Offerings/Business Segments
- 11.1.3. Employee Size
- 11.1.4. Key Financials
- 11.1.5. Recent Developments
- 11.2. Global Invacom Group Limited
- 11.2.1. Overview
- 11.2.2. Offerings/Business Segments
- 11.2.3. Employee Size
- 11.2.4. Key Financials
- 11.2.5. Recent Developments
- 11.3. Cisco Systems, Inc.
- 11.3.1. Overview
- 11.3.2. Offerings/Business Segments
- 11.3.3. Employee Size
- 11.3.4. Key Financials
- 11.3.5. Recent Developments
- 11.4. CommScope
- 11.4.1. Overview
- 11.4.2. Offerings/Business Segments
- 11.4.3. Employee Size
- 11.4.4. Key Financials
- 11.4.5. Recent Developments
- 11.5. AvL Technologies Inc.
- 11.5.1. Overview
- 11.5.2. Offerings/Business Segments
- 11.5.3. Employee Size
- 11.5.4. Key Financials
- 11.5.5. Recent Developments
- 11.6. ACORDE Technologies S.A.
- 11.6.1. Overview
- 11.6.2. Offerings/Business Segments
- 11.6.3. Employee Size
- 11.6.4. Key Financials
- 11.6.5. Recent Developments
- 11.7. ETL Systems Ltd.
- 11.7.1. Overview
- 11.7.2. Offerings/Business Segments
- 11.7.3. Employee Size
- 11.7.4. Key Financials
- 11.7.5. Recent Developments
- 11.8. Sencore
- 11.8.1. Overview
- 11.8.2. Offerings/Business Segments
- 11.8.3. Employee Size
- 11.8.4. Key Financials
- 11.8.5. Recent Developments
- 11.9. EVS Broadcast Equipment
- 11.9.1. Overview
- 11.9.2. Offerings/Business Segments
- 11.9.3. Employee Size
- 11.9.4. Key Financials
- 11.9.5. Recent Developments
- 11.10. Eletec Broadcast Telecom S.A.R.L
- 11.10.1. Overview
- 11.10.2. Offerings/Business Segments
- 11.10.3. Employee Size
- 11.10.4. Key Financials
- 11.10.5. Recent Developments
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