
Published On: Dec 2021
Published On: Dec 2021
According to a new market research study on “Europe DAB Transmitter Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and End User” is expected to reach US$ 79.73 Million by 2028 from US$ 55.09 Million in 2021.The market is estimated to grow at a CAGR of 5.4% from 2021 to 2028. The report provides trends prevailing in the Europe DAB Transmitter market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the increased coverage of dab over analogue radios and efficient program transmission feature of dab transmitters are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the high cost of dab transmitters due to technological superiority.
Since the COVID-19 outbreak has severely impacted overall budgets, many European countries are likely to reduce their expenditures in the near term, bringing down the overall European average. Impact on the procurement programs and research & development (R&D) activities is anticipated to significantly affect the DAB transmitters market in the region in the coming years. The consumer electronics sector in the European Union is anticipated to see the sharpest drop in demand and a wider performance gap over time due to the shifting demand patterns, business shutdowns, unemployment, and unprecedented drops in gross domestic product (GDP) across many countries. Broadcasters and network operators are delaying investments to control expenditures, which is hampering the Europe DAB transmitters market growth.
The market for DAB Transmitter market is segmented into type and end user. Based on type, the dab transmitter market is segmented into low power dab transmitters, medium power dab transmitters, and high power dab transmitters. In 2020, Medium power DAB transmitters are the part of the medium frequency (MF) radio band used mainly for AM radio broadcasting. Growing demand from network operators to reduce operating costs, energy costs, ensure service quality, and even transmission downtime penalties is significantly bolstering the growth of the segment. Also, the medium power dab is estimated to register the highest CAGR during the forecast period.
Electrolink S.R.L.; Elenos S.R.L.; Eletec Radio Broadcasting Equipment and Transmitters; Elti D.O.O.; Gatesair, Inc.; RFE Broadcast; Rohde And Schwarz.; Screen Future S.R.L.; SyES S.r.l.; and Unique Broadband Systems A Dol Technologies Inc is among the leading companies in the Europe DAB Transmitter market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The market for DAB Transmitter market is segmented into type and end user. Based on type, the DAB Transmitter market is segmented into low power dab transmitters, medium power dab transmitters, and high power dab transmitters. Based on end user, the DAB Transmitter market is segmented into Broadcasters and Network Operators. Based on country, the DAB Transmitter market is segmented into (Europe France, Germany, Italy, UK, Russia and Rest of Europe).
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