Global FMDAB+IPHDR Receiver Market Size By Type (FM, DAB/DAB+, IP, HDR), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global FMDAB+IPHDR Receiver Market Size By Type (FM, DAB/DAB+, IP, HDR), By Geographic Scope And Forecast
FMDAB+IPHDR Receiver Market Size And Forecast
FMDAB+IPHDR Receiver Market size was valued at USD 289,874 Million in 2021 and is projected to reach USD 512,391 Million by 2030, growing at a CAGR of 7.26% from 2023 to 2030.
Increasing penetration of cars with Built-In Dab+ Receivers and the growing popularity of digital audio broadcasting services among individual consumers globally are boosting the growth of the market. The Global FMDAB+IPHDR Receiver Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global FMDAB+IPHDR Receiver Market Definition
A DAB broadcast uses digital radio signals to broadcast audio and can offer more radio stations for the same bandwidth. A Digital Audio Broadcasting (DAB) receiver can only receive a DAB/DAB+ radio broadcast. DAB is more efficient in its spectrum than analog FM radio and thus may offer more radio services for an equivalent bandwidth. Digital radio works by turning sound into digital signals for transmission and decoding them at the opposite end using digital radio receivers; the result’s close-to-CD-quality sound output. DAB is usually more efficient in its use of spectrum than analog FM radio and thus offers more radio services for an equivalent given bandwidth. The sound quality is often noticeably inferior if the bit rate allocated to every audio program isn’t sufficient.
A newer version of DAB broadcast called the DAB+ has started in many countries and many new DAB receivers are manufactured to work with DAB+, but the older ones can’t. However, the newer DAB+ receivers are backward compatible and can receive DAB broadcasts also. DAB is a digital method of delivering radio services from the studio to the receiver. It promises to provide the sound of compact-disk quality, nearly free from multipath distortion or other transmission interferences; moreover, very well suited for mobile reception and gives very high robustness against multipath reception.
Most system components, such as perceptual audio coding, channel coding, modulation, multiplex management, or data transmission protocols, are new solutions and typically not so familiar to the expert in existing analog or digital broadcast systems. The conversion to digital form and the all-important steps in reducing the number of bits that must be transmitted is achieved by a type of perceptual coding that relies on masking properties of the human hearing system.
Global FMDAB+IPHDR Receiver Market Overview
As Boosted by DAB radio promotional campaigns and, therefore, the rollout of DAB networks in their countries, most new cars sold within the United Kingdom, Norway, and Switzerland are currently equipped with DAB/DAB+ receivers. “In terms of country-level adoption, the U.K. is setting the pace with 82 % of the latest cars as well as DAB as usual — up from 4 % five years ago; the global trade association responsible for shaping DAB technical standards and promoting DAB worldwide. “In Norway, 73 % of new cars have DAB; in Switzerland, 65 % of vehicles with DAB+. The record of DAB/DAB+ radios in new cars stands at 24% in Italy, 16 % in the Netherlands, 15 % in France, 13 % in FRG, and 5 % in Denmark — with penetration rates increasing annually.
There is a lack of transmission technology – transmit diversity – which will reduce power demand. Other developed digital systems with more modern transmission features could significantly improve coverage. Incredibly DVB-T2 lite and DRM30/DRM+ have several features that will enhance the robustness of transmission, which DAB+ today is missing. DAB radio has the potential to provide listeners with better sound quality than FM radio, but in reality, the bit rate (the amount of data sent per second; the higher the bit rate, the higher the sound quality) of stations is minimized to allowing more stations to be broadcast at once. Many stations broadcast in mono rather than stereo for the same reason.
Over the years, broader technological developments, as well as changes in broadcasting policy and regulatory environments, have not made life easy for the proponents of DAB. The consumption of curated audio content is no longer almost entirely the preserve of radio broadcasting alone. Traditional radio has now been joined by various alternative “radio-Esque” platforms, including streamed audio and podcasts. It could be argued that such developments negate the need to replace traditional analog broadcasting platforms with a digital alternative of similar ubiquity. However, when it comes to audiences, the consumption of conventional free-to-air radio continues to dominate in terms of absolute audience numbers and listening hours.
Global FMDAB+IPHDR Receiver MarketSegmentation Analysis
The Global FMDAB+IPHDR Receiver Market is segmented on the basis of Type, and Region.
FMDAB+IPHDR Receiver Market, By Type
• FM• DAB/DAB+• IP• HDR
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On the basis of Type, Global FMDAB+IPHDR Receiver Market has been segmented into FM, DAB/DAB+, IP, HDR. FM accounted for the largest market share of 47.52% in 2021, with a market value of 137,743.84 K Units and is projected to grow at a CAGR of 5.57% during the forecast period. DAB/DAB+ was the second-largest market in 2021, valued at 94,633.68 K Units 2021; it is projected to grow at a CAGR of 8.63%. However, IP is projected to grow at the highest CAGR of 8.83%. An FM Receiver is a radio communication device. FM receiver is an electronic device that receives radio waves and transforms the information carried by them into a usable form. To capture the desired frequency waves, an antenna is used. The receiver uses electronic filters to separate the desired signal from all other signals picked up by the antenna, an electronic amplifier to boost the signal’s power for further processing, and finally, demodulation to recover the desired information. FM is the most widely used radio frequency. FM radio broadcasting makes extensive use of frequency modulation. It is also used in telemetry, radar, two-way radio communication systems, music synthesis, magnetic tape-recording systems, and video transmission systems.
FMDAB+IPHDR Receiver Market, By Geography
• North America• Europe• Asia Pacific• Latin America• Middle East & Africa
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On the basis of Geography, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for the largest market share of 32.70% in 2021, with a market value of 94,776.09 K Units and is projected to grow at the highest CAGR of 8.18% during the forecast period. Europe was the second-largest market in 2021, valued at 84,090.66 K Units in 2021; it is projected to grow at a CAGR of 6.86%.
Key Players
The “Global FMDAB+IPHDR Receiver Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Sony, Kaito, C. Crane Company, Sangean, Tivoli Audio, and others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• Sony Electronics Inc. announced the new launch of the XAV-AX6000 and XAV-AX4000 as the latest additions to its line of car AV receivers.Both AV receivers now include new key features such as fully wireless smartphone conversion, allowing drivers to use voice control for navigation or music while driving even if their device is in their pocket.
• Sangean launched two new radiosThe WR-7 and DDR-7 are two new DAB+ radios available from Sangean. Both receivers, which are part of Sangean’s mini series.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2022-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Sony, Kaito, C. Crane Company, Sangean, Tivoli Audio, and others. |
SEGMENTS COVERED | Type, and Region. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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