Global FMDAB+IPHDR Receiver Market Size By Type (FM, DAB/DAB+, IP, HDR), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
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
DAB radio uses digital signals to beam audio to you, which means you can often get way more radio stations for the same amount of space on the airwaves! Keep in mind that a Digital Audio Broadcasting (DAB) receiver is only good for DAB/DAB+ broadcasts. DAB's also smarter about using the airwaves than old-school FM, so it crams in more stations. Basically, digital radio takes sounds, turns them into digital code to send, and then your radio turns it back into sound – giving you almost CD-like quality. DAB is generally better at using the airwaves compared to FM, giving you more choices for the same bandwidth. However, if they skimp on the audio quality when broadcasting, the sound can sometimes be pretty bad.
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
Thanks to those big DAB radio promotions and the expanding DAB networks, you'll find most new cars in places like the United Kingdom, Norway, and Switzerland rocking DAB/DAB+ receivers these days. According to the global trade association focused on DAB, "The U.K. is really leading the charge with 82% of new cars having DAB as standard—that's a huge jump from just 4% five years back!" In Norway, it's around 73% of new cars, and Switzerland has 65% of vehicles with DAB+. Italy's at 24%, the Netherlands at 16%, France at 15%, Germany (FRG) at 13%, and Denmark at 5%, but those numbers are climbing every year.
We're missing some key tech – specifically, transmit diversity – that could really cut down on how much power we're using. Newer digital systems with smarter ways of sending signals could give us way better coverage too. Think about itDVB-T2 lite and DRM30/DRM+ have features that make the broadcast super reliable, something DAB+ is currently lacking. Now, DAB radio should give us way better sound than FM, but what's happening is stations are cranking down the bit rate (that's the data speed; higher = better sound) so they can squeeze more channels in. That's why you hear a lot of stations broadcasting in boring mono instead of stereo.
Let's face it, DAB has had a tough time. Between all the new tech popping up and changes in how broadcasting works, it hasn't been a smooth ride. It's not like radio is the only game in town for listening to carefully chosen tunes anymore. Now we have all sorts of "radio-like" options like streamed music and podcasts muscling in. You could even say, why bother replacing good old analog radio with something digital that's everywhere too? But, when you look at who's actually listening, good old free radio still wins big when it comes to how many people tune in and for how long. You can always check out more related information about this topic.
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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Okay, so when we're talking about the global market for FMDAB+IPHDR Receivers, we can break it down by typeFM, DAB/DAB+, IP, and HDR. Good old FM actually grabbed the biggest slice of the pie in 2021, a whopping 47.52% – that's about 137,743.84 K Units worth! And it's not going anywhere, projected to grow at a steady 5.57% each year. DAB/DAB+ was the runner-up in 2021, clocking in at 94,633.68 K Units, with a growth forecast of 8.63%. But get thisIP is the real rising star, expected to explode with an 8.83% growth rate! Now, what exactly is an FM Receiver? Well, it's essentially a device that grabs radio waves and turns them into something we can actually use. Think of it as an electronic translator. It uses an antenna to pick up the waves, electronic filters to isolate the signal you want, an amplifier to make it stronger, and finally, a demodulator to get the message across. And, FM itself? It's the workhorse of radio frequencies. You'll find it not just in FM radio, but also in things like telemetry, radar, even music synthesis and video transmission.
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
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