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Broadcasting Equipment Market Research Report Information By Application (CATV, Direct Broadcasting Satellite, Terrestrial Television, IPTV, Radio), By Product (Encoders, Dish Antenna, Transmitter and repeater, Switch, Video Server, Amplifier, Modulator), And By Region (North America, Asia-Pacific, Europe, And Rest Of The World) –Market Forecast Till 2032


  • ID: MRFR/SEM/6176-CR
  • | Pages: 101
  • | Author: Ankit Gupta
  • | Publish Date: Apr 2023

Global Broadcasting Equipment Market Overview

Broadcasting Equipment Market Size was valued at USD 5.517 Billion in 2023. The Broadcasting Equipment industry is projected to grow from USD 5.853537 Billion in 2024 to USD 8.86 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.32% during the forecast period (2024 - 2032). An increase in the requirement for OTT services and advancement in broadcasting technology are the key market drivers enhancing market growth. Global Broadcasting Equipment Market Overview

 

Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review

Broadcasting Equipment Market Trends

OTT Service is driving the market growth

Market CAGR for the broadcasting equipment market is being driven by the increasing demand for OTT services. With the introduction of OTT platforms, content expending and audience viewing patterns are experiencing a remarkable shift. The initiative of providing audio/video data streaming by subscription-based digital content providers and OTT service providers has driven the market. The demand for technological and maintenance enhancement for multi-screen content distribution has propelled multiple production houses to shift to these platforms.

The number of devices utilized for accessing digital content has increased significantly, which enlarged the number of platforms in which users can approach streamed audio and video content. An OTT video delivery system includes numerous video servers that store and stream content according to the multiple formats defined by standards like HLS, HDS, HSS, and MPEG-DASH. The enormous increase in OTT services has enlarged the use of multiple broadcast equipment products, like SDI& HDSR encoders, video servers, etc. The surge in D2C offerings through OTT is propelling the utilization of cloud solutions.

The operators can acquire a hybrid approach to deliver OTT videos by using private cloud-based CDN solutions, a few components such as management systems, and the analytic, on-net streaming servers provides in-house to boost security and control. The streaming servers for off-net delivery are positioned outside the enterprise in the public cloud and closer to end-users for excellent performance.

The increase of media streaming services is highly inflamed by the surging requirements for subscription-based services, the expanding accessibility of region-specific content, and the creation of original content worldwide. All these drivers have been administering the service providers to alter their strategies and center their plans on improving the customer's experience.

Furthermore, the acquisition of mobile devices and cloud-based solutions with the growing inclusion of OTT-based platforms and amalgamation of artificial intelligence with machine learning to assist in the regulation of live streaming and bring up data regarding consumer usage patterns and collaboration in providing region-specific content has been propelling the market across many regions.

Furthermore, the commoditization of sports and entertainment has uplifted OTT streaming and become popular among millennials and Generation Z, owing to their increase in interest in sports and entertainment. Thus, driving the broadcasting equipment market revenue.

Broadcasting Equipment Market Segment Insights

Broadcasting Equipment Application Insights

The Broadcasting Equipment Market segmentation, based on application, includes CATV, Direct Broadcasting Satellite, Terrestrial Television, IPTV, and Radio. The Terrestrial Television segment stands for the largest share of the broadcast equipment market and is anticipated to grow at fastest rate and monopolized the market. The increased demand for IPTV and digital terrestrial broadcasting services, with already available terrestrial broadcasting and the increasing satellite broadcasting, has led to the growth in television broadcasting demand.

Broadcasting Equipment Product Insights

The Broadcasting Equipment Market segmentation, based on products, includes Encoders, Dish Antenna, Transmitter and repeaters, Switch, application Server, Amplifier, and Modulator. The encoders segment of products in broadcasting equipment holds the largest share, widely used for digital broadcasting. Surging demand for UHD content production and transmission is the key reason for its growth in the market. The increasing number of digital channels is expected to provide high growth opportunities for new and established broadcast equipment players.

Figure 1: Broadcasting Equipment Market, by Distribution Channel, 2022 & 2032 (USD billion)

Broadcasting Equipment Market, by Distribution Channel, 2022 & 2032

Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review

Broadcasting Equipment Market Regional Insights

By region, the study gives market insights into North America, Asia-Pacific, Europe, and the Rest of the World. The North American broadcasting equipment market area dominates the market and is estimated to hold the largest share by 2030 at a CAGR of 6%. The rapidly growing satellite and cable television channels, internet penetration, and rapid adoption of OTT have given broadcasters a chance to offer high-quality content to the viewers, thus driving the demand for broadcast equipment in this region.

Further, the countries studied in the market report are The U.S., Canada, German, the UK, Italy, Spain, China, Japan, India, France, Australia, South Korea, and Brazil.

Figure 2: BROADCASTING EQUIPMENT MARKET SHARE BY REGION 2022 (%)

BROADCASTING EQUIPMENT MARKET SHARE BY REGION 2022

Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review

Europe's broadcasting equipment market accounts for the second-largest market due to the increasing adoption of IoT devices and OTT subscriptions, internet penetration, and increased investment by a local vendor. Further, the Germany broadcasting equipment market held the largest market share, and the U.K. broadcasting equipment market was the fastest-growing market in the European Region.

The Asia-Pacific broadcasting equipment Market is expected to grow at a gradual rate. This region is the fastest adopter of high-speed internet; the development of new radio stations, OTT subscriptions, increase in demand for high-definition videos and audio are driving the market in this region. Further, the India broadcasting equipment market held the largest market share, and the China broadcasting equipment market was the fastest-growing market in the Region.

Broadcasting Equipment Key Market Players & Competitive Insights

Leading market companies are investing heavily in research and development in order to expand their product lines, which will help the weight loss products market grow even more. Market participants are also undertaking a many strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the broadcasting equipment industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business strategies used by manufacturers in the global broadcasting equipment industry to benefit clients and increase the market sector. In recent years, the broadcasting equipment industry has offered some of the most important advantages to broadcasting technology.

Major players in the broadcasting equipment market, including Cisco Systems Inc. (US), Eletec Broadcast Telecom SARL (France), Evertz Microsystems Ltd (Canada), Harmonic Inc. (US), Belden Inc. (US), Clyde Broadcast (UK), Global Invacom Group Limited (Singapore), Euro Media Group (France), Sencore (US), and others, are attempting to provide market demand by investing in broadcasting equipment.

CommScope is one of the top companies in the broadcasting equipment industry, and it holds the largest market share worldwide. The reason behind this is the company is the main manufacturer of transmitters and encoders, which is the main broadcasting equipment's component of broadcasting equipment. CommScope is also the provider of basic raw materials to different other companies worldwide. Moreover, they are focused on the development of products and launches, acquisitions, and partnerships with many SME companies to expand the broadcasting equipment market in its region.

In 2022, CommScope collaborated with Orange Belgiun company, which is a provider of telecommunication services. This partnership with Orange Belgiun, helped them provide the latest generation Android TV operating system set-up boxes to their customers, enhancing the streaming services and live television services. CommScope strategical partnership with Kaltura, which is a cloud-based video streaming service provider company, both companies were on a platform to provide Amazon Web Service-based streaming cloud TV service to media worldwide.

EVS Broadcast Equipment signed a contract with HBS AG in 2021, according to which HBS AG will be provided with Turkey solutions inclusive of all broadcasting equipment and services like live replay and production for FIFA World Cup 2022, which was held in Qatar. In May 2021, XtraMotion was launched by EVS Broadcast Equipment, which is a cloud-based solution that helps transform the quality and intensity of the end-users storytelling. XtraMotion with artificial technology was successfully tested for Fox Sports in the US for many sports events.

Key Companies in the broadcasting equipment market include

    • Cisco Systems Inc. (US
    • Evertz Microsystems Ltd (Canada)
    • Harmonic Inc. (US)
    • Belden Inc. (US)
    • Clyde Broadcast (UK)
    • Global Invacom Group Limited (Singapore)
    • Euro Media Group (France)
    • Sencore (US)

Broadcasting Equipment Market Developments

  • Q2 2024: Imagine Communications Launches New Selenio Network Processor for IP Video Workflows Imagine Communications announced the launch of its new Selenio Network Processor, designed to support advanced IP video workflows for broadcasters, enabling seamless transition from SDI to IP infrastructure.
  • Q2 2024: Sony Electronics Announces New Flagship 4K Broadcast Camera System Sony Electronics unveiled its latest flagship 4K broadcast camera system, targeting live sports and event production, with enhanced image quality and real-time HDR capabilities.
  • Q2 2024: Grass Valley Appoints Louis Hernandez Jr. as CEO Broadcast technology provider Grass Valley announced the appointment of Louis Hernandez Jr. as its new Chief Executive Officer, effective immediately.
  • Q2 2024: Avid Technology Completes Acquisition of NextGen Video Solutions Avid Technology completed the acquisition of NextGen Video Solutions, expanding its portfolio in cloud-based broadcast production and video editing tools.
  • Q3 2024: Blackmagic Design Opens New Manufacturing Facility in Singapore Blackmagic Design announced the opening of a new manufacturing facility in Singapore to increase production capacity for its broadcast and video equipment.
  • Q3 2024: Harmonic Wins Major Contract to Supply Video Delivery Infrastructure for European Broadcaster Harmonic secured a contract to supply advanced video delivery infrastructure to a leading European broadcaster, supporting next-generation OTT and linear TV services.
  • Q3 2024: Telestream Acquires Encoding.com to Expand Cloud Media Processing Capabilities Telestream announced the acquisition of Encoding.com, enhancing its cloud-based media processing and workflow automation offerings for broadcasters.
  • Q4 2024: Rohde & Schwarz Launches New ATSC 3.0 Transmitter for US Market Rohde & Schwarz introduced a new ATSC 3.0 transmitter designed for the US broadcast market, supporting advanced digital TV standards and interactive services.
  • Q4 2024: EVS Announces Strategic Partnership with AWS for Cloud-Based Live Production EVS entered a strategic partnership with Amazon Web Services (AWS) to deliver cloud-based live production solutions for broadcasters and media companies.
  • Q1 2025: Vizrt Group Raises $100 Million in Series C Funding to Accelerate Broadcast Graphics Innovation Vizrt Group secured $100 million in Series C funding to drive innovation in broadcast graphics and real-time video production technologies.
  • Q1 2025: Panasonic Connect Unveils New Remote Production Platform for Broadcasters Panasonic Connect launched a new remote production platform, enabling broadcasters to manage live events and content creation from distributed locations.
  • Q2 2025: Haivision Systems Wins Contract to Provide Video Streaming Solutions for Major Asian Sports Network Haivision Systems was awarded a contract to supply video streaming solutions for a major Asian sports network, supporting live event coverage and remote production.

Broadcasting Equipment Market Segmentation

Broadcasting Equipment Application Outlook

    • CATV
    • Direct Broadcasting Equipment Satellite
    • Terrestrial Television
    • IPTV
    • Radio

Broadcasting Equipment Product Outlook

    • Encoders
    • Dish Antenna
    • Transmitter and Repeater
    • Switch
    • Video Server
    • Amplifier
    • Modulator

Broadcasting Equipment  Regional Outlook

    • North America

      • US
      • Canada
    • Europe

      • Germany
      • France
      • UK
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific

      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • Rest of the World

      • Middle East

      • Africa

      • Latin America

Report Attribute/Metric Details
Market Size 2023 USD 5.517 billion
Market Size 2024 USD 5.853537 billion
Market Size 2032 USD 8.86 billion
Compound Annual Growth Rate (CAGR) 5.32% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2019- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Application, Product and Region
Geographies Covered Asia Pacific, North America, Europe, and the Rest of the World
Countries Covered The U.S., Canada, German, France, the UK, Italy, Spain, China, India, Australia, Japan, South Korea, and Brazil
Key Companies Profiled Cisco Systems Inc. (US), Eletec Broadcast Telecom SARL (France), Evertz Microsystems Ltd (Canada), Harmonic Inc. (US), Belden Inc. (US), Clyde Broadcast (UK), Global Invacom Group Limited (Singapore), Euro Media Group (France), Sencore (US).
Key Market Opportunities Application of AI-based technologies for broadcasting.
Key Market Dynamics Growing digitalization and internet penetration, robust IT infrastructure.


Frequently Asked Questions (FAQ):

The global weight loss products market size was valued at USD 5.517 Billion in 2023.

The global market is expected to grow at a CAGR of 5.32% during the forecast period, 2024-2032.

North America had largest share in the global market.

The key players in the market are Cisco Systems Inc. (US), Eletec Broadcast Telecom SARL (France), Evertz Microsystems Ltd (Canada), Harmonic Inc. (US), Belden Inc. (US), Clyde Broadcast (UK), Global Invacom Group Limited (Singapore), Euro Media Group (France), Sencore (US).

Terrestrial Television dominated the market in 2022.

The encoders had the largest share of the global market.

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