Trends Desk

Radio Transmitter Market - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Press Release   •   Jan 25, 2018 05:07 EST

Radio transmitter industry is relatively concentrated, manufacturers are mostly in the US and Europe Among them, Europe output value accounted for more than 42.75% of the total output value of global radio transmitter in 2016. Harris is the world leading manufacturer in global radio transmitter market with the market share of 10.53%, in terms of revenue.

Compared to 2015, radio transmitter market increased sales by 2.90 percent to 693.77 million USD worldwide in 2016 from 674.19 million USD in 2015. It shows that the radio transmitter market performance is positive, despite the weak economic environment.

The global radio transmitter market is expected to reach $717.50 million by 2021 from $693.77 million in 2016, growing at a CAGR of 0.67% from 2016 to 2021. And Europe market is expected to keep being the biggest market with revenue market share of 41.07% in 2021.

With the increasing in production capacity, expected that the radio transmitter raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of radio transmitter.

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