Market Overview:
The global DAB radio market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as technological advancements, increasing demand for portable radios and growing number of digital audio broadcasting (DAB) stations. Based on type, the global DAB radio market is segmented into portable radios, automotive radios and others. Portable radios are further sub-segmented into hand-held receivers and pocket receivers. The automotive radio segment is further sub-segmented into head units and sound systems. Others include home entertainment systems, clock radios etc. Based on application, the global DAB radio market is segmented into navigation applications, mobile TV applications and other applications such as music streaming services etc. Regionally, North America dominates the global DAB radio market followed by Europe and Asia Pacific respectively.
Product Definition:
DAB Radio is a digital audio broadcasting service that allows users to listen to radio stations without having to tune into an analog frequency. It's importance comes from the fact that it provides a higher quality listening experience than traditional FM radio, as well as offering more channels and content.
Portable Radio:
Portable radio is a device that can receive and transmit wireless signals using shortwave or medium waveband. These radios are mainly used for entertainment, news, music and other information by the users. The global portable radio market size was valued at USD 2.87 billion in 2015 owing to its rising demand among the young population who prefer listening to online streaming of audio content on their smartphones or tablets as well as laptops while traveling abroad or even just doing household chores away from home.
Automotive Radio:
Automotive radio is a term used for the electronic devices that are installed in vehicles to receive and transmit wireless messages. The automotive radio can be connected to multiple devices such as music players, Bluetooth, hands-free calling etc. In DAB (Digital Audio Broadcasting) radio market, it is used for receiving digital signals from broadcasting stations over AM & FM frequencies.
DAB Radio Market By Region: Europe (U.K.
Application Insights:
The navigation application segment dominated the global DAB radio market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for smartphones, which has resulted in an increased number of users accessing digital radio services. Moreover, a rise in the adoption of automotive radios is expected to drive this segment over the forecast period.
Mobile TV application is anticipated to grow at a significant rate over the forecast period owing to its rising penetration and growing preference for listening to music through mobile phones as opposed with traditional set-top boxes (STB). STB provides limited access options while mobile TV offers full flexibility allowing users access various audio and video on demand (AOD) channels through different providers across different countries.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The growth can be attributed to the rising adoption of digital audio broadcasting (DAB) technology across the region. DAB is a digital radio standard developed by European broadcasters and manufacturers, which offers better sound quality than conventional AM or FM radio broadcasts. Moreover, it enables listeners to choose from a wider range of channels and get detailed information about each station as well as its genre.
Asia Pacific is anticipated to register substantial CAGR during the forecast period owing to growing penetration of DAB radios coupled with increasing number of service providers offering customized solutions for specific markets across various countries within Asia Pacific region including China, Japan, South Korea, Australia among others).
Growth Factors:
- Increased penetration of digital radios in the automotive sector
- The increasing popularity of portable DAB radios
- The launch of new DAB-only stations and services
- Growing demand for multicast audio services
- Improved coverage and reception
Scope Of The Report
Report Attributes
Report Details
Report Title
DAB Radio Market Research Report
By Type
Portable Radio, Automotive Radio, Others
By Application
Navigation Application, Mobile TV Application
By Companies
Sangean, ANJAN, Panasonic, Muzen Audio, Sony, Tecsun, PHILIPS, GOLDYIP, Degen, PANDA, Kaito, Insignia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global DAB Radio Market Report Segments:
The global DAB Radio market is segmented on the basis of:
Types
Portable Radio, Automotive Radio, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Navigation Application, Mobile TV Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sangean
- ANJAN
- Panasonic
- Muzen Audio
- Sony
- Tecsun
- PHILIPS
- GOLDYIP
- Degen
- PANDA
- Kaito
- Insignia
Highlights of The DAB Radio Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Radio
- Automotive Radio
- Others
- By Application:
- Navigation Application
- Mobile TV Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DAB Radio Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DAB Radio is a digital radio broadcasting technology that uses the same frequencies as FM radio, but with improved transmission quality. DAB allows more channels to be broadcast simultaneously than traditional FM, making it better suited for high-density urban areas.
Some of the major players in the dab radio market are Sangean, ANJAN, Panasonic, Muzen Audio, Sony, Tecsun, PHILIPS, GOLDYIP, Degen, PANDA, Kaito, Insignia.
The dab radio market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DAB Radio Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 DAB Radio Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DAB Radio Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the DAB Radio Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global DAB Radio Market Size & Forecast, 2018-2028
4.5.1 DAB Radio Market Size and Y-o-Y Growth
4.5.2 DAB Radio Market Absolute $ Opportunity
Chapter 5 Global DAB Radio Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 DAB Radio Market Size Forecast by Type
5.2.1 Portable Radio
5.2.2 Automotive Radio
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global DAB Radio Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 DAB Radio Market Size Forecast by Applications
6.2.1 Navigation Application
6.2.2 Mobile TV Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DAB Radio Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 DAB Radio Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America DAB Radio Analysis and Forecast
9.1 Introduction
9.2 North America DAB Radio Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America DAB Radio Market Size Forecast by Type
9.6.1 Portable Radio
9.6.2 Automotive Radio
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America DAB Radio Market Size Forecast by Applications
9.10.1 Navigation Application
9.10.2 Mobile TV Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe DAB Radio Analysis and Forecast
10.1 Introduction
10.2 Europe DAB Radio Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe DAB Radio Market Size Forecast by Type
10.6.1 Portable Radio
10.6.2 Automotive Radio
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe DAB Radio Market Size Forecast by Applications
10.10.1 Navigation Application
10.10.2 Mobile TV Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific DAB Radio Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific DAB Radio Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific DAB Radio Market Size Forecast by Type
11.6.1 Portable Radio
11.6.2 Automotive Radio
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific DAB Radio Market Size Forecast by Applications
11.10.1 Navigation Application
11.10.2 Mobile TV Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America DAB Radio Analysis and Forecast
12.1 Introduction
12.2 Latin America DAB Radio Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America DAB Radio Market Size Forecast by Type
12.6.1 Portable Radio
12.6.2 Automotive Radio
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America DAB Radio Market Size Forecast by Applications
12.10.1 Navigation Application
12.10.2 Mobile TV Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) DAB Radio Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) DAB Radio Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) DAB Radio Market Size Forecast by Type
13.6.1 Portable Radio
13.6.2 Automotive Radio
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) DAB Radio Market Size Forecast by Applications
13.10.1 Navigation Application
13.10.2 Mobile TV Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 DAB Radio Market: Competitive Dashboard
14.2 Global DAB Radio Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sangean
14.3.2 ANJAN
14.3.3 Panasonic
14.3.4 Muzen Audio
14.3.5 Sony
14.3.6 Tecsun
14.3.7 PHILIPS
14.3.8 GOLDYIP
14.3.9 Degen
14.3.10 PANDA
14.3.11 Kaito
14.3.12 Insignia
