QYResearch: The global radio transmitter market is expected to reach $717.50 million by 2021

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A radio transmitter is an electronic device which, when connected to an antenna, produces an electromagnetic signal such as in radio and television broadcasting, two way communications or radar.

Heating devices, such as a microwave oven, although of similar design, are not usually called transmitters, in that they use the electromagnetic energy locally rather than transmitting it to another location.

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A radio transmitter is usually part of a radio communication system which uses electromagnetic waves (radio waves) to transport information (in this case sound) over a distance.

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点击添加相关标题文字 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.

According to QYResearch, 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.

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