
Market Forecast By Countries (United States, Canada), By Product Type (FM Radio Transmitter, Shortwave Radio Transmitter, Medium Wave Transmitter), By Applications (Aerospace, Automobile, Electronics Industry, Others) And Competitive Landscape
According to 6Wresearch, the North America Radio Transmitter Market size is anticipated to register growth during 2021-2027. A rise in the cost of raw materials is anticipated to negatively impact the Radio transmitter market in North America. Lack of availability of raw materials in the market for manufacturing of radio transmitters is expected to act as a restraint on the market. Due to COVID-19 most of the radio transmitter companies and electronics manufacturers have temporarily closed their factories or minimize the production output, which results in loss to the global trade. However, after the resumption of the lockdown implemented by the government, the market economy is expected to regain in the future. Based on countries, the United States is expected to lead the radio transmitter market in the region. Broadcast Electronics manufacturer which makes FM and AM transmitters and studio automation systems among other products recently entered a strategic partnership with television transmission equipment designer and manufacturer.
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