Base Year: 2018
Estimated Year: 2019
Forecast Period: 2019 to 2026
Portable Radio is a small portable radio receiver that uses transistor-based circuitry, which makes it possible that people can listen to music anywhere they went. The portable radio was very popular once it came out in 1954, and had changed the music listening habits of people during 1960s and 1970s. As time goes by, such radio is gradually superseded by portable CD players, personal audio players, and other audio devices with higher quality.
Description:
According to the report, the global Portable Radio market is valued at approximately USD xxxx million in 2019 and is expected to generate revenue of around USD xxxx million by 2026, growing at a CAGR of roughly xxxx% from 2019 and 2026.
As the radio features with convenient, inexpensive prices, easy for operation, etc., the increasing adoption in different industry verticals has posed boundless opportunities in the market. Along with the rising significance of efficient critical communication solutions, as well as the shifting trend of communication equipment from analog to digital, such factors may have a positive impact on pushing the global radio market growth.
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Competitive Insights
Major manufacturers profiled in the analysis report include PHILIPS, SONY, Tecsun, Panda, GOLDYIP, Newsmy, SAST, Edifier, Shinco, SANGEAN, Colorful, Hisound, and others.
Regional Insights
The Portable Radio market covers a wide range area of North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America is projected to remain the prominent position during the forecast period, which is attributed to the high penetration of innovative portable radio technologies, as well as the rising expenditure of R&D in this sector in the region. However, it is anticipated that the Asia-Pacific area will exhibit the highest growth rate in the same period.
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Type Insights
The Portable Radio market can be divided by types into Hand Portable, In-Vehicle. However, as the Hand Portable type radio is easy to use and handy, which makes it broad application in group call communications by different end users, this type is estimated to grab the utmost market share than the In-Vehicle segment.
Application Insights
The Portable Radio market can be segmented by application into Household, Commercial use, Other. As a majority of enterprises are accelerating the commercial use of radios like two-way wireless and professional mobile radios, the commercial use application enjoys a favorable position for expansion.
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Audience
• Portable Radio manufacturers
• Raw material suppliers of Portable Radio
• Downstream field and end-user
• Distributors and resellers of Portable Radio
• Electronics industry associations
• Product managers, Electronics industry administrator, C-level executives of the industries
• Market Research and consulting firms
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