With the growing researches proving the perks of hearing songs, such as it lowers blood pressure, the clamor for FM transmitters is on rise, also on the back of easy availability and outstanding compatibility with car stereo system and home audio systems. It has become an established trend to use personal FM transmitters for playing transportable audio devices on car radios lacking Bluetooth audio connectivity or an Auxiliary ‘AUX’ jack. FM transmitters’ ability to broadcast a static audio source, such as a television or a computer at home, is a key factor leading to the growth trajectory of FM transmitters market.
Since an FM transmitter transmits over the air generally with very low power, the quality gets severely hit by the surrounding radio stations. The FM transmitters’ vulnerability to experience interference due to myriad factors such as landscape, weather conditions, and topology, and landscape, has been prompting the FM transmitters’ manufacturers to incorporate advancing technology in the existing FM transmitters.
Furthermore, the prevailing heavy regulations on radio broadcasts across the world continue to drive FM transmitters’ manufacturers to raise their game by constantly customizing their products. An FM transmitter is bound to carry "FCC Declaration of Conformity" in the U.S., and such obligations may threaten the adoption of FM transmitters by a notable margin.
Global FM Transmitters Market: Introduction
FM transmitter is a gadget or device that turns the music system or music device into a mini radio station. FM transmitters can easily be plugged into any device’s charging point or earphone socket and then transmit the music being played on the chosen FM radio frequency. The user can simply tune in via the car radio. FM transmitters are wireless device and are compatible with all cars but they have poor sound quality and interferences. But the recent models have a better sound quality and some of them can even charge your device. These FM transmitters are available in numerous variants. Many transmitters have 3.5mm connections that can easily plug into any music player’s headphone socket. Such transmitters are normally powered through batteries, but few of them get charged from the 12V socket of the car. Moreover, some particular models come with connectors, such as lightening connector, which also charges the music device. Even though sound quality can be patchy in some models, the FM transmitters are still a viable option for older cars without hard wired connections or Bluetooth.
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Global FM Transmitters Market: Dynamics
FM transmitters just need FM radio on cars for functioning, which is one of the key factors driving the growth of the FM transmitters market. Almost all FM transmitters are universally compatible with all the devices that possess a 3.5mm headphone socket, which is another factor fueling the growth of the FM transmitters market. Moreover, some models of FM transmitters are capable of transferring audio files from other applications such as Spotify or Google Maps, hence this factor is anticipated to boost the growth of the FM transmitters market.
FM transmitters can suffer from noise interferences which affects the sound quality and is one of the key factors hindering the growth of FM transmitters market. The user cannot select the music being played with car controls as the FM transmitters do not integrate with car controls, which is another factor restraining the growth of FM transmitters market. FM transmitters with more features typically cost higher, which is one of the factors hindering the growth of the FM transmitters market.
Global FM transmitters Market: Segmentation
Global FM transmitters market can be segmented on the basis of range, application and region.
FM transmitters market, by range
<100 100 200 feet –> 200 feet
FM transmitters market, by application
Home audio system
Car stereo system
Global FM transmitters Market: Competition Landscape
Key Developments
In October 2016, WorldCast Systems S.A.S., launched a new powerful FM transmitter Ecreso FM 10kW, the system is based around a fully digital FM modulator that enables excellent audio purity. It has built in features such as RDS and stereo encoding, audio backups and an FM limiter.
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Key Vendors
Key vendors in FM transmitters market are R.V.R. Elettronica SpA, WorldCast Systems S.A.S., Benchmark Electronics, Inc., Elenos Srl, Broadcast Electronics, Inc., Continental Electronics Corp., Eddystone Broadcast, Electrolink (Pty) Ltd., and Nautel Limited.
Global FM transmitters Market: Regional Outlook
Geographically, the incident and deviation management solution market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.
North America is anticipated to hold the largest market share in the FM transmitters market during the forecast period due to digitization.
Europe is also expected to show a significant growth in the FM transmitters market as FM transmitters are compatible with all cars and home audio systems.
FM transmitters are mostly used in old car models that don’t have Bluetooth audio systems, hence the FM transmitter market in the APEJ region is anticipated to show growth during the forecast period.
The report covers an exhaustive analysis on:
Global FM transmitters Market Segments
Global FM transmitters Market Dynamics
Historical Actual Market Size, 2013 - 2017
Global FM transmitters Market Size and Forecast 2018 to 2028
Supply and Demand Value Chain
Global FM transmitters Market Current Trends/Issues/Challenges
Competition and Companies involved
Technology
Value Chain
Global FM transmitters Market Drivers and Restraints
Regional analysis for Global FM transmitters Market includes
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of LatAm
Europe
EU – 4 (Germany, France, Italy, Spain)
UK
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Rep. etc.)
Rest of Europe
CIS & Russia
Japan
APEJ
Greater China
India
Korea
ASEAN Countries
Rest of APEJ
Middle East & Africa
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. It provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. It also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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