TV Without Reception Market

The article discusses the projected growth of the global market for transmission apparatus for radio-broadcasting and television (without reception apparatus) from 2022 to 2030, with an anticipated increase in both volume and value. It covers consumption patterns, production trends, import and export statistics, as well as key market players and countries involved in this sector. The analysis highlights fluctuations in consumption and production volumes, as well as variations in import and export prices across different countries. Overall, the article provides a comprehensive overview of the market dynamics and trends in this industry.

Market Forecast

Driven by increasing demand for transmission apparatus for radio-broadcasting and television (without reception apparatus) worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market volume to 151M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.8% for the period from 2022 to 2030, which is projected to bring the market value to $14.4B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Transmission Apparatus For Radio-Broadcasting And Television (Without Reception Apparatus)

In 2022, the amount of transmission apparatus for radio-broadcasting and television (without reception apparatus) consumed worldwide reduced to 117M units, dropping by -6.3% on the previous year. The total consumption volume increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak volume of 157M units. From 2020 to 2022, the growth of the global consumption remained at a somewhat lower figure.

The global TV without reception market revenue reached $11.5B in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a slight decline. As a result, consumption attained the peak level of $20.4B. From 2015 to 2022, the growth of the global market remained at a somewhat lower figure.

Consumption By Country

The United States (82M units) constituted the country with the largest volume of TV without reception consumption, comprising approx. 70% of total volume. Moreover, TV without reception consumption in the United States exceeded the figures recorded by the second-largest consumer, China (8.1M units), tenfold. The third position in this ranking was taken by India (2.9M units), with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume in the United States amounted to +2.9%. The remaining consuming countries recorded the following average annual rates of consumption growth: China (+0.2% per year) and India (-1.7% per year).

In value terms, the largest TV without reception markets worldwide were the United States ($2.4B), China ($1.7B) and India ($259M), with a combined 38% share of the global market.

Among the main consuming countries, the United States, with a CAGR of +0.8%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced a decline in the market figures.

In 2022, the highest levels of TV without reception per capita consumption was registered in the United States (246 units per 1000 persons), followed by Mexico (19 units per 1000 persons), China (5.7 units per 1000 persons) and India (2.1 units per 1000 persons), while the world average per capita consumption of TV without reception was estimated at 0.2 units per 1000 persons.

In the United States, TV without reception per capita consumption increased at an average annual rate of +2.2% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Mexico (-12.1% per year) and China (-0.3% per year).

Production

World Production of Transmission Apparatus For Radio-Broadcasting And Television (Without Reception Apparatus)

In 2022, after three years of growth, there was decline in production of transmission apparatus for radio-broadcasting and television (without reception apparatus), when its volume decreased by -4.8% to 36M units. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 29% against the previous year. As a result, production reached the peak volume of 47M units. From 2015 to 2022, global production growth remained at a lower figure.

In value terms, TV without reception production shrank to $9.9B in 2022 estimated in export price. In general, production continues to indicate a mild decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by 28%. Over the period under review, global production attained the peak level at $18.9B in 2014; however, from 2015 to 2022, production remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (8.5M units), Taiwan (Chinese) (6.1M units) and India (2.8M units), with a combined 48% share of global production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Taiwan (Chinese) (with a CAGR of +45.3%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Transmission Apparatus For Radio-Broadcasting And Television (Without Reception Apparatus)

Global TV without reception imports dropped to 106M units in 2022, waning by -5.3% on the previous year. In general, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.9% against 2019 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 79%. As a result, imports attained the peak of 145M units. From 2020 to 2022, the growth of global imports remained at a lower figure.

In value terms, TV without reception imports rose significantly to $3.6B in 2022. Overall, imports recorded a slight decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 11%. Global imports peaked at $4.5B in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports By Country

The United States prevails in imports structure, amounting to 91M units, which was near 86% of total imports in 2022. The following importers - Mexico (2.6M units) and Spain (1.8M units) - each accounted for a 4.1% share of total imports.

Imports into the United States increased at an average annual rate of +3.6% from 2012 to 2022. At the same time, Spain (+18.2%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of +18.2% from 2012-2022. By contrast, Mexico (-12.1%) illustrated a downward trend over the same period. The United States (+14 p.p.) significantly strengthened its position in terms of the global imports, while Mexico saw its share reduced by -8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($2.4B) constitutes the largest market for imported transmission apparatus for radio-broadcasting and television (without reception apparatus) worldwide, comprising 67% of global imports. The second position in the ranking was held by Spain ($105M), with a 2.9% share of global imports.

In the United States, TV without reception imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Spain (+16.3% per year) and Mexico (-13.4% per year).

Import Prices By Country

The average TV without reception import price stood at $34 per unit in 2022, growing by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23%. Over the period under review, average import prices attained the peak figure at $50 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($59 per unit), while Mexico ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-1.5%), while the other global leaders experienced a decline in the import price figures.

Exports

World Exports of Transmission Apparatus For Radio-Broadcasting And Television (Without Reception Apparatus)

In 2022, overseas shipments of transmission apparatus for radio-broadcasting and television (without reception apparatus) increased by 0.5% to 25M units, rising for the fourth consecutive year after four years of decline. Overall, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.3% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of 42% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, TV without reception exports totaled $1.5B in 2022. In general, exports, however, showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, the global exports hit record highs at $2.6B in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

The United States (8.9M units) and Taiwan (Chinese) (6.1M units) represented the main exporters of transmission apparatus for radio-broadcasting and television (without reception apparatus) in 2022, resulting at near 35% and 24% of total exports, respectively. Singapore (1.5M units) ranks next in terms of the total exports with a 6.1% share, followed by Vietnam (6%) and Hong Kong SAR (5.1%). Malaysia (869K units), Canada (751K units), Poland (618K units), China (440K units), Italy (395K units) and the Netherlands (382K units) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +37.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($503M) remains the largest TV without reception supplier worldwide, comprising 34% of global exports. The second position in the ranking was held by Canada ($202M), with a 14% share of global exports. It was followed by Singapore, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to -5.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Canada (-1.6% per year) and Singapore (-8.2% per year).

Export Prices By Country

In 2022, the average TV without reception export price amounted to $58 per unit, increasing by 7.3% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 7.4%. Over the period under review, the average export prices reached the maximum at $152 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($269 per unit), while China ($8.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform