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Radio Station Equipment Market to Reach $9,836.07 Million, Globally, by 2032 at 6.23% CAGR: Allied Market Research

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The radio station equipment market is driven by several factors, including technological advancements, upsurge in the demand for online streaming, and integration of radio into mobile and in-car platforms.

WILMINGTON, Del., Feb. 23, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Radio station equipment Market, by Type (Microphones, Mixing Consoles, Transmitters, Antennas, Audio Processors, and Others), and Application (Indoor and Outdoor): Global Opportunity Analysis and Industry Forecast, 2023–2032″. According to the report, the global radio station equipment industry generated $5.4 billion in 2022, and is projected to reach $9.8 billion by 2032, registering a CAGR of 6.2% from 2023 to 2032. 

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98– Tables53 – Charts249 – Pages

Prime Factors Influencing the Market Growth:  

The radio station equipment market is anticipated to expand significantly during the forecast period, driven by technological advancements and the increase in demand for online streaming. In addition, the market for radio station equipment is anticipated to benefit from mobile and in-car integration. However, it is important to note that competition from digital media presents a significant restraint to the growth of the radio station equipment market during this forecast period.

Report Coverage & Details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2023

Market Size in 2022

$5.4 billion

Market Size in 2032

$9.8 billion

CAGR

6.2 %

No. of Pages in Report

249

Segments covered

Type, Application, and Region.

Drivers 

Technological advancements 

Increase in demand for online streaming

Opportunities

Mobile and in-car integration  

Restraints

Competition from digital media

 

The microphones segment is anticipated to dominate in terms of revenue during the forecast period- 

Based on type, the microphones segment accounted for one-fourth of the total revenue in the global radio station equipment industry in 2022 and is expected to continue its dominant position throughout the forecast period due to the crucial role of high-quality microphones in capturing clear and professional audio, which is essential for radio broadcasting. However, the audio processors segment is projected to experience the fastest CAGR of 8.47% from 2023 to 2032, driven by the increasing demand for enhanced audio quality, the adoption of advanced audio processing technologies, such as AI-driven enhancement, and the growth of digital and internet radio platforms.

The indoor segment is projected to retain the dominant position by 2032.

Based on application, the indoor segment emerged as the market leader in the global radio station equipment market in 2022, holding more than two-thirds of the market share. The remarkable growth of this segment can be attributed to the increasing demand for high-quality audio content, the expansion of digital radio broadcasting, the proliferation of internet radio stations, and technological advancements in digital audio processing and IP-based broadcasting solutions. However, the outdoor segment is expected to witness the fastest CAGR of 7.83% from 2023 to 2032, owing to the expansion of 5G networks, the deployment of new wireless technologies, increasing demand for extended network coverage in remote areas and emerging markets, and the growing significance of outdoor radio infrastructure in IoT applications, smart cities, and connected devices.

North America to maintain its dominance by 2032.

Based on region, North America dominated the radio station equipment market revenue in 2022, representing nearly one-third of the global market share. This dominance is primarily attributed to its strong emphasis on innovation, technological advancement, increasing adoption of digital broadcasting technologies, and a surge in demand for podcast production, internet radio, equipment upgrades, and investments in 5G networks and IoT applications in the region. However, the Asia-Pacific region is projected to experience the fastest CAGR of 6.2% from 2023 to 2032, due to the rapid expansion of radio broadcasting networks, the increasing adoption of digital audio platforms, streaming services, and podcasting, as well as the diverse language and cultural landscape, creating demand for specialized broadcasting equipment catering to various languages and demographics in this dynamic and swiftly evolving market.

Leading Market Players: –

Allen & Heath LimitedBehringer (Music Tribe Commercial MY Sdn. Bhd.)Guangdong Takstar Electronic Co., Ltd.HARMAN InternationalIcom AmericaMackie (LOUD Audio, LLC)Roland CorporationSennheiser electronic GmbH & Co. KGShure IncorporatedYamaha Corporation

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The report provides a detailed analysis of these key players in the global radio station equipment market. These players have adopted different strategies such as product launches, innovations, and new product developments to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.  

Key Industry Development: –

April 2023 – Sennheiser and Neumann, two leading manufacturers of professional audio equipment, were honored for Outstanding Technical Achievement at the 38th Annual NAMM TEC Awards. Sennheiser’s XS Wireless IEM system won in the Wireless Technology category for its innovative design and performance, while Neumann’s NDH 30 headphones were awarded in the Headphone/Earpiece Technology category for their exceptional audio quality and comfort.

October 2023 – HARMAN International launched the JBL CLUB and Infinity Reference subwoofers. These subwoofers, offering deep bass and energy efficiency, feature 400W and 350W power handling with Selectable Smart Impedance (SSI). They are compatible with various box configurations and are designed for distortion-free performance. The JBL CLUB series boasts a Poly woofer cone and a signature JBL design, while the Infinity Reference series features double-stacked magnets and a unique design.

September 2023 – Shure unveiled the second generation of its AONIC 50 Wireless Noise Cancelling Headphones. The new headphones feature spatial audio, improved active noise cancellation, up to 45 hours of battery life, and other enhancements.

Key Benefits For Stakeholders:

As per the Radio Station Equipment Market outlook, this report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the radio station equipment market analysis from 2022 to 2032 to identify the prevailing radio station equipment market opportunities.The radio station equipment market forecast research is offered along with information related to key drivers, restraints, and opportunities.Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.In-depth analysis of the radio station equipment market segmentation assists to determine the prevailing market opportunities.Major countries in each region are mapped according to their revenue contribution to the global market.Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.The report includes the analysis of the regional as well as global radio station equipment market trends, key players, market segments, application areas, and Radio Station Equipment Market growth strategies.

Radio Station Equipment Key Segments:

By Type 

MicrophonesMixing consolesTransmittersAntennasAudio processorsOthers

By Application

IndoorOutdoor

By Region

North America (U.S., Canada, Mexico)Europe (Germany, UK, France, Spain, Italy, Rest of Europe)Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)LAMEA (Brazil, Saudi Arebia, United Arab Emirates, South Africa, Rest of LAMEA)

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Radio Access Network Market  was valued at $17.80 billion in 2018, and is projected to reach $44.78 billion by 2026, growing at a CAGR of 11.3% from 2019 to 2026.

Antenna Market was valued at $16.8 billion in 2022, and is projected to reach $40.1 billion by 2032, growing at a CAGR of 9.1% from 2023 to 2032.

Chip Antenna market was valued at $1.4 billion in 2021, and is projected to reach $5.3 billion by 2031, growing at a CAGR of 14.3% from 2022 to 2031.

Wireless Power Transmission Market size was valued at $5,705.1 million in 2020, and is projected to reach $35,226.4 million by 2030, registering a CAGR of 21.3% from 2021 to 2030.

Free Space Optic Communication Market was valued at $347.5 million in 2021, and is projected to reach $4.8 billion by 2031, growing at a CAGR of 31.3% from 2022 to 2031

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Alliant Credit Union Foundation Announces Record Breaking Year in Efforts to Bridge the Digital Divide

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January 9, 2025

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Foundation awarded over $1.6 million to community organizations focused on digital equity in Illinois and Nationwide in 2024

CHICAGO, Jan. 9, 2025 /PRNewswire/ — With the goal of providing reliable broadband, digital literacy resources and technology equipment for underserved communities across the United States, the Alliant Credit Union Foundation, today announced its 2024 efforts. In 2024, the Alliant Credit Union Foundation launched it’s Million Dollar Challenge, aiming to invest at least one million dollars in organizations working to close the digital gap. By 2024 year-end, the foundation has donated over $1.6 million to fifteen organizations nationwide.

The Alliant Credit Union Foundation funds were strategically allocated to charitable partners empowering local initiatives in Illinois and throughout the nation to enhance access to digital tools, and provide essential resources in rural, digitally challenged, and under-resourced populations.

“2024 has been a year of mission-driven and meaningful progress for the Alliant Foundation,” said Meredith Richie, President of the Alliant Credit Union Foundation. “From funding initiatives nationwide to facilitating technology access and driving important conversations, we’ve taken significant strides in addressing the digital gap. These achievements reflect the collective efforts of our partners, donors, and community members who share our vision of a more connected and equitable future.”

Some key grants from the Alliant Foundation in 2024 include:

$500,000 to PCs for People to expand their St. Louis processing center and purchase shipping trailers to run regular routes transporting devices and equipment from four of market locations (including Chicago).$250,000 to Digitunity for their Software Modernization Project a platform that will help states and corporations generate the supply they need to meet their Digital Equity Plan device goals.$250,000 to Compudopt for the Connectivity Chicago Project. The grant will allow the organization to expand their services and provide devices, education, and free internet to households.$100,040 to EveryoneOn for the Digital Connections Project to provide training and devices to individuals looking to enhance skills in the everchanging digital landscape.

Recognizing the importance of access to functional technology, the foundation hosted multiple events throughout the year to provide access to those who need it most. In February, the foundation partnered with EveryoneOn, Visa and with Nevada Partners, to open The Community Access Lab in Las Vegas’ Westside as a part of Visa’s Super Bowl Giveback Program. The Lab works to enhance community residents’ digital and financial literacy and foster Westside entrepreneurship. In the Spring and Fall the foundation partnered with PCs for People to host electronic drives at Alliant Credit Union headquarters in Chicago, a record-breaking 15,686 pounds of tech equipment was collected to be refurbished and distributed to populations in need.

The Digital Divide by the Numbers:

11.5 million American households without internet access, per the 2020 U.S. Census.1 in 5 parents say children’s homework cannot be completed without computer or internet access.$1 million+ Alliant Credit Union Foundation grants to foster digital inclusion within at-risk communities in 2024.

About Alliant Credit Union Foundation:
The Alliant Credit Union Foundation is dedicated to enhancing the well-being of communities by supporting initiatives that foster financial literacy, economic empowerment, and access to essential resources. As the philanthropic arm of Alliant Credit Union, the Foundation partners with organizations that align with its mission to create opportunities for underserved populations, promote financial education, and address the digital divide. The Alliant Credit Union Foundation is committed to making a lasting impact and helping individuals and families build a brighter financial future through strategic grants and community partnerships.

Media Contact:
Natalie Symonds 
nsymonds@alliantcreditunion.com
Sr. Media Strategist
Alliant Credit Union

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SOURCE Alliant Credit Union

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Old World Labs Unveils Advanced AI Agents at CES 2025: Revolutionizing Robotics and Virtual Worlds

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2 minutes ago

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January 9, 2025

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LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — On the first day of CES 2025, Old World Labs (OWL) is proud to announce groundbreaking advancements in its “Agents as a Service” technology, showcasing how these cutting-edge AI systems seamlessly integrate into humanoid robots and virtual environments. These innovations mark a significant leap forward in bridging the physical and digital worlds, setting a new standard for adaptability and intelligence in robotics.

 

The Next Generation of AI-Driven Robotics

At the forefront of OWL’s innovations is the “Replicants” system, a first-of-its-kind platform enabling self-replicating humanoid robots equipped with advanced AI agents. These agents combine real-time reasoning, resource-aware adaptability, and dynamic interaction, making them invaluable across industries—from manufacturing to immersive virtual experiences.

Key Features of the Replicants System:

Humanoid Robotics Integration: AI agents embedded within robots capable of natural human-like interactions and precise task execution.Virtual World Interoperability: Unified AI presence across physical robots and digital environments for seamless collaboration.Resource-Aware Design: Sustainable, scalable solutions that adapt to complex challenges in real time.

Why This Matters

The evolution of AI agents into humanoid robotics represents a paradigm shift in how humans engage with technology. OWL’s advancements enable robots to:

Understand and interact with 3D environments.Execute complex tasks autonomously, enhancing productivity and user experience.Transition seamlessly between physical and digital spaces, redefining the role of AI in daily life and industrial applications.

Quote from Nick Liverman, Founder of Old World Labs

“At CES 2025, we’re showcasing how Old World Labs is driving the future of AI and robotics. Our Replicants system empowers humanoid robots and virtual agents to function as intelligent companions and collaborators. These breakthroughs push beyond traditional boundaries, enabling accessible, adaptive, and scalable solutions for everyone,” said Nick Liverman.

Live Demonstrations and Interactive Sessions

Attendees at CES 2025 are invited to Booth #8777 in the LV North Hall to:

Experience Real-Time AI Integration: See how OWL’s agents operate humanoid robots with precision and adaptability.Explore Virtual World Interactions: Witness how AI agents transition seamlessly between robotics and immersive virtual platforms.Participate in Workshops: Learn how OWL’s “Agents as a Service” technology can transform industries and projects.

About Old World Labs

Founded in 2012 by Nick Liverman, Old World Labs has been a pioneer in robotics and AI innovation. Renowned for its high-precision 3D printing solutions, OWL is now at the forefront of integrating intelligent agents into humanoid robots and virtual worlds. With a mission to make advanced technology accessible and impactful, OWL continues to set the industry standard.

Media Contact

Eric Faust
Business Development
Old World Labs
info@oldworldlabs.com

Click here for more details about our booth at: https://ces25.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=0014V00003uGRiBQAW

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SOURCE Old World Labs

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BLUETTI Unveils Apex 300 and EnergyPro 6K at CES 2025, Highlighting Brand Refinement Strategy for 2025

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January 9, 2025

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BLUETTI reinforces its role as a technology pioneer in clean energy with innovative energy solutions at CES 2025.

LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — BLUETTI, a leading provider of clean energy solutions and this year’s CES Innovation Award honoree, debuted its latest energy storage solutions, the Apex 300 portable power station and EnergyPro 6K whole house battery backup, during its brand refinement event at booth 9837 at CES 2025.

As part of its strategy to refine and elevate its global brand, BLUETTI launched its new product era 3.0, showcasing its groundbreaking new product series: Bluetti Elite, Apex, and EnergyPro. The highly anticipated products, Apex 300 and EnergyPro 6K, were officially unveiled during the event, marking a significant leap in the company’s ongoing commitment to pioneering clean energy storage.

BLUETTI Apex 300: The All-in-One Solution for Every Scenario

The Bluetti Apex 300 Portable Power Station is a versatile portable power station with a 2,764.8Wh capacity and 3,840W output, providing reliable power for home backup, RV road trips, and other off-grid scenarios. It can deliver both 120V and 240V power simultaneously, meaning user can handle essential appliances and heavy-duty devices like well pumps and dryers.

With advanced parallel-expansion technology, the Apex 300 can scale up to an impressive 58kWh storage and 11.52kW output, ensuring up to a week of power supply during extended outages. In parallel, it is powerful enough to charge an electric vehicle.

Charging is fast and flexible — powered by Turbo Boost charging technology, users can recharge the Apex 300 to 80% in just 45 minutes from mains power. Alternative charging options include solar panels, vehicles, generators, and EV stations. With industry-leading PV charging capacity of up to 30,720W, the Apex 300 ensures stable power even in remote locations or prolonged blackouts.

The Apex 300 is expected to be officially released in the second quarter of 2025.

BLUETTI EnergyPro 6K: The Ultimate Power Solution for Small to Medium Homes

Designed for residential and small-to-medium business use, the Bluetti EnergyPro 6K Whole House Battery Backup is a reliable, affordable and cost effective home energy storage system that integrates solar, battery, grid, generator, and EV power sources. It supplies dependable backup power during power outages, peak periods, or other off-grid settings.

The EnergyPro offers flexible scalability for a personalized power experience. By connecting up to five EnergyPro 6K units, users can achieve substantial power output and storage capabilities to weather extended blackouts or support small off-grid farms.

Seamlessly integrating with users’ existing rooftop solar systems, the EnergyPro 6K optimizes energy usage by storing excess solar power. This allows homeowners to always be prepared for power interruptions while reducing their electricity bills. The AT1 Smart Distribution Box further enhances energy efficiency by allowing any supported EV to charge the battery during extended power outages, and home standby generators to automatically fuel the battery without manual switching. This comprehensive energy solution ensures uninterrupted power in any situation, without relying on the grid or favorable weather conditions.

The EnergyPro 6K is expected to be officially released in the second quarter of 2025.

Powered by BLUETTI Future Tech System

The Apex 300 and EnergyPro 6K are powered by BLUETTI’s cutting-edge Future Energy Tech System, which consists of four key pillars:

BLUEPEAK Innovation Hub: The core of BLUETTI’s hardware and physical innovations in energy storage.BLUELINK Energy Network: The brain behind BLUETTI’s product and energy solutions, providing intelligent and seamless connectivity.BLUEGRID Power Infrastructure: Tailored tech solutions for households and SME businesses, offering scalable and efficient power management.BLUELIFE Ecosystem Tech: A lifestyle-driven tech ecosystem that integrates energy seamlessly into daily life, empowering consumers to embrace sustainable living.

BLUETTI’s ongoing commitment to innovation, sustainability, and clean energy solutions is poised to reshape how consumers and businesses manage their power needs in 2025 and beyond. For more information on the upcoming products and BLUETTI’s vision, visit us at booth 9837 CES 2025 and explore the future of energy.

About BLUETTI

Founded in 2009, BLUETTI is a pioneer force in clean energy technology, committed to a sustainable future by providing green and independent energy storage solutions for every household. With a strong focus on innovation and customer needs, BLUETTI has gained the trust of 3.5 million customers and established a presence in over 110 countries & regions. Through initiatives like the LAAF (Lighting An African Family) Program, BLUETTI is dedicated to bringing power to millions of African families in off-grid areas.

Contact: Ellen Lee, ellenlee@bluetti.com 

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SOURCE BLUETTI POWER INC

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