Summary:
Market Analysis and Insights: Global Citizens Band (CB) Radio Market
Citizens band radio, also called CB Radio, a two-way radio system for short-range radio voice communication, used chiefly by private individuals in motor vehicles, homes, offices, and other locations where wireless telephone service is unavailable. A typical CB radio consists of a combined transmitter-receiver (a transceiver) and an antenna. In the United States 40 channels, at frequencies from 26.965 to 27.225 megahertz or in the UHF range of 460 to 470 megahertz, have been allocated to CB radio. A federal limitation of power (4 watts) and practical limitations of antenna height restrict the range of CB radios in motor vehicles to about 25 km (15 miles) and those in fixed locations to no more than 50 km (30 miles).
Due to the COVID-19 pandemic, the global Citizens Band (CB) Radio market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Handheld CB Radio accounting for % of the Citizens Band (CB) Radio global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automobile Industry segment is altered to an % CAGR throughout this forecast period.
China Citizens Band (CB) Radio market size is valued at US$ million in 2021, while the US and Europe Citizens Band (CB) Radio are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Citizens Band (CB) Radio landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
The global key manufacturers of Citizens Band (CB) Radio include Uniden, Cobra, Midland, Galaxy Audio, Motorola, Ranger Communication, President Electronics, Stryker Radios and GME Pty Ltd and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
Segment by Type
Handheld CB Radio
Fixed CB Radio
Segment by Application
Automobile Industry
Construction Industry
Others
Consequence of Covid-19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Citizens Band (CB) Radio market back to the pre-covid levels.
Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Competitive Outlook
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:
Uniden
Cobra
Midland
Galaxy Audio
Motorola
Ranger Communication
President Electronics
Stryker Radios
GME Pty Ltd
Xinwei Electronic Co.,ltd
Frequently Asked Questions
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Which factors are increasing the competition in the Citizens Band (CB) Radio market?
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Which region will witness rewarding growth during the forecast period?
What factors will curb the Citizens Band (CB) Radio market growth?
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Which emerging trends will impact the Citizens Band (CB) Radio market growth?
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Summary:
Get latest Market Research Reports on Citizens Band (CB) Radio. Industry analysis & Market Report on Citizens Band (CB) Radio is a syndicated market report, published as Global Citizens Band (CB) Radio Market Insights, Forecast to 2028
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