Stand-Alone Radio Receivers Market size is expected to reach USD 300.51 million by 2028
Stand-Alone Radio Receivers Industry Overview The global stand-alone radio receivers market size was valued at USD 276.3 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 1.2% from 2022 to 2028. This can be credited to the rising demand for stand-alone radio receivers from developing regions such as the Asia Pacific. The rising development in technologies to furnish consumer demands is expected to generate market opportunities over the coming years. Constant investments by major market players in research and design for the development of new devices with superior features are likely to propel the industry growth of stand-alone radio receivers. Additionally, key players are focusing on developing easy-to-use and high-performing devices due to steady demand from the consumer side. Gather more insights about the market drivers, restrains and growth of the Global Stand-Alone Radio Receivers Market Owing to the COVID-19 p...