Range Extenders Market in China is Valued to Reach 297.03 Million US$ by 2026 – QY Research
Industry: Business
Latest market research report on China Range Extenders Market 2020-2026 with Industry Trends, Growth Opportunities and Competitive Landscape.
Los Angeles, CA (PRUnderground) February 21st, 2020
Thriving electronics and telecom industry has boosted the growth of range extenders in China. The rising popularity has boosted the china range extenders market towards exponential growth in the forecast years. The China Range Extenders market is valued at 214.43 million USD in 2019 and is expected to reach 297.03 million USD by the end of 2025, growing at a CAGR of 5.58% between 2019 and 2025.
Extended Wireless Coverage to Fuel Market Growth
Range extender, expands the range of the Wi-Fi network by picking up signals wireless across point and Wi-Fi routers. It then amplify and rebroadcast second network. This device is used to extend coverage area and transmit signal under a different network name Range extenders are gaining increased popularity due to their availability in different types. The extenders are increasingly being used in applications to provide Ethernet connection to a device or multiple devices and extend wireless coverage in outside area of home and in office.
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However, the range extenders are expected to observe restraints in forecast years due to high device and installation costs, low awareness, their inability to amplify a signal from a distant and limitations Internet throughput from public hotspots.
Business and Commercial Segments to Hold Large Market Share
The china range extenders market is segmented in the basis of product and applications. The product type segment includes single band (2.4 ghz) range extenders, dual band (2.4 ghz+5 ghz) range extenders, and tri-band (2.4 ghz+5 ghz+5 ghz) range extenders. The applications segment includes family and individual consumer, business and commercial, and other application. Business and commercial segments is expected to hold large market share in the market as these commercial places require network beyond office areas. Thus offices are increasingly option for range extenders in china and around the world.
Manufacturers to Focus in Launching New Compact Products to Boost Market Share
In 2017, TP-LINK launched Mini & Mighty TL-WA820RE, wireless range extenders. These range extenders are perfect solution for you and that to a pocket friendly solution (pocket friendly as both budget and size). TL-WA820RE is a Range Extender that slides in your pocket as it is the size of an USB Drive. It unfolds into range extender whenever required with attached flap that holds dual antennas to boost that Wi-Fi signal reaching every corner of the room. This strategy is expected to boost the market share and simultaneously boost the position of the company.
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The major players in China Range Extenders market include TP-LINK, FAST, D-Link, Xiaomi, Tenda, Asus, MERCURY, Huawei, and others.
Major Points From TOC:
Range Extenders Market Overview
China Range Extenders Market Competition by Manufacturers
China Range Extenders Manufacturers Profiles/Analysis
China Range Extenders Production, Revenue, Consumption, Export and Import
China Range Extenders Market Analysis by Applications
Range Extenders Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
China Range Extenders Market Forecast (2020-2026)
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