Broadcast Switchers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast to 2019
DUBLIN, Feb. 21, 2014 /PRNewswire/ --
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Broadcast switchers are an important part of video broadcasting. They are used for switching different audio and video signals coming from various sources. Switchers being important part of video transmission play an important role in video broadcasting. They are used in remote trucks, control rooms, edit suite and so on. Using broadcast switchers, broadcasters select the source of video feed, route it and make the workflow process of broadcasting more efficient.
The broadcast switchers market is driven by various factors such as transition from analog to digital broadcasting, growing focus on production automation, growing adoption of HD worldwide and rising number of digital channels. The global broadcast switchers market was valued at USD 1,200 million in 2012 and is expected to grow at a CAGR of 6.9% during the forecast period from 2013 to 2019. However, lack of standardization in content distribution and high cost of broadcasting equipments are some of the factors inhibiting the growth of this market.
In terms of by type segmentation, routing switchers segment is the largest segment and accounted for 47.4% share in 2012 followed by production switchers that accounted for 40.0% of the global market share in 2012. Need for content at more places and growing use of broadcasting equipment in sports broadcasting, news production, places of worship and corporate conferences are the factors driving the growth of switchers market during the forecast period.
In terms of end use application segment, sport broadcasting is the most attractive segment and accounted for 23.3% of the global market share in 2012. ITU (International Telecommunication Union) has mandated the conversion of digital television broadcasting globally because of its spectrum efficient transmission technology. Digitalization allows broadcast stations to provide more programming opportunities through multiple broadcast streams with improved picture and sound quality. In 2006 at Geneva, at a conference of the ITU, 120 countries signed a treaty to migrate to digital television. This is expected to fuel the growth of broadcast switchers market ahead during the forecast period.
Key Topics Covered:
1 Global Broadcast Switchers Market
2 Executive Summary
3 Market Overview
4 Global Broadcast Switcher Market by type, 2013 - 2019
5 Global Broadcast Switcher Market by ports, 2013 - 2019
6 Global Broadcast Switchers Market by End Users, 2013 - 2019
7 Global Broadcast Switchers Market by Geography, 2013 - 2019
8 Competitive Landscape
9 Company Profiles
- Blackmagic Design
- Evertz Microsystems Limited
- FOR-A Company
- Grass Valley USA
- Harris Broadcast
- Ikegami Electronics
- Miranda Technologies
- New Tek
- Panasonic Corporation
- Ross Video Limited
- Snell Group
- Sony Electronics
- Utah Scientific
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SOURCE Research and Markets