The
global broadcast switchers market is expected to reach
USD 1.93 billion by 2020, according to a new study by Grand View Research, Inc.
Transition to digital from traditional analog technology is expected to propel
market growth over the next six years. Changing consumer preferences and
favorable regulatory scenarios have led to a high degree of digitization and HD
display adoption, which is also expected to be a key market driver over the
forecast period. Operational ease during broadcasting and video transmission
may favorably impact the market.
Although
the standard definition (SD) demand has been decreasing, digitization is
expected to fuel 4K and full HD adoption; this is expected to present a sizable
opportunity for companies operating in the market. Rising production automation
demand is also expected to be a growth driver over the forecast period.
Restraints to market growth include the need for standardization as well as the
high cost of lighting equipment, cameras, digital audio mixers, etc.
Full Research Report On Broadcast Switchers Market Visit Here:
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Further key
findings from the study suggest:
- Routing switchers accounted
for over 40% of the global market in 2013; the segment is further expected
to gain market share over the forecast period. A growing amount of video
content has led to the installation of sophisticated broadcasting products
so as to provide high-quality streaming. Production switchers are expected
to witness high growth, and manufacturers have focused on reengineering
and product development measures.
- Sports broadcasting
accounted for over 20% of the market share in 2013, mainly due to demand
for the high-resolution format. Key manufacturers have aimed to provide
multi-definition switchers capable of functioning in varied environments.
Growth in demand for outside broadcasting vans is expected to drive the
production trucks segment over the next six years.
- North America is expected to
continue being the market leader over the forecast period; it accounted
for over 35% of the market in 2013. Asia Pacific is expected to be a
fast-growing regional market over the forecast period due to investments
in broadcast infrastructure.
- Key industry participants
include Sony, Snell Group, Ross Video, Broadcast Pix, Panasonic
Corporation, Harris Broadcast, etc. Major vendors differ on the basis of
their product offering, with innovation and establishing a global presence
among the key strategies employed.
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https://www.grandviewresearch.com/industry-analysis/broadcast-switchers-market/request/rs1
Grand View Research has segmented
the global broadcast switchers market on the basis of product, application, and
region:
Broadcast Switchers
Product Outlook (Revenue, USD Million, 2012 - 2020)
- Master Control Switchers
- Production Switchers
- Routing Switchers
Broadcast Switchers
Application Outlook (Revenue, USD Million, 2012 - 2020)
- News Production
- Post Production
- Production Trucks
- Sports Broadcasting
- Studio Production
- Others
Broadcast Switchers
Regional Outlook (Revenue, USD Million, 2012 - 2020)
- North America
- Europe
- Asia Pacific
- RoW
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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