|By Business Wire||
|April 29, 2014 04:54 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/4n67hr/broadcast) has announced the addition of the "Global Broadcast Switchers Market 2013-2019 - Essential Analysis of the $1 Billion Industry" report to their offering.
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 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 type of ports, switchers market is divided in coaxial port segment, uncompressed IP port segment, compressed IP port segment and other segment that includes HDMI ports, VGA ports and DVI ports. Switchers with coaxial ports dominated the market with 78.15% of the global market in 2012. However, Switchers with compressed IP are expected to show highest growth of CAGR 16.7% followed by uncompressed IP with a CAGR of 11.9% during the forecast period. The growth of compressed IP port segment is attributed to its in input as well as output ports and its use in different content distributions. In addition, cost of uncompressed IP and compressed IP ports are expected to be low over the forecast thus driving the market for these two segments.
In terms of type of video resolution, the global market for switchers is segmented into SD (Standard Definition) 1080i (HD), 1080p (Full HD) and 4k video resolution segment. HD is the largest segment and accounted for 74.80% of the global broadcast switchers market. With digitalization and increase in adoption of HD the demand for SD is expected to decline throughout the forecast period. However, with growing demand of 3D and 4k is expected to drive the market in coming future. Market players such as Sony are expected to come with 4k shortly.
Key Topics Covered:
Chapter 1 Global Broadcast Switchers Market
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Broadcast Switchers Market by type, 2013 - 2019
Chapter 5 Global Broadcast Switchers Market by ports, 2013 - 2019
Chapter 6 Global Broadcast Switchers Market by End Users, 2013 - 2019
Chapter 7 Global Broadcast Switchers Market by Geography, 2013 - 2019
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
- Blackmagic Design Pty. Ltd.
- Broadcast Pix, Inc.
- Evertz Microsystems Limited
- FOR-A Company Ltd
- Grass Valley USA, LLC
- Harris Broadcast
- Ikegami Electronics U.S.A. Inc.
- Miranda Technologies, Inc.
- New Tek Inc.
- Panasonic Corporation
- Ross Video Limited
- Snell Group
- Sony Electronics, Inc.
- Utah Scientific, Inc.
For more information visit http://www.researchandmarkets.com/research/4n67hr/broadcast
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