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Global Broadcast Switchers Market to be Driven by Growing Demand for HD Production Switchers : Transparency Market Research

Albany, NY, Feb. 10, 2016 (GLOBE NEWSWIRE) -- A new market research report has been recently published by Transparency Market Research and is available for sale on the company website. The research report, provides an in-depth analysis of the global broadcast switchers market, including a market overview, product segmentation, geographical segmentation, market drivers and restraints, challenges and opportunities, and vendor analysis. The report also includes inputs and recommendations from industry experts and professionals to help the existing as well as new players in the global broadcasting switchers market in formulating their business policies.

According to the research study, in 2013, the global market for broadcast switchers was valued at US1.3 bn and is estimated to reach a value of US$2 bn by the end of 2020, exhibiting a progressive 6.70% CAGR between 2014 and 2020.

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http://www.transparencymarketresearch.com/broadcast-switchers-market.html

Among the different types of video resolution, in 2013, the HD segment accounted for a massive share of 75% in the global broadcast switchers market. The growing preference for HD is estimated to affect the SD segment negatively in the forecast period. By application, the global market for broadcast switchers has been classified into studio production, post-production, news production, sports broadcasting, production trucks, and others such as places of worship, educational institutes, corporate conferences, play outs, and live events. Among these segments, in 2013, the studio production application segment held a share of 25% in the global market and is projected to continue with its leading position throughout the forecast period.

The research report has segmented the global broadcast switchers market on the basis of geography into Asia Pacific, North America, Europe, and Rest of the World. Among all these regions, in 2013, North America accounted for a dominant share of 40.5% in the global market for broadcast switchers. The high growth of this region is due to the rising adoption of low-end routing switchers and rapid expansion of the sports broadcasting, studio production, and automotive segments. Moreover, the rising number of HD channels and growing emphasis on production automation in the U.S. are some of the other factors propelling the switchers market in North America. The Asia Pacific and Rest of the World markets are also projected to witness robust growth thanks to the shift from analog to digital broadcasting in these regions.

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The research report further covers the vendor analysis of the global broadcast switchers in the last section of the research report. The analysis provides insights into the company’s role in the global market, including business strategies, financial overview, mergers and acquisitions, and recent developments. The prominent players operating in the global market for high-end, mid-end, and low-end broadcast switchers are New Tek Inc., Grass Valley USA LLC, Snell Ltd., For A Company, Ross Video, Blackmagic Design, Panasonic Corporation, Sony Electronics Inc., Broadcast Pix, and Evertz Corporation. The major switcher manufacturers across the globe are competing by improving their state-of-the-art products and services to get the competitive advantage in the global market.

Key segments of the Global Broadcast Switchers Market:

Broadcast Switchers Market by Type

Production switchers

  • High end production switcher
  • Mid end production switcher
  • Low-end production switcher

Routing switchers

  • High end production switcher
  • Mid end production switcher
  • Low end production switcher
  • Master control switchers
  • High end production switcher
  • Mid end production switcher
  • Low end production switcher

Broadcast Switchers Market by Application

  • Sports broadcasting
  • Studio production
  • Production trucks
  • News production
  • Post-production
  • Others

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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Source:Transparency Market Research