Increasing Product Proliferations and Partnerships to Boost Broadcast Switchers Market

Broadcast switchers are used in video or film production for selecting numerous video and audio signals coming in from various sources. The rising demand for broadcast of prime events including sports and live concerts in high definition (HD) format has resulted in the adoption of state-of-the-art broadcast switchers, thus boosting the market’s growth. Increasing television viewing owing to the increasing penetration of televisions within developing and emerged nations is also a key factor stimulating the market for broadcast switchers.

Transparency Market Research (TMR), a market intelligence company, states that Broadcast Switchers Market was valued at US$1.4 bn in 2015 and is predicted to reach US$2.5 bn by 2024, expanding at a 6.10% CAGR from 2016 to 2024. TMR throws light on the latest innovations and partnerships in the broadcast switchers market by the prime companies dominant in the market.

> Live Production Solutions by Ross Video: Ross Video is amongst the key leaders in the broadcast switchers market. In June 2015, this company went into a strategic partnership agreement with a Sweden-based company named Danmon, wherein the latter will be representing Ross Video within Sweden. Keeping this agreement in mind, Danmon will be presenting a wide range of Ross Video’s live production solutions to customers within the market for broadcast switchers within Sweden.

Recently, an NBC-affiliated television station within the U.S., named KDLT-TV, installed the Ross Carbonite +2M production switchers by Ross Video in its HD rebuild project. This is why the market standing of Ross Video is poised to rise within the U.S.

> Mobile-integrated Production Switchers by Broadcast Pix: Broadcast Pix is amongst the top providers of integrated live video production systems and boasts an advanced range of products starting from compact systems having end-to-end integration to large-scale systems for presenting high-end live production. This company has recently launched its mobile-integrated production switchers. This production switcher is made for presenting a high-definition workflow having in-built HD recording and streaming. It also comprises two network ports and inbuilt Wi-Fi for accommodating a hotspot in order to connect to cloud-based services such as Skype.

> Kayenne K-Frame Production Switchers by Grass Valley: Grass Valley, a part of St. Louis-based Belden Inc., works closely with media and broadcast customers globally and meets their requirements for production and acquisition. The company presents an array of scalable and modular broadcast solutions. This company has also taken a similar route as that of Ross Video for their business expansion. Grass Valley has recently entered into an agreement with QVC, which is amongst the top e-commerce and video retailers and presents a curated collection of top brands to customers globally by using the internet, broadcast, and mobile sales platforms. As part of this agreement, Kayenne K-Frame production switchers made by Grass valley are to be installed within the broadcast facility of QVC.

Hence, the market for broadcast switchers is poised to rise exponentially in the coming years owing to the ongoing product introductions and increasing agreements in the market.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/broadcast-switchers-market.htm

Global Broadcast Switchers Market: Rising Trend of HD Broadcasting to Propel Market Growth

The present era is marked by a transition in broadcasting – from analog to digital. The demand for broadcasting major video programs in HD format has been the latest trend in the global broadcasting industry. Broadcasting switchers, being an integral part of video broadcasting, are extensively influenced by the ongoing changes in the industry. 

According to a report published by Transparency Market Research, a market intelligence and research firm, the valuation of the global broadcasting switchers market in 2013 was US$1.28 billion. Analysts at TMR expect the market to expand at a CAGR of 6.7% over its 2013 value and reach a value of US$2.03 billion by 2020, on account of the rising uptake of the HD format across the globe.

Browse Market Research Report of Broadcast Switchers Market: http://www.transparencymarketresearch.com/broadcast-switchers-market.html

Broadcasting switchers are employed in film or video production for switching or selecting several audio and video signals coming in from different sources. Production, routing, and master control are the main types of broadcasting switchers.

The global broadcast switchers market is moderately consolidated in nature. Sony Electronics, Evertz Microsystems, Snell, Ross Video, Utah Scientific, Blackmagic Design Pty., Broadcast Pix, Grass Valley, NewTek, FOR-A Co., Panasonic Corp., and Ikegami Electronics are the major companies operating in the global broadcast switchers market.

Here’s a snapshot of the latest initiatives by major companies in the global broadcast switchers market:

• Ross Video is one of the market leaders in the global broadcast switchers market. Recently, KDLT-TV, an NBC-affiliated television station in the U.S., installed Ross Videos’ ‘Ross Carbonite +2M’ production switchers as a part of its HD rebuild project. Owing to this, analysts expect a significant hike in the market standing of Ross Video in the U.S.

In June, 2015, the company announced that it has forged a strategic partnership agreement with Sweden-based Danmon, where the latter will represent Ross Video in Sweden. As part of this agreement, Danmon will offer a complete range of live production solutions from Ross Video to customers in the Swedish broadcast switchers market. This move is likely to boost the international business of the company.

Browse Market Research Press Release of Broadcast Switchers Market: http://www.transparencymarketresearch.com/pressrelease/broadcast-switchers-market.htm

• Grass Valley, another leading player in the global broadcast switchers market has taken the same route as Ross video for business promotion. It has entered into a deal with QVC, a home shopping network, to supply Kayenne K-Frame production switchers to be installed in the broadcast facility of QVC.

• Broadcast Pix has recently introduced its mobile integrated production switchers under the Roadie brand name. This production switcher is designed to provide an HD workflow with in-built HD streaming and recording as well as built-in Wi-Fi and two network inputs in order to accommodate a hotspot for connecting to cloud-based services such as Skype. Roadie is available on the market at a price of US$12,495. 

With a customer base in almost 110 countries, Broadcast Pix has established itself as one of the leading players in the global broadcast switchers market, as it boasts a product base raging from compact systems with end-to-end integration to large-scale systems for high-end live productions.

TMR analysts forecast that the increasing adoption of ultra HD and 3D technology will create new growth avenues for the global broadcast switchers market.