Broadcast switchers are professional television production equipment used for routing video and audio signals from a variety of sources like cameras, DVD players etc to video display devices like production monitors, audio consoles etc. They allow live production of television programs by selecting and switching between multiple video and audio sources. The global broadcast switchers market caters to the needs of broadcasters, production houses, studios and venues for live production of telecasts. With the rapid digitization of content and its distribution over the internet, traditional broadcasters are investing heavily in 4K/UHD infrastructure to meet viewer demands.
The global broadcast switchers market is estimated to be valued at US$ 2870.4 Mn in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing shift from traditional broadcasting to digital broadcasting is one of the key trends driving the broadcast switchers market. Traditional broadcasting over cable and satellite is slowly being replaced by digital broadcasting over the internet. Many content producers are adopting internet protocol or IP-based broadcasting infrastructure that allows multi-camera production and live streaming over the web. This has boosted demand for networkable and software-defined broadcast switchers compatible with IP infrastructure. Their integration with automation and cloud-based technologies further enables remote and unified control of production signals. This digitization and connectivity trend has significantly accelerated the uptake of advanced broadcast switchers across sectors.
Segment Analysis
The global broadcast switchers market is segmented into several types and applications. The production switchers segment held the largest share of more than 35% in 2024 as these switchers are widely used in professional broadcasting applications. They offer advanced features and functionalities suitable for mission-critical broadcast productions. The field switchers segment is expected to witness significant growth during the forecast period owing to the increasing usage of outdoor broadcasting and emergence of portable production switcher solutions.
Key Takeaways
The Global Broadcast Switchers Market Size is expected to witness high growth between 2024 to 2031 driven by increasing sports broadcasting activities and rising number of channels worldwide.
Regional analysis: North America dominated the global market in 2024 with a share of over 30% due to well-established broadcasting infrastructure and presence of leading broadcast equipment manufacturers in the region. Asia Pacific is projected to be the fastest growing regional market during the forecast period supported by increasing investments in broadcast infrastructure development projects and rising sports broadcasting in various countries like India and China.
Key players: Key players operating in the broadcast switchers market are Tsurumi Manufacturing Co. Ltd., Ingersoll Rand Inc., Wintek Corporation, Atlas Copco AB, Ebara Corporation, Flowserve Corporation, Becker Pumps Corporation, Busch Vacuum Solutions (Busch group), Global Vac, Pfeiffer Vacuum GmbH (Pfeiffer Vacuum Technology AG), Graham Corporation, and ULVAC Inc. Rapid product innovations and strategic collaborations between equipment providers and broadcasters are some of the key strategies adopted by these players to gain competitive advantage in the market.
For more Insights, Read –
https://www.marketwebjournal.com/broadcast-switchers-market-size-market-share-analysis/
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