ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research has announced the release of report titled “Broadcast Switchers Market (Production, Routing and Master Control) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019”. The report states that global broadcast switchers market was valued at US$1,200 million in 2012 and is expected to grow at a CAGR of 6.9% from 2013 to 2019. The report gives a detailed explanation of the market drivers, restraints, and opportunities for the global broadcast switchers market.

Crucial Market Drivers

The demand for global programs such as music concerts and live sporting events in the HD format is on the rise, due to which demand for special effects equipment has also witnessed a surge. The two factors put together are driving the global switchers market on the road to success. Analysts predict the HD channels market will grow from 4,500 to 7,547 at CAGR of 9.0% from 2013 to 2019, further fuelling the market growth.

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The report indicates, sport broadcasting is the fast growing segment of the global broadcast switchers market. Growing need for content and increasing usage of broadcasting equipments in news production, sports broadcasting, and corporate conferences are the primary factors leading to the growth of global broadcast switchers market.

Regional Analysis

In the forecasted period North America is expected to grow the fastest due to increasing studio production, sports broadcasting, and replacement of deployed switchers. Asia Pacific is also expected to show strong growth as many countries are switching from analogue to digital terrestrial broadcasting.

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