Broadcasting Equipment Market Snapshot
The CATV segment accounted for the largest Broadcasting Equipment Market share in 2017, with a market value of USD 1,587.3 million; the market is expected to register a CAGR of 5.3% during the forecast period. The direct broadcasting satellite segment was the second-largest market in 2017, valued at USD 1,452.6 million; the market is projected to exhibit a CAGR of 5.8%. However, the market in the IPTV segment is expected to register the highest CAGR of 6.5%.
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The broadcast industry has transformed owing to digitization and subsequent developments of Internet services. The gradual shift to digital from analog delivery methods and the growth of online video platforms are among the key trends that have largely impacted the broadcasting ecosystem across the world. With such transformations in the broadcast technologies, advancements in broadcasting equipment have become more valuable than ever. The various factors contributing to the growth of global broadcast equipment market are the rising demand for ultra-high definition (UHD) content production and transmission, the shift of OEMs towards products that are hardware oriented to software-based and open architecture, and the growing demand of over-the-top content platforms via different channels. Furthermore, the adoption of 5G connectivity for broadcasting are likely to create opportunities for market players during the forecast period.
Broadcasting Equipment Market Companies Covered
The key players in the global broadcasting equipment market are Cisco Systems Inc. (US), Evertz Microsystems, Ltd (Canada), Belden Inc. (US), Clyde Broadcast (UK), Eletec Broadcast Telecom SARL (France), AVL Technologies, Inc. (US), Global Invacom Group Limited (Singapore), Euro Media Group (France), Telefonaktiebolaget LM Ericsson (Sweden), EVS Broadcast Equipment (Belgium), Harmonic Inc. (US), Sencore (US), ACORDE Technologies SA (Spain), ETL Systems Ltd (UK), ARRIS International PLC (US), TAMURA Corporation (Japan), Japan Radio Co. (Japan), Ikegami Tsushinki Co., Ltd (Japan), Shotoku Corp. (Japan), Panasonic Corporation (Japan), Hitachi, Ltd (Japan), and NEC Corporation (Japan).
Broadcasting Equipment Market Key Developments
In March 2019, Evertz Microsystems Ltd partnered with Ranovus Inc., a provider of multi-terabit interconnect solutions, to deploy Ranovus’s 200G CFP2 direct detect transceiver product into the Evertz software-defined video networking (SDVN) switch and routing infrastructure to enhance IP video distribution infrastructure and services
In February 2019, Red Bee Media, a wholly owned subsidiary of Ericsson, opened a brand-new Media Management facility at Broadcast Centre, London. This facility is fully integrated with a new AV ingest area, extensive post-production facilities and connected to all Red Bee Media supported Playout and OTT platforms.
In December 2018, EVS Broadcast Equipment signed an agreement with a European facility company to deliver the new XT-Via servers and upgrade the existing hardware and software to their latest versions.
In October 2018, Cisco System Inc. partnered with United States Golf Association (USGA) to enhance the fan experience at USGA championships and create new opportunities for content distribution on-site and worldwide by using Cisco’s technology. This partnership is expected to augment the broadcast studio at USGA headquarters to support various strategic initiatives such as learning golf’s new rules.
In March 2018, AVL Technologies, Inc. partnered with L3 GCS, Inc., a communications equipment company, to launch DarkWing terminal, a Ka-Band flat panel satellite communications terminal, to offer a lightweight, small, rugged, and portable system that provides high-speed data communications for the Internet, VPN connectivity and video transmission to its customers.
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Broadcasting Equipment Market Segmentation
By Application: Radio, Television (Terrestrial Television (Analog and Digital), Direct Broadcasting Satellite, CATV, and IPTV)
By Product: Dish Antenna, Amplifier, Switches, Video Servers, Encoders, Transmitters and Repeaters, Modulators, and Others
By Region: North America, Europe, Asia-Pacific, and Rest of the World
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