Global Matrix Switches Market Growth during the Forecast Period, 2018-2026
Posted by Arslan on January 30th, 2019
The matrix switches routes multiple audio, video or HDMI sources to multiple audio or video destinations. These matrix switches accept audio and video signals as input sources from various electronic devices such as cameras, computers, etc. and route the output signals to multiple destinations, such as video conference codecs, projectors and display systems, etc. The key manufacturers in the Matrix Switches Market are focused on offering a variety of matrix switches that reduces equipment and energy costs, increase power handling capacity and lower the insertion loss. The matrix switches come in different types such as audio matrix switches, video matrix switches, HDMI matrix switches, AV matrix switches and others.
These matrix switches are used in various application such as conferences, corporate boardrooms, entertainment, command & control centers, classrooms, and courtrooms, etc. The leading players in the matrix switches market are increasing their R&D investment and perform rigorous testing on all the matrix switches to offer long lasting and efficient products that will improve the presentation efficiency and maximize the space utilization. The audio/video matrix switch routes audio and video signals from many computers or cameras to various displays and speakers and is capable of connecting to as many as 32 inputs and 16 outputs. Also, these audio/video matrix switch supports high video resolution and stereo audio. These matrix switches offer reliability and scalability, which is a crucial factor that can boost the growth of the matrix switches market.
The key vendors in the matrix switches market are focused on product innovation and increase investment on R&D of matrix switches. The matrix switches vendors are also focusing on differentiated offerings that will help them gain a competitive advantage in the matrix switches market. Also, the matrix switches vendors are also focusing on expanding their product portfolio by developing innovative matrix switches. Therefore, the introduction of advanced technologies and rise in the demand of matrix switches in various audio and video applications are the key factors that are expected to drive the growth of the matrix switches across the globe.
Global Matrix Switches Market: Dynamics
High power handling capacity and low insertion loss are the key factors that are boosting the growth of the matrix switches market. Also, the rise in adoption of video matrix switches in conferences, home theater and other entertainment facilities, which is driving the growth of the matrix switches market.
However, the high installation and maintenance cost of matrix switches can be a restraining factor that can hamper the growth of the matrix switches market.
The shifting trend towards the automation of TV broadcasting and the rapid increase in the proliferation of HD video surveillance systems is creating growth opportunities for key vendors in the market.
Global Matrix Switches Market: Competition Landscape
Examples of some of the key players in the global matrix switches market include JFW Industries, Inc., Network Technologies Incorporated, Roland Corporation, ATEN INTERNATIONAL Co., Ltd., National Instruments, Dow-Key Microwave Corporation, Tyco International Ltd., Black Box Corporation, Tripp Lite, Apantac LLC, FSR, INC., Control4 Corporation, Kramer Electronics Ltd., IHSE GmbH, Extron Electronics and Triax A/S, etc.
Global Matrix Switches Market: Regional Outlook
The Asia Pacific region is expected to dominate the matrix switches market followed by North America and Europe region. The market in the Asia Pacific is expected to witness higher growth due to the vast presence of electronic vendors in China. The introduction of a variety of switches with maximum input and output ports and innovative features plays a vital role in driving the growth of the market in this region. Latin America and MEA are projected to contribute a significant share of the global market over the forecast period.
The research report presents a comprehensive assessment of the matrix switches market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, type and application.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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