Broadcast

Broadcast
market

Vitec supplies broadcasters, cinematographers and independent content creators with a variety of products and services to assist in the capture and transmission of video images.

The Broadcast market comprises products and services used in the production of content for broadcasters and cinematographers, whether in studio or on location. The growing professional video segment includes products and services used in the production of video by independent content creators including education and religious establishments, corporate entities and governmental bodies.

We estimate that the Broadcast addressable market for products and services supplied by Vitec is worth around £880 million annually. This includes the traditional broadcast and film markets as well as the video production market. Vitec is well positioned due to its broad geographical reach and premium products. We have a global sales team that provides strong international coverage and is able to offer a full range of products and services to our customers all over the world. This market has seen some variability in demand in 2015 with declines in the traditional broadcast studio segment and growth in video production by independent content creators.

Increase in video
There has been a significant increase in the amount of video being shot globally. This has been stimulated by the ease with which independent content creators can capture, edit and distribute content, for example over the internet and the rise in popularity of hand-held devices. It has also grown thanks to the increased video capabilities of photographic cameras.

High definition transition and higher image quality led by sporting applications
Television production is increasingly being shot in high definition which has resulted in studios being upgraded, camera replacement cycles shortening and increased demand for our products. As producers seek to shoot higher quality images, 4K high definition cameras are being manufactured, although their adoption is in its infancy. Sports broadcasting remains at the forefront of higher quality images as broadcasters seek to differentiate their offerings.

Broadcasters’ capital expenditure
Broadcasters’ ability and willingness to incur capital expenditure on the construction or refurbishment of studios depends partly on their financial performance. Those broadcasters funded by subscription income have performed well and expanded with new operations globally. Those broadcasters reliant on advertising expenditure continue to invest in their capabilities but tend to be more susceptible to macroeconomic conditions. The savings and efficiencies offered by LED lighting compared with traditional lighting drive the sale of those products too.

Wireless transmission of data
We see accelerating growth in the use of wireless devices to transmit data and images. We believe this will continue including the use of high performance antennas alongside low latency transmitters and receivers. The cost-effectiveness, range and quality of video data encoders, decoders and related components allows users to monitor and transmit images at increasingly lower costs.



Camera supports

With our multiple brands, comprising Vinten, Sachtler, OConnor and Manfrotto, providing broadcast and video manual supports, we have the premium position and largest market share. Vinten mainly operates in the broadcast studio segment, Sachtler and Manfrotto in the broadcast location and video segments and OConnor in the film segment. We also supply robotic camera systems mainly for news and sports applications through our Vinten and Camera Corps brands.

Monitors

SmallHD is a leading provider, being number three by sales value of high-quality, high-definition on-camera dedicated field monitors used by broadcasters and independent content creators.

Prompting

With our premium brands of Autocue and Autoscript, we are the number one, by value, for the supply of prompting equipment to the broadcast market.

Lighting

Litepanels led the way in the adoption of LED lighting in the video segment and “on location” for broadcast. It is now also the leader in the use of LEDs in broadcast studios.

Mobile power

Anton/Bauer is the leading brand with a number one position, by value, in the after-market for camera batteries and chargers in the broadcast sector.

Wireless systems

Teradek has the largest installed base of equipment in the US video segment for cellular and wi-fi systems.

Robotic camera systems

We supply robotic camera systems mainly for news, reality programmes and sports application through our Vinten and Camera Corps brands and hold the number two position globally by value.

Distribution, rental & services

Through our Bexel brand in the US and Europe, we are one of the world’s largest suppliers of broadcast equipment and technologies, renting equipment to and providing custom solutions for leading broadcast organisations and production companies.