Global Camera Stabilizer Market; by Application Type (Action Camera, DSLR, Cinema Camera, and Smartphones); By Type (Hand Held and Body Mounted); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Camera stabilizer is a camera device designed to hold the camera in a position that enables the prevention of unnecessary movement to make smooth photos and videos possible for a cameraman. Originally, camera-stabilizers were used by press & broadcast industry and skilled photographers however, its growing importance has become popular among small movie producers, online content creators and even among frequent customers.
This repport anticipates the Camera Stabilizer market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. According to the report, the growth can be attributed due to the advent of rising Video content creators. Rapid technological developments, customer preferences and business models have changed the ways in which consumers want and pay for entertainment and media.
Camera Stabilizer Market: Segments
Global market has been segmented on the basis of application, type and by location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.
By Application type (in %), global Camera Stabilizer Market, 2019
The Cinema camera segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.
The global Camera Stabilizer Market is segmented by Application Type into: Action Camera, DSLR, Cinema Camera, and Smartphones
Stabilizers are used for filming smooth videos with movie cameras. Throughout the media and entertainment sector, the use of cinema cameras has a strong impact. Entertainment industry professionals tend to capture events and movies with high-quality video cameras. Cinema cameras and camera stabilizers are becoming more and more commonly available through the ever growing demand and availability of high-end technical cinema cameras.
Global Camera Stabilizer Market: Market Dynamics
• Greater demand
Enhanced technology in camera stability offers not only the improvement in base feature, but also builds up the existing technology. It provides additional features, such as modular camera stabilization and the implementation of a gyroscope for future development. Therefore, the adoption of camera stabilizers with practical cameras for the smartphones will also provide growth opportunities for market on the global level.
• Covid-19 Pandemic
One of the important factors restricting their market growth, particularly in developing countries is the emergence of COVID-19. This has disrupted all activities in entertainment industry including TV broadcast and sports. Many countries are facing the restriction imposed by the government and are avoiding shooting in order to follow the social distancing norms. Even the travel restriction imposed by the nations has made it difficult for vloggers and other content creators to move freely. This has disrupted the tourism sector and the end user industry vertical thereby decreasing the demand for Camera stabilizer.
Global Camera Stabilizer Market: Regions
Europe was the largest market accounting for XX% of total market volume share in 2019
Europe led the global market for biodegradable mulch films with XX% of the overall demand in 2019. The United Kingdom, Russia and Germany are three of Europe’s major market share contributors. European filmmakers have expanded their budgets with new technology. Europe’s video streaming market is rising at 3 percent, with average user revenue of USD XXXX. In the regional market for electronic camera stabilizers the growth of the video sharing industry should be significant.
In North America, throughout the projected period, USA will be the leading contributor to the demand of camera stabilizers this is due to the increased penetration of smart devices such as smartphones, video camera and other digital devices which has increased consumer spending on camera stabilizers and thus fueling the regional demand.
Global Camera Stabilizer Market: Key Players
• Glidecam Industries, Inc.
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Letus Corporation
• Tilta Inc.
• SZ DJI Technology Co., Ltd.
• Gudsen Technology Co., Ltd.
• Ikan Corporation
• Ningbo Eimage Studio Equipment Co.Ltd
• Other prominent players
Global Camera Stabilizer market report also contains analysis on:
• Camera Stabilizer Market Segments:
o By Type:
o By Raw material:
• Camera Stabilizer Market Dynamics
• Camera Stabilizer Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints