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CO21048382 |
Pages: NA |
Apr 2021 |
The global camera stabilizing mount market grew at a high CAGR in years 2014-2019. Camera stabilizer is a device designed to provide stability to camera movements while shooting an image or a video. Camera mount is important equipment used in media and broadcast industry to produce or record music videos, films, and documentaries. The mount allows smooth recordings. It helps in reducing stress and tiredness on arms by reducing the chances of occurrence of muscle cramps while shooting. Camera stabilizing mounts are used with DSLRs, smartphones, underwater cameras, cinema cameras, and action cameras.
It is expected that the camera stabilizing mount market will expand exponentially at a high CAGR in the forecast time. The camera stabilizing mount provides physical support to the camera while shooting a high-quality video or image. Increasing trend for good images and video quality in the entertainment industry is likely to accelerate the camera stabilizing mount market. However, high cost of camera mounts is predicted to restrain the camera stabilizing mount market growth. Asia-Pacific shows a promising growth in the camera stabilizing mount market owing to its fast-growing entertainment and broadcast industries.
The market for camera stabilizing mount is expected to witness an exponential growth in the forecast period owing to the increasing adoption of camera accessories in a number of applications, like security, sports & adventure, healthcare, enterprise, entertainment and industrial. The mount technology has evolved with many impressive features that allow users to record and shoot videos in a unique and stable way to generate a good quality work.
The escalating popularity of the camera stabilizing mount in the entertainment industry has nurtured the creativity of people in cinematography, media, and broadcast industry. This has raised the expectation level of capturing various imaginative shots with perfect motion sensing.
Good quality camera mounts are expensive for most people and this factor hinders the growth of global camera stabilizing mount market. Average battery life of mounts is approximately 3 to 4 hours and they need to be charged again. Sometimes, in extreme situations the photographers are unable to get any facility for charging their mounts. This also impacts the growth of camera stabilizing mount market.
In some types of mounts, for instance, Steadicam, setup takes longer time than expected and requires skill to operate. Lack of skilled people who know how to set up and operate a camera mount is also a major restraining factor for the global camera stabilizing mount market.
Improved internet connectivity and a rise in social media platforms has increased both exposure and the competition among people to provide a good quality images and videos. Also, increasing demand of high-quality video recordings and images in marriages, parties, and others have opened many opportunities for the industry players to innovate and provide different types of mounts. These factors have increased the opportunities for the camera stabilizing mount market globally.
The rising investment option in the camera stabilizing mounts to cater the demand of high-quality recordings has driven the global market of camera stabilizer. Technological advancements in the video quality with 4K, 6K, and 8K camera resolution has further catalyzed the market growth.
Based on type, the global camera stabilizing mount market is bifurcated into body mounted and hand held type. Hand held segment holds the largest market shares in global camera stabilizer market and is forecasted to grow at a high CAGR in the forecast period.
Body mount cameras are expected to gain popularity in security industries. For instance, body-worn cameras are majorly utilized for the enforcement of law and helps in recording the interactions among the people, gathering evidence in the form of video from the crime scenes, and many more.
On the basis of application, the global camera stabilizing mount is segmented into cinema camera, action camera, DSLR, and smartphones. Cinema camera segment holds the highest demand in the global camera stabilizer market due to increasing demand for smooth and high quality of video recording, however, smart phones segment is poised to grow with highest CAGR during the forecast period.
Smart phones segment is expected to grow with high CAGR in the forecast period due to its easy handling and portable nature.
Based on region, the camera stabilizing mount market is segmented across North America, Europe, Asia-Pacific, and LAMEA.
North America is the leading region for the camera stabilizing mount market and is expected to grow in the forecast period of 2020-2025 due to the well-established manufacturing companies and a wide consumer base.
Asia-Pacific region is expected to grow at the highest CAGR in global camera stabilizing mount market in the coming years due to quick advancements in technologies and entertainment industries.
The major manufacturers in the global camera stabilizing mount market are Letus Corporation, Glidecam Industries, Inc., Flyfilms, Shape, Ikan Corporation, Tilta Inc., Ningbo Eimage Studio Equipment Co.,Ltd., Gudsen Technology Co., Ltd., SZ DJI Technology Co., Ltd., and Rhino.
Aspect |
Particulars |
Historical Market Estimations |
2019 |
Base Year for Market Estimation |
2020 |
Forecast timeline for Market Projection |
2021-2028 |
Geographical Scope |
North America, Europe, Asia-Pacific, LAMEA |
Segmentation by Type |
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Segmentation by Application |
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Key Regions Covered |
China, India, Japan, USA, Canada, France, UK, Germany, Spain, Austria |
Key Companies Profiled |
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