Market Introduction
A camera stabilizer is an accessory that reduces motion blur to enable the camera users to capture sharp photographs and videos. Initially, the use of camera stabilizers was limited to the media & broadcast industry; however, the accessory has now gained popularity among small moviemakers and online content creators. Over the past few decades, the global entertainment and media sector has experienced significant growth on the back of the increased production of different genres of video content for both TV and big screen. Rapid transformation in technologies, consumer behavior, and business models have brought changes in consumer preference for experience and pay for entertainment and the media.
Market Overview and Dynamics
The Asia-Pacific electronic camera stabilizer marketis expected to reach US$386.1Mnby 2027 from US$182.0 Mn in 2019; it is estimated to growat a CAGR of 10.0% from 2020 to 2027.The growing adoption of consumer electronics such as camcorders, digital cameras, and smartphones, and the increased spending capability of customers are anticipated to drive the demand for camera stabilizers in the region during the forecast period.Further, the escalating popularity of the film industry has encouraged professionals to come up with increased levels of creativity in cinematography. They are increasingly trying out imaginative work involving perfect motionby capturing creative shots through specialized lenses. Professional photographers use specific equipment such as rigs and camera stabilizers to get artistically perfect shots. Therefore, the rising demand for action photography is propelling the use of camera stabilizers.
Key Market Segments
In terms of type, the handheldsegment accounted for a larger share of the Asia-Pacific electronic camera stabilizer marketin 2019. In terms of distribution channel, the offline segment held a larger market share in 2019. Further, the DSLR segment held the largest share of the market based on application in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the electronic camera stabilizer market in Asia-Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Gudsen Technology Co., Ltd.;NINGBO EIMAGE STUDIO EQUIPMENT CO., LTD.;SZ DJI Technology Co., Ltd.;Tilta Technology Co., Ltd.; andZhiyun; among others.
Reasons to Buy Report
ASIA-PACIFIC ELECTRONIC CAMERA STABILIZER MARKET SEGMENTATION
By Type
By Distribution Channel
By Application
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 182.0 Million |
| Market Size by 2027 | US$ 386.1 Million |
| CAGR (2020 - 2027) | 10.0% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Electronic Camera Stabilizer Market is valued at US$ 182.0 Million in 2019, it is projected to reach US$ 386.1 Million by 2027.
As per our report Asia Pacific Electronic Camera Stabilizer Market, the market size is valued at US$ 182.0 Million in 2019, projecting it to reach US$ 386.1 Million by 2027. This translates to a CAGR of approximately 10.0% during the forecast period.
The Asia Pacific Electronic Camera Stabilizer Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Electronic Camera Stabilizer Market report:
The Asia Pacific Electronic Camera Stabilizer Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Electronic Camera Stabilizer Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Electronic Camera Stabilizer Market value chain can benefit from the information contained in a comprehensive market report.
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