Analysis By Type (Body Mounted and Hand Held); Distribution Channel (Offline and Online); Application (Cinema Camera, DSLR, Action Camera, and Smartphone); and Country
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. Further, camera stabilizers are being profoundly used in the event industry owing to the increased affordability of cameras and their accessories, and growing consumer expectations for superior video quality. People today are spending heavily on capturing wedding ceremonies with high-quality video recordings. Therefore, the event management industry players have started investing in high-quality camera and related equipment to address this demand.
Market Overview and Dynamics
The North America electronic camera stabilizer marketis expected to reach US$658.9Mnby 2027 from US$373.3 Mn in 2019; it is estimated to growat a CAGR of 7.5% from 2020 to 2027.The growing adoption of consumer electronics such as camcorders, digital cameras, and smartphones, and increased spending capacities of customers are anticipated to drive the demand for camera stabilizers in the region during the forecast period.Continuous developments in film and web series production, especially with increasing demand for high-qualityvideos with 4K, 6K, and 8Kspecifications, are also expected to raise the demand for advanced cameras and stabilizers.This is, in turn, driving the growth of the North America camera stabilizer market.
Key Market Segments
In terms of type, the handheldsegment accounted for a larger share of the North Americaelectronic 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 North Americaare company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are edelkrone;Glidecam Industries, Inc.;Ikan Corporation;Letus Corporation;Rhino Camera Gear;SZ DJI Technology Co., Ltd.;and Tilta Technology Co., Ltd.;among others.
Reasons to Buy Report
Understand the North Americaelectronic camera stabilizer market landscape and identifymarket segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape of the market
Efficiently plan mergers and acquisition, and partnership dealsin the market by identifying market segments with the most promising probable sales
Make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various market segments
Obtain revenue forecast for market by various segmentsfor the period 2020–2027
NORTH AMERICAELECTRONIC CAMERA STABILIZER MARKET SEGMENTATION
By Type
Body Mounted
Hand Held
By Distribution Channel
Offline
Online
By Application
Cinema Camera
DSLR
Action Camera
Smartphone
By Country
US
Canada
Mexico
Company Profiles
edelkrone
Glidecam Industries, Inc.
Ikan Corporation
Letus Corporation
Rhino Camera Gear
SZ DJI Technology Co., Ltd.
Tilta Technology Co., Ltd.
North America Electronic Camera Stabilizer Market Strategic Insights
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North America Electronic Camera Stabilizer Market Segmentation Analysis
North America Electronic Camera Stabilizer Market Report Highlights
North America Electronic Camera Stabilizer Report Scope
Report Attribute
Details
Market size in 2019
US$ 373.3 Million
Market Size by 2027
US$ 658.9 Million
CAGR (2020 - 2027)
7.5%
Historical Data
2017-2018
Forecast period
2020-2027
Segments Covered
By Type
Body Mounted
Hand Held
By Distribution Channel
Offline
Online
By Application
Cinema Camera
DSLR
Action Camera
Smartphone
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
edelkrone
Glidecam Industries, Inc.
Ikan Corporation
Letus Corporation
Rhino Camera Gear
SZ DJI Technology Co., Ltd.
Tilta Technology Co., Ltd.
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North America Electronic Camera Stabilizer Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
How big is the North America Electronic Camera Stabilizer Market?
The North America Electronic Camera Stabilizer Market is valued at US$ 373.3 Million in 2019, it is projected to reach US$ 658.9 Million by 2027.
What is the CAGR for North America Electronic Camera Stabilizer Market by (2020 - 2027)?
As per our report North America Electronic Camera Stabilizer Market, the market size is valued at US$ 373.3 Million in 2019, projecting it to reach US$ 658.9 Million by 2027. This translates to a CAGR of approximately 7.5% during the forecast period.
What segments are covered in this report?
The North America Electronic Camera Stabilizer Market report typically cover these key segments-
What is the historic period, base year, and forecast period taken for North America Electronic Camera Stabilizer Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Electronic Camera Stabilizer Market report:
Historic Period : 2017-2018
Base Year : 2019
Forecast Period : 2020-2027
Who are the major players in North America Electronic Camera Stabilizer Market?
The North America Electronic Camera Stabilizer Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
edelkrone
Glidecam Industries, Inc.
Ikan Corporation
Letus Corporation
Rhino Camera Gear
SZ DJI Technology Co., Ltd.
Tilta Technology Co., Ltd.
Who should buy this report?
The North America Electronic Camera Stabilizer Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Electronic Camera Stabilizer Market value chain can benefit from the information contained in a comprehensive market report.
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