4K Camera Market 2018 by Global Leaders: Blackmagic Design, Canon, Infineon Technologies AG, Schneider Electric, Occipital, Sharp, Panasonic, Skyworth Digital Holdings

Market Research Future published a research report on “Global 4K Camera Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

4K Camera is basically ultra HD with a resolution of 4096 x 2160 pixels which is four times of full HD resolution. The extra resolution of 4K technology images gives better definition and clarity of pictures. Also, 4K technology is used in the sports sector. Features such as increased pixel density, high resolutions and better picture quality are boosting the growth of the 4K Camera Market.

Factors such as increasing disposable income, changing lifestyle and increasing demand for consumer electronics are driving the growth of the market. Whereas, high cost and initial investments are hampering the growth of the 4K camera market.

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Industry Updates:
Feb 2018 Canon camera has launched the first camera, the M50 which is among the first to use the DIGIC 8 tech which allows the camera to capture 4K video at 24 frames per second along with 1080p video, 720p video at 120fps and at 60fps. The DIGIC 8 feature also offers the M50 model fast still shooting speeds at the rate of 10 frames per second in JPEG or RAW with one-shot focus along with 7.4 frames per second with continuous focus.

Feb 2018 Sony has declared its "basic" model update with the A7 III mirrorless camera subsequent to the recently refreshed A7R III recently. The model comes ably equipped with a 24.2 MP sensor, an internal 4K HDR video capability which has been downscaled from 6K and Sony also states that the model comes with the longest rated battery life in any mirrorless camera which is attributed to its Z series battery. The model is expected to cost £2,000 for the body alone when it goes on sale in the European continent in March, followed by its launch in US in April.

Key Players

The key players in the global 4K camera market include- Canon Pvt Ltd (Japan), Infineon Technologies AG (Germany), Blackmagic Design Pty. Ltd (Australia), Schneider Electric (France), Sony Corporation (Japan), Occipital, Inc (U.S.), Axis Communications AB (Sweden), Sharp Corporation(Japan), Panasonic Corporation (Japan) and Skyworth Digital Holdings Ltd (China) among others.

4K Camera Segmentation

According to Market Research Future, market has been segmented into type, application and region.

On the basis of application, market can be segmented into retail, consumer electronics, entertainment, education, advertisement, defense and aerospace among others. Out of these application, entertainment accounted for the largest market share majorly due to usage of these devices in the sport sector such as football, tennis and cricket among others. For instance, In 2015, 4K camera was widely used in ICC Cricket World Cup for better picture quality with high resolution by using spider cameras

Apart from these applications of the devices they are expected to work best to monitor wide areas and to identify other objects. The devices are used for parking structures, airports, casinos and train stations.

Competitive Analysis

The companies in this industry space are connecting their resources to achieve their vision for achieving considerable portion of the business as early as possible. This consequence is productive for firms so that they may maintain fiscal liquidity to take the best conclusions in terms of strategy execution and planning. The rewarding scenarios accessible in this market are being utilized by candidates who are trying to extend their market coverage by centered development which will prove to be perfect for the growth of this industry sector. The products that are on offer presently vary greatly due to the reason of the strong pace of technological discoveries. This has raised the chances for the approaching growth period.

Regional Analysis

While considering the region wise analysis of the 4 K camera market, the Asia-Pacific market controls the biggest market share due to growing competition among companies, amplified adoption of fresh technological results, growing demand for consumer electronics and rising levels of disposable income. Nonetheless, the North-American area is projected to significantly develop over the forecast period. The reason which can be credited to the technological developments. The region is also the major importer for 4K cameras and the market is further propelled by rising demand for better picture quality.

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Intended Audience

• Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Software Developers
• Vendors
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors

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