Press release
Global Action Camera Market to Witness a Pronounce Growth During 2023
Action cameras are unlike any other kind of camera. They're designed to be attached to helmets, surfboards, cars and other objects, and they're small, tough and simple, with a lens that captures the world in high-definition video in a wide-angle fish-eye perspective.
The action camera industry had an explosive growth in recent years. Since 2009, the market-penetration rate of Action Camera is enlarging ，and Action Camera is gradually replacing other digital Cameras.
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Global Action Camera Market: Forecast by Type / Application / Region
Currently consumer sales, mainly for extreme sports has accounted for the vast majority of worldwide demand, however professional sales are set to accelerate, driven mainly by TV Shipments, emergency services, and security.
The largest threat to the action camera brand of United States currently is the Original Equipment Manufacture from Asia. They may elect to manufacture their own products that are similar to original brand. It will increase the additional competition from this companies, principally located in or originating from the Asia Pacific region, which offer very low cost products, including products modeled on, direct copies of, or counterfeits products. It will lead to cause market pricing pressure, customer dissatisfaction and harm to reputation and brand name.
Over the next five years, LPI(LP Information) projects that Action Camera will register a 28.7% CAGR in terms of revenue, reach US$ 24000 million by 2023, from US$ 5280 million in 2017.
Global Action Camera Market: Key Players
Gopro
SONY
Ion
Coutour
Polaroid
Garmin
Drift Innovation
Panasonic
SJCAM
Amkov
Veho
Chilli Technology
Decathlon
Braun
Rollei
JVC Kenwood
Toshiba
HTC
Kodak
Casio
RIOCH
XIAOMI
Ordro
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Related Information:
United States Action Camera Market Research Report 2018
Europe Action Camera Market Research Report 2018
North America Action Camera Market Research Report 2018
Asia-Pacific Action Camera Market Research Report 2018
China Action Camera Market Research Report 2018
EMEA Action Camera Market Research Report 2018
Global Action Camera Market Research Report 2018
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