Press release
Electronic Camera Stabilizer Market Size worth US$ 1,627.7 Million by 2027 | CAGR: 7.6%
According to our latest market study on “Electronic Camera Stabilizer Market to 2027 – COVID-19 Impact and Global Analysis and Forecast –by Type (Body Mounted and Handheld); Distribution Channel (Offline and Online); Application (Cinema Camera, DSLR, Action Camera, and Smartphones), and Geography” the market was valued at US$ 917.3millionin 2019 and is projected to reach US$ 1,627.7millionby 2027; it is expected to grow at a CAGR of 7.6% from 2020 to 2027.The report highlights the key factors driving the market growth, and prominent players and their key developmentsin the market.Over the past few decades, the global entertainment and media sector has experienced significant growth, which can be attributed to the increased production of different genres of video content on both TV and big screen. Rapid technological changes, consumer behavior, and business models have changed the consumer preference pertaining to experience and payment for entertainment and media channels. The leaders in this industry thus concentrate on establishing consumer-oriented businesses and brands to produce content in outstanding quality. As a result, they spend/invest on technologies and equipment such as computer generated image (CGI) and visual effects (VFX), as well as on different cameras and peripherals, including camera stabilizers.
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The Global Electronic Camera Stabilizer Market is anticipated to rise at a considerable rate over the estimated period between 2020 and 2027. The Global Electronic Camera Stabilizer Market Industry Research Report is an exhaustive study and a detailed examination of the recent scenario of the Global Electronic Camera Stabilizer industry.
Major Key Players Covered In This Report:
• edelkrone
• Glidecam Industries, Inc.
• Gudsen Technology Co., Ltd.
• Ikan Corporation
• Letus Corporation
• NINGBO EIMAGE STUDIO EQUIPMENT CO.,
• Rhino Camera Gear
• SZ DJI Technology Co., Ltd.
• Tilta Technology Co., Ltd
• Zhiyu
The US ha the world’s largest media and entertainment (M&E) industry. This industry in the US comprises of television programs, motion pictures, and commercials; music and audio recordings; streaming content; broadcast; video games; and ancillary services and products. As per the Entertainment & Media Outlook by PriceWaterhouseCoopers (PwC),for the period 2018–2023, the US M&E industry revenue is anticipated to be more than US$825 billion by 2023. Such predicted development in the M&E industry in the US is likely to boost the electronic camera stabilizer market during the forecast period.
The report segments the global electronic camera stabilizer market as follows:
ByType
• Body Mounted
• Handheld
By Distribution Channel
• Offline
• Online
By Application
• Cinema Camera
• DSLR
• Action Camera
• Smartphones
The research on the Electronic Camera Stabilizer market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Electronic Camera Stabilizer market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Electronic Camera Stabilizer market.
Electronic Camera Stabilizer Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defence.
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