Electronic Camera Stabilizer Market to Reflect Impressive Growth Rate by 2027 with Key Companies like edelkrone, Glidecam Industries, Gudsen Technology, Ikan Corporation and Letus Corporation

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 developments in 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 the big screen. Rapid technological changes, consumer behavior, and business models have changed consumer preferences 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 of 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. There has been an increase in the amount of online content in the past few years. This is due to the increased penetration of the Internet and the impact of social media on consumers.

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A camera stabilizer is an accessory that reduces motion blur in order to capture sharp photographs and videos. Professional photographers initially used camera stabilizers in the media & broadcast industry; however, they have now gained popularity among small movie makers and online content creators. 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 the big screen.

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of the supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Procurement as-a-Service Market’ provides the analysis of the impact of Covid-19 on various business segments and country markets. The reports also showcase market trends and forecasts for 2028, factoring in the impact of the Covid -19 Situation.

The scope of the Report:

The report segments the global Electronic Camera Stabilizer Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Electronic Camera Stabilizer Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

COVID-19 Impact on Electronic Camera StabilizerMarket

The US, Brazil, Russia, India, Spain, Italy, Germany, the UK, and China are among the worst-affected countries due to the COVID-19 outbreak. The outbreak first began in Wuhan (China) in December 2019, and it has now spread across various countries in the world. As per the latest WHO figures, there are a total of 7.27 million confirmed COVID-19 cases globally with ~413,000 total deaths, and the number is growing at varying rates in different countries. The COVID-19 crisis has affected various industries worldwide, and the global economy is anticipated to face a slump in 2020, which is also likely to continue in 2021. The effect of COVID-19 on various economies differs on the basis of the spread of infection in those particular countries.  As a result, the prevalence of nationwide lockdowns to minimize the transmission of the virus has significantly disrupted the supply chain activities as well as the production of components, equipment, controller, and raw materials related to electronic camera stabilizers. The lockdown has also imposed restrictions on the shooting schedules in the film and entertainment segments to maintain social distancing. Moreover, the disrupted tourism industry has also imposed limitations on bloggers and content creators.

Major highlights of the report:

All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market

Major key players covered in this report:

edelkrone
Glidecam Industries, Inc.
Gudsen Technology Co., Ltd.
Ikan Corporation
Letus Corporation
NINGBO EIMAGE STUDIO EQUIPMENT CO., LTD
Rhino Camera Gear
SZ DJI Technology Co., Ltd.
Tilta Technology Co., Ltd.
Zhiyun

Electronic Camera Stabilizer Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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Reason to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Electronic Camera Stabilizer market.
Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
The key findings and recommendations highlight crucial progressive industry trends in the Electronic Camera Stabilizer market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue. 
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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