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LED Light for Camera Market worth $1,489.59 million by 2030, growing at a CAGR of 9.39% - Exclusive Report by 360iResearch

02-21-2024 10:08 AM CET | Consumer Goods & Retail

Press release from: 360iResearch

LED Light for Camera Market | 360iResearch

LED Light for Camera Market | 360iResearch

The "LED Light for Camera Market by Product (Panel Light, Ring Light, Rope Light), Model (Off-Camera, On-Camera), Device Type, Application, Sales Channel, End-User - Global Forecast 2023-2030" report has been added to 360iResearch.com's offering.

The Global LED Light for Camera Market to grow from USD 726.36 million in 2022 to USD 1,489.59 million by 2030, at a CAGR of 9.39%.

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An LED light for cameras is a compact and energy-efficient lighting accessory that helps enhance the quality of photos and videos by providing continuous, well-balanced illumination. It plays a crucial role in overcoming challenging lighting conditions and capturing clearer images with proper color rendition. The growing popularity of LED lights for amateur cameras can be attributed to several factors, such as increasing demand for better image quality and the need for user-friendly camera accessories. The sustainability factor is another advantage of using LEDs, as they have lower energy consumption rates compared to traditional bulbs such as incandescent or fluorescent lamps. This results in reduced carbon emissions, significantly contributing to environmental conservation efforts and responsible photography. LED panels are lightweight and come in various sizes that can be easily mounted on top of cameras or tripods. They also offer adjustable brightness levels, allowing photographers to fine-tune light intensity according to their requirements. Some models even allow users to adjust color temperatures ranging from daylight to tungsten-balanced light, further enhancing creative control over image aesthetics. However, the technical and operational limitations of LED lights impact their usage for cameras. As technology continues to evolve rapidly, future advancements can address these limitations and improve the existing features of LED lighting solutions in photography applications. The evolution of technology has also led to more sophisticated LED lighting solutions with advanced features such as wireless control options, bi-color functionality, diffusers, filters, and barn doors that help shape the light output.

Device Type: Increasing demand for high-quality LED lights in professional cameras and studio equipment for better video production

LED lights for cameras have become an essential accessory for both amateur and professional photographers as they provide improved lighting in various conditions, enhancing the overall quality of the images captured. High-quality LED lights are crucial for professional cameras and studio equipment as they ensure consistent, accurate colors and eliminate shadows during photo shoots or video productions. With smartphone camera technology constantly improving, there is a growing demand for portable LED lights that cater to mobile photography enthusiasts. In surveillance cameras, infrared (IR) LED lights enable night vision capabilities. In addition, an innovative combination of high-performance sensors and supplemental LED lighting enables colorful images in low-light conditions, resulting in the high adoption of surveillance cameras.

Application: Wide applications of LED lights in shooting portraits and events due to its greater flexibility in lighting effect

In photography, LED lights have cemented their position as a staple piece of equipment for amateur and professional photographers. The continuous lighting provided by these LEDs allows photographers to clearly visualize and adjust the final composition before capturing the image, thereby reducing the need for extensive post-processing work. Modern LEDs come equipped with adjustable color temperatures ranging from warm to cool tones, offering flexibility crucial for capturing accurate skin tones or enhancing specific scene aspects. Videography requires a more dynamic lighting approach that often extends well beyond natural sources. They consume significantly less power than traditional incandescent bulbs while producing minimal heat output, a vital factor considering prolonged shooting durations in confined spaces or during outdoor projects under challenging weather conditions. Modern LED panel lights have also seen significant innovation in terms of built-in features such as dimming capabilities or red-green-blue (RGB) functionality that enables users to access millions of colors via remote control or smartphone apps without needing additional filters or gels. With the rapid rise of live-streaming platforms and content creators, LED lights have gained traction as an invaluable tool for ensuring professional-looking videos across various industries, including education, entertainment, and business sectors. In a live-stream setting, consistent lighting is paramount to ensure viewer engagement and retention rates. LED ring lights are particularly popular in this segment due to their ability to cast flattering, shadow-free illumination on the subject while capturing their facial features with minimal distortion.

Product: Increasing use of panel lights in professional setups such as studios or during on-location shoots

Panel lights offer broad and soft illumination, making LED light ideal for photography and videography purposes. These are commonly used in professional setups such as studios or during on-location shoots. Ring lights provide even illumination around the subject's face, which are used in portrait photography and vlogging. In addition, its unique circular design also creates a flattering catchlight in the eyes of the subject. Rope light offers flexibility in terms of mounting options and shapes that can be created with it, making it popular among creative photographers for better ambiance to their sets. Roto lights are known for their unique rotating design, providing a smooth transition between warm and cool lighting tones. They are ideal for filmmakers or photographers requiring quick adjustments on set. Spotlights provide focused illumination for specific areas, which makes them suitable for highlighting subjects in scenarios such as interviews or dramatic photoshoots. Strip lights offer versatile and customizable solutions for accentuating long lines or broad surfaces such as walls and ceilings, making them popular among interior designers, architects, and photographers.

End-User: Growing demand for LED lights by amateur photographers for its affordability and ease of portability

Many amateur enthusiasts explore their creativity by capturing stunning images and videos with the growth in high-quality cameras becoming more accessible and affordable. LED light for cameras offers an excellent solution for these users, given their user-friendly nature, portability, and budget-friendly options. Amateurs often use LED lights in various applications such as portrait photography, product shoots, landscape or nature photography, vlogging, social media content creation, home videos, and travel photography. Professionals demand high-performance lighting solutions tailored to their specific requirements in various commercial settings such as studio photography, fashion shoots, film production sets, documentaries, interviews/news broadcasts, live events/concerts coverage, and sports events coverage. Amateurs require a broader range of LED lighting options, from compact on-camera lights for run-and-gun shooting scenarios to larger panel lights or studio light setups for controlled environments. Professionals often invest in premium products that offer robust build quality, longer-lasting battery life or power sources, higher brightness levels, better heat dissipation systems, and advanced control modes.

Sales Channel: High adoption of online sales channels for convenient shopping experience

The offline sales channel for LED lights for cameras includes brick-and-mortar stores such as specialty photography shops, large electronic retailers, and departmental stores. These physical locations allow customers to test the products before purchase, seek advice from knowledgeable staff, and acquire items immediately without waiting for shipping. On the other hand, online sales channels provide wider accessibility to LED lights for camera users through eCommerce platforms, such as Amazon, B&H Photo Video, and Adorama. Online channels offer a convenient shopping experience with options to compare products and prices across various sellers. Consumers seeking a broader range of choices, competitive pricing, or convenience in purchasing prefer the online sales channel.

Model: Emphasis on On-camera LED lights owing to its convenience

Off-camera LED lights are essential for professional photographers and videographers to fully control lighting conditions to create unique, high-quality images. These lights are mounted on light stands and used with other accessories such as softboxes or reflectors. On the other hand, On-camera LED lights are crucial for on-the-go photographers and videographers for portable solutions to enhance lighting conditions during shoots. These lights directly mount onto the camera's hot shoe or cold shoe adapter and improve image quality by providing balanced illumination to subjects.

Regional Insights:

In the Americas, there is a strong demand for high-quality video production driven by the entertainment industry and amateur photographers, expanding the demand for LED lights for cameras. With the rise of content creators on social media platforms such as YouTube and Instagram throughout North America and South America, there has been an increase in demand for portable LED light solutions such as ring lights that enable users to capture professional-grade images while on the go. Asia stands out as one of the largest markets for consumer electronics worldwide, representing a significant opportunity for companies specializing in LED light products for cameras. The region's rapid economic growth has led to an increased demand for higher-quality video production among businesses across different industries, including advertising agencies and corporate events organizers. Additionally, Asia boasts thriving film industries in countries such as India and China, where professionals require advanced lighting solutions, including LED lights, to achieve optimum results. Key players operating within this region cater to professional videographers/photographers and general consumers who aspire to high-quality videos/photos on social media platforms or personal projects. In Europe, there is a high demand for energy-efficient lighting products due to environmental concerns and strict regulations on reducing energy consumption. Since LED lights are energy efficient compared to traditional lighting options such as tungsten or halogen bulbs, their popularity has increased significantly among European film producers and photographers who prioritize sustainable practices. Players in the region are expanding their online presence to provide new products to a larger audience interested in photography, including photography and filmmaking students.

Market Segmentation & Coverage:

This research report categorizes the LED Light for Camera Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Panel Light, Ring Light, Rope Light, Roto Light, Spot Light, and Strip Light. The Roto Light commanded largest market share of 9.42% in 2022, followed by Spot Light.

Based on Model, market is studied across Off-Camera and On-Camera. The Off-Camera commanded largest market share of 73.68% in 2022, followed by On-Camera.

Based on Device Type, market is studied across Cameras, Professional Cameras/Studio Equipment, Smartphones, and Surveillance Camera. The Professional Cameras/Studio Equipment commanded largest market share of 43.32% in 2022, followed by Cameras.

Based on Application, market is studied across Live-Streaming, Photography, and Videography. The Photography commanded largest market share of 56.33% in 2022, followed by Videography.

Based on Sales Channel, market is studied across Offline and Online. The Offline commanded largest market share of 67.77% in 2022, followed by Online.

Based on End-User, market is studied across Amateur and Professional. The Professional commanded largest market share of 77.88% in 2022, followed by Amateur.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New Jersey, New York, Ohio, Pennsylvania, Texas, and Wisconsin. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 39.21% in 2022, followed by Europe, Middle East & Africa.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the LED Light for Camera Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the LED Light for Camera Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the LED Light for Camera Market, highlighting leading vendors and their innovative profiles. These include Aputure Imaging Industries Co.,Ltd., ARRI AG, Astera LED Technology GmbH, COLBOR, Digitek by IMS Mercantiles Pvt. Ltd., Draco Broadcast Inc., Eastman Kodak Company, F. J. Westcott Company, Godox Photo Equipment Co., Ltd., Guangdong SIRUI Optical Co., Ltd., GVM LED, Hiffin, iFootage, Jinbei by RCP Handels-GmbH & Co. KG, Logitech International S.A., Lume Cube, Inc., Nanlite US, Neewar, Ningbo Brightenlux Electric Appliance Co., Ltd., OAK LED Co. Limited, Pixel Enterprise Limited, Profoto AB, PromarkBRANDS, Inc., Rotolight Group Ltd., SANDMARC, Shenzhen YONGNUO Electronic Equipment Co., Ltd., Signocomplex Limited, Videndum PLC, Viltrox, and Waveform Lighting, LLC.

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Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. LED Light for Camera Market, by Product
7. LED Light for Camera Market, by Model
8. LED Light for Camera Market, by Device Type
9. LED Light for Camera Market, by Application
10. LED Light for Camera Market, by Sales Channel
11. LED Light for Camera Market, by End-User
12. Americas LED Light for Camera Market
13. Asia-Pacific LED Light for Camera Market
14. Europe, Middle East & Africa LED Light for Camera Market
15. Competitive Landscape
16. Competitive Portfolio
17. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the LED Light for Camera Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the LED Light for Camera Market?
3. What is the competitive strategic window for opportunities in the LED Light for Camera Market?
4. What are the technology trends and regulatory frameworks in the LED Light for Camera Market?
5. What is the market share of the leading vendors in the LED Light for Camera Market?
6. What modes and strategic moves are considered suitable for entering the LED Light for Camera Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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