Global Camera Stabilizers Market 2017-2021

Overview of the global camera stabilizers market

According to Technavio’s market research analysis, the rising use of camera stabilizers for action photography will be one of the major factors that will have a positive impact on the global camera stabilizers market during the forecast period. The rising popularity of the film industry has resulted in an increase in the creativity levels in cinematography.  Imaginative shots involving perfect motion are increasingly tried by professionals and are using specialized lenses to capture creative shots. To achieve the artistic side, professional photographers are using specific equipment, such as rigs and camera stabilizers to get perfect shots. In addition, action photography is also attracting professionals making use of high-quality cameras with camera stabilizers to capture picture-perfect moments. This rising demand for action photography is propelling the use of camera stabilizers. Our market research analysts predict that in terms of units, this market will grow at a CAGR of more than 11% by 2021.

The Americas will be the key revenue contributor of the camera stabilizers market throughout the forecast period. The increased adoption of consumer electronics such as digital cameras, camcorders, and smartphones and the increased spending capability of the consumers will drive the demand for camera stabilizers in the region.

Competitive landscape and key vendors  

The camera stabilizers market consists of many established players. The market includes the presence of high small vendors and these vendors are specific to certain regions around the world. Technological advancements, such as the use of remote control features, and new technologies like vibration reduction techniques, in camera stabilizers play a key role in driving the market growth.

The leading vendors in the market are –

• Feiyu Tech
• Ikan International
• Glidecam Industries
• Glide Gear
• Tiffen (steadicam)
• VariZoom

The other prominent vendors in the market are Camera Motion Research, Xiamen Came Photographic Equipment (CAME-TV), DJI, Freefly Systems, Gudsen Technology, Movo Photo, Neewer, PILOTFLY, Polaroid, Roxant, and WALSER.

Segmentation by type and analysis of the camera stabilizers market

• Handheld
• Wearable

During 2016, the handheld segment accounted for the major shares of the camera stabilizers market. Advantages such as the lightweight and easy to carry and increasing use for filmmaking and shooting action sports will contribute to the growth of the handheld camera stabilizers market in the coming years.

Segmentation by application and analysis of the camera stabilizers market

• Cinema cameras
• Underwater cameras
• DSLRs
• Smartphones
• Action cameras

According to this market research report, the cinema cameras segment will account for the maximum share of the camera stabilizers market until 2021. The rising demand for camera stabilizers in the film industry and the availability of high-end technological cinema cameras, will drive the market’s growth prospects in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global camera stabilizers market?
• What are the key market trends impacting the growth of the global camera stabilizers market?
• What are the challenges to market growth?
• Who are the key vendors in the global camera stabilizers market?
• What are the market opportunities and threats faced by the vendors in the global camera stabilizers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global camera stabilizers market?

Technavio also offers customization on reports based on specific client requirement.