About Camera Stabilizers
Camera stabilizers are part of the camera accessories market. Several camera accessories are used to enhance the features and extend the usage of cameras. Lenses, cases and bags, tripods, battery and chargers, docking stations, flash cards, and camera stabilizers are some of the camera accessories. The consumer electronics market is witnessing high growth worldwide. This is mainly because of the improving standards of living of the people. In addition, many new products with advanced technologies are being introduced in the market. This is attracting a large pool of customers. Camera stabilizers provide stabilization against user motion and offer enhanced videography. Camera stabilizers are simple to use, are powered by batteries, and compensate for video disturbances. They are widely used by amateur and professional videographers. Camera stabilizers are also used by tourists to capture high-quality photos and videos. Production houses use professional camera stabilizers to capture aerial shots and underwater shots.
Technavio’s analysts forecast the global camera stabilizers market to grow at a CAGR of 11.15% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global camera stabilizers market for 2017-2021. To calculate the market size, the report considers the unit shipments of smartphones, professional cameras, and cinema cameras along with their ASPs to calculate the revenue generated. It excludes the revenue generated from the sales of tripods or rigs.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Camera Stabilizers Market 2017-2021
Technavio recognizes the following companies as the key players in the global camera stabilizers market: Feiyu Tech, Ikan International, Glidecam Industries, Glide Gear, Tiffen (steadicam), and VariZoom.
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.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growth of online retail. E-commerce platforms have gained huge popularity over the years. Consumers are increasingly willing to shop online because of the rise in security levels. Fast delivery, easy return policies, and free shipping by some sites are some of the features that attract consumers to shop online. In addition, online retail stores offer consumers the convenience of having products delivered to their homes. Online retail has become one of the leading retail channels for camera stabilizer manufacturers to sell their products. The growing popularity of online shopping can be attributed to the rising consumer demands and increasing availability of different products.”
According to the report, one of the major drivers for this market is Increase in availability of low-cost camera stabilizers. Camera stabilizers have become an important equipment in the videography and entertainment industry. They are used to obtain stable and high-quality footage. The global camera stabilizers market has several vendors that are constantly trying to achieve product differentiation while offering quality features to customers at low prices. A wide variety of camera stabilizers are available in the market at different prices depending on the features they possess.
Further, the report states that one of the major factors hindering the growth of this market is Availability of counterfeit products. Piracy poses a serious threat to the camera accessories industry. The availability of counterfeit products threatens the integrity of products developed by manufacturers. The use of counterfeits also presents significant health and safety risks for consumers. Therefore, electronic component manufacturers must try and develop new solutions to improve the integrity and stability of the electronics supply chain.
Feiyu Tech, Ikan International, Glidecam Industries, Glide Gear, Tiffen (steadicam), and VariZoom, Camera Motion Research, Xiamen Came Photographic Equipment (CAME-TV), DJI, Freefly Systems, Gudsen Technology, Movo Photo, Neewer, PILOTFLY, Polaroid, Roxant, and WALSER.