About the Digital Broadcast and Cinematography Cameras Market
Digital broadcast and cinematography cameras refer to the professional cameras that have special lenses of different focal lengths and high-density sensors to capture high-quality motion pictures. These cameras are operated by trained professionals such as broadcasters and cinematographers. Digital broadcast and cinematography cameras are broadly classified into three major categories: ENG cameras, cinema cameras, and EFP cameras. Each of them is used for different purposes. For instance, EFP cameras are preferred by production houses for recording short films, live shows, and sporting events as these cameras are equipped with supportive gears and the person handling the camera has time to set up the entire unit. ENG cameras are used by news broadcasters as these cameras have a minimal setup time.
Technavio’s analysts forecast the global digital broadcast and cinematography cameras market to grow at a CAGR of 1.23% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global digital broadcast and cinematography cameras market for 2016-2020. prospects of the global digital broadcast and cinematography cameras market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of broadcast and cinematography cameras, which include the following types of cameras:
Technavio Announces the Publication of its Research Report – Global Digital Broadcast and Cinematography Cameras Market 2016-2020
Technavio recognizes the following companies as the key players in the global digital broadcast and cinematography cameras market: ARRI, Blackmagic Design, Panasonic, Red, and Sony.
Other Prominent Vendors in the market are: Aaton Digital, AbelCine, Canon, CineForm, Grass Valley, Hitachi, Ikonoskop, IMAX, JVC, Moviecam, Nikon, Panavision, Silicon Image, Teledyne DALSA, and Vision Research.
Commenting on the report, an analyst from Technavio’s team said: “An emerging trend which will have a positive impact on the market is the shift in demand from developed nations to developing ones. The global digital broadcast and cinematography cameras market will experience a modest growth rate during the forecast period due to the growing demand from South America, Russia, South Africa, South Korea, and some countries in APAC. The main reason for the shift in demand is that the markets in developed countries such as the US and the UK have reached saturation. However, the market in developing nations is still in its nascent stage and has high growth opportunities. Also, the penetration level of digital broadcast and cinematography cameras in emerging countries in APAC and South America is very low, leading to increased demand from first-time buyers.”
According to the report, a key growth driver is the rising number of sporting events. Cricket World Cup, Fédération Internationale de Football Association (FIFA), Olympics, and Super Bowl are some of the most popular sporting events viewed by billions of people worldwide. Super Bowl, which is a popular American football game, has millions of viewers. Super Bowl XLIX, with 114.5 million viewers, was the most watched single television broadcast. Games like Rugby World Cup, Union of European Football Associations (UEFA) Champions League, Formula One Racing, Indian Premier League (IPL), and Wimbledon Tennis are some of the other games with the highest viewership. The growing number of sporting events is increasing the demand for the professional cameras to capture the minute details of the games, which are sometimes missed by the referees.
Further, the report states that one challenge that could hamper market growth is the long replacement cycle of cameras. Broadcast and cinematography cameras have an average replacement cycle of six years and require no replacement unless the product is damaged.
ARRI, Blackmagic Design, Panasonic, Red, Sony, Aaton Digital, AbelCine, Canon, CineForm, Grass Valley, Hitachi, Ikonoskop, IMAX, JVC, Moviecam, Nikon, Panavision, Silicon Image, Teledyne DALSA, Vision Research.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook