The Global Camcorders Market research report gives both subjective and quantitative research and investigation, and a look past the promotion that the market has encountered in the past years. This report likewise assesses the brilliant urban areas market including driving sellers and methodologies, (for example, a solitary merchant driven methodology), framework, arrangements, applications, and administrations. The report breaks down market elements driving solution adoption, innovation preparation and readiness for use, and different contemplations. This acknowledged investigation gives far reaching information that improves getting, degree, and use of this report.
Global camcorders Market is expected to rise to an estimated value of USD 3.97 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The rise in the market value can be attributed to the increase in international tourism departures and the launch of new updated features and varieties of camcorders. Few of the major competitors currently working in global camcorders market are Canon Inc., Sony Corporation, Nikon Corporation, RICOH Imaging Company Ltd, Olympus Corporation, Fujifilm Corporation, SAMSUNG ELECTRONICS CO., LTD., Panasonic Corporation, JVCKENWOOD Corporation, ARRI AG, Blackmagic Design Pty. Ltd., Kinefinity Inc., BMG – Kodak, PLR Ecommerce, LLC and Ricoh India Ltd among others.
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Global Camcorders Market By Product (4K Resolution, 5K Resolution, 6K Resolution, Others), Resolution (Full HD, Ultra HD), Storage Type (Mini-DV Camcorders, DVD Camcorders, HDD Camcorders, Flash Memory Camcorders), End-User (Personal Users, Professional Users), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
A camcorder is a widely used portable electronic device that helps in recording live audios and videos for later playback. It is used by professionals for filmmaking and helps in the easy recording of events. The camcorders used by the professionals are largely used in the growing media and entertainment industry. They are also used for surveillance and security in public places and various establishments.
Key Developments in the Market:
- In April 2019, Sony Corporation launched a new product named as HDC-5500 Camcorder, at NAB 2019. The product is the world’s first 2/3″ global shutter 3-CMOS HDC-5500 4K HDR broadcast camera. With this product launch, the company has gained a huge name in the market
- In May 2016, Sony has launched a camcorder named as FDR-AX53, at the CES 2016. The new product has 4K picture clarity technologies along with HDR. It also has Sony’s Balanced Optical SteadyShot, which avoids the blurred images and is equipped with newly minted 20x optical zoom Zeiss lens
Global camcorders market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of camcorders market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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- Growing tourism industry is expected to drive the market in the forecast period
- Increasing need for security for enhanced surveillance can also propel the market growth
- Enhanced demand of these camcorders in the entertainment industry can act as a market driver
- Prevailing requirement of these camcorders in e-learning specially digital education is boosting the market growth
- Popularity of smartphones and tablets over camcorders is expected to restrain the market in the forecast period
- Image quality issues as compared to the smartphones and tablets, will also restrain the market growth
- Advantage of edge device processing capabilities unlike network recorder system can hamper the market growth
Segmentation: Global Camcorders Market
- 4K Resolution
- 5K Resolution
- 6K Resolution
- Full HD
- Ultra HD
By Storage Type
- Mini-DV Camcorders
- DVD Camcorders
- HDD Camcorders
- Flash Memory Camcorders
- Personal Users
- Professional Users
- North America
- South America
- Middle East and Africa
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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