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Video Production Cameras Market Analysis by Type (Compact Cameras, Traditional Film Cameras, DSLR & Mirrorless Cameras, 360 Cameras, Professional & Broadcast Video Cameras, Cinema Cameras, Smartphone Cameras, and Action Cameras); and by End-User (Corporate, Studio & Broadcasting, Educational Institutions, Large Venues & Events, and others) – Global Supply & Demand Analysis & Opportunity Outlook 2021 – 2031

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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IN THE NEWS

  • May 3, 2022: Canon and Seervision have formed an alliance to provide integration of the Seervision Suite with Canon PTZ cameras. As a result, Seervision is able to include the video production automation solution in its line-up of PTZ cameras. A new group of customers could now employ cameras in live and hybrid events, in educational and corporate settings, and by integrating the software suite with Canon robotic cameras.
  • October 28, 2021: Nikon India Private Ltd., an entirely owned subsidiary of Nikon Corporation Tokyo, introduces the latest Nikon Z 9, a revolutionary full-frame (Nikon FX-format) Z series mirrorless camera built to outperform expectations with unrivalled performance and innovative capabilities that are firsts in the mirrorless category and for Nikon.

Global Video Production Cameras Market Size, Forecast, and Trend Highlights Over 2021-2031

Base Year

2021

Forecast Year

2022-2031

CAGR

6.1%

Base Year Market Size (2021)

USD 32,333.3 Million

Forecast Year Market Size (2031)

USD 57,928.8 Million

The global video production cameras market is estimated to garner a revenue of USD 57,928.8 Million by the end of 2031 by growing at a CAGR of 6.1% over the forecast period, i.e., 2022-2031. Further, the market generated a revenue of USD 32,333.3 Million in the year 2021. The growth of the market can be attributed to the increasing demand from entertainment industry. There has been growing demand for more films in entertainment industry and also the demand for home entertainment is surging owing to pandemic. Global internet video subscriptions climbed by approximate 25% between 2019 and 2020, reaching about 1 billion subscriptions. This trend is anticipated to continue in the years to come.

Video Production Camera Market Overview ChartGet more information on this report: Request Sample PDF

Further there has been increase in number of production house all around the globe. Constant demand of people for better quality films and TV content are encouraging entertainment industries to adopt advance camera. For instance, the Canon C700 FF, Sony broadcast cameras, the Panasonic AU-EVA1, and other RED cameras have all been added to Netflix's list of authorised cameras. Additionally, Netflix continued to use the conventional (and perplexing) RED camera names, which have subsequently been replaced by the DSMC2 BRAIN with specific sensors. Hence this is expected to boost the demand for video production camera in the forecast period.

Global Video Production Cameras Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Demand for Smartphones: The number of global smartphone users is expected to reach an approximate 6 billion in 2022, representing an about 4% annual rise. Nowadays, featured smartphones consist of advanced camera which unable user to shoot quality videos and upload the same on social media. Therefore, the demand for smartphones is expected to rise hence further boosting the growth of the market.

  • Rising Demand for HD Channels: Viewership of HD networks in India has more than doubled, with an approximate increase by 140% in 2019 compared to 2017.

  • Growing Urbanization: The rate of urbanisation around the world is at an all-time high. More than half of the world's population today lives in towns and cities, and this figure is expected to rise to almost 5 billion by 2030.

  • Rapid Penetration of Social Media: According to the most recent statistics, approximate 4 billion people is estimated to be using social media globally in 2022, a rise of about 7% from the previous year.

  • Rapid Technology Developments: In order to demonstrate its wide variety of cinema imaging technologies to the film community, Canon India has announced the creation of the Cinema Excellence Suite, a special platform. Over the course of three months, this flexible activation will assist in showcasing the whole production and post-production workflow experience of the Cinema EOS camera and the EOS R System Mirrorless cameras to Mumbai's cinematographers, DOPs, directors, and production houses.

Challenges

  • Continuous New Production
  • High Cost of Video Production Camera
  • Heavy Weight of Some Camera such as Broadcast Camera

The number of active consumers is likely to decline as a result of ongoing innovation and the release of new variants that render prior iterations of the product outdated. Hence this factor is expected to hamper the growth of the market.

The global video production cameras market is segmented and analysed for demand and supply by type into compact cameras, traditional film cameras, DSLR & mirrorless cameras, 360 cameras, and others. Out of which the DSLR & mirrorless cameras segment is anticipated to garner the largest revenue of USD 12,512.6 Million by the end of 2031, up from a revenue of USD 6,790.0 Million in the year 2021. The growth of this segment can be attributed to the increase in number of events and majority of people watching sports on television. In 2019, more than 149 million Americans watched live sports once a month. Mirrorless cameras consist of unique features which includes autofocus system, silent shutter, compact size, and more. Also they have excellent in body image stabilization. Hence these cameras are extensively used in sports events. However, the smartphone cameras segment is anticipated to grow at a highest CAGR of 6.6% over the forecast period.

Market Segmentation

Our in-depth analysis of the global video production cameras market includes the following segments:

By Type

  • Compact cameras
  • Traditional film cameras
  • DSLR and mirrorless cameras
  • 360 cameras
  • Professional and broadcast video cameras
  • Cinema cameras
  • Smartphone cameras
  • Action cameras

By End-User

  • Corporate
  • Studio and Broadcasting
  • Educational institutions
  • Large venues and events
  • Others

Key Companies Dominating the Global Video Production Cameras Market

Currently, Canon and Nikon Inc. are the only market players that are offering video production cameras. These cameras come along various features which includes video stabilizer, automation solution and more. They are further working on improving their product by adding more features hence benefiting the consumers. Hence they might compete in the market in the future owing to their numerous benefits associated with the products.

FREQUENTLY ASKED QUESTIONS

Global Video Production Cameras Market TOC

  1. Market Definition and Research Methodology
    1. Market Definition and Segmentation
    2. Assumptions and Acronyms
    3. Research Objective
    4. Research Methodology
  2. Executive Summary
  3. Global Video Production Cameras Market
    1. Market Overview
    2. Market Size, USD Million (2021–2031)
    3. Global Video Production Cameras Market Segmentation Analysis 2021-2031
      1. By Type
        1. Compact Cameras
        2. Traditional Film Cameras
        3. DSLR and Mirrorless Cameras
        4. 360 Cameras
        5. Professional and Broadcast Video Cameras
        6. Cinema Cameras
        7. Smartphone Cameras
        8.  Action Cameras
      2. By End-user
        1. Corporate
        2. Studio and Broadcasting
        3. Educational Institutions
        4. Large Venues and Events
        5. Others

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