According to a new report by IMARC Group titled, “Camera Stabilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global camera stabilizer market grew at a CAGR of around 6% during 2014-2019. Looking forward, the market is expected to continue its moderate growth during the next five years.
A camera stabilizer is a device that is utilized for providing stability to the camera while taking a picture or shooting a video. It comprises batteries, sensors, printed circuit board (PCB), motors, motor drivers, cables and connectors. It is cost-efficient, lightweight, portable and easy to use products, owing to which it is gaining traction in the sports and media and entertainment industries across the globe.
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The boosting sales of consumer electronics, such as smartphones and digital cameras, in confluence with the inflating disposable incomes, represent one of the significant factors impelling the global camera stabilizer market growth. Apart from this, the rising influence of social media, coupled with the increasing trend of wedding shoots, is escalating the demand for camera stabilizer for recording high-quality videos. Furthermore, the growing popularity of capturing innovative and creative shots, along with the thriving media and entertainment industry, is expected to create opportunities for manufacturers to expand their consumer base in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
For more information about this report visit: https://www.imarcgroup.com/camera-stabilizer-market
Global Camera Stabilizer Market 2020-2025 Analysis and Segmentation:
The report has segmented the market on the basis of Type, Distribution Channel, Application, End User and Region.
Market Breakup by Type:
Market Breakup by Distribution Channel:
Market Breakup by Application:
Market Breakup by End-User:
Market Breakup by Region:
Middle East and Africa
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