Smart Camera Stabilizer Market
Smart Camera Stabilizer Market Forecasts to 2030 - Global Analysis By Type (Handheld Stabilizers, Wearable Stabilizers, Hybrid Stabilizers, Motorized Gimbals and Other Types), Sales Channel, Technology, Application, End User and By Geography
Years Covered |
2021-2030 |
Estimated Year Value (2023) |
US $4.46 BN |
Projected Year Value (2030) |
US $6.84 BN |
CAGR (2023 - 2030) |
6.2% |
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
Largest Market |
Asia Pacific |
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Smart Camera Stabilizer Market is accounted for $4.46 billion in 2023 and is expected to reach $6.84 billion by 2030 growing at a CAGR of 6.2% during the forecast period. A Smart Camera Stabilizer is a sophisticated device designed to enhance video and photography by minimizing unwanted vibrations and movements. Equipped with advanced gyroscopic and accelerometer sensors, it automatically detects and compensates for shakes, ensuring smooth and stable footage. These stabilizers often feature intelligent algorithms and motors that adjust in real-time to maintain balance, providing professional-grade results even in dynamic environments.
According to the Camera & Imaging Products Association, the shipment volume of built-in smart cameras in China reached 3,87,800 units in 2018.
Market Dynamics:
Driver:
Rising demand for high-quality content creation
As content creation becomes increasingly prevalent across various industries, professionals and enthusiasts alike seek advanced stabilizing solutions to capture smooth and professional-looking videos. Smart camera stabilizers, equipped with innovative features and intelligent technologies, address this demand, providing users with the capability to produce visually appealing and steady content. This growing emphasis on content quality is a key driver propelling the growth of the smart camera stabilizer market.
Restraint:
High cost & limited battery life
The high cost of smart camera stabilizers can be attributed to advanced stabilization technology, precision engineering, and quality materials. Additionally, limited battery life stems from the power-hungry nature of stabilization mechanisms. These factors hinder market growth as potential buyers may find the high cost prohibitive, and the need for frequent recharging or battery replacement may deter some users.
Opportunity:
Artificial intelligence (AI) & automation integration
AI-powered features such as object tracking, image recognition, and automated adjustments enhance stabilization and user experience. Automation streamlines operations, allowing for seamless and precise camera movements. This integration not only improves stabilizer performance but also opens doors to innovative functionalities, positioning the market for expansion as it meets the increasing demand for intelligent and automated solutions in the field of cinematography and content creation.
Threat:
Competition from non-mechanical stabilization solutions
The smart camera stabilizer market faces a looming threat from non-mechanical stabilization solutions, such as advanced software-based stabilization technologies. As computational photography and artificial intelligence continue to advance, these software-driven alternatives pose a competitive challenge by offering cost-effective and innovative stabilization solutions without relying on traditional mechanical components. Market players in the industry must adapt to the evolving landscape and integrate cutting-edge technologies to maintain a competitive edge against non-mechanical stabilization alternatives.
Covid-19 Impact
The covid-19 pandemic significantly impacted the smart camera stabilizer market. Lockdowns, supply chain disruptions, and reduced consumer spending on non-essential goods hampered production and sales. However, as restrictions eased, demand for content creation tools, including stabilizers, surged with the rise of remote work and online content creation. The market witnessed a shift towards compact, user-friendly stabilizers catering to the growing demand for high-quality video production in various sectors, mitigating some of the initial challenges posed by the pandemic.
The professional camera stabilizers segment is expected to be the largest during the forecast period
The professional camera stabilizers segment is estimated to have a lucrative growth. Professional camera stabilizers are essential tools for filmmakers and photographers seeking smooth and steady footage. Designed with advanced gyroscopic technology, these stabilizers minimize shakes and vibrations, ensuring professional-quality shots. Their robust build, often using lightweight yet durable materials, contributes to their reliability in various shooting conditions. The demand for such tools remains strong among videographers, cinematographers, and content creators aiming for cinematic excellence, driving the continued innovation and development of these high-performance stabilizing devices.
The vlogging & content creation segment is expected to have the highest CAGR during the forecast period
The vlogging & content creation segment is anticipated to witness the highest CAGR growth during the forecast period. Smart camera stabilizers revolutionize vlogging and content creation by ensuring smooth, shake-free footage. These devices, equipped with advanced gyroscopic technology, stabilize cameras during motion, enhancing video quality. Vloggers benefit from professional-looking, cinematic shots without the need for complex equipment. The compact and portable design of smart camera stabilizers allows for easy travel and on-the-go shooting, facilitating dynamic storytelling. Features like auto-tracking and gesture control makes them indispensable tools for vloggers and content creators.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the increasing demand for high-quality video production and the rising popularity of content creation. Key players in the region are innovating to meet the evolving preferences of consumers, incorporating features such as advanced stabilization algorithms and user-friendly interfaces. The Asia Pacific market benefits from the expanding film and entertainment industry, coupled with the surging interest in vlogging and social media content creation. This dynamic landscape positions the smart camera stabilizer market as a thriving segment within the region.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the increasing demand for high-quality video production in diverse industries. The region is witnessing rising popularity of content creation, vlogging, and lives streaming, coupled with advancements in camera technology. Further, the North American market reflects a dynamic landscape with a growing consumer base seeking advanced solutions for stable and professional videography.
Key players in the market
Some of the key players profiled in the Smart Camera Stabilizer Market include Letus Corporation, DigitalFoto Solution Limited, Ikan Corporation, Hohem, Fotodiox Pro, Cametv, Wondlan, Glidecam Industries, SZ DJI Technology Co., Ltd., Zhiyun Tech, Freefly Systems, YI Technology and FeiyuTech.
Key Developments:
In September 2023, Hohem, a global-leading gimbal technology company, has launched its latest cutting-edge product, the Hohem GO. The gimbal stabilizer has a built-in camera which uses Artificial Intelligence (AI) technology to track users whenever they want to take a photo or video with smartphone or tablet, without the need for an app or bluetooth.
In June 2023, DJI announces the release of its latest additions to the Ronin 4D series. The new LiDAR, Follow Focus, and Expansion Plate are all designed to improve the user experience for filmmakers and photographers alike. This system gives filmmakers the flexibility to control the focus on the subject with precision and accuracy, while providing the convenience of a single-button operation.
Types Covered:
• Handheld Stabilizers
• Wearable Stabilizers
• Hybrid Stabilizers
• Motorized Gimbals
• Other Types
Sales Channels Covered:
• Online Retailers
• Brick-and-Mortar Retail Stores
• Direct Sales
• Other Sales Channels
Technologies Covered:
• Gyroscopic Stabilization
• Inertial Measurement Unit (IMU) Technology
• Artificial Intelligence (AI) Integration
• Weight Distribution Systems
• Adaptive Control Systems
• Other Technologies
Applications Covered:
• Filmmaking & Cinematography
• Vlogging & Content Creation
• Surveillance & Security
• Other Applications
End Users Covered:
• Drone Operators
• Journalists & News Reporters
• Photographers
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Camera Stabilizer Market, By Type
5.1 Introduction
5.2 Handheld Stabilizers
5.3 Wearable Stabilizers
5.4 Hybrid Stabilizers
5.5 Motorized Gimbals
5.5.1 3-Axis Stabilizers
5.5.2 4-Axis
5.5.3 6-Axis Stabilizers
5.6 Other Types
6 Global Smart Camera Stabilizer Market, By Sales Channel
6.1 Introduction
6.2 Online Retailers
6.3 Brick-and-Mortar Retail Stores
6.4 Direct Sales
6.5 Other Sales Channels
7 Global Smart Camera Stabilizer Market, By Technology
7.1 Introduction
7.2 Gyroscopic Stabilization
7.3 Inertial Measurement Unit (IMU) Technology
7.4 Artificial Intelligence (AI) Integration
7.5 Weight Distribution Systems
7.6 Adaptive Control Systems
7.7 Other Technologies
8 Global Smart Camera Stabilizer Market, By Application
8.1 Introduction
8.2 Filmmaking & Cinematography
8.3 Vlogging & Content Creation
8.4 Surveillance & Security
8.5 Other Applications
9 Global Smart Camera Stabilizer Market, By End User
9.1 Introduction
9.2 Drone Operators
9.3 Journalists & News Reporters
9.4 Photographers
9.5 Other End Users
10 Global Smart Camera Stabilizer Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Letus Corporation
12.2 DigitalFoto Solution Limited
12.3 Ikan Corporation
12.4 Hohem
12.5 Fotodiox Pro
12.6 Cametv
12.7 Wondlan
12.8 Glidecam Industries
12.9 SZ DJI Technology Co., Ltd.
12.10 Zhiyun Tech
12.11 Freefly Systems
12.12 YI Technology
12.13 FeiyuTech
List of Tables
1 Global Smart Camera Stabilizer Market Outlook, By Region (2021-2030) ($MN)
2 Global Smart Camera Stabilizer Market Outlook, By Type (2021-2030) ($MN)
3 Global Smart Camera Stabilizer Market Outlook, By Handheld Stabilizers (2021-2030) ($MN)
4 Global Smart Camera Stabilizer Market Outlook, By Wearable Stabilizers (2021-2030) ($MN)
5 Global Smart Camera Stabilizer Market Outlook, By Hybrid Stabilizers (2021-2030) ($MN)
6 Global Smart Camera Stabilizer Market Outlook, By Motorized Gimbals (2021-2030) ($MN)
7 Global Smart Camera Stabilizer Market Outlook, By 3-Axis Stabilizers (2021-2030) ($MN)
8 Global Smart Camera Stabilizer Market Outlook, By 4-Axis Stabilizers (2021-2030) ($MN)
9 Global Smart Camera Stabilizer Market Outlook, By 6-Axis Stabilizers (2021-2030) ($MN)
10 Global Smart Camera Stabilizer Market Outlook, By Other Types (2021-2030) ($MN)
11 Global Smart Camera Stabilizer Market Outlook, By Sales Channel (2021-2030) ($MN)
12 Global Smart Camera Stabilizer Market Outlook, By Online Retailers (2021-2030) ($MN)
13 Global Smart Camera Stabilizer Market Outlook, By Brick-and-Mortar Retail Stores (2021-2030) ($MN)
14 Global Smart Camera Stabilizer Market Outlook, By Direct Sales (2021-2030) ($MN)
15 Global Smart Camera Stabilizer Market Outlook, By Other Sales Channels (2021-2030) ($MN)
16 Global Smart Camera Stabilizer Market Outlook, By Technology (2021-2030) ($MN)
17 Global Smart Camera Stabilizer Market Outlook, By Gyroscopic Stabilization (2021-2030) ($MN)
18 Global Smart Camera Stabilizer Market Outlook, By Inertial Measurement Unit (IMU) Technology (2021-2030) ($MN)
19 Global Smart Camera Stabilizer Market Outlook, By Artificial Intelligence (AI) Integration (2021-2030) ($MN)
20 Global Smart Camera Stabilizer Market Outlook, By Weight Distribution Systems (2021-2030) ($MN)
21 Global Smart Camera Stabilizer Market Outlook, By Adaptive Control Systems (2021-2030) ($MN)
22 Global Smart Camera Stabilizer Market Outlook, By Other Technologies (2021-2030) ($MN)
23 Global Smart Camera Stabilizer Market Outlook, By Application (2021-2030) ($MN)
24 Global Smart Camera Stabilizer Market Outlook, By Filmmaking & Cinematography (2021-2030) ($MN)
25 Global Smart Camera Stabilizer Market Outlook, By Vlogging & Content Creation (2021-2030) ($MN)
26 Global Smart Camera Stabilizer Market Outlook, By Surveillance & Security (2021-2030) ($MN)
27 Global Smart Camera Stabilizer Market Outlook, By Other Applications (2021-2030) ($MN)
28 Global Smart Camera Stabilizer Market Outlook, By End User (2021-2030) ($MN)
29 Global Smart Camera Stabilizer Market Outlook, By Drone Operators (2021-2030) ($MN)
30 Global Smart Camera Stabilizer Market Outlook, By Journalists & News Reporters (2021-2030) ($MN)
31 Global Smart Camera Stabilizer Market Outlook, By Photographers (2021-2030) ($MN)
32 Global Smart Camera Stabilizer Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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