In the world economic growth, the Action Camera industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Action Camera market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Action Camera market size will be further expanded, we expect that by 2024, The market size of the Action Camera will reach XXX million $.
Action Camera Market Overview
Action cameras are digital cameras designed for recording action and can be mounted on cars, motorcycles, surfboards, and other objects. Action cameras offer wide-angle and high definition perspective. Generally, action cameras are used in outdoor sports and provide exceptional high quality. It also captures images in various resolutions that range from 720p to ultra-HD 4K. The global action camera market focuses on six regions namely North America, Europe, Asia Pacific, Middle East, and Africa. The global action camera market is expected to witness significant growth during the forecast period, owing to the advent of enhanced feature cameras.
Action Camera Market Drivers
High growth consumer electronics industry, especially in emerging economies is expected to drive growth of the global action camera market during the forecast period. According to the India Brand Equity Foundation (IBEF), the Indian appliance and consumer electronics market was valued at US$ 10.93 billion in 2019 and is expected to reach US$ 21.18 billion by 2025. Hence, these factors are expected to drive growth of the global action camera market during the forecast period. Moreover, increasing penetration of the internet, advent of cameras with enhanced features, and technological advancements in camera technologies are expected to propel the global action camera market growth over the forecast period.
Action Camera Market Restraint
High cost of action cameras since they offer high-quality images and record is expected to restrain growth of the global action camera market over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global action camera market during the forecast period. This is owing to the presence of key manufacturers combined with growing popularity of adventure activities such as skydiving, bungee jumping, and paragliding across the region. Moreover, Europe is expected to register a lucrative growth rate over the forecast period, owing to rising disposable income across the region.
Competitive Section
Key players involved in the global action camera market are Gopro, Ordro, SONY, XIAOMI, Ion, RIOCH, Coutour, RIOCH, Polaroid, Casio, Garmin, Kodak, Drift Innovation, HTC, JVC Kenwood, Panasonic, and Toshiba.
Major companies in the market are focused on product launches, in order to enhance the market presence. For instance, in October 2019, Gopro launched GoPro Hero 8 Black and GoPro Max action cameras.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
- Gopro
- SONY
- Ion
- Coutour
- Polaroid
- Garmin
- Drift Innovation
- Panasonic
- SJCAM
- Amkov
- Veho
- Chilli Technology
- Decathlon
- Braun
- Rollei
- JVC Kenwood
- Toshiba
- HTC
- Kodak
- Casio
- RIOCH
- XIAOMI
- Ordro
Section 4: Region Segmentation
- North America Country (United States, Canada)
- South America
- Asia Country (China, Japan, India, Korea)
- Europe Country (Germany, UK, France, Italy)
- Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation:
Product Type Segmentation:
- Consumer (Outdoor Pursuits and Evidential Users)
- Professional (TV Shipments, Emergency Services and Security)
Industry Segmentation:
- Outdoor Pursuits
- Evidential Users
- TV Shipments
- Emergency Services
- Security
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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