The camera stabilizer market size was valued at $3.7 billion in 2018, and is projected to reach $5.3 billion by 2026, registering a CAGR of 4.7% from 2019 to 2026. The hand held segment dominated the camera stabilizer market share in 2018 and is expected to retain its dominance throughout the forecast period.
A camera stabilizer is a camera accessory that reduces unwanted motion to enable the cameraman to take sharp photographs and videos. The camera stabilizers were initially used in the media & broadcast industry and by professional photographers; however, it has become very popular among small film makers, online content creators and even regular customers. The global entertainment and media industry has had significant growth in the past few decades. The growth can be attributed to increased production of various genres of video content both on the television and on the big screen. Rapid changes in technology, consumer behavior as well as business models have altered how consumers want to experience and pay for entertainment and media. The leaders in this industry have also focused their efforts on building businesses and brands focusing on active fans and has also produced outstanding content. Thus, the expenditure/investment on technologies and equipment such as Visual Effects (VFX), Computer Generated Image (CGI), a variety of different cameras and peripherals including camera stabilizers have increased tremendously.
The amount of online content available today has increased over the years. This has been due to increased internet penetration and impact of social media on the consumer. The increase in growth and rise in the average surfing time among the population today has made platforms such as YouTube and Instagram, very profitable and this has attracted a lot of competition among content creators. To overcome competition, the content creators have started investing heavily on cameras and peripherals such as camera stabilizers, to provide higher quality videos. This growing investment has driven the sales of cameras, and camera peripherals and has indirectly influenced the growth of camera stabilizers in the global market.
The usage of camera and camera peripherals is no longer limited to the entertainment and media sector. With the increase in affordability of cameras and their accessories, increased expectation of consumers on video quality, camera stabilizers have also found a way in the event industry. Today, people expend heavily on marriages and demand high quality recordings for their keep sake. To bridge the demand for their customers, the players in the event industry have started investing in high quality camera equipment. The increased investment in the camera equipment and peripherals has driven the global camera stabilizer market growth.
Segment review
The global camera stabilizer market is segmented into type, application, sales channel, and region. Based on type the global market is bifurcated into body mounted and hand held. By application, the global market is segmented into cinema camera, DSLR, action camera, and smartphones. By sales channel, the global market is bifurcated into offline channels and online channels. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA
By Type
Hand Held segment would exhibit the highest CAGR of 5.3% during 2019-2026.
Based on type, the global market is bifurcated into body mounted and hand held. Hand held segment leads in terms of global camera stabilizer market demand and is expected to grow with the highest CAGR during the forecast period.
By Application
Smartphones segment would exhibit the highest CAGR of 6.8% during 2019-2026.
By application, the global camera stabilizer market is studied across cinema camera, DSLR, action camera, and smartphones. Cinema camera segment leads in terms of global camera stabilizer demand, however, smart phones segment is poised to grow with highest CAGR during the forecast period.
By Sales Channel
Online Channels segment would exhibit the highest CAGR of 6.4% during 2019-2026.
Based on sales channel, the camera stabilizer market is classified into offline channels and online channels. Sales of camera stabilizer is dominated by offline channels; however, online channels segment is expected to continue to grow with a robust CAGR during the forecast period.
By Region
Asia-Pacific would exhibit the highest CAGR of 6.0% during 2019-2026.
Based on region, the camera stabilizer market is studied across North America, Europe, Asia-Pacific, and LAMEA. North America leads in terms of camera stabilizer sales; however, Asia-Pacific is estimated to grow with the highest CAGR during the forecast period.
The report focuses on the growth prospects, restraints, and opportunities of the global camera stabilizer industry. The study provides Porters five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the camera stabilizer market.
Some of the key players in the camera stabilizer market analysis includes Glidecam Industries, Inc., Gudsen Technology Co., Ltd., Flyfilms, Shape, Letus Corporation, Ikan Corporation, Tilta Inc., Ningbo Eimage Studio Equipment Co.,Ltd., SZ DJI Technology Co., Ltd., Rhino among others
Key Benefits for Stakeholders:
- The camera stabilizer report provides an extensive analysis of the current and emerging trends and opportunities.
- The report provides detailed qualitative and quantitative analysis of the current Camera Stabilizer market trends and future estimations that help evaluate the prevailing market opportunities in the market.
- The camera stabilizer market forecast is offered along with information related to key drivers, restraints, and opportunities.
- The camera stabilizer market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Camera Stabilizer Market Report Highlights
| Aspects | Details |
 By Type |
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 By Application |
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 By Sales Channel |
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 By Region |
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 Key Market Players | Tilta Inc., SZ DJI Technology Co., Ltd., Letus Corporation, SHAPE WLB, Flyfilms, Rhino Camera Gear., Ikan Corporation, Glidecam Industries, Inc., Gudsen Technology Co., Ltd., Ningbo Eimage Studio Equipment Co.,Ltd |
Analyst Review
The camera stabilizer market has witnessed a notable growth since the past few years. Developing countries such as India and China, have witnessed an increasing demand in the camera stabilizer market. The demand for innovative products is an important factor boosting the camera stabilizer market.
Leading companies in the camera stabilizer market have introduced wide varieties of camera stabilizers over the years. The growth of camera stabilizer can be attributed to growth in the media and entertainment industry leading to rise in demand for both hand held and body mounted cameras. Moreover, rise in demand for camera stabilizers by content creators as well as small film makers and increase in adoption of camera accessories including camera stabilizer in the event industry paves the way for the growth of the camera stabilizer market. Introductions of new and innovative camera stabilizers with augmented products is expected to open avenues for growth for the camera stabilizer market in future.
The global camera stabilizer market is poised to grow with a CAGR of 4.7% from 2019-2026.
The global camera stabilizer market is projected to reach $5.3 Billion by the end of 2026.
Surge in demand from entertainment industry and increased investment by content creators on camera accessories are likely to impact the market profoundly.
Some of the leading players in the camera stabilizer market includes Glidecam Industries, Inc., Gudsen Technology Co., Ltd., Flyfilms, Shape, Letus Corporation, Ikan Corporation, Tilta Inc., Ningbo Eimage Studio Equipment Co.,Ltd., SZ DJI Technology Co., Ltd., Rhino.
The global camera stabilizer market is segmented into type, application, sales channel, and region.
Product launch and acquisition remains key growth strategies for the camera stabilizer market players.
The smartphones segment would exhibit the highest CAGR from 2019 - 2026.
Sales of camera stabilizer is dominated by offline channels and is expected to maintain the lead during the forecast period.
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