| Report Code: A31669 | Pages: 145 | Dec 2022 | 596 Views | ||
| Author(s) : Nilay S , Vineet K | Tables: 108 | Charts: 49 |
| |
Digital cinema cameras are used to film superior video in such professional settings as cinema, drama, documentaries and commercials. In addition to image and product quality, digital film cameras offer superior mobility and scalability, greatly expanding the possibilities for visual expression. A digital film camera consists of a body with an imaging unit which captures an image of a subject and converts it into an image signal and a recording unit that records images to memory, as well as interchangeable lenses and accessories that can be attached to the camera body in accordance with the method of image capture. Unlike traditional film cameras that record a light image on film (analog), digital film cameras record discrete numbers on a flash memory card. As with all digital devices, there is a fixed, maximum resolution and number of colors that can be represented. Images are transferred to the computer via a USB cable, the memory card or wireless.
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The digital movie cameras market is segmented into Video Resolution and Application.
In terms of video resolution, the digital movie cameras industry is segmented into 4K/8K resolution and full HD resolution. In 2021, the digital movie cameras market size was estimated to be dominated by full HD resolution segment, whereas the 4K/8K resolution segment is anticipated to expand at a faster growth rate during the forecast period.
In terms of application, the digital movie cameras market share is segmented into amateur and professional segments. In 2021, the professional segment was the leading market segment, whereas the amateur segment is estimated to witness higher growth rate during the forecast period.
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market in 2021, while Asia-Pacific is estimated to expand at the fastest rate during the forecast period.
The significant factors impacting the digital movie cameras market growth include budding entertainment industry and increasing number of independent media houses and streaming services. In addition, the market is affected by high cost associated with the digital movie cameras industry. Moreover digital movie cameras market trends include technological advancements regarding digital movie cameras which influence the market growth. However, each of these factors is anticipated to have a definite impact on the digital movie cameras market forecast.
The key players profiled in the report include Canon Inc., Sony Corporation, JVCKENWOOD Corporation, Panasonic Corporation, ARRI AG, Red Digital Cinema, LLC., Vision Research Inc, Kinefinity Inc, Nikon Corporation and Blackmagic Design Pty. Ltd. These key players have adopted strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration and capitalize on the digital movie cameras market opportunity.
Digital Movie Cameras Market Report Highlights
| Aspects | Details |
|---|---|
| Market Size By 2031 | USD 11 billion |
| Growth Rate | CAGR of 4.5% |
| Forecast period | 2021 - 2031 |
| Report Pages | 145 |
| By Video Resolution |
|
| By Application |
|
| By Region |
|
| Key Market Players | Canon Inc., Vision Research Inc, Sony Corporation, JVCKENWOOD Corporation, Panasonic Corporation, ARRI AG, Nikon Corporation, Kinefinity Inc., Blackmagic Design Pty. Ltd., RED Digital Cinema, LLC. |
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The digital movie camera market holds high growth potential. The current business scenario experiences increase in usage of digital movie cameras in media and entertainment industries due to increase in the number of OTT streaming platforms with good contents.
Budding entertainment industry and increasing number of independent media houses and streaming services are the factors that drive the market. However, high cost associated with digital movie cameras hampers the market growth. Conversely, technological advancements in digital movie cameras is expected to create lucrative market opportunity.
The current business scenario has witnessed an increase in demand for advanced technologies, particularly in the developing nations such as China and India, owing to surge in population and rise in social awareness among the mass. Companies in this industry have adopted various innovative techniques, such as mergers and acquisitions to strengthen their business position in the competitive matrix.
The market growth is supplemented by proactive industrialization efforts and surge in manufacturing output, owing to technological advancements. These factors have allowed emerging economies to evolve as the potential markets during the forecast period both from the demand as well as the supply side. Moreover, public & private organizations have substantially invested in R&D activities and fabrication techniques to develop cost-effective digital movie cameras.
A. The professional segment is the leading application of digital movie camera market.
A. North America is the largest regional market for digital movie camera market.
A. The global digital movie camera market was valued at $7,195.0 million in 2021, and is projected to reach $11,039.2 million by 2031.
A. The top companies to hold market share in the digital movie camera market are Canon Inc., Sony Corporation, JVCKENWOOD Corporation, Panasonic Corporation, ARRI AG, Red Digital Cinema, LLC., Vision Research Inc, Kinefinity Inc, Nikon Corporation and Blackmagic Design Pty. Ltd.
A. The digital movie camera market is estimated to grow at a CAGR of 4.46% during the forecast period.
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