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2021
Mobile Gimbal Market

Mobile Gimbal Market by Product Type (Body Mounted, Hand Held, and Others), Price Range (Premium, Mid-Range, and Low/Economic), and Distribution Channel (Hypermarket, Mobile Stores, Specialty Stores, Online, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jan 2022 | 64 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global gimbal market is expanding rapidly and is likely to expand even more rapidly in the next years. A gimbal is a pivoting support that allows an object to rotate around an axis. It can be mechanical or motorized, and it is utilized in stabilization systems to give camera operators the freedom to capture without shaking the camera. Due to its great properties, such as quality stabilization, ease of use & mobility, versatility, and reliability, it is frequently employed in the entertainment business. Rapid advances in technology, consumer behavior, and business models have changed how people want to consume entertainment and media and how they want to pay for it. The industry's leaders have concentrated their efforts on developing businesses and brands that cater to engaged fans, as well as producing excellent content. In the next projected period, the market will be driven by an increase in the number of smart phone users as well as an increase in young generation interest in video creation and photo capture.

Market Scope and Structure Analysis

Report Metric

Details

  Market Size Available for Years

  2020–2030

  Base Year Considered

 2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Regions Covered

 North America, Europe, Asia-Pacific, LAMEA

  Segments Covered

 Product Type, Price Range, Distribution Channel, and Region

  Companies Covered

Big Balance Tech., WENPOD, Comodo, Freefly, Filmpower, Varavon, DEFY, Lanparte, Zhiyun, DJI Tech, Wondlan, SwiftCam Tech., BeStableCam Tech., TRD, FEIYU TECH, Steadicam, and Rollei

 

COVID-19 Impact Analysis

  • The COVID-19 epidemic has had a tremendous influence on the global gimbal industry. The pace of new projects around the world has decreased, resulting in lower demand for the gimbal.
  • Due to current rules and regulations that have disrupted global supply chains, global firms have struggled to produce and assemble new devices as workers have stayed at home. Even the previously available devices in various warehouses cannot be transferred due to current rules and regulations.
  • COVID-19 has a temporary impact on this market because only the production and supply chain are halted. Production, supply networks, and demand for these products will gradually improve as the situation improves. This is expected to allow businesses to consider methods to increase output, conduct technological research, and improve present products.
  • Consumers commonly use online websites to shop for any product; therefore online shopping portals could help with the epidemic. In addition, the closure of offline storefronts as a result of the lockdown guidelines allowed manufacturers to promote their products online.

Top Impacting Factors
The rise in video content production is essentially driving the global gimbal market share. Significant expansion in the entertainment and media industries, as well as a growing taste for high-quality movies, has prompted filmmakers to improve their cinematography abilities by using new camera accessories that aid in shooting high-definition (HD) shots with smooth motion.
Furthermore, as high-speed internet penetration increases, so does demand for high-quality movies, necessitating the use of a gimbal when filming. Furthermore, as social media platforms such as YouTube and Instagram expand in popularity, creators have more options to earn money.
As a result, there is fierce competition among content providers to provide premium quality movies and photographs to their audiences, which has aided the gimbal market's growth tremendously.
One factor driving the market is the development of new smart phones and advances in mobile gimbal that match the characteristics of the mobile features so that consumers can use it efficiently.
Market Trends
New Product Launches to Flourish the Market

  • The launches of new products that contain improved capabilities have been launched by leading market players. They have taken necessary steps to improve accuracy of devices and overall functionality as well. DJI is a well-known brand among enthusiasts who desire to film in unusual environments. The firm has a great roster of solutions for practically any eventuality, from its popular drones to the Ronin series of stabilizers. The DJI OM 4 maintains that spirit by giving the most stable experience possible in a mobile gimbal.
  • With an 8-hour battery life and a 2-hour charge period, the steady X provides three-axis stabilization. There's a hands-free gesture option for taking perfectly positioned selfies, as well as a clever "Inception" mode that rotates your phone as you move towards or away from your subject. One of seven preconfigured gimbal movements to make your shots more dynamic is “Inception” mode. Such devices may give boost to flourish the market in forecast period.
  • The Smart Phone Industry has Experienced a Surge in Growth
  • The smart phone business is expected to be one of the most important and profitable segments of the global mobile industry. It generates a large number of mobile phones each year. This positive outlook for the mobile industry is predicted to increase demand for electronic gimbal systems to obtain excellent photos and films with mobile cameras. The expansion of the global market can be linked to an increase in the production of various types of video content for mobile phones.
  • Consumer perceptions, experiences, and payment for entertainment and media have all changed as a result of rapid technical advances, corporate structures, and consumer behavior. Market leaders in this field also put a strong emphasis on creating consumer-focused businesses and brands that actively develop excellent content.

Key Segments Covered
Product Type

  • Body Mounted
  • Hand Held
  • Others
  • Price Range
  • Premium
  • Mid-Range
  • Low/Economic

Distribution Channel
Hypermarkets
Mobile Stores
Specialty Stores
Online
Others
Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the mobile gimbal industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the mobile gimbal market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the mobile gimbal market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed mobile gimbal market analysis based on competitive intensity and how the competition will take shape in coming years

Questions Answered in the Report

  • Which are the leading players active in the mobile gimbal market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What is "Mobile Gimbal" Market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the "Mobile Gimbal" Market?
 
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