Gimbal Integrated Camera Market Size, Share, Growth, Analysis, Trends and Forecast 2033
The global gimbal integrated camera market is projected to exceed a valuation of USD 23.6 million in 2023, with an impressive CAGR of 14.2%, reaching approximately USD 89.1 million by 2033.
In 2022, sales of gimbal integrated cameras contributed to around 1.5% of the overall gimbal market. The growing number of social media users and influencers worldwide is driving the demand for these devices. Gimbal integrated cameras have become the preferred choice for capturing high-quality images and videos, creating engaging vlogs, and performing versatile functions such as slow-motion videos, time-lapse recordings, and more. This trend is expected to continue as content creation gains prominence across various platforms.
𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8317
Country-wise Insights
The United States gimbal integrated camera market is valued at approximately USD 9.2 million in 2023 and is projected to grow at a CAGR of 14.1% during the forecast period. This growth is primarily driven by the increasing number of vloggers, content creators, and social media users in the country. Additionally, the widespread availability of high-speed internet in the U.S. further supports market expansion.
The proliferation of high-speed internet has significantly boosted the usage of social media platforms, leading to a surge in demand for high-quality video content. This has created a growing need for gimbal integrated cameras, which offer superior image stabilization for video recording.
With all major players operating within the U.S., the country holds a significant share of the global gimbal integrated camera market, accounting for 39% of the market in 2023. This dominance underscores the strong demand for advanced imaging solutions among U.S. consumers and professionals alike.
Category-wise Insights
Revenue from offline sales of gimbal integrated cameras is projected to reach approximately USD 13.8 million in 2023. Customers often favor purchasing these devices from physical stores due to the ability to inspect camera lenses and evaluate stability features firsthand before making a purchase.
A recent Retail Dive survey highlights that the "need to see, touch, and feel products" remains the top reason consumers prefer in-store shopping over online options. This preference drives the prominence of offline sales, which are expected to capture the largest market share at 58.4% in 2023, with a CAGR of 11% during the forecast period.
The tactile experience and personalized assistance offered by offline stores continue to be key factors influencing consumer decisions, cementing their importance in the gimbal integrated camera market.
Read More: https://www.factmr.com/report/gimbal-integrated-camera-market
Competitive Landscape
Prominent global manufacturers in the gimbal-integrated camera industry include DJI, Gudsen Technology Co., Ltd., FIMI, FeiyuTech, Snoppa Technology Co., Ltd., and THINKWARE. These manufacturers are integrating advanced technologies such as AI for editing and automatically merging clips. Additionally, there is a growing focus on enhancing audio recording systems to provide more precise recordings.
Key players are also prioritizing longer battery life for gimbal cameras. For instance, the FIMI PALM 2 gimbal camera boasts a 2600 mAh battery, offering up to 308 minutes of usage, which is currently one of the best in the market.
Notable recent developments in the gimbal-integrated camera market include:
- THINKWARE, a leading dash cam manufacturer, introduced the SNAP-G in April 2022, featuring five gimbal modes and a replaceable battery. This innovation expands THINKWARE's product range while improving the overall user experience through cutting-edge technology and design.
- In January 2022, FIMI, a member of the Xiaomi Ecosystem, launched the third-generation 4K gimbal camera, the FIMI PALM 2 Pro, following the success of its two predecessors. The upgraded version includes a larger sensor, distortion-free lens, and a high-performance audio processor.
The latest report by Fact.MR offers detailed insights into the pricing of leading gimbal camera manufacturers across various regions, sales growth, production capacity, and anticipated technological advancements.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8317
Segmentation of Gimbal Integrated Camera Industry Research
- By Sales Channel :
- Online Sales
- Company Owned Platform
- e-Commerce Website
- Offline Sales
- Electronic Stores
- Franchised
- Independent
- Modern Trade Channel
- Specialty Stores
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
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