Action Camera market size analysis 2018-2026 published by Credence Research
Mar 8, 2019
The global market for action cameras is expected to cross US$ 10.25 billion by 2026 at a CAGR of 12.6 percent during the forecast period from 2018 to 2026.
SANJOSE, United States - March 8, 2019 /MarketersMedia/ —
According to a to new market report published by Credence Research Inc "Action Camera Marke-Growth, Share, Opportunities, Competitive Analysis and Forecast, 2016-2026," it is expected to see significant growth during the forecast period due to its benefits such as enhanced quality and ease of use compared to digital cameras. Increasing income level and increasing popularity of adventure activities such as skydiving, paragliding, bungeee jumping, surfing, BASE jumping, rock / mountain climbing, scuba diving, snorkeling, caving, surfing, skiing and wakeboarding are increasing demand for action cameras to capture lifetime experience during these recreational activities. Furthermore, shifting trends towards photography, adventure activities and sharing photos and videos on social networking also supports the growth of the camera market for action.
Browse the full report at https://www.credenceresearch.com/report/action-cameras-market
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Action camera benefits such as small size without compromising on quality and hands-free operations that motivate its sale over traditional digital cameras. Furthermore, action cameras allow users to shoot videos with first-person perspectives that increase their demand for recording adventure activities such as skiing, rock climbing, surfing and other activities. To increase brand loyalty manufacturers focus on adding cloud computing services to expand their action camera solutions ' media functions. In addition, manufacturers offer attractive package solutions with the necessary accessories required for the action camera. These cost-effective solutions attract consumers. The market for action camera is facing the challenge of continuous growth in smartphones with high-quality camera features. During the forecast period from 2018 to 2026, the global market for action cameras is expected to cross US$ 10.25 billion by 2026 at a CAGR of 12.6 percent.
North America is the largest market for action cameras. The U.S. is the world's largest single action cameras market. Huge numbers of sports enthusiasts, along with high spending capacity, are increasing U.S. demand for action cameras. Asia Pacific is expected to witness the fastest growth throughout the forecast with rising spending on leisure and adventure activities and rising income levels boosting demand for action cameras in major markets in the region including China, Japan, India, Southeast Asian countries and other emerging markets.
The global action camera market is highly competitive and dominated by the recognized players such as GoPro Inc, Sony Corp, Garmin Ltd, Olympus Corp, TomTom N.V., Rollei GmbH & Co. KG, Veho, Drift and others. High capital investment and strong research and development capabilities are required are limiting new entrance in this capital intensive industry. In addition, leading brand successfully created considerable base of loyal customers in the global market. In order to attract customers in this competitive environments, new entrant has to introduce innovating product offerings at attractive pricing.
Browse the full report at https://www.credenceresearch.com/report/action-cameras-market
ToC:
Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Action Camera Market Revenue and Volume, 2016 2026, (US$ Mn) (Mn Units)
3.2 Market Trends
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.2 Market Challenges
3.3.3 Impact Analysis of Drivers and Restraints
3.4 Value Chain Analysis
3.4.1 Value Chain Analysis: Global Action Cameras Market
3.5 Market Attractive Analysis
3.6 Competitive Landscape
3.6.1 Market Positioning of Key Market Players
3.6.2 Major Market Strategies Adopted By Key Market Participants
Chapter 4 Global Action Camera Market Revenue and Volume, By Technology, 2016 2026(US$ Bn and Mn Units)
4.1 Comparative Analysis
4.2 SD Action Cameras Market, 2016 2026 (US$ Bn and Mn Units)
4.3 HD Action Cameras Market, 2016 2026 (US$ Bn and Mn Units)
4.4 Full HD Action Cameras Market, 2016 2026 (US$ Bn and Mn Units)
4.5 Ultra HD Action Cameras Market, 2016 2026 (US$ Bn and Mn Units)
Chapter 5 Global Action Camera Market Revenue and Volume, By Application, 2016 2026 (US$ Bn and Mn Units)
5.1 Comparative Analysis
5.2 Personal Action Cameras Market, 2016 - 2026, (US$ Bn and Mn Units)
5.3 Professional Action Cameras Market, 2016 - 2026, (US$ Bn and Mn Units)
Chapter 6 Global Action Camera Market Revenue and Volume, By Application, 2016 2026 (US$ Bn and Mn Units)
6.1 Comparative Analysis
6.2 Action Cameras Market Through Online Channels, 2016 - 2026, (US$ Bn and Mn Units)
6.3 Professional Action Cameras Market Through Retail Outlets, 2016 - 2026, (US$ Bn and Mn Units)
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Chapter 11 Company Profiles
11.1 GoPro Inc.
11.2 Sony Corp.
11.3 Garmin Ltd.
11.4 Olympus Corp.
11.5 TomTom N.V..
11.6 Rollei GmbH & Co. KG.
11.7 Veho
11.8 Drift
.............toc continued
Browse the full report at https://www.credenceresearch.com/report/action-cameras-market
Related Reports From Acute Global Market Reports :
Global Action Camera Mounts Industry 2016, Trends and Forecast Report
Global Action Camera Consumption 2016 Market Research Report
North America Sports Action Cameras Industry 2016 Market Research Report
United States Handheld Gimbal for Action Camera Market Report 2017
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Source: MarketersMedia
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