Action cameras are unlike any other kind of camera. They're designed to be attached to helmets, surfboards, cars and other objects, and they're small, tough and simple, with a lens that captures the world in high-definition video in a wide-angle fish-eye perspective.
The action camera industry had an explosive growth in recent years. Since 2009, the market-penetration rate of Action Camera is enlarging ?and Action Camera is gradually replacing other digital Cameras.
Currently consumer sales, mainly for extreme sports has accounted for the vast majority of worldwide demand, however professional sales are set to accelerate, driven mainly by TV Shipments, emergency services, and security.
The largest threat to the action camera brand of United States currently is the Original Equipment Manufacture from Asia. They may elect to manufacture their own products that are similar to original brand. It will increase the additional competition from this companies, principally located in or originating from the Asia Pacific region, which offer very low cost products, including products modeled on, direct copies of, or counterfeits products. It will lead to cause market pricing pressure, customer dissatisfaction and harm to reputation and brand name.
According to this study, over the next five years the Action Camera market will register a 28.7% CAGR in terms of revenue, the global market size will reach USD 24000 million by 2024, from USD 5280 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Action Camera business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Action Camera market by product type, application, key manufacturers and key regions and countries.
This study considers the Action Camera value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Consumer (Outdoor Pursuits and Evidential Users)
Professional (TV Shipments, Emergency Services and Security)
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Outdoor Pursuits
Evidential Users
TV Shipments
Emergency Services
Security
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Gopro
SONY
Ion
Coutour
Polaroid
Garmin
Drift Innovation
Panasonic
SJCAM
Amkov
Veho
Chilli Technology
Decathlon
Braun
Rollei
JVC Kenwood
Toshiba
HTC
Kodak
Casio
RIOCH
XIAOMI
Ordro
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Action Camera consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Action Camera market by identifying its various subsegments.
Focuses on the key global Action Camera manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Action Camera with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Action Camera submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
