Will 3D Projectors Boost the Adoption of Capture and Production Equipment in the Corporate Sector?
Arizton’s recent market research report on the capture and production equipment market identifies Axis Communications, Hikvision Digital Technology, Dahua Technology, and Samsung Electronics as the leading vendors that are likely to dominate the market during the forecast period. This research report provides detailed analysis of market segmentation by product (surveillance cameras, video production cameras, video conferencing cameras, and others), by end-users (corporates, large venues and events, educational institutions, government & military, studio & broadcasting, hospitality, and others), and by geography (APAC, Europe, North America, Latin America, and MEA).
The capture and production equipment market is estimated to reach revenues of approximately $38 billion by 2024, growing at CAGR of around 4% during 2018-2024.
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The capture and production equipment market is divided into three major segments that consist of product, end-users, and geography.
Corporate segment to grow at a significant CAGR in the capture and production equipment market during the forecast period
The capture and production equipment market by end-user is classified into corporates, large venues and events, educational institutions, government & military, studio & broadcasting, hospitality, and others. The corporate sector dominated the largest market share in 2018, growing at a CAGR of more than 4% during the forecast period. The growing penetration of IoT services and the establishment of smart offices is propelling the growth of this segment in the global market. The contingency plan to open new offices in cities such as Berlin, Dublin, and Frankfurt post-Brexit will drive the need for this pro AV equipment and boost revenues in the capture and production equipment market. The growing need for skill development and training sessions at regular intervals will initiate the development of innovative technologies in the global market. The introduction of IT-enabled classrooms and meeting rooms equipped with modern-day audio and video equipment will create lucrative opportunities for the leading players in the market. The use of conferencing cameras, 3D projectors, and an IoT-based learning approach among corporations will augment the demand in the capture and production equipment market. The growing focus on developing technologically advanced systems will transform the global market.
Video production cameras to grow at a considerable CAGR in the capture and production equipment market during the forecast period
The product segment in the capture and production equipment market is divided into surveillance cameras, video production cameras, video conferencing cameras, and others. Video production cameras segment occupied the second largest market share in 2018, growing at a CAGR of around 4% during the forecast period. The rising number of live events, movies, and television content production and recording live events, movies, and television content production and recording activities is augmenting the growth of this segment in the global market. The increasing focus on advancement in technology will drive the adoption of professional cameras in the capture and production equipment market. The vendors are developing the capabilities of professional video cameras which will enable them to offer better control over video production and broadcasting in the global market. The players are offering a wide range of video cameras for different end-user segments to gain a larger market share. The availability of studio cameras, electronic news gathering (ENG) cameras, electronic field production (EFP), and remote cameras will contribute to the growing revenues in the capture and production equipment market.Sony HXR-NX100, Canon XF100 HD, Sony FDR-AX1 Digital 4K, Panasonic AG-DVX200 4K, and Canon XF305 are some of the most common professional cameras that are used in the global market.
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MEA to grow at the fastest CAGR in the capture and production equipment market during the forecast period
The capture and production equipment market by geography is segmented into APAC, Europe, North America, Latin America, and MEA. MEA to grow the fastest in the global market, at a CAGR of approximately 8% during the forecast period. The exponential increase in the number of live events is attributing to the growth of the MEA region in the global market. The UAE, Iran, Saudi Arabia, and South Africa are the largest end-users in the MEA market. Africa is considered as one of the fastest growing regions in the global capture and production equipment market. The increasing focus on diversification into non-oil sectors will enable Africa to gain a larger global market share. The rising number of exhibitions held in countries such as the UAE and Saudi Arabia will positively impact the overall development of the capture and production equipment market in the region.
The other prominent players in the capture and production equipment market are Panasonic Corporation, Logitech, Sony, Blackmagic Design, RED.com, Bexel Global Broadcast Solutions, Toshiba Corporation, Robert Bosch, Honeywell International, Milestone Systems, VIVOTEK, QNAP Systems, MOBOTIX, ACTi Corporation, Arecont Vision, Avigilon, Canon, Cisco, D-Link, Belkin International, Lumenera Corporation, and Pelco.
The complete overview of the latest market research report onthe capture and production equipment market by Arizton is now available.
The report also offers a detailed study of major trends, drivers, challenges, and also provides the market size and forecast for major geographical regions and key countries.
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