Market Highlights
4K Camera is basically ultra HD with a resolution of 4096 x 2160 pixels which is four times of full HD resolution. The extra resolution of 4K technology images gives better definition and clarity of pictures. Also, 4K technology is used in the sports sector. Features such as increased pixel density, high resolutions and better picture quality are boosting the growth of the 4K Camera Market.
Factors such as increasing disposable income, changing lifestyle and increasing demand for consumer electronics are driving the growth of the market. Whereas, high cost and initial investments are hampering the growth of the 4K camera market.
Key Players
The key players in the global 4K camera market include- Canon Pvt Ltd (Japan), Infineon Technologies AG (Germany), Blackmagic Design Pty. Ltd (Australia), Schneider Electric (France), Sony Corporation (Japan), Occipital, Inc (U.S.), Axis Communications AB (Sweden), Sharp Corporation(Japan), Panasonic Corporation (Japan) and Skyworth Digital Holdings Ltd (China) among others.
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4K Camera Segmentation
According to Market Research Future, market has been segmented into type, application and region.
On the basis of application, market can be segmented into retail, consumer electronics, entertainment, education, advertisement, defense and aerospace among others. Out of these application, entertainment accounted for the largest market share majorly due to usage of these devices in the sport sector such as football, tennis and cricket among others. For instance, In 2015, 4K camera was widely used in ICC Cricket World Cup for better picture quality with high resolution by using spider cameras
Apart from these applications of the devices they are expected to work best to monitor wide areas and to identify other objects. The devices are used for parking structures, airports, casinos and train stations.
Market Research Future Analysis
The global 4K camera market is expected to grow significantly over the forecast period, 2017-2023. Entertainment segment of 4K camera market globally drives the market. The market is expected to have higher growth rate as compared to the previous years.
Asia-Pacific region accounted for the largest market share because of the technological enhancements, increasing e-commerce, manufacturing hub, emerging nations and increasing consumer demand for ultra HD televisions. The sale in Asia-Pacific region has grown over the last few years, majorly from regions such as Singapore, Hong Kong, Vietnam and Korea since they are the fastest growing regions. The region is attributed to the increasing demand for better resolution images and videos, biggest exporters and digital transformation.
However, the North-American region is expected to grow at a fast pace over the forecast period, 2017-2023. The region is attributed to the growth in digitalization.
Industry Updates:
Feb 2018 Canon camera has launched the first camera, the M50 which is among the first to use the DIGIC 8 tech which allows the camera to capture 4K video at 24 frames per second along with 1080p video, 720p video at 120fps and at 60fps. The DIGIC 8 feature also offers the M50 model fast still shooting speeds at the rate of 10 frames per second in JPEG or RAW with one-shot focus along with 7.4 frames per second with continuous focus.
Feb 2018 Sony has declared its “basic” model update with the A7 III mirrorless camera subsequent to the recently refreshed A7R III recently. The model comes ably equipped with a 24.2 MP sensor, an internal 4K HDR video capability which has been downscaled from 6K and Sony also states that the model comes with the longest rated battery life in any mirrorless camera which is attributed to its Z series battery. The model is expected to cost £2,000 for the body alone when it goes on sale in the European continent in March, followed by its launch in US in April.
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Intended Audience
- Manufacturers
- Distributors
- Research firms
- Consultancy firms
- Software Developers
- Vendors
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
Table of Contents:
LIST OF TABLES
TABLE 1 4K CAMERA MARKET, BY TYPE
TABLE 2 4K CAMERA MARKET, BY APPLICATION
TABLE 3 4K CAMERA MARKET, BY GEOGRAPHY
TABLE 4 NORTH AMERICA 4K CAMERA MARKET, BY TYPE
Continued…
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 4K CAMERA MARKET, BY TYPE
FIGURE 3 4K CAMERA MARKET, BY APPLICATION
FIGURE 4 4K CAMERA MARKET, BY REGIONS
Continued…
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