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DUBLIN, April 7, 2023 (GLOBE NEWSWIRE) — “Global Mobile Gimbals Market Size, Share & Industry Trends Analysis Report, By Type, Price Point, Stable Type, Regional Outlook and Forecasts, 2022 – 2028” report added to ResearchAndMarkets.com’s supply.
The global mobile gimbal market size is expected to reach USD 716.1 million by 2028, growing at a CAGR of 6.1% during the forecast period.
The mobile stabilizers market is expected to expand due to unexpected rise in vloggers as they enable vloggers to record stable, clear videos which they can upload to their channel to showcase a decent video and attract more Multiple audiences.
Additionally, the number of daily vlogs has increased as more and more people have chosen vlogging as a career during COVID-19 as they have lost their jobs and had nothing else to do.
Today’s web materials are more accessible than ever. This is because more and more people are online and social media influences consumers. Platforms such as YouTube and Instagram are now lucrative due to population growth and average time spent online, creating fierce competition among content producers. Content producers have started investing in mobile peripherals such as cameras and mobile gimbals to produce higher quality movies and remain competitive. The increase in investment has driven the sales of mobile devices and their peripheral devices, and has indirectly driven the rise of mobile gimbals in the international market.
market growth factors
Entertainment industry growth accelerates
Due to rapid technological advancements, corporate structures and consumer behavior, how consumers perceive, experience and pay for entertainment and media has changed. As a result, market leaders in this space place equal emphasis on creating fan-centric brands and companies actively producing great content. Because of this, these market players invest in tools and technologies, including computer-generated imagery (CGI), visual effects (VFX), and other accessories such as a range of cameras and gimbal systems. To sum up, the mobile gimbal market will develop rapidly due to the expansion of the entertainment industry.
More and more people use the internet and produce content themselves.
Widespread use of smartphones and increased internet browsing speeds brought about by the introduction of 4G and now 5G have impacted the growth of social media material. On sites like YouTube, user-generated material is on the rise. The popularity of YouTube has led to a boom in the vlogging and video editing industry. On YouTube, millions of content creators have audiences of all sizes. Making YouTube videos has become a popular source of income for many. Therefore, the mobile gimbal industry will expand rapidly in the next few years.
market constraints
Lower preference for mobile filmmaking
I often charge my phone while filming, which causes the phone to become hot and unresponsive. When shooting with a mobile device, you need help to start or stop a recording and often lose your shot. All the details look sharp on the small screen. However, some views may appear blurry when transferring movies to a laptop. Filmmakers have repeatedly complained about exposure changes during filming. Even with the exposure locked, there are sometimes unexpected shifts in some shots. When this happens, there’s little you can do, and you end up prolonging the time it takes. All these may adversely affect the market expansion of mobile gimbals.
input outlook
Based on type, the mobile gimbal market is segmented into foldable, Bluetooth enabled, and wireless remote control. The wireless remote controls accounted for the largest revenue share in the mobile gimbal market in 2021. This is because customers are attracted by its convenience, such as simple control and ease of hands and easy management of wireless remote control.
Price Point Outlook
Based on price point, the mobile gimbal market is segmented into low/economy, high-end, and mid-size. In 2021, the mid-range segment will occupy a considerable revenue share in the mobile gimbal market. The mobile gimbal in this market segment is expected to have promising growth prospects, especially in emerging countries such as China, India, and Brazil. These emerging countries are characterized by an increase in content producers and vloggers, rapid urbanization and rising disposable income. In addition, the content production tendency of young people in emerging countries will also contribute to the vigorous development of the mobile cloud platform business.
stable outlook
Based on stabilization type, the mobile gimbal market is segmented into 2-axis stabilizers and 3-axis stabilizers. In 2021, the two-axis segment will hold the highest revenue share in the mobile gimbal market. This is due to its portability, light battery and cost-effectiveness. Also, since humans are better at controlling lateral (left and right) hand movements, a 2-axis gimbal is better for those who are new to videography and want to try something out. In addition, the category is expected to grow faster due to the increase of content producers.
Distribution Channel Outlook
Based on distribution channel, the mobile gimbal market is divided into online and offline segments. In 2021, the online business gained a substantial revenue share in the mobile gimbal market. As the internet sales channel expands the reach of customers, many businesses now rely heavily on it as a source of revenue. With the development of technology and the popularity of online services, consumers are becoming more and more aware of the many purchasing patterns that exist in society. The technology could impact the way people buy things and appeal to millennials and Gen Zers.
area of ​​research
by type
- wireless remote
- enable bluetooth
- Folding
by price point
- low/economy range
- Advanced Series
- middle distance
by stable type
- 2 axis stabilization
- Three-axis stabilization
by distribution channel
by geography
- North America
- us
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- United Arab Emirates
- Saudi Arabia
- South Africa
- nigeria
- Rest of Latin America
major market participants
List of companies profiled in the report:
- Shenzhen Dajiang Technology Co., Ltd. (iFlight Technology Company Limited)
- Guilin Zhishen Information Technology Co., Ltd.
- EVO gimbal
- Feiyu Technology Co., Ltd.
- Zhongshan Jinjie Photographic Equipment Co., Ltd.
- Gusheng Technology Co., Ltd.
- Movo Photo Group LLC
- Snowpa Technology Co., Ltd.
- Heheng Technology Co., Ltd.
- SHAPE wlb Inc.
Key topics covered:
Chapter 1 Market Scope and Methodology
Chapter II Market Overview
Chapter 3 Global Mobile PTZ Market by Type
Chapter 4 Global Mobile Gimbal Market by Price Segment
Chapter 5 Global Mobile Gimbals Market by Stabilization Type
Chapter 6 Global Mobile Gimbals Market by Distribution Channel
Chapter 7 Global Mobile PTZ Market by Regions
Chapter 8 Company Profile
mentioned company
- Shenzhen Dajiang Technology Co., Ltd. (iFlight Technology Company Limited)
- Guilin Zhishen Information Technology Co., Ltd.
- EVO gimbal
- Feiyu Technology Co., Ltd.
- Zhongshan Jinjie Photographic Equipment Co., Ltd.
- Gusheng Technology Co., Ltd.
- Movo Photo Group LLC
- Snowpa Technology Co., Ltd.
- Heheng Technology Co., Ltd.
- SHAPE wlb Inc.
For more information on this report, please visit https://www.researchandmarkets.com/r/bug29l
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