The Europe USB camera controller market is expected to grow from US$ 373.97 million in 2023 to US$ 938.90 million by 2030. It is estimated to grow at a CAGR of 14.1% from 2023 to 2030.
Krampnitz Housing Development (US$ 1,831 million): The project involves the construction of the Krampnitz housing complex to provide living space for 10,000 people. Ostendstraße 1-14 Commercial Buildings (US$ 1,293 million): This project aims to meet the growing requirement for office, retail, hotel, and commercial facilities for people in the region. Such an increase in residential and nonresidential construction projects is expected to boost the adoption of USB cameras in Europe, fueling the demand for USB camera controllers as they help control the movement and focus of the camera.
Based on type, the Europe USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held a larger Europe USB camera controller market share in 2023.
Based on device type, the Europe USB camera controller market is segmented into joystick and remote. The joystick segment held a larger Europe USB camera controller market share in 2023.
Based on connectivity, the Europe USB camera controller market is segmented into wired and wireless. The wired segment held a larger Europe USB camera controller market share in 2023.
Based on application, the Europe USB camera controller market is segmented into residential and non-residential. The non-residential segment held a larger Europe USB camera controller market share in 2023.
Based on country, the Europe USB camera controller market has been categorized into Germany, France, Italy, Spain, the UK, and the Rest of Europe. The Rest of Europe dominated the Europe USB camera controller market in 2023.
Aver Information Inc, Genesys Logic Inc, Infineon Technologies AG, Realtek Semiconductor Corp, Shenzhen Minrray Industry Co Ltd, Sony Group Corp, and SZ Tenveo, are some of the leading companies operating in the USB camera controller market in the region.
Growing Mining Activities Fuels Europe USB Camera Controller Market
The rising demand for different metals and minerals is increasing mining activities worldwide. Various countries are increasing their investment to expand their mining site to fulfill this rising demand. Thus, such growing mining production worldwide is expected to raise the demand for security and monitoring to ensure the safety of employees, equipment, or materials. This increasing need for real-time monitoring is raising the demand for USB cameras with controllers at the mining site, as the authorities can check every movement at the mining site by moving the camera through its controller and focusing on any particular area when needed. Through this, the authorities can detect any suspicious activities at the site and provide an alert in case of any danger. Hence, the growing mining activities worldwide are boosting the growth of the USB camera controller market.Europe USB Camera Controller Market Overview
The USB camera controller market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The construction sector has seen tremendous growth in Europe, mainly in terms of new construction. The construction industry in Europe plays an important role in the economy, employing about 18 million people in the workforce and contributing to 9% of the total GDP of the European Union. The construction sector creates new residential, industrial, and commercial buildings for Europeans to work and live in, and builds infrastructure, maintains and repairs older structures and buildings. Europe is increasingly involved in initiating various major construction projects, which is expected to increase the adoption of USB cameras in the European Union. Below is a list of a few major construction projects initiated in Europe in 2022.Krampnitz Housing Development (US$ 1,831 million): The project involves the construction of the Krampnitz housing complex to provide living space for 10,000 people. Ostendstraße 1-14 Commercial Buildings (US$ 1,293 million): This project aims to meet the growing requirement for office, retail, hotel, and commercial facilities for people in the region. Such an increase in residential and nonresidential construction projects is expected to boost the adoption of USB cameras in Europe, fueling the demand for USB camera controllers as they help control the movement and focus of the camera.
Europe USB Camera Controller Market Revenue and Forecast to 2030 (US$ Million)
Europe USB Camera Controller Market Segmentation
The Europe USB camera controller market is segmented into type, device type, connectivity, application, and country.Based on type, the Europe USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held a larger Europe USB camera controller market share in 2023.
Based on device type, the Europe USB camera controller market is segmented into joystick and remote. The joystick segment held a larger Europe USB camera controller market share in 2023.
Based on connectivity, the Europe USB camera controller market is segmented into wired and wireless. The wired segment held a larger Europe USB camera controller market share in 2023.
Based on application, the Europe USB camera controller market is segmented into residential and non-residential. The non-residential segment held a larger Europe USB camera controller market share in 2023.
Based on country, the Europe USB camera controller market has been categorized into Germany, France, Italy, Spain, the UK, and the Rest of Europe. The Rest of Europe dominated the Europe USB camera controller market in 2023.
Aver Information Inc, Genesys Logic Inc, Infineon Technologies AG, Realtek Semiconductor Corp, Shenzhen Minrray Industry Co Ltd, Sony Group Corp, and SZ Tenveo, are some of the leading companies operating in the USB camera controller market in the region.
Table of Contents
1. Introduction
3. Research Methodology
4. Europe USB Camera Controller Market Landscape
5. Europe USB Camera Controller Market - Key Market Dynamics
6. USB Camera Controller Market - Europe Market Analysis
7. Europe USB Camera Controller Market Revenue and Forecast to 2030 - Type
8. Europe USB Camera Controller Market Revenue and Forecast to 2030 - Device Type
9. Europe USB Camera Controller Market Revenue and Forecast to 2030 - Connectivity
10. Europe USB Camera Controller Market Revenue and Forecast to 2030 - Application
11. Europe USB Camera Controller Market - country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Executive Summary
At 14.1% CAGR, the Europe USB Camera Controller Market is Speculated to be Worth US$ 938.90 million by 2030.According to this research,, the Europe USB camera controller market was valued at US$ 373.97 million in 2023 and is expected to reach US$ 938.90 million by 2030, registering a CAGR of 14.1% from 2023 to 2030. Rising construction projects worldwide and growing esports industry activities are the critical factors attributed to the Europe USB camera controller market expansion.
The esports industry has seen tremendous growth in recent years. The esports industry is also gaining recognition in European countries. In November 2022, the European Parliament (EP) announced that it is legally recognizing the esports industry. For this, the government has created a European Video Games Society, which will regulate the industry in the region. The government also announced that the European Union (EU) would fund esports through its Creative Europe project to further increase the number of European esports professionals, including XR studios, game producers, and audiovisual production companies. Thus, the growing esports industry worldwide is expected to raise the demand for USB cameras with controllers as it helps in better filming of esports events. The operator can capture every movement of the player and arena by just moving and focusing the camera through its controller in any direction it is needed. Hence, the growing esports industry is expected to create an opportunity for the growth of the USB camera controller market during the forecast period.
On the contrary, rise in preference for software controllers for USB cameras hurdles the growth of Europe USB camera controller market.
Based on type, the Europe USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held 56.7% share of Europe USB camera controller market in 2023, amassing US$ 211.90 million. It is projected to garner US$ 503.43 million by 2030 to expand at 13.2% CAGR during 2023-2030.
Based on device type, the Europe USB camera controller market is segmented into joystick and remote. The joystick segment held 59.8% share of Europe USB camera controller market in 2023, amassing US$ 223.71 million. It is projected to garner US$ 512.22 million by 2030 to expand at 12.6% CAGR during 2023-2030.
Based on connectivity, the Europe USB camera controller market is segmented into wired and wireless. The wired segment held 52.0% share of Europe USB camera controller market in 2023, amassing US$ 194.37 million. It is projected to garner US$ 435.44 million by 2030 to expand at 12.2% CAGR during 2023-2030.
Based on application, the Europe USB camera controller market is segmented into residential and non-residential. The non-residential segment held 53.6% share of Europe USB camera controller market in 2023, amassing US$ 200.44 million. It is projected to garner US$ 522.16 million by 2030 to expand at 14.7% CAGR during 2023-2030.
Based on country, the Europe USB camera controller market has been categorized into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 27.6% share of Europe USB camera controller market in 2023. It was assessed at US$ 103.07 million in 2023 and is likely to hit US$ 203.08 million by 2030, exhibiting a CAGR of 10.2% during the 2023-2030.
Key players operating in the Europe USB camera controller market are Aver Information Inc, Genesys Logic Inc, Infineon Technologies AG, Realtek Semiconductor Corp, Shenzhen Minrray Industry Co Ltd, Sony Group Corp, and SZ Tenveo, among others.
In 2021, Infineon Technologies AG created a turnkey solution with its Time-of-Flight (ToF) partner pmdtechnologies and the premier vision-based imaging specialist ArcSoft that allows a ToF camera to work under the display of commercial smartphones. It will deliver consistent, high-quality infrared pictures and 3D data for security applications such as facial authentication and mobile payment. In 2023, Sony Electronics has released a new version (Version 1.08) of the Camera Remote Software Development Kit (SDK), which enables remote camera operation and setting adjustments. Version 1.08 expands the compatible models and broadens the variety of potential applications with additional capabilities. The SDK can now be utilized with the ZV-E1 full-frame interchangeable lens camera, thanks to version 1.08.
Companies Mentioned
- Aver Information Inc
- Genesys Logic Inc
- Infineon Technologies AG
- Realtek Semiconductor Corp
- Shenzhen Minrray Industry Co Ltd
- Sony Group Corp
- SZ Tenveo
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 129 |
Published | December 2023 |
Forecast Period | 2023 - 2030 |
Estimated Market Value in 2023 | 373.97 Million |
Forecasted Market Value by 2030 | 938.9 Million |
Compound Annual Growth Rate | 14.1% |
Regions Covered | Europe |
No. of Companies Mentioned | 7 |