The global digital camcorders market size is expected to reach USD 3.36 billion by 2030, registering a CAGR of 7.3% from 2024 to 2030. Rising interest of the common mass in capturing important moments of their life is driving the market. It is also supported by easy advanced mechanism of these devices, which makes it easy for a common man to handle, record, charge, and store the recordings. Manufacturers have been supporting the trend by innovating the product to simplify its mechanism and improve its video quality.
Shifting trend towards innovating the standby capacity of the battery, the resolution of the video, and the storage capacity of the device has changed the industry scenario completely. Fine HD and UHD quality videos can be recorded using small and easily portable devices. These factors have promoted their use in recording grand celebrations like wedding ceremonies, birthdays as well as regular day to day incidents, such as the first-time babies walk or talk or ride bicycles. It has become an important element for tourism and camping. People prefer saving moments from these and taking them back as memorabilia.
In September 2018, Canon launched XF705 a professional-use camcorder. It records footages of 4K (3840 x 2160) resolution. It is said to be suitable for video production and broadcast. It can store videos in SD card and capture high quality video. It comes along with a L (Luxury) Series 15x optical zoom lens, which optimizes 4k imaging. It is powered by the Dual DIGIC DV 6 image-processing platform. The videos can be recorded in two formats, which are HDR and Perceptual Quantization (PQ).
HDR format is suitable for live video transmission and broadcasting. Whereas, PQ is ideal for web transmission and film production. Its 1.0-inch CMOS sensor helps in precising autofocus. The touchscreen features help in providing the ability of autofocusing. Similarly, in May 2019, Panasonic launched its 6K Lumix S1H cine camera. These products comprise 6K camera that has the ability to capture videos with 50% higher horizontal resolution.
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Shifting trend towards innovating the standby capacity of the battery, the resolution of the video, and the storage capacity of the device has changed the industry scenario completely. Fine HD and UHD quality videos can be recorded using small and easily portable devices. These factors have promoted their use in recording grand celebrations like wedding ceremonies, birthdays as well as regular day to day incidents, such as the first-time babies walk or talk or ride bicycles. It has become an important element for tourism and camping. People prefer saving moments from these and taking them back as memorabilia.
In September 2018, Canon launched XF705 a professional-use camcorder. It records footages of 4K (3840 x 2160) resolution. It is said to be suitable for video production and broadcast. It can store videos in SD card and capture high quality video. It comes along with a L (Luxury) Series 15x optical zoom lens, which optimizes 4k imaging. It is powered by the Dual DIGIC DV 6 image-processing platform. The videos can be recorded in two formats, which are HDR and Perceptual Quantization (PQ).
HDR format is suitable for live video transmission and broadcasting. Whereas, PQ is ideal for web transmission and film production. Its 1.0-inch CMOS sensor helps in precising autofocus. The touchscreen features help in providing the ability of autofocusing. Similarly, in May 2019, Panasonic launched its 6K Lumix S1H cine camera. These products comprise 6K camera that has the ability to capture videos with 50% higher horizontal resolution.
Digital Camcorders Market Report Highlights
- By resolution, full HD (1920 x 1080) 1080p accounted for more than 56.7% share of the global digital camcorders market revenue in 2023
- The online segment is expected to expand at the fastest CAGR of 7.6% from 2024 to 2030
- Offline dominated the market in 2023 as people in developing countries including China, India, hugely rely upon nearby stores and convenience departments.
The leading players in the Digital Camcorders market include:
- Canon Inc.
- GoPro, Inc.
- JVCKENWOOD Corporation
- Panasonic
- SAMSUNG
- SONY
- TOSHIBA CORPORATION
- Vivitar.com.
- Nikon Corporation
- FUJIFILM Corporation
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Global Digital Camcorders Market Variables, Trends, & Scope
Chapter 4. Globe Digital Camcorders Market: Resolution Estimates & Trend Analysis
Chapter 5. Globe Digital Camcorders Market: Camera Estimates & Trend Analysis
Chapter 6. Globe Digital Camcorders Market: Distribution Channel Estimates & Trend Analysis
Chapter 7. Globe Digital Camcorders Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Companies Mentioned
The leading players in the Digital Camcorders market include:- Canon Inc.
- GoPro, Inc.
- JVCKENWOOD Corporation
- Panasonic
- SAMSUNG
- SONY
- TOSHIBA CORPORATION
- Vivitar.com.
- Nikon Corporation
- FUJIFILM Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 2.07 Billion |
| Forecasted Market Value ( USD | $ 3.36 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
