High Definition (HD) Camera Industry Market Analysis by Camera Type (Action Cams, DSLR, Compact Cameras, & Smartphone Cameras), by End Users (Smart Homes, Robotics, Automobile, Medicine, Logistics, & Others), by Distribution Channel (Online & Offline) - Global Size, Trends & Forecast 2016-2024

Global HD (High-Definition) Camera Market 

Market Overview

The market for HD cameras has been undergoing through a rapid transformation from digital to the smart imaging world for several year now. At the same time, wide range of HD cameras in the imaging ecosystem is growing. Moreover, with sales of HD cameras for amateurs and professionals, new business segments are emerging for the high definition visualizing technologies in the B2B areas such as automotive industry, Industrial production as well as in science and medicine. Moreover, social networking sites have also played an important role in the growth of HD camera market. According to Goldstein Research in 2016 approximately 350 million photos are shared on Facebook, 95 million on Instagram and more than 1.2 billion via WhatsApp each day.

Goldstein Research analyst forecast the HD camera market to decline at a CAGR of 1.2% during the forecast period 2016-2024. Further, the market is anticipated to decline up to USD 15.9 billion by the end of forecast period. Despite the declining sales of HD cameras, the sales of smartphone cameras have witnessed significant growth in global HD camera market.

Covered in this global HD camera market report

The report covers the present ground scenario and the future growth prospects of the HD camera market for 2016-2024 along with the total sales of HD camera products in every region. We calculated the market size and revenue share on the basis of revenue generated from the retail sales of HD cameras to individual customers and commercial users across the globe.

Global HD Camera Market Trends Segmentation

By Camera Type

• Action Cams
• Compact System Cameras & DSLR (Digital Single Reflex)
• Compact Cameras
• Smartphone Cameras

By End Users

• Individual Users
• Smart Homes
• Robotics
• Automobile
• Security and Military
• Medicine
• Manufacturing
• Logistics

Distribution Channel

• Online Distribution Channel
• Offline Distribution Channel

Based on Geography

• North America (U.S. & Canada)  HD Camera market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
• Latin America (Brazil, Mexico, Argentina & Rest of Latin America)  HD Camera market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE)  HD Camera Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)  HD Camera market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA)  HD Camera market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)

Global HD Digital Camera Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our global market report comprises of the following companies as the key players in the HD Camera market: Nikon, Go Pro, Sony Corp., Canon, Panasonic Corp., LG Electronics Inc., Samsung Electronics Corp., Fujifilm Corp., Kodak, Olympus, Faro Technologies, Polaroid and Pelco.

According to our global market study on the basis of extensive primary and secondary research: “One trend in market is Smartphone integrated cameras. HD cameras for smartphones witnessed significant increase at the high end in both quantity and value of sales in 2016. Photo functionality is the strong focus of innovations for the Smartphone and camera manufacturers, stimulating the demand for premium smartphones segment in particular. Asia Pacific and Africa are the major growth markets, likewise, continue to push growth n Smartphone segment. 

According to the report, major driver in HD camera market is expanding product lines and innovation in design and technology. Global HD camera market has profited from the new segments as a result of continuous innovation in photo and imaging industry. Whereas, the sale of cameras has dropped around the world in recent years, the HD camera market is enjoying growing sales for action cams and smartphones. Moreover, the 360-degree cameras are gaining huge popularity with the VR trend. In addition, variety of HD image recording cameras is continuing to increase in various industries such as robotics, automobile, healthcare and defense.     

Further, the report states that one challenge in HD camera market is shift in consumer buying, majorly the individual consumers prefers to buy high end variants of smartphones instead of cameras. Developing countries are also showcasing slow growth rates, as well China one of the fastest growing markets is slowing down. Growing smart phones market and consumer shifting consumer behavior towards HD cameras are resulting in the contraction of HD digital camera market and subsequently declining overall sales across the globe. On the other hand major Japanese companies has suffered decline in HD camera production as result of Kumamoto earthquake of April 2016.

Geographically, North America accounted for the largest market share with more than USD 30% revenue share owing to the wide adoption in various industries such as security, robotics and Healthcare sector. On the other hand Asia Pacific region is growing at significant pace as compare to other regions and is likely to expand at a CAGR of 1.8% over the forecast period i.e. 2016-2024.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this HD camera market report

• What is the total market size by 2024 and what would be the expected growth rate of sales?
• What are the total sales in 2015-16 (Units) and what would be the expected demand over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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