Global Professional Video Camera Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Professional Video Camera Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A professional video camera refers to the professional cameras that have special lenses of different focal lengths and high-density sensors to capture high-quality motion pictures. It is mainly used for professional video productions. These cameras are usually larger than a regular camcorder and placed over the shoulder to shoot.

Market Overview:

The latest research study on the global Professional Video Camera market finds that the global Professional Video Camera market reached a value of USD 1358.39 million in 2022. It’s expected that the market will achieve USD 1715.84 million by 2028, exhibiting a CAGR of 3.97% during the forecast period.

Influence of COVID-19 Outbreak on Professional Video Camera Industry Development

The COVID-19 outbreak has disrupted business and economic activities globally. It is expected to have a short-term impact on the Professional Video Camera market to a certain extent. With several countries across the globe announcing nationwide lockdowns and temporary closures of various industries, production and manufacturing have been severely affected. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. The epidemic situation has seriously affected the logistics and transportation, and the transportation of raw materials is difficult. The industrial chain was interrupted, and manufacturing activities, delivery schedules and sales of various products and services were disturbed. Trade barriers have further impacted the demand-supply gap. Companies operating in the Professional Video Camera market have suspended non-essential visits/activities until the COVID-19 outbreak is resolved.
At the same time, affected by the epidemic, the demand for Professional Video Camera in the downstream video production market is also decreasing. Television and film production markets are affected by factors such as mobile restriction, social distance and lack of labor force, and the number of projects is decreasing. This directly reduces the demand for Professional Video Camera in the downstream market.

Region Overview:

From 2022-2027, Asia (exclude Middle East) is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Sony, Panasonic, JVC with the revenue market share of 50.12%, 11.45%, 9.32% in 2020.

Sony Corporation is a Japanese multinational conglomerate corporation headquartered in Konan, Minato, Tokyo. Its diversified business includes consumer and professional electronics, gaming, entertainment and financial services.

Panasonic Corporation manufactures electric and electronic products. The Company produces home appliances, car navigation systems, digital devices, computer peripherals, telecommunications, industrial equipment, and electronic parts.

Segmentation Overview:

By type, 2K Resolution segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Television segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Professional Video Camera market covered in Chapter 3:

Ikegami
RED
Kinefinity
JVC
Sony
Hitachi Kokusai Electric
Arri
Blackmagic
Canon
Panasonic

In Chapter 4 and Chapter 14.2, on the basis of types, the Professional Video Camera market from 2018 to 2029 is primarily split into:

2K Resolution
4K Resolution

Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Professional Video Camera market from 2018 to 2029 covers:

Television
Movies
Music
Corporate and Educational Videos

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)