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4K Camera Market is Excepted to Grow at A CAGR of 20% by 2023

Author : Ronak Bora | Published Date : 2019-04-22 

The 4K camera market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry based on product segment, technology, end user segment and region.

4K technology market is expected to drive the change in the industry accompanied by high innovation all through the broadcasting system. 4K technology is anticipated to mark is significance in numerous digital media sectors such as TV screens, system monitors to digital cameras. Advancements in technology along with the rising demands for high resolution pictures are anticipated to fuel 4K camera market demand.

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Advent of mirror-less ultra high definition devices are likely to facilitate user by furnishing with compact size and also offers better focusing system. In addition, bigger sensors offered by these gadgets are likely to positively impact the industry demand for 4K camera market. Furthermore, flexibility with respect to interchangeable lenses is likely to elevate the 4K camera market growth of these products from 2016 to 2023.

Ultra high resolution versions are likely to mark their presence in security applications. Apart from all other specialties of these devices, they are expected to work best for specific scenario in which user needs to monitor wide area and identify the objects from long distances such as parking structures, airports, casinos and train stations. Further, these equipment are likely to perform superlative when outfitted properly.

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In addition, 4K acquisition is likely to mandatory for new cameras in the market over the forecast period. These devices are now expanding their significance is sport sector such as football, tennis and cricket among others. For instance, ICC Cricket World Cup 2015 was shot with ultra high resolution models using various creative shooting techniques. It involved the combined use of numerous ultra high resolution versions such as spider cams, ultra-motion and also drones model for knock out matches. Seven of its matches were expected to be shot with professional ultra HD video production equipment’s.

Asia pacific 4K camera market share is expected to witness substantial growth and it is likely to be the fastest growing region. The surge in demand can be subjected to intensely proliferating adoption of these devices in the region over the forecast period. Emerging economies such as India is expected to experience high demand for these products. It is expected to incorporate technological breakthrough and elevate the standards for next generation video production.

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Key industry participants occupying major 4K camera market share include Canon, Nikon, Panasonic Corporation, Infineon Technologies, Blackmagic Design, Schneider Electric, Occipital, Sony Corporation, Axis Communications, Sharp Corp, Primesense, Softkinetic, Bosch Security Systems, FLIR Systems, Hong Kong Skyworth Digital Holdings, LUMAX, Pentax, Red Digital Cinema Camera Company, Samsung Electronics and L.G Electronics among others.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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