The global camera motion control market is projected to register a high CAGR during the forecast period, 2021–2028. Motion control is a sub-field of automation, which is involved in moving parts of machines in a controlled manner. The machine parts are controlled using various types of devices. The demand for factory automation is expected to continue to grow, owing to increasing requirements of high-quality products. This factor is anticipated to drive the market growth in the forecast period. Camera motion control system is a motion control system, which makes it easy to capture movements for time-lapse, live-action, and stop-motion. It finds applications in photography, videography, and cinematography.
Global Camera Motion Control System Market Segment Insights:
In terms of types, the camera motion control system market is divided into 2-axis type, 3-axis type, 4-axis type, 5-axis type, and others. The 2-axis type segment is expected to constitute a major share during the forecast period, due to its growing demand by the consumers. Companies are concentrating on development of new 2-axis type, which can positively affect the market. However, the 4-axis type is estimated to hold a significant share of the market during the forecast period, 2021-2028.
Based on applications, the camera motion control system market is segmented into DSLR, mirrorless, digital cinemas cameras, and others. The DSLR segment is anticipated to account for a major share during the forecast period, 2021-2028, owing to increasing demand for DSLR photography. However, the digital cinema camera segment is estimated to hold a substantial share of the market during the analysis period, due to the current trend of web-series, short films, and releasing movies in the Over-The-Top (OTT) space.
In terms of regions, the camera motion control system market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific witnesses a high demand for 2-axis type market due to the increasing number of industries in the region. This has opened the market for new products and opportunities and gives a competitive advantage to the players competing in the camera motion control system market.
Market Drivers, Restraints, Trends, and Opportunities:
- Growing demand for adoption of automation in manufacturing facilities to protect the employees from Covid-19 and rising demand for industrial robots in manufacturing processes are key factors driving the growth of the global motion control market. This, in turn, boosts the growth of the global camera motion control market.
- Increase in the efficiency of production and the number of manufacturing facilities is expected to drive the growth of the camera motion control system market in the forecast period, 2021-2028.
- Rising demand for DSLR and digital cameras, followed by increased industrial activity, is expected to boost the global camera motion control system market in the forecast period, 2021-2028.
- High costs associated with the maintenance and repair and unavailability of spare parts are major factors which can hinder the growth of the global camera motion control system market in the forecast period.
- Use of modern technologies, high rate of production, and company collaborations with regard to automation technologies offers many opportunities for the growth of the camera motion control system market.
- A prime concern for manufacturers is the impact of Covid-19 on the camera motion control system market. COVID-19 has severely affected the global economy. Restrictions on the export and import of products and raw materials to prevent the spread of COVID-19 has severely disrupted the supply chain. It has affected the production in many industries and manufacturing facilities in the motion control system market. This in turn, may affect the growth of the global camera motion control system market in the coming years.
About Growth Market Reports:
GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys.
Contact:
Growth Market Reports
Phone: +1 909 414 1393
Email: sales@growthmarketreports.com
Web: https://growthmarketreports.com
Follow Us: LinkedIn | Twitter
0
