Valued at $ 10.6 Billion by 2026, Camcorders Expected to Experience Robust Growth Globally | national news

SAN FRANCISCO, September 8, 2021 / PRNewswire / – A new market study released by Global Industry Analysts Inc. (GIA), the leading market research firm, today released its report titled “Camcorders – Global Market Path and Analysis.” The report presents new perspectives on the opportunities and challenges in a dramatically transformed post-COVID-19 market.

FACTS AT A GLANCE

Editing: 7; Posted: April 2021

Executive pool: 1422

Companies: 318 – Players covered include Canon India Pvt Ltd .; Eastman Kodak Company; Indigi; JVCKENWOOD Company; Panasonic Corporation; PLR Ecommerce, LLC (Polaroid); Ricoh Company, Ltd .; Samsung Electronics Co., Ltd. ; Sony Corporation; Vivitar Corporation and others.

Blanket: All major geographies and key segments

Segments: Application (media and entertainment, R&D, security and surveillance); Storage (Mini-DV camcorders, DVD camcorders, HDD camcorders, flash memory camcorders); Type (general and traditional camcorders, professional camcorders)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.

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ABSTRACT-

Global Camcorder Market To Reach $ 10.6 billion by 2026

In the midst of the COVID-19 crisis, the global camcorder market is estimated at 7.1 billion US dollars in 2020, is expected to reach a revised size of US $ 10.6 billion by 2026, with a CAGR of 6.6% over the analysis period. General and traditional camcorders, one of the segments analyzed in the report, are expected to register a CAGR of 7.1% and reach 9.4 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the professional camcorder segment is readjusted to a revised CAGR of 4.3% for the next 7 year period.

The US market is estimated at $ 2.1 billion in 2021, when China is expected to reach $ 2.2 billion by 2026

The camcorder market in the United States is estimated at US $ 2.1 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 2.2 billion by 2026, with a CAGR of 10.1% over the analysis period. Other notable geographic markets include Japan and Canada, each forecasts growth of 3.6% and 5.9% respectively over the analysis period. In Europe, Germany is expected to grow by around 4.2% CAGR. Following

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About Global Industry Analysts, Inc. & StrategyR

Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving more than 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for more than 33 years.

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Phone: 1-408-528-9966

www.StrategyR.com

Email: [email protected]

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SOURCE Global Industry Analysts, Inc.

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